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Mobile apps represent a wealth of opportunity for investors with an interest in technology stocks. The ubiquity of mobile devices and their prominence in everyday life has led to the development of mobile apps for everything from gaming and dating to banking and stock trading. Mobile apps began rising to prominence in 2007 with the launch of iPhone, which heralded a new era in connectivity brought about by revolutionary touch technology. The diversity of today’s offerings makes investing in mobile apps an appealing prospect. With nearly 3 million apps in Google’s (NASDAQ:GOOGL) Google P...

David Muhlbaum: Every so often the stock market has a “Wait, what?” moment when things don’t go quite as expected. The most recent instance was wild trading in a relatively obscure stock called GameStop. Senior investing editor Kyle Woodley breaks down what happened and what it means to all of us. Also, General Motors says it’s going electric, basically. So will your next car be electric? That’s all coming up. Stick around. David Muhlbaum: Welcome to Your Money’s Worth. I’m senior online editor David Mulbown, joined by my co-host, senior editor, Sandy Block. Sandy, how are yo...

Robinhood to ease restrictions on GameStop trades CNN 1/29/2021 By Paul R. La Monica, CNN Business © Frederic J. Brown/AFP/Getty Images People enter a GameStop store in Alhambra, California on January 27, 2021. - An epic battle is unfolding on Wall Street, with a cast of characters clashing over the fate of GameStop, a struggling chain of video game retail stores. Traders have been astounded in recent days by the surge in struggling video game retailer GameStop's share price, after a group of amateur investors banded together over the online platform Reddit to fight the W...

GameStop surge leaves U.S.-based mutual funds and ETFs behind Reuters 1/28/2021 By David Randall © Reuters/MIKE BLAKE FILE PHOTO: GameStop gift cards are shown for sale at a GameStop Inc. store in Encinitas, California By David Randall NEW YORK (Reuters) - A handful of exchange-traded funds appear to be among the largest institutional winners from the more than 360% rally in shares of GameStop Corp so far this week as the video game retailer remains at the center of a showdown between retail investors and short-selling hedge funds. The $189 million Wedbush ETFMG Video ...

Is GameStop in Your ETF? GameStop has soared during January but is under owned by ETFs given its more than $20 billion market capitalization. Just 63 funds own a position in the company.  There are just 63 ETFs that own shares of Gamestop. Due to soaring investor demand this month, the consumer discretionary stock closed higher than $300 per share on Wednesday with a market capitalization over $20 billion —a 10-fold increase from just a few weeks ago. Yet, the stock is not widely held by ETFs, especially compared to consumer discretionary peers. For example, there are 120 ETFs that r...