Tag: Finance
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Fascinating news from AMC: AMC Entertainment Holdings Inc., already bolstered in the past year by technology, may go even further by issuing its own cryptocurrency. The Leawood-based company’s CEO, Adam Aron, said on CNBC that the company is getting “hyperactive” when it comes to cryptocurrency, though he added that the idea is one…
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+ AMC, Blockchain, Crypto, Cryptocurrency, Finance, Investing, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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I recently sent a wire transfer. The money was destined for a promising tech startup. I was so excited! Then I logged into my account a few days later and noticed a mysterious $20 charge. Next to it, the dreaded words “Wire Transfer Fee.” Eww. Why should sending what amounts…
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+ Blockchain, Crypto, Cryptocurrencies, Cryptocurrency, EGLD, Elrond, Finance, Investing, Stock Market, Stocks, Tech+
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Almost every dating app out there today is fundamentally the same. You swipe, you match, you text. They have different names but offer the same one-dimensional experience. Bored yet? Enter Kippo, a new app that specializes in helping video game fans find dates and new friends. Your profile is a…
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After nearly 9 months, the Securities and Exchange Commission released its report on January’s meme stock mania yesterday. Their dramatic conclusion: There are many different types of investors, and they buy and sell stocks for many different reasons. Good thing we’re paying these guys, huh? The report is mostly a…
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A new lawsuit in federal court in Florida alleges that a top Robinhood executive sold his stock shortly before he limited buying in shares of some meme stocks: Robinhood Securities President and COO, James (Jim) Swartwout, who Tenev points to as making the ultimate call to PCO, says in an…
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On January 28, 2021, Robinhood cut off buying in shares of AMC Entertainment Holdings, Inc., GameStop Corp. and other popular stocks. This caused the shares to fall, infuriating investors. Just 3 days before, Robinhood CEO Vlad Tenev and top engineers knew the platform was under incredible stress. From an internal…
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Some unusual online behavior from major broker Citadel Securities recently: “Refuse to believe an American landed on the moon.” Does this sound like a normal PR department of a major company? Not remotely. With the hyperbole and mudslinging, Citadel Securities sounds like an online troll. The Financial Times notes that…
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+ Business+ AMC, Citadel, Finance, Gamestop, Hedge funds, Investing, Reddit, Stock Market, Stocks, Stonks, Tech, Wallstreetbets+
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One of my oldest friends just got his dream job! He’s found fulfillment, accomplishment, and a lot more money. But what should he do with it? Matt* wanted to know how he could set himself up for a strong financial future, now that he’s finally making good money. I find…
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+ Credit Card Debt, Debt, Finance, Investing, IRA, Money, Mutual funds, Personal finance, Stock Market, Stocks+
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Markets are hot. The S&P 500 sits near record highs. Venture capital funding is higher than ever before. As hot stocks rocket upward and the best venture deals move fast, a specter is haunting investors — the specter of FOMO. Fear of missing out has investors piling into the stocks…
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Throughout the year, shares in AMC Entertainment Holdings, Inc. have had huge fails to deliver. The most recent SEC data, just released today, is no exception. AMC fails to deliver were 39,976 times those of Amazon.com, Inc. Amazon, with a market cap of $1.7 trillion, is more than 85 times…
Tremendous 