Category: Business
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The Indian tech industry is growing at an incredible pace: Indian startups have raised a record $10.46 billion in the first half of 2021, up from $4 billion during the same period last year Salaries are also increasing rapidly, from an average of $40,000 to $70,000, and even $150,000 for…
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AMC Entertainment Holdings, Inc. just made a bold move to capture a huge new audience: The value proposition here is obvious: why pay $70 when you can pay $25? But the implications for AMC are even bigger than they may appear. UFC is growing at an incredible rate, dwarfing growth…
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+ Business+ AMC, Combat sports, Finance, Investing, Martial arts, Money, Movies, Reddit, Sports, Stock Market, Stocks, UFC, Wallstreetbets+
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I’m super excited about today’s company! Of all the startups I’ve looked at recently, Crafter might have the most compelling product. This San Diego-based company makes arts and crafts kits of the very highest quality and provides great instructional videos that will have you making beautiful crafts in no time.…
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+ Arts & Crafts, Crafting, Crafts, Hobbies, Investing, relaxation, Startup, Startups, Tech, VC, Venture Capital+
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Major news over the holiday weekend as the Chinese government required all app stores in China to remove the Didi Chuxing app. Didi is the Chinese equivalent to Uber, and dominates shared rides in the country, along with a major presence abroad: China has ordered app-store operators to remove the…
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There is a lot of talk lately on Twitter and Reddit about AMC’s withdrawal Tuesday of an obscure SEC form called an S-3. Form S-3 is a filing that registers securities. In this case, the securities were convertible bonds, or bonds that can convert into stock when the holder chooses.…
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For months, investors in AMC have suspected a conspiracy by hedge funds to drive down the share price via an illegal practice called naked short selling. Strong evidence of this emerged Friday with the listing of AMC on the NYSE’s Threshold Securities list. Let’s back up: what is naked short…
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On a side street at the southern tip of Manhattan, behind a long line of metal vehicle barriers, stands a tall glass building. Seventy-six stories up, a team of PhD’s tune computers to trade shares just a fraction of a second faster. This small, secretive firm accounts for at least…
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Hedge funds’ losses on meme stocks have reached staggering levels: Hedge fund losses since the start of the year from betting against just GameStop, AMC and Bed Bath & Beyond total more than $12bn, according to data group S3, while bets against a number of others have each run up…
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Hedge funds have been perfectly capable of blowing themselves up with common trades like shorting and selling call options. But with the epic rise of AMC Entertainment Holdings, Inc. stock, there lurks another potential danger for hedge funds. And this one could be worse than anything else we’ve seen. Aside…
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+ Business+ AMC, Finance, Gamestop, Investing, Money, Personal finance, Reddit, Stock Market, Stocks, Wallstreetbets+
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Yesterday, high profile hedge fund White Square Capital announced plans to close down after big losses in GameStop. New York-based Mudrick Capital just took a massive loss on AMC. Melvin Capital is down by nearly half as AMC, GameStop and others continue to move against them. These are not isolated…
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Tremendous 