GameStop was mentioned in posts on the WallStreetBets Reddit forum more than 1,200 times over the last seven days, with more than 1,000 coming on Monday alone.
Schlagwort-Archiv: Markets
AMC completes $250 million stock sale during meme rally, shares jump 90%
On Monday, movie theater operator AMC sold 72.5 million shares in an at-the-market equity offering.
Fintech firm Klarna says 90% of its employees are using generative AI daily
„Buy now, pay later“ firm Klarna says generative AI has seen substantially high adoption among its 5,000-strong workforce.
Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down
British stockbrokerage platform Freetrade told CNBC exclusively Monday that its long-time CEO Adam Dodds has stepped down.
Alibaba shares fall 5% in premarket trading after posting 86% profit drop
Alibaba posted a beat on revenue in its fiscal fourth quater ended March, but the Chinese e-commerce giant’s net profit plunged.
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
Tencent saw slightly better performance in its core gaming business as well as improved profitability in its advertising and business services division.
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.
Emirates airline chalks record annual profit as travel demand booms
The airline’s best-ever financial performance figures were „driven by the voracious appetite for travel across customer segments,“ the Emirates Group said.
GameStop shares soar 80% and are halted as trader ‚Roaring Kitty‘ who drove meme craze resurfaces
GameStop shares soared Monday after „Roaring Kitty“ posted online for the first time in roughly three years.