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.....»»
Gaming the system: How GameStop stock surged 1,500% in nine months
New board members and a massive short squeeze cause stratospheric short-term growth. Enlarge / When will this stock [game]stop rising? (credit: Aurich Lawson) Nine months ago, GameStop stock bottomed out at $2.80 a share, a reflection of the m.....»»
Uganda election: Internet restored but social media blocked
Online services were restricted ahead of last week's vote, and social media remains blocked......»»
Stellantis shares rise in first day of trading after FCA-PSA merger
Stellantis Chairman John Elkann said the company, which was created by the merger of Fiat Chrysler and PSA, has the scale and resources to successfully capture the opportunities of a new era in transportation......»»
A theory about the current IPO market
Lots of demand, little supply, boom goes the price. As expected, shares of Poshmark exploded this morning, blasting over 130% higher in afternoon trading from the company’s above-range IPO price of $42. The enormous and noisy debut of.....»»
Beyond Meat shares soar after inking deal with Taco Bell on new menu items
Shares of Beyond Meat are soaring on news that the company will be working with Taco Bell on new menu items. The company’s stock was up $17.13, or 13.67%, to $142.48 and climbing in midday trading after Taco Bell announced that it would embrace.....»»
Poshmark is pushing into the public market at a high-end valuation as the resale market sizzles
Poshmark, the nine-year-old, Redwood City Ca.-based online marketplace for second-hand clothing, beauty, and home decor products, is set to start trading as a public company on the Nasdaq tomorrow after pricing 6.6 million shares higher than original.....»»
Intel CEO Bob Swan To Step Down in February, VMware CEO Pat Gelsinger To Replace Him
Intel CEO Bob Swan is set to step down effective Feb. 15. From a report: VMWare CEO Pat Gelsinger will take over the position, sources told CNBC. Intel's stock was up about 13% in premarket trading following the news. VMWare's stock was down nearly 5.....»»
Affirm doubles after starting to trade despite strong IPO pricing
Today shares of Affirm, a buy-now-pay-later unicorn, started trading above $90 per share, far above its $49 per-share IPO price, a figure that was already miles above the company’s early expectations. The pop comes after Affirm raised its pricing r.....»»
Parler Users Breached Deep Inside US Capitol Building, GPS Data Shows
An anonymous reader quotes a report from Gizmodo: At least several users of the far-right social network Parler appear to be among the horde of rioters that managed to penetrate deep inside the U.S. Capitol building and into areas normally restricted.....»»
From crypto trading and home workouts to EV batteries and microLED displays, CES’ Taiwan startups cover a wide range of tech
For the past three years, the Taiwan Ministry of Science and Technology (MOST) has brought startups to CES . This year, its virtual pavilion, organized with Taiwan Tech Arena, is hosting 100 startups, organized into five categories: Smart Living, Tec.....»»
Twitter Shares Fall 7% Following Permanent Trump Ban
Twitter shares fell 7% in pre-market trading after the social media platform permanently banned outgoing President Donald Trump. From a report: The company confirmed its decision in a blog post on Friday, saying Trump's tweets breached policies by ri.....»»
Social Media Trends to Consider in Your 2021 Marketing Strategy
The "social" part of social media took on a whole new weight in 2020, as the COVID-19 pandemic restricted people to small groups and away from indoor venues. Continue reading........»»
FBI arrests Republican lawmaker who stormed Capitol with pro-Trump mob
W.V. lawmaker Derrick Evans charged with entering restricted area of US Capitol. Derrick Evans shouts on his Facebook livestream as a mob enters the US Capitol. (credit: Derrick Evans)The West Virginia state lawmaker who was part of a pro-.....»»
Elon Musk passes Jeff Bezos as world"s richest person
One year ago to the day, Tesla closed at a value of $93.81. As of writing, share value in Musk’s electric vehicle company is up nearly seven percent on the day and is trading at $807.09. The rally was enough to push Musk ahead of Bezos according to.....»»
SMIC sees US ban hit supply of chemical raw materials and consumables
The US trade ban against China-based SMIC has restricted the pure-play foundry's capability of obtaining semiconductor equipment for its process technology advancements. Nevertheless, a more significant challenge facing SMIC is insufficient supplies.....»»
Twitter adds huge pop-up warning to Trump video telling Capitol Hill rioters ‘we love you’
Twitter took a new action against President Trump’s account Wednesday, adding a large, pop-up warning message to his latest tweet addressing the ongoing chaos on Capitol Hill. The company has restricted engagement on the tweet, citing a “.....»»
China to launch carbon emissions trading scheme next month
China's delayed carbon trading system will start operating in February, the environment ministry has said, as the world's biggest polluter takes steps towards decarbonising its economy by 2060......»»
Fiat Chrysler-PSA merger nears finish line after shareholder approvals
The deal to create the new, combined automaker that will have 14 brands was approved by overwhelming majorities at separate shareholder meetings. The merger is expected to be completed on Jan. 16 and Stellantis shares will begin trading Jan. 18. .....»»
Fiat Chrysler, PSA shareholders back merger to form Stellantis
The deal to create the new, combined automaker that will have 14 brands was approved by overwhelming majorities at separate shareholder meetings. The merger is expected to be completed on Jan. 16 and Stellantis shares will begin trading Jan. 18. .....»»
SEC lawsuit against Ripple prompts Coinbase to suspend trading of XRP
Coinbase said trading of the cryptocurrency has moved into limit only and will be fully suspended on January 19, 2021, at 10 am Pacific......»»