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Wall Street Loves These 2 Nasdaq Stocks

The market is getting a big boost because of optimism among stock analysts. ....

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Jerome Powell's Fed in Two Frightening Charts

Jerome Powell's Fed in Two Frightening Charts
counterpunch.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from counterpunch.org Daily Mail and Mail on Sunday newspapers.

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False Labelling in COVID Origin Scrutiny Reminiscent of Climate Change Debate, Observers Say

False Labelling in COVID Origin Scrutiny Reminiscent of Climate Change Debate, Observers Say
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Wall Street short-sellers get what they deserve in GameStop squeeze


GameStop
What’s happening on Wall Street?
Investors have been rushing into the nearly bankrupt strip mall video game retailer GameStop faster than shoppers hoping to score a PlayStation5 at a Black Friday door-crashers sale. Suddenly, the company is valued more than big box tech behemoth Best Buy. Its shares are trading at a volume surpassing even the biggest stock of them all, Apple.
If you think it’s because GameStop suddenly re-invented the video game wheel, the answer is no. In fact, other than the hiring of a new CEO, not much at the company has changed since last year when a share of GameStop stock could be had for as little as $5. But at their peak (as of this writing) on the morning of Thursday, Jan. 28, the company’s shares hit $500 in premarket trading. Cumulatively, GameStop stock has skyrocketed 1,200% in the recent period. ....

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