The recent furor regarding speculation in the stock of GameStop—which soared far beyond its fundamental value, due to a technique known as a short squeeze—has focused attention on the nature of the stock market and what it means both politically and economically. CNN’s Chris Cillizza sees the bipartisan hostility toward hedge funds—so far, the big…
Posts published in “Stocks”
Liberals, still flush from defeating Trump and taking control of both houses of Congress, are adjusting to the grim reality that the fate of their bold legislative agenda lies with one of Washington’s most conservative Democrats: a pro-coal, anti-choice, Trump-friendly fiscal hawk who voted to confirm Brett Kavanaugh to the Supreme Court. As soon as…
The first rule of r/WallStreetBets is YOLO. There is no second rule.This isn’t the land of enlightenment, it’s the borough slum of loss porn. I’m here for the goods: Show me the screenshot where your well-earned $30k investment in weekly Tesla puts bottomed out to a measly $30 because you didn’t trust Papa Musk to…
The GameStop stock surge has benefited small-scale investors, many of them surprised at their unlikely windfalls. Perhaps none so much as a 10-year-old boy from San Antonio, Texas. The fifth grader was gifted 10 GameStop shares, each at $6.19, as a Kwanzaa present from his mother in December 2019. She bought the stock simply because…
By 1961, Charles Koch had stacked up three engineering degrees and was back home in Wichita, Kansas, to join the family business of oil refining, pipelines, and manufacturing. His father, Fred, was at the time attempting to tackle a different sort of engineering challenge: how to get unions, Communists, and big government off his back.…
2021-01-22 11:30:00by Chris CarterOh you mean that's not standard?When Kingdoms of Amalur: Re-Reckoning comes to Switch, it'll be available fully on the cart in physical form. Imagine that! You buy a physical product, and you don't need to download 5-10 GB of additional data to get it to work properly. While the jury is out on…
Calvin Kattar recalls training visit with Diaz brothers that set the tone for the rest of his career
Calvin Kattar recalls training visit with Diaz brothers that set the tone for the rest of his career
Calvin Kattar has taken the long road to the top of his division and the trip included one significant detour early in his career. Ahead of his upcoming main event bout with former featherweight champion Max Holloway this Saturday at UFC Fight Island 7, Kattar recalled the time that he was a teenager visiting the…
Wall Street bullishness surged the most in two years last month as economic reopenings lifted investor optimism, Bank of America said Wednesday. The firm's Sell Side Indicator gained to 55.8% from 54.9% in June, a sizable increase but still "far from the euphoria one sees at the end of bull markets." The reading also implies…
"This was one of those nights where you stop everything you're doing... to do a video. About Cam Newton."Like many football fans, NBC Sports' Mike Florio was enjoying a relaxing summer weekend when news broke about one of the biggest bombshells of the 2020 offseason: The Patriots had signed Cam Newton.Download the MyTeams app for the…
* Graphic: World FX rates tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks tmsnrt.rs/3f2vwbA * Taiwan dollar set for best day since April 30 * Singapore stocks hit by dividend worries By Shashwat Awasthi and Pranav A K July 22 (Reuters) - Emerging Asian currencies advanced on Wednesday as unease around the next round of…