The meme stock frenzy is what happens when „ubiquitous social media“ intersects with momentum investing, Reddit co-founder Alexis Ohanian told CNBC.
Schlagwort-Archiv: Markets
Stocks making the biggest moves in the premarket: Snowflake, Vertex Pharmaceuticals, Chewy & more
The stocks making the biggest moves in premarket trading include Snowflake, Vertex Pharmaceuticals, Chewy, and more.
Ride-hailing giant Didi wants to be more than just the Uber of China
Didi filed Thursday to list in New York in what many expect could be the largest initial public offering in the world this year.
Dow rises slightly, S&P 500 adds to a record as tech shares gain
The market built on its Thursday’s gain as investors shrugged off a report showing inflation rising at its fastest pace since 2008.
Stocks making the biggest moves after hours: Chewy, Dave & Busters, Vertex Pharmaceuticals and more
See which stocks are posting big moves after the bell.
Meme stocks hit a wall on Thursday with GameStop, AMC and Clover down big
Many speculative names favored by retail investors suffered double-digit losses on Thursday, pulling back from their recent explosive rallies.
Goldman Sachs is making US employees report their vaccination status ahead of return to offices
Until now, disclosing vaccination status had been voluntary at the investment bank, which has about 40,000 employees globally.
Virtu Financial CEO says meme stock frenzy not solely driven by ‚a band of retail traders‘
„There’s a lot of institutions, professional traders, speculators, whatever you want to call them, engaged in this,“ Virtu Financial CEO Doug Cifu told CNBC.
Cramer says meme stocks ’should be offered at the casino,‘ not on Wall Street
CNBC’s Jim Cramer said he wants young investors to make money in the stock market, but they must know „it’s not a game.“
SoftBank leads $640 million investment in Klarna, valuing buy-now-pay-later firm at $46 billion
Swedish fintech firm Klarna said Thursday that it raised $639 million in a new funding round led by SoftBank, valuing the company at $45.6 billion.