Reddit could soon put some subreddits behind a paywall
According to Reddit CEO, it seems that the company is testing the idea of putting some subreddits behind a paywall. The post Reddit could soon put some subreddits behind a paywall appeared first on Phandroid. One of the appealing things ab.....»»
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.....»»
Robinhood limits users to a single share of GameStop and other stocks
Robinhood has detailed its latest step in the complex quagmire of market manipulation that is this week’s GameStop hedge fund Reddit army debacle. Users will for the present be limited to holding a single share of GameStop and dozens of other s.....»»
GameStop Shows Rising Power of Retail Traders, Says Reddit Co-Founder
Reddit Chief Executive Officer Steve Huffman said on Thursday that the WallStreetBets forum is "by no means perfect but they've been well in the bounds of our content policy." From a report: "With all of our communities that do their best to be good.....»»
Reddit Joins With Ethereum Foundation To Build Scaling Tools
Reddit is growing its role in the Ethereum ecosystem, with the goal of building out scaling tools for the blockchain network. From a report: The social media platform announced this week that it was expanding its work with the Ethereum Foundation to.....»»
Profile of Keith Gill, Who Drove the GameStop Reddit Mania
The investor who helped direct the world's attention to GameStop, leading a horde of online followers in a bizarre market rally that made and lost fortunes from one day to the next, says he's just a normal guy. From his profile by The Wall Street Jou.....»»
SEC issues statement on past week’s turbulent market activity prompted by Reddit-fueled GameStop run
The U.S. Securities and Exchange Commission (SEC) has issued an official statement on the tumult of the past week in the public stock market. It’s a relatively brief statement, and doesn’t mention any of the key players by name (aka GameS.....»»
AOC, Ted Cruz Slam Robinhood for Freezing Some Trades Amid GameStop Volatility
With Reddit's interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning. Reddit wasn't happy -- and neither are some lawmakers. From a report:The incident.....»»
The real shock of the GameStop mania was that it didn"t happen sooner
This week, the investing world looked on with a mix of admiration and horror as members of a Reddit forum devoted to stock trading collectively sent shares of a seemingly moribund company through the roof......»»
Reddit forum"s role in Gamestop shares frenzy faces regulatory probe
US regulators are to review extraordinary rallies in the shares of struggling gaming retailer Gamestop, part-driven by users of a forum on Reddit, as concerns grow over a surge in retail investor activism......»»
Robinhood and Reddit top the App Store, as trading apps surge following GameStop mania
The GameStop mania didn’t just drive up the stock price of a declining video game retailer, it’s also sent trading apps and others to the top of the App Store, due to record-breaking downloads. Today, the popular trading app Robinhood has.....»»
Discord Bans the r/WallStreetBets Server As Subreddit Goes Private
According to The Verge, Discord has banned the r/WallStreetBets server for allowing "hateful and discriminatory content after repeated warnings." It did not ban the server for financial fraud. We have also learned that Reddit's WallStreetBets subredd.....»»
The Reddit forum that"s freaking out Wall Street briefly went dark, sparking yet another frenzy
The Reddit message board that's breaking the internet by sending Wall Street into a frenzy was briefly taken private by its moderators on Wednesday, adding further confusion to a wild day......»»
Daily Crunch: GameStop becomes a meme stock
Reddit users have some fun with the stock market, Facebook predicts advertising challenges and ByteDance is cutting jobs in India. This is your Daily Crunch for January 27, 2021. The big story: GameStop becomes a meme stock GameStop’s stock con.....»»
WallStreetBets goes dark
After a wild day for public markets driven by Reddit traders commandeering stocks and combatting hedge fund short sellers, the community at r/wallstreetbets no longer has a home on Discord and its Reddit community has been locked down as an invite-on.....»»
Reddit"s GameStop traders are now driving up stock in AMC, Blackberry, and more
Day traders belonging to a Reddit group continue to squeeze short-sellers on Wall Street by vacuuming up even more stocks that are expected to fail, including AMC. The struggling theater chain closed at $5 per share on Tuesday. As of this writing, th.....»»
Carl Pei launches a consumer technology brand called Nothing
Pei has launched a new brand, a London-based consumer technology company called Nothing. The startup raised a $7 million round of seed funding in December 2020 from notable tech players including iPod inventor Tony Fadell, Reddit CEO Steve Huffman an.....»»
OnePlus co-founder Carl Pei launches tech startup called Nothing
Pei has launched a new brand, a London-based consumer technology company called Nothing. The startup raised a $7 million round of seed funding in December 2020 from notable tech players including iPod inventor Tony Fadell, Reddit CEO Steve Huffman an.....»»
GameStop stock hits record high (again!) as Reddit group causes mayhem
Video game retailer GameStop's stock rose by nearly 70 percent on Friday causing a halt in trading. The price spike in the company’s market value was attributed in part to a group of day traders on the subreddit r/wallstreetbets, which led to a scr.....»»
GameStop Jumps After Hours As Elon Musk Tweets Out Reddit Board That"s Hyping Stock
Tesla CEO Elon Musk seemed to rally behind GameStop's epic surge on Tuesday, tweeting out a link to the Reddit board that's largely hyped the stock. CNBC reports: Shares of GameStop, which jumped 92.7% Tuesday, were up more than 60% in after hours tr.....»»
GameStop stock hits record high as Reddit group causes mayhem
Video game retailer GameStop's stock rose by nearly 70 percent on Friday causing a halt in trading. The price spike in the company’s market value was attributed in part to a group of day traders on the subreddit r/wallstreetbets, which led to a scr.....»»