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“#Google parent’s stock spikes thanks to record ad revenue” Alphabet’s stock price surged Wednesday after the Google parent said it ended 2020 with a bang. Shares in the Silicon Valley titan rose as much as 8.7 percent to $2,086.99 in early trading following a fourth-quarter earnings report that showed a strong comeback in Alphabet’s advertising…
“#Redditor behind GameStop rally says he lost $13M in one day” “DeepF—ingValue” went deep in the red. The Reddit user who helped spark the explosive rally in GameStop’s stock price said he lost more than $13 million in a single day as the shares crashed. Keith Gill — the Massachusetts man better known as DeepF—ing…
“# Band, Loopring (LRC) and Cream secure a slice of DeFi with new partnerships ” The U.S. dollar lost about 7% of its value in 2020, while Bitcoin rallied about 300% during the same period. As Bitcoin’s institutional adoption increases, United States companies may start to diversify their treasury with other stores of value, and Bitcoin…
“# Square’s Cash App briefly halts buying AMC and Nokia stock ” Cash App, the Bitcoin-friendly mobile payments app from U.S. financial services firm Square, restricted buys of some of the stocks connected to the Wall Street shorts for more than four hours today. According to an announcement from Cash App, its clearing broker, Axos,…
“#’Wolf of Wall Street’ Jordan Belfort rallies behind Reddit uprising” He’s the Wolf of WallStreetBets. Infamous stock broker Jordan Belfort threw his support behind the Reddit-fueled revolution in America’s financial markets, saying it would bring about “radical change.” “I believe this is a paradigm shift right now,” Belfort — the inspiration for the hit film…
“#Elon Musk takes break from Twitter after market-moving posts” Investors who take their cues from Elon Musk may have to go without his occasionally bizarre musings for a spell. The billionaire Tesla boss went on a Twitter hiatus after making several posts that moved markets in recent weeks. “Off Twitter for a while,” Musk wrote…
“# Mark Cuban talks Bitcoin HODLers and blockchain stocks in recent AMA ” Jumping on the r/Wallstreetbets subreddit for an Ask Me Anything session recently, Dallas Mavericks owner Mark Cuban shared his thoughts on GameStop shorts, general investing, and various crypto-related topics. The billionaire said “the game is changing” when it comes to stocks, but…
“#GameStop stock plunges for second straight day” GameStop’s stock price dropped sharply for a second straight day on Tuesday in a sign that the retailer’s Reddit-fueled rally is losing steam. The Texas-based video-game chain’s shares plunged more than 32 percent to $152.40 in premarket trading as of 7:20 a.m. on the heels of a nearly…
“# Robinhood CEO to reportedly testify before US House committee over GameStop ” Robinhood CEO Vlad Tenev will reportedly testify before the United States House Financial Services Committee over the firm’s role in the volatile trading of GameStop and other volatile stocks. According to a report by the American political publication Politico, Tenev is expected…
“# Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops ” Bitcoin (BTC) price spent the day trading in a tight range between $32,000 and $34,000. At the time of writing, the digital asset is pinned below the descending trendline resistance and each attempt to cross above it is met by…