Tag: Stock Market
-
For fourteen years, four months and eleven days, I worked in software. My job was like a lot of jobs: conducted in a cubicle or sometimes remotely, during regular business hours, and almost every week of the year. In July of 2019, I left that job to make my investment…
+
+
+
+
+
+
+ Cubicle life, Entrepreneur, Entrepreneurship, Financial freedom, FIRE, Investing, Small Business, Stock Market+
+
+
+
+
+
+
+
+
+
+
+
-
Traders on Reddit’s Wallstreetbets who are pumping GameStop stock could get in trouble with the law. From Lawyer Monthly: There’s no clear indicator that what occurred is illegal, but it certainly falls within a shady area. A large number of the investors who joined in, certainly in the later stages,…
-
Credit Suisse and Nomura just did the first stock trades settled via blockchain technology: This week Credit Suisse cut some US equities trades with the Nomura-owned broker Instinet, using blockchain. This technology has been used before to verify other kinds of transactions. But these trades were a “first” because settlement…
+
+
+
+
+
+
+ Bitcoin, Blockchain, Crypto, Day trading, Ethereum, Finance, Financial markets, Investing, Software, Stock Market, Stocks, Tech, Trading+
+
+
+
+
+
+
+
+
+
+
+
-
Palantir Technologies’ business is largely driven by government contracts. So far in 2021, despite a new Department of Energy contract, the overall picture is not looking good: The Department of Energy win could potentially add $18 million in incremental revenue per year, but Mielczarek says that, otherwise, the investment firm’s…
-
Credit Suisse keeps getting smacked. Let’s review a few of their recent scandals: $4.7 billion charge for losses in trades with Archegos Capital Management, the imploding hedge fund $1.5 billion loss likely in dealings with collapsed supply chain finance company Greensill Capital, just three weeks prior Bonus scandal: Former CEO…
+
+
+
+
+
+
+ Business+ Archegos, Bankruptcy, Banks, Credit Suisse, Finance, Financial markets, Greensill, Investing, Stock Market, Stocks, Wall street+
+
+
+
+
+
+
+
+
+
+
+
-
CEO Adam Aron told FOX Business Network’s “The Claman Countdown” Monday that the company has asked its shareholders to approve up to 500 million shares, even though there is no intention of using them all at this time. Aron insists he doesn’t plan to issue them all at once: And…
-
A Palantir Technologies Inc. shareholder sued Peter Thiel and its other two founders in Delaware Chancery Court on Thursday, claiming they made themselves “corporate emperor for life” through charter provisions that make investor votes “magically appear and disappear” on demand. “The founders decided to completely untether voting power from equity…
+
+
+
+
+
+
+ Business+ Investing, Meme stocks, Palantir, PLTR, Reddit, Software, Stock Market, Stocks, Tech, Wallstreetbets+
+
+
+
+
+
+
+
+
+
+
+
-
Well, it’s here: GameStop Corp. GME -3.90% said it could raise hundreds of millions of dollars from stock sales in the coming months, as the videogame retailer turns to public markets to help support its turnaround plan. The company said Monday that it would sell up to 3.5 million shares,…
-
Brokers are selling over $30 billion worth of positions in imploding hedge fund Archegos Capital Management, shaking markets. Wall Street does not know exactly how many positions the fund holds for two reasons: It is very lightly regulated because it’s organized as a “family office,” rather than a typical hedge…
-
Ten billion dollar hedge fund Archegos Capital Management is imploding, causing banks to frantically sell its portfolio to stem further losses: One mystery in a dramatic year on Wall Street has been the identity of a trader whose persistent purchases have sent shares in ViacomCBS Inc., Discovery Inc. and a…
Tremendous 