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.....»»
Trading app Public drops payment for order flow in favor of tips
Trading app Public drops payment for order flow in favor of tips.....»»
Robinhood Raises Another $2.4 Billion as Broker App Deals With Retail Trading Frenzy
As it sits amid the recent extreme bouts of market volatility, discount online brokerage Robinhood has been able to raise another $2.4 billion from investors, the company said Monday. From a report: That brings to $3.4 billion that the firm has been.....»»
Robinhood’s Q4 2020 revenue shows a return to growth
So much for a blowback! Deeply funded fintech company Robinhood has been the world’s most discussed startup over the last week. After the discount trading pioneer found itself in the midst of a battle between hedge funds on one side a.....»»
Robinhood’s long weekend brings a total of $3.4 billion to its balance sheet
Popular, highly-scrutinized trading app Robinhood has raised $2.4 billion to its balance sheet from shareholders, as first reported by the Wall Street Journal and then confirmed by the company. The private startup raised $1 billion on Friday, meaning.....»»
Elon Musk Grills Robinhood CEO Over GameStop Trading Freeze: "The People Demand Answers"
Elon Musk had just wrapped up a wide-ranging 90-minute interview on the audio chat app Clubhouse early on Monday, when he threw the hosts a curveball. "Do you want to hear the real story from Vlad [from] Robinhood about what happened on the Street wi.....»»
China launches carbon emissions trading scheme
China launched a carbon trading system Monday designed to drive down emissions, as the world's biggest polluter takes steps towards decarbonising its economy by 2060......»»
As Virgin Galactic gets swept up in GameStop mania, it gets back to flying
Company says its next window for a test flight opens on February 12. Enlarge / VMS Eve carries VSS Unity for its first captive-carry flight over Mojave. (credit: Virgin Galactic) At a time when non-traditional investors are buying up heavily.....»»
5 ways Robinhood’s rushed UX changes exacerbated the GameStop crisis
The GameStop debacle has been hailed by many as a first of its kind form of digital activism, with the ‘crowd’ coming together to stick it to Wall Street, and specifically hedge funds that are in the business of short selling. However, wh.....»»
GameStop investor battle moves on to silver as prices surge
Silver hits an eight-year high amid social media calls to buy the metal......»»
Elon Musk grills Robinhood boss over GameStop row on Clubhouse
The Tesla and SpaceX boss also spoke about Bitcoin, Mars and brain implants......»»
GameStop investors set their sights on silver as prices surge
The investor battle that caused GameStop shares to surge has moved on to silver......»»
Silver surges as speculators focus on commodities
The investor battle that caused GameStop to surge has moved on to silver......»»
Silver surges as Reddit army turns to commodities
The investors that caused GameStop to surge are now turning their attention to silver......»»
Hedge fund Melvin sustains 53% loss after Reddit onslaught
$4.5 billion drop in assets after bets against the likes of GameStop go sour. Enlarge (credit: Innocenti | Getty Images) Melvin Capital, the hedge fund that was wrongfooted by retail traders who drove up shares in GameStop and other companies.....»»
Real Wolf of Wall Street gives his advice to people investing in GameStop
The man known as the Wolf of Wall Street has offered his advice to small investors buying shares in GameStop, saying they should "be careful" to avoid losing money when "it goes bad"......»»
Reddit co-founder on GameStop: ‘The collective public cannot unsee this’
When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed that the fintech darling suddenly didn’t live up to its name. The spec.....»»
This Week in Apps: GameStop madness hits trading apps, Apple privacy changes, Clubhouse becomes a unicorn
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in.....»»
How Reddit"s Co-Founder, Jim Cramer, and Wall Street Reacted to GameStop"s Surge
Friday afternoon CNBC reported that "heightened speculative trading by retail investors" (later referred to as "GameStop mania") had "continued to unnerve the market." The Dow Jones Industrial average lost 620.74 points, or 2%, to 29,982.62, the firs.....»»
"Meme Stock" Rally Rescues AMC Theaters From $600 Million Debt
This week's bizarre "meme stock" rally, which has delivered lottery-like windfalls for holders of GameStop stock, also wiped out $600 million in debt owed by the AMC theater chain. Polygon reports: That's because, on Wednesday, a private equity firm.....»»
Robinhood Is Still Severely Limiting Trading, Customers Can Only Buy One Share of GameStop
Restrictions on Robinhood traders got tighter throughout the day on Friday, only allowing clients to buy a single share of GameStop. CNBC reports: The stock trading app also expanded its list of restricted stocks from 13 earlier in the day to 50. The.....»»