GameStop, AMC Trading Now Being Restricted at TD Ameritrade, Schwab
Some major brokerage houses have begun to respond to a frenetic surge in the price of shares of companies that has been attributed to rabid buying by individual investors on social-media platforms. From a report: On Wednesday, TD Ameritrade said it w.....»»
Why the GameStop story is far from over
Huge swings in the share price show amateur investors are still taking on Wall Street......»»
Will digital trading cards replace physical ones?
Blockchain based non-fungible tokens are seeing a boom in the sale and trade of digital-only items......»»
Coupang follows Roblox to a strong first day of trading
Coupang's IPO was a success, no matter how you slice it, even if you have valuation quibbles. And it was a huge win for SoftBank. Another day brings another pubic debut of a multibillion dollar company that performed well out of the gate......»»
Sports trading card platform Alt launches with $31 million in funding and plenty of market hype
The alternative asset market showed promise pre-pandemic but amid a broader rally among traditional asset classes, the number of investors searching for and promoting value in the space has exploded. That has, in turn, promoted a pretty major influx.....»»
Roblox: David Baszucki worth $4.6bn as shares soar
First day's trading sees David Baszucki's firm now worth more than some of the biggest gaming firms......»»
Roblox goes public via direct listing, soars to $38 billion valuation
Roblox was valued at about $29.5 billion in a January funding round, though its true public value was up to the market to decide. On its first day of trading, Roblox got a big 40% bump giving the company a market cap of just over $38 billion......»»
Welcome to Bloxburg, public investors
As Roblox began to trade today, the company’s shares shot above its reference price of $45 per share. Currently, Roblox is trading at $71.10 per share, up just over 60% from the reference price that it announced last night. That effort finally.....»»
T-Mobile To Step Up Ad Targeting of Cellphone Customers
T-Mobile will automatically enroll its phone subscribers in an advertising program informed by their online activity, testing businesses' appetite for information that other companies have restricted. From a report: The No. 2 U.S. carrier by subscrib.....»»
The technology selloff is getting to be somewhat material
Tech stocks are getting hammered today, with previously high-flying shares of software companies taking even more damage. For a sector that has enjoyed a year in the sun, recent trading sessions have punctured a period of market adoration. It is too.....»»
Reddit chief: I was late to spot GameStop stock mania
Steve Huffman says he supported the aims of a Reddit group taking on the hedge funds......»»
Okta Says It"s Buying Security Rival Auth0 For $6.5 Billion
Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it's spending $6.5 billion to acquire rival Auth0. CNBC reports: Okta's shares plunged about 13% in extended trading.....»»
Goldman Sachs Restarts Cryptocurrency Desk, Will Begin Dealing Bitcoin Futures
Goldman Sachs Group has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, Reuters reported Monday, citing a source. From the report: The team will sit within the.....»»
As Coinbase looks to list, Robinhood rides the crypto boom
Let's see what we can learn about Coinbase's recent trading volume before looking into Robinhood's. Is Robinhood crypto a possible threat to Coinbase's consumer trading volumes? The impending Coinbase direct listing is a fintech debut to wa.....»»
Did "Tens of Thousands" of Bot Accounts Hype GameStop"s Stock and Dogecoin?
Reuters reports: Bots on major social media platforms have been hyping up GameStop Corp and other "meme" stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media, suggesting organized economic or foreign actors may.....»»
Millions are flocking to Robinhood to trade cryptocurrencies
In comparison, the number of new crypto customers on Robinhood peaked at 401,000 in a single month last year with a monthly average of around 200,000 users trading on the platform for the first time in 2020......»»
Millions of people are flocking to Robinhood to trade cryptocurrencies
In comparison, the number of new crypto customers on Robinhood peaked at 401,000 in a single month last year with a monthly average of around 200,000 users trading on the platform for the first time in 2020......»»
Coinbase Says Entire Crypto Market Could Destabilize if Bitcoin"s Creator is Ever Revealed or Sells Their $30 Billion Stake
Coinbase on Thursday released documents for its public debut on the Nasdaq stock exchange via a direct listing. In the filing, the digital trading platform cited as a risk factor Bitcoin's creator, Satoshi Nakamoto -- the pseudonym used by the person.....»»
Don’t look now, but GameStop’s stock price is surging again
75 percent increase in one hour disrupts weeks of relatively calm prices. Enlarge / HODL! (credit: Getty Images) GameStop's stock price saw yet another sudden surge in late trading hours on Wednesday. After opening at $44.70 that morning, the.....»»
USV has been aggressively selling off shares in Coinbase in run up to IPO
Coinbase’s S-1 publicly dropped this morning with much anticipation. My colleague Alex Wilhelm has the high-level details, but there was one major wrinkle for the crypto trading darling: two of its early investors seem to be cutting down their stak.....»»
GameStop surges again as Reddit crashes temporarily
Trading in GameStop shares halted minutes before markets closed but jumped again in late trading......»»