Retail Investors Pile Into Meme Stocks Despite Violent Selloff The meme stock euphoria that characterized the past week of trading and which sent names like BBBY, GME and AMC...
Read in the Digest: U.S. Treasury Sanctions Tornado Cash, Circle Freezes Addresses Linked Tornado Cash, the popular decentralized application used to mix crypto to cover a trail of blockchain...
Hedge Funds "Confused, Baffled" And Steamrolled By Squeezes As Meme Stock Frenzy Returns For those who made a killing last week after buying and then (hopefully) selling such names as...
FTX CEO Sam Bankman-Fried says the end of crypto winter is just around the corner. The multi-billionaire crypto CEO said he believes the current downturn has been a “healthy weeding out.” Sign up...
Insiders Are Dumping The Most Stocks Since January As Retail Buying-Panic Re-Emerges From the mid-June lows, stocks have soared on the back of various narratives from 'peak inflation'...
Warren Buffett's conviction bet on Occidental Petroleum has inspired a legion of retail investors to follow suit. The stock has witnessed a massive 16.5-time increase in average daily net flows...
By Bansari Mayur Kamdar and Medha Singh - Shares of AMTD Digital on Wednesday extended an eye-popping rally fueled by retail investors this week that briefly took the Hong Kong-based fintech's...
AMTD Digital is a Chinese tech firm with a market valuation of more than $385 billion. Its parent company, AMTD Idea Group, soared more than 500% in Tuesday trades. The Hong Kong tech firm trades...
Hong Kong Tech Firm 'Thanks' Investors After Shares Soar Over 6000% From IPO AMTD Digital Inc. - a comprehensive one-stop digital solutions platform headquartered in Asia - is making...
Crypto derivatives exchange dYdX said on Monday it is offering free trading to small retail traders across markets. The free-trading offer comes with a caveat: users who trade more than $100,000...
Crypto markets stabilized in July with no final capitulation event as many had predicted. There is now a large sum sitting in stablecoins waiting to re-enter markets when the time is right. Three...
Shares of vaccine producers, antiviral drug makers and protective equipment manufacturers are in demand. Biotechnological company Bavarian Nordic A/S and pharmaceutical firm Siga Technologies Inc....
Wall Street Wins Again – SPAC Edition Authored by Lance Roberts via RealInvestmen tAdvice.com, As expected, Wall Street wins again. In 2020 and 2021, retail investors were chasing...
Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to demystify crypto stories to the bare basics so that anyone anywhere can understand without too much background...
Here are three of the week's top pieces of financial insight, gathered from around the web: A good time to look for dividends "Dividends can bolster your investing strategy in a down market,"...
Crypto Stocks Get Boost From Retail Traders Who Drove Meme Craze Bloomberg
Google parent's shares sank 2.5% on Monday, the first day of trading after a 20-for-1 split. It's lagging behind the Nasdaq 100 Stock Index this week and has fallen nearly 20% since the split....
-- Retail traders, responsible for the wild price swings in everything from GameStop Corp (NYSE:GME). to Revlon Inc., have returned to another old favorite: beaten-down cryptocurrency stocks. Over...
By Gopal Sharma KATHMANDU -Nepal's central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to tame inflation which is...
The House Financial Services Committee issued a long-awaited report on the “meme’ stock phenomena. Almost 18 months have passed since a coalition of retail traders banded together on Reddit to...
U.S. stocks haven’t yet seen the extreme investor capitulation that’s typical of market bottoms. You’ll know the bear market is nearing an end when anxious investors push the ‘panic’ button. 12...
AQR Capital Management's Cliff Asness says he has a small short position in AMC. "I dare all the meme stock maniacs to try to hurt us," he says. He says it's such a small position that it won't...
Apple, Inc AAPL was trading down about 1.5% in the premarket session Wednesday, but within the first 30 minutes of trading the stock erased its losses. The S&P 500, which holds a 6.2% weighting of...
On June 13, Bitcoin briefly touched $22,600, its lowest level since December 2020. According to BTC historical data, the market has now reached valuation metrics that show the price is severely...
Tesla is asking its shareholders to approve a three-way stock split. The request is included in a list of provisions Tesla is planning to bring up at its August 4, 2022 shareholder meeting. Tesla...
Amazon shares were up 3.1% to $126.17 in afternoon trading after the 20-for-1 split. The split was announced earlier this year but which took effect Monday. Amazon shares have been battered this...
GameStop Corp. gained sharply on Wednesday as the meme stock darling drove social media interest. Despite light trading volume, shares of the Texas-based video game retailer shot over 16% upward...