Tag: Investing
-
+
+
+
+
+
+
Shares of Wendy’s exploded today as Reddit’s merry band of traders piled in: Beloved burger and Frosty chain Wendy’s (WEN) has won the honor of being the first fast-food stock to get roped into the red-hot meme stock trade. Shares of Wendy’s spiked 16% in early afternoon trading on Tuesday…
-
It’s not just about the Bay Area anymore. Indian startups have raised venture funding at a record pace this year, on track to double from 2020: Startups raised total investments of $7.8 billion in the first four months of this calendar year, which is almost 70% of the overall corpus…
+
+
+
+
+
+
+ Angel, Angel Investing, Angel Investor, Asia, India, Investing, Software, Startup, Startups, Technology, VC, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
There have been a lot of winners in GameStop’s dizzying, over tenfold rise in the last year. An unlikely one is the Mormon Church, which made over $8 million on GameStop shares through its investment arm: The Church of Jesus Christ of Latter-day Saints’ play for stock in GameStop paid…
+
+
+
+
+
+
+ Business+ Gamestop, GME, Invest, Investing, LDS, Meme stocks, Money, Mormon, Personal finance, Stock Market, Stocks, Utah+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
It’s no secret that GameStop shares have gone vertical, up more than ten fold this year. Besides making millionaires of a lot of Redditors, this also lets GameStop sell more shares at high prices, enabling them to raise capital with ease. And raise they did, to the tune of $550…
+
+
+
+
+
+
+ Business+ Finance, Gamestop, GME, Investing, Meme stocks, Money, Personal finance, Reddit, Stock Market, Stocks, Wallstreetbets+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Palantir released its earnings for the first quarter of 2021 today, and it’s not looking good. This 18 year old company that has never made a profit turned in a net loss of $123 million, versus $54 million in the first quarter of 2020. This is actually a little better…
+
+
+
+
+
+
+ Finance, Investing, Meme stocks, Money, Palantir, Palantir Technologies, PLTR, Reddit, SaaS, Software, Stock Market, Stocks, Tech, Wallstreetbets+
+
+
+
+
+
+
+
+
+
+
+
-
A new survey finds that young black Americans now invest in stocks at the same rate as whites: In a year like no other, however, there is also evidence of growing engagement in the stock market by younger Black Americans, with 63 percent under the age of 40 now participating…
+
+
+
+
+
+
+ Business+ African Americans, Day trading, Finance, Invest, Investing, Money, Personal finance, Robinhood, Stock Market, Stocks, Webull+
+
+
+
+
+
+
+
+
+
+
+
-
Bitcoin is often referred to as “digital gold.” A major attraction of the cryptocurrency is its fixed supply and lack of connection to fiat money like the US dollar. But unlike gold, bitcoin has no storage costs and is hard to steal. Given these facts, bitcoin could be poised to…
+
+
+
+
+
+
+ Bitcoin, Blockchain, BTC, Crypto, Cryptocurrencies, Cryptocurrency, Finance, Invest, Investing, Tech+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Yesterday, I attended the Remote Demo Day for the latest class from the Launch Accelerator, a startup accelerator run by noted investor Jason Calacanis. We hear a lot about accelerators (also known as incubators), from famous programs like Y Combinator or Techstars to small, local outfits. One thing most of…
+
+
+
+
+
+
+ Accelerator, Angel Investing, Bay Area, Incubator, Investing, Silicon Valley, Software, Startup, Tech, Venture, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
GameStop CEO George Sherman will be leaving the company soon, but not empty handed: As a condition of his exit, GameStop is speeding up the time frame for Sherman to receive the shares, generating the award. Sherman, who has been CEO since April 2019, forfeited $98 million worth of stock…
+
+
+
+
+
+
+ Business+ Finance, Gamestop, GME, Investing, Meme stocks, Money, Personal finance, Reddit, Stock Market, Trading, Wallstreetbets+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
In the last year, a torrent of money has flooded into Exchange Traded Funds (ETF’s) that track the stock market: Over the last 12 months, about $650 billion has flowed into stock and bond ETF’s, a flow that’s unusually large versus history and may help explain why markets have been…
+
+
+
+
+
+
+ ETF, Index Funds, Investing, Money, Morgan Stanley, Personal finance, Stock Market, Stocks, Trading, Vanguard+
+
+
+
+
+
+
+
+
+
+
+
Tremendous 