Category: Business
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Buy GameStop! New research indicates that bots are pumping GameStop shares on Twitter, Facebook, and Instagram: PiiQ said it identified very similar daily “start and stop patterns” in the GameStop-related posts, with activity starting at the beginning of the trading day, followed by a large spike at the end of…
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+ Business+ Blockchain, Cryptocurrency, Dogecoin, Gamestop, Investing, Markets, Reddit, Stock Market, Stocks, Wallstreetbets+
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As COVID forced AMC to close all its movie theaters in the spring of 2020, it played hardball with its landlords in order to survive. From a letter to landlords: “Without revenue from its theatres,” the letter continues, “AMC will cease paying rent and charges under the lease effective as…
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Treasury bonds have been falling hard lately. Their interest rates are up significantly as a result: The yield on the 10-year note, a bellwether for borrowing costs on everything from mortgages to corporate loans, has jumped to near 1.5% from around 1% in a matter of weeks, lifted by increased…
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+ Business+ Bonds, Economics, Economy, Federal Reserve, Finance, Inflation, Interest rates, Markets, News, Treasuries+
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GameStop shares have tripled in under 24 hours. Naturally, the blue chip investors behind the rise had a solid case for their optimism. After all, what about the ice cream cone? Believe it or not, a GameStop board member posting a picture of a McDonald’s ice cream cone is one…
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AMC burnt over $900 million in the first 9 months of last year*. That presented a bit of a problem. They had just $429 million in cash left going in the fall of 2020, and that would be gone in a matter of months. So, to stave off bankruptcy, AMC…
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Reading about the enormous run-up in shares of Tesla, Inc., I wondered something…is Tesla bigger than the entire rest of the auto industry? The answer is: almost. Tesla’s market cap ($655 billion), is nearly equal to the combined market caps of Toyota, GM, Ford, VW, Daimler, Fiat, BMW, Honda, Hyundai,…
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The lock-up that stopped insiders at Palantir Technologies from selling their shares recently expired. And boy, are they excited! Palantir stock sank as much as 13% on Tuesday after regulatory filings showed the company’s co-founder Stephen Cohen and two other top executives offloaded 2.7 million shares. And they’re not the…
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So Tesla is doing great, right? And I sure would love to make as much money as Elon Musk! So let’s make our own vehicle startup. What should we call it? Hmm, picking a name is hard. Let’s just go with Tesla’s first name, Nikola! Now we have to make…
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The dating app Bumble recently went public, making founder and CEO Whitney Wolfe Herd a billionaire at the ripe old age of 31. I heard an interview with Herd a while back, and her genius at marketing really struck me. She had just created Bumble…now, how can she get anyone…
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Citadel CEO Ken Griffin claims that even though they pay Robinhood to execute their trades, investors are getting a better deal than they would in public stock markets: Citadel CEO Ken Griffin said Thursday that the system has been “very important to the democratization of finance. It has allowed the…
Tremendous 