Stay updated with breaking news from எப்படி சுவர் தெரு. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
(Adds latest stories) Feb 11 (Reuters) - Shares of red-hot cannabis firms plunged by more than one-third on Thursday, marking another short-lived squeeze of short sellers by retail investors aiming to benefit from an expected push to decriminalize marijuana under U.S. President Joe Biden. Coverage highlights below: LATEST NEWS > Reddit rally in cannabis stocks stubbed out > How GameStop missed out on capitalizing on the Reddit rally > U.S. markets regulator suspends trading in defunct meme stock > Cash-strapped pot producers raise billions in market rally > Robinhood, Melvin, Citadel execs likely to testify in Congress > Short interest in pot stock Tilray surged in past week -Ortex > Canada TMX s retail participation jumps in January, CEO says > Massachusetts regulator subpoenas GameStop bull Roaring Kitty > GameStop tumbles nearly 2 ....
For days, some social media users have been earnestly trying to explain to non-finance bros what it means to short a stock, what a short squeeze is, and how hedge fund Melvin Capital wound up needing a $2.75 billion bailout because they made a catastrophically bad bet against the bland mall fixture that is video game retailer GameStop. Some people tried to get in on the action by looking into buying their own shares of GameStop on Robinhood, a trading and investing app, until Robinhood halted GameStop trading on Thursday, and then reauthorized it in limited quantities on Friday. Most people on the internet simply celebrated the mass freakout of stock brokers who got a taste of their own capital-manipulating medicine for once, especially in a pandemic that has exacerbated existing economic inequality throughout the nation. ....
Analysis: How Wall Street gains from 'populist' trading movement - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
chess prodigy s rise from basement chess matches to global acclaim, in late October. Since the show debuted, chess sets have flown off the shelves and online chess sites have seen an influx of users. But amidst the growth in popularity, online platform Chess.com has seen another surge: cheating. Following the release of Netflix s The Queen s Gambit in late October, a legion of fans across the world decided to pick up the ancient game of chess. But a little more than a month since the chess craze began, Chess.com is seeing another trend, too: a rise in cheating. Chess.com closed more accounts in November due to fair play violations than ever before, according to the website. In November alone, the site closed more 18,511 accounts for cheating. News of the uptick was first reported by The Wall Street Journal. ....