Posts filtered by tags: Financial Markets[x]


Federal and State Regulators Probe Robinhood Over Meme Stock Trading Restrictions

U.S. regulators are investigating Robinhood after it temporarily blocked users from purchasing so-called meme stocks on its stock trading app amid the Reddit-fueled short squeeze earlier this year.Read more...
Tags: Science, Nokia, Amc, Reddit, Internet Culture, Robinhood, Gamestop, Financial Markets, Short Selling, The Financial Industry Regulatory Authority, US Securities and Exchange Commission, Financial Industry Regulatory Authority, Business Finance, Rwallstreetbets, Gamestop Short Squeeze, New York Attorney Generals Office

What Are Pre-IPO Stocks, and Are They Worth It?

Before a private company goes public in an initial public offering (IPO), they might set aside a few shares to be purchased in what’s known as a pre-IPO placement. You can make a lot of money from pre-IPO stocks, but the risks are also significant, and either way, it’s not easy to get your hands on these early-bird…Read more...
Tags: Google, Money, Finance, Alibaba, Private Equity, Lifehacks, Stock Market, Stock, Initial Public Offering, Ourcrowd, Financial Markets, Corporate Finance, Business Finance, Secondary Market, Pre Ipo, Equity Securities

GameStop's Doing a Thing Again

GameStop, little diva that she is, is in the spotlight once more after shares of the company skyrocketed on Wednesday. Read more...
Tags: Science, Finance, Stock Market, Short, Robinhood, Gamestop, Financial Markets, Short Selling, GME, Short Squeeze, Business Finance, Subreddits, Keith Gill, Rwallstreetbets

Barclay's Analysts Bet Tesla Stock Is Being Propped Up By r/WallStreetBets

Tesla might be the beneficiary of the GameStonks effect, at least according to analysts for the British bank and investment firm Barclay’s.Read more...
Tags: Science, Cars, Tesla, Stock Market, Robinhood, Share Trading, Gamestop, Financial Markets, Short Selling, Barclay, Business Finance, Keith Gill, In Video Gaming, Rwallstreetbets, Gamestop Short Squeeze, Internet Based Activism

I Waited Five Hours for AOC to Ask the Robinhood Guy a Question, and This Is What I Got

Those of us who sat through yesterday’s five-and-a-half-hour House Committee on Financial Services hearing on the GameStop short squeeze had maybe, foolishly, hoped against hope to see some cold hard accountability. We came to hear Robinhood’s CEO explain why, at the peak of the GameStop run, the trading app shut out…Read more...
Tags: Science, Finance, Stock Market, Robinhood, Gamestop, Steve Huffman, Vlad Tenev, Financial Markets, Aoc, Short Selling, Business Finance, Melvin Capital, Vladimir Tenev, House Committee on Financial Services, Tenev, Rwallstreetbets

How to Watch the Robinhood Congressional Hearing

More real-time WallStreetBets drama, the David and Goliath tale of class and meme warfare that has it all, will unfold before our very eyes today in a Congressional hearing at noon, ET. Possibly aware that at least two forthcoming movies and two TV shows need some good material, the House Committee on Financial…Read more...
Tags: Science, Finance, David, Stock Market, Short, Robinhood, Gamestop, Financial Markets, Short Selling, Kenneth C Griffin, Short Squeeze, Business Finance, Melvin Capital, Rwallstreetbets, DeepFuckingValue, Robinhood Congressional Hearing

YouTube, Reddit User 'Roaring Kitty' Gets Sued for Securities Fraud Over GameStop Short Squeeze

Keith Gill, also known as “Roaring Kitty” on Twitter/YouTube and “DeepFuckingValue” on Reddit, is facing a proposed class action lawsuit for his role in the massive GameStop short squeeze orchestrated by Reddit’s r/WallStreetBets board, Bloomberg reported on Wednesday.Read more...
Tags: Science, Finance, Bloomberg, Reddit, Stock Market, Robinhood, Gamestop, Financial Markets, Short Selling, Short Squeeze, Business Finance, Vladimir Tenev, Keith Gill, Rwallstreetbets, Gamestop Short Squeeze, DeepFuckingValue

CEOs of Robinhood and Reddit to Testify in Federal GameStop Hearing

The House Financial Services Committee will hold a virtual hearing on Feb. 18 as part of its investigation into the coordinated effort by Reddit’s stock-trading community to drive up the price of GameStop stocks as a big middle finger to hedge fund managers. Read more...
Tags: Science, Finance, Reddit, Stock Market, Robinhood, Share Trading, Gamestop, Financial Markets, Short Selling, House Financial Services Committee, Business Finance, Vladimir Tenev, In Video Gaming, Rwallstreetbets, Gamestop Short Squeeze, Internet Based Activism

Wall Street Fund Wants to Hire r/WallStreetBets Users to Help Pick Meme Stocks

GameStop’s stock has fallen back to something like a reasonable price and Barstool Sports founder Dave Portnoy claims he lost about $700,000, but the future of meme stocks is not yet written. And at least one New York-based quantitative fund seems to think there’s still a glimmer of gold to be found in the brain trust…Read more...
Tags: New York, Science, Finance, Reddit, Stock Market, Stock, Robinhood, Internet Meme, Gamestop, Financial Markets, Short Selling, Place, Business Finance, Subreddits, Barstool Sports, Dave Portnoy

Robinhood Sued by Family of College-Aged Investor Who Took His Own Life

The family of a 20-year old man who took his own life over the summer after he misread his investment balance on Robinhood on Monday against the brokerage app.Read more...
Tags: Science, Stock Market, Robinhood, Gamestop, Financial Markets, Short Selling, Kearns, Alex Kearns, Rwallstreetbets

6 Alternative Apps For Frustrated Robinhood Users

Let’s say you’re angry with Robinhood after they unexpectedly last week, and maybe the app is too gamified for your comfort, and perhaps you’re simply looking for an brokerage platform offering more features or research information—here’s a look at some stock trading app…Read more...
Tags: Security, Money, Finance, Lifehacks, Robinhood, SoFi, Financial Markets, Toronto Dominion Bank, TD Ameritrade, Charles Schwab Corporation, Mutual Fund, Exchange Traded Funds, Stock Trader, Technology_internet

SEC Issues Vague Threats Against Everyone Involved in the GameStop Stock Saga

The Securities and Exchange Commission broke its silence Friday morning on the populist investor uprising that has sent the stock price of beleaguered retailer GameStop “to the moon,” warning everyone involved that they are watching... and, for the time being, not doing a whole lot else, it seems.Read more...
Tags: Security, Science, Money, Finance, Social Issues, SEC, Stock Market, Short, Robinhood, Hedge Fund, Gamestop, Securities And Exchange Commission, Financial Markets, US Securities and Exchange Commission, Financial Regulation, GameStop Stock Saga

How to Use Robinhood Without Losing Your Shirt

As WSJ columnist James Mackintosh recently pointed out: the stocks that did best last year were priced below $1, which is odd, because a stock’s price tells you almost nothing about the company. This market behavior coincides with the recent rise of individual investors using trading apps, with users flocking to…Read more...
Tags: Money, Finance, Lifehacks, Stock Market, Stock, Robinhood, WSJ, Share Trading, Financial Markets, Charles Schwab Corporation, James Mackintosh, Day Trading, Rwallstreetbets

Facebook Bans Popular Stock Trading Group Amid GameStop Chaos

Facebook has reportedly shut down a popular stock trading group due to alleged policy violations, the page’s founder claims, who argues the real reason behind the sudden ouster is the windfall its members made off all the this week. Read more...
Tags: Facebook, Science, Software, Reddit, Websites, Robinhood, Gamestop, World Wide Web, Financial Markets, Facebook Inc, Subreddits, Stock Trader, Rwallstreetbets

Robinhood Sued by Furious GameStop Stockholders

Stock-trading app Robinhood now faces a class-action lawsuit after it blocked stock purchases of GameStop and other companies favored by Reddit’s WallStreetBets community on Thursday morning.Read more...
Tags: Science, Money, Finance, Reddit, Short, Stock, Robinhood, Hedge Fund, Gamestop, Financial Markets, Financial Regulation, Alexandria Ocasio Cortez, Rwallstreetbets

‘Democratized Finance’ App Robinhood Halts Purchases Of GameStop, AMC, American Airlines

The lulz (and soaring financial gains) of Reddit’s insurgent investor community, WallStreetBets, are on hold Thursday morning as popular stock-trading app Robinhood halted key types of trades of its favorite stocks due to “significant market volatility.” Read more...
Tags: Science, Money, Finance, Economy, Reddit, Stock Market, Short, Robinhood, Option, Hedge Fund, Gamestop, Financial Markets, Human Interest, Rwallstreetbets, GameStop AMC American Airlines

"I understand perfectly why people who have treated the markets as an enormous casino for decades are terribly upset when people other than themselves treat the markets like an enormous casino."

That's the top-rated comment on "‘Dumb Money’ Is on GameStop, and It’s Beating Wall Street at Its Own Game/GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street" (NYT).  Finance is my least favorite subject, but I can't completely ignore something that feels expressive of my reasons for not engaging. I'm not even going to attempt to vaguely gesture at the briefest summary of wh...
Tags: Law, Wall Street, Gambling, Wealth, Reddit, Starbucks, Gamestop, Avocado, Financial Markets, Ann Althouse, GURNER, Tim Gurner

What’s Causing the GameStop Stock Trading Frenzy?

You might have seen headlines this week about the sudden surge in stock prices for moribund companies like GameStop (up 400%) and AMC (up 375%). But what about Blockbuster? Yes, they still exist as a penny stock—and they’re up over 2000% from earlier this week, too. What’s going on?Read more...
Tags: Money, Finance, Amc, Economy, Lifehacks, Stock Market, Short, Stock, Robinhood, Gamestop, Investors, Financial Markets, Short Selling, Financial Regulation, Penny Stock, Technology_internet

Reddit’s Anarchic Investors to Hedge Funds: ‘I Hope They Suffer’

We’re now three trading days into some frothy drama between Reddit and Wall Street over the rocketing price of GameStop stocks. Largely believed to be the result of the subreddit WallStreetBets, pseudonymous Redditors are claiming absolutely bonkers returns on their Robinhood accounts from a company that has been in…Read more...
Tags: Science, Money, Finance, Reddit, Short, Stock, Robinhood, Option, Gamestop, Financial Markets, Jim Cramer, Human Interest, Hedge, Rwallstreetbets, Futures Contract

"US stocks rose sharply Monday, and the Dow was closing in on 30,000, after Moderna said its experimental Covid-19 vaccine was 94.5% effective against the coronavirus."

"Last week, Pfizer (PFE) said that a vaccine it developed with German drugmaker BioNTech was more than 90% effective against Covid-19." CNN reports. [Author: [email protected] (Ann Althouse)]
Tags: Law, US, Cnn, Financial Markets, Ann Althouse, Pfizer PFE, Moderna, BioNtech, Coronavirus, COVID

How To Become An Affiliate In The Financial Markets

The affiliate marketing business model is a business practice that allows you to monetize internet traffic through your website or social media platform. This type of business model can be… Read more » The post How To Become An Affiliate In The Financial Markets appeared first on
Tags: Business, Finance, Marketing, Affiliate Marketing, Financial Markets

Turkey: The Regulation On The Manipulation And Misleading Transactions On Financial Markets Entered Into Force - Erdem & Erdem Law

The Regulation on the Manipulation and Misleading Transactions on Financial Markets entered into force through publication in the Official Gazette dated 07.05.2020 and numbered 31120
Tags: News, Turkey, Financial Markets, Erdem, Erdem Law

"Stocks climbed after encouraging data about the first coronavirus vaccine tested in people."

"The drug maker Moderna said Monday that the first coronavirus vaccine to be tested in people appears to be safe and able to stimulate an immune response against the virus," the NYT reports.So good to get good news!The Dow Jones is up 800+ points. [Author: [email protected] (Ann Althouse)]
Tags: Law, Dow Jones, Financial Markets, Ann Althouse, Moderna, Coronavirus

"Can The Dow Jones Today Nail Its Best Month In 45 Years?"

Asks Investor's Business Daily:Wednesday's gain left the Dow Jones today, on the last day of April, sitting on its best month of the century. Actually, it's the century's best month for the Dow, the Nasdaq and the S&P 500.In fact, the Dow's 12.4% advance so far in April puts it on track for its best month since a 14.2% surge in January 1975. That's a 45-year record. The Nasdaq is toiling away at its biggest monthly advance since February 2000. That was a 19.2% spike, preceded by a 22% Santa Clau...
Tags: Law, Santa Claus, Financial Markets, Ann Althouse

"Stocks surged after a report said a Gilead Sciences drug showed some effectiveness in treating the coronavirus..."

"... giving investors some hope there could be a treatment solution that helps the country reopen faster from the widespread shutdowns that have plunged the economy into a recession....  Gilead shares jumped more than 10% after STAT news reported that a Chicago hospital treating coronavirus patients with remdesivir in a trial were recovering rapidly from severe symptoms.... Gilead itself... cautioned that anecdotal reports are not enough to determine yet whether the drug will be an effective tre...
Tags: Law, Chicago, Commerce, Cnbc, Financial Markets, Task Force, Gilead Sciences, Gilead, Ann Althouse, Coronavirus

3 things that happen to the cryptocurrency markets during times of economic uncertainty

Born in the wake of the 2008 financial crisis, Bitcoin hasn't yet faced a downturn like we're starting to experience.Based on the developments of recent weeks, some crypto market trends are starting to emerge.Bitcoin's relationship to gold is strong, futures and options are losing their lure, and stablecoins are on the rise.Although nobody knows yet what the outcome of the global coronavirus crisis will look like, there is one conclusion on which everyone seems to agree: The economic fallout is ...
Tags: Asia, Finance, Recession, Markets, Economics, Bitcoin, Innovation, The Times, Cryptocurrency, Satoshi Nakamoto, Nyse, Financial Markets, USDT, Stablecoins, Coronavirus, Sam Bankman

"Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus epidemic."

"Senate records show that Burr and his wife sold between roughly $600,000 and $1.7 million in more than 30 separate transactions in late January and mid-February, just before the market began to fall and as government health officials began to issue stark warnings about the effects of the virus. Several of the stocks were in companies that own hotels.... Most of them came on Feb. 13, just before Burr made a speech in North Carolina in which he predicted severe consequences from the virus, includ...
Tags: Crime, Law, Senate, Wikipedia, Cars, Volkswagen, North Carolina, Donald Trump, Senate Intelligence Committee, Financial Markets, Tucker Carlson, Burr, Richard Burr, Ann Althouse, Mike Cernovich, Coronavirus

"It’s only when the tide goes out that you learn who’s been swimming naked."

Said Warren Buffet, quoted in "It’s a ‘Swimming Naked’ Moment: The Financial System Has a Real Test/The coronavirus spread and its economic effects are stressing the U.S. system for the first time since the 2008 financial crisis" by James B. Stewart (in the NYT). [Author: [email protected] (Ann Althouse)]
Tags: Law, Metaphor, Warren Buffett, Financial Markets, James B. Stewart, Ann Althouse, Said Warren Buffet