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Is Robinhood really democratizing finance?

Is Robinhood really democratizing finance?
theverge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theverge.com Daily Mail and Mail on Sunday newspapers.

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Meet the Stock Market's New Investors

Photograph by Gina LeVay
David Nathanson remembers the moment when the frenzied and risky world of day trading took hold of him. While working at home in late January during the pandemic, his phone lit up with a text from a friend: “Look what’s happening with GameStop!”
The 30-year-old software account exec from Brooklyn, N.Y., wasn’t totally new to investing when the troubled video game retailer became an overnight sensation earlier this year, going from a brick-and-mortar Wall Street laggard to a white-hot “meme” stock. In March 2020, to ward off lockdown boredom and stay connected to friends who were trading stocks on investing apps, he signed up with a discount broker. ....

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Volkswagen could end up in hot water over its "Voltswagen" marketing stunt

Volkswagen could end up in hot water over its Voltswagen marketing stunt
CNN
1 day ago
By Clare Duffy, CNN Business
© Ronny Hartmann/AFP/Getty Images
A new Volkswagen (VW) ID.4 SUV electric automobile is ready for delivery at the customer centre of German carmaker Volkswagen in Wolfsburg, northern Germany on March 26, 2021. - German auto giant Volkswagen said it is aiming to dominate the electric car market by 2025 as it accelerates the pace to catch up with US pioneer Tesla. Volkswagen sold 422,000 electrified vehicles in 2020. Of those, 230,000 were fully electric cars or three times more than in 2019 and the remainder petrol-electric hybrids. (Photo by Ronny Hartmann/AFP/Getty Images) ....

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Volkswagen could end up in hot water over its 'Voltswagen' marketing stunt

Volkswagen of America says its Voltswagen name change was merely a joke in the spirit of April Fools Day to promote a new electric car. But even if it was meant as a lighthearted marketing gag, the move could land the carmaker in some serious trouble.
The situation may have put the company at risk of running afoul of US securities law by wading into the murky waters of potentially misleading investors.
This is not the sort of thing that a responsible global company should be doing, said Charles Whitehead, Myron C. Taylor Alumni Professor of Business Law at Cornell Law School. ....

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Premium bag-in-box wine consumption on the rise

Premium bag-in-box wine consumption on the rise
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

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