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Market News

Location American Market News for 30 January 2021

Some GameStop Investors Got In With One Goal---to Pay Off Debt

Wall Street Journal - 30 Jan 2021 14:00
Now, after a wild January featuring a 1,625% rise, comes the hard part, deciding when to sell.
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Before he became the Reddit user behind the GameStop surge, Keith Gill was a college track star. Injuries ended his dreams--and he traded running for investing.
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Frenzied trading in GameStop and other stocks highlighted the crucial role clearinghouses play in the functioning of markets.
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What Do We What we "Know" is the politicians and regulators are getting involved, technicals are driving markets more than fundamentals, and wallstreetbets was moving stocks long before the recent group attracted attention - none o...
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Two Major Surprises From The GameStop Short Squeeze Researchers have examined short squeezes over recent years. This shows how GameStop's squeeze is increasingly different.
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Banks Brace for Tougher Rules Under Biden

Wall Street Journal - 30 Jan 2021 18:00
The Obama-era focus on financial stability is giving way to concerns about racial equity and climate change in regulatory efforts.
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As Federal Aid Stalled, State And Local Governments Issued Bonds To Pay Current Bills State and local governments are turning to a financially dicey borrowing tactic to support their budgets as the coronavirus recession wears on with no direct aid from Congress.
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Demand Dips For Bitcoin Are Temporary; But Lack Of Supply Is Permanent From the "Double Spend" scare of January 20, 2021 to the flight to the safety of cryptocurrency's decentralized trading platform on January 30, 2021, a ten day window in the life of Bitcoin illustrates the power of fixed...
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This Simple Strategy Could Pay You $50,000 In Yearly Dividends One of the biggest risks you'll face as an investor is the temptation to listen to people at the extremes.
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Companies Defy Pandemic To Sign Up For Most Ever Clean Energy Deals Businesses bought a record amount of clean energy in 2020, despite the massive disruption caused by the COVID-19 pandemic, global recession and political upheavals that created uncertainty about energy policies, includin...
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TikTok Rival's $5.4 Billion IPO Draws Big Following

Wall Street Journal - 30 Jan 2021 07:56
Kuaishou Technology, which operates one of China's most popular short-video apps, met with strong investor demand as the company targets the world's largest float since late 2019, set to value it around $60 billion.
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The Real Force Driving the GameStop Revolution

Wall Street Journal - 30 Jan 2021 07:01
Individual traders banded together this past week to move markets like never before. But the build-up to this remarkable moment has been happening for decades.
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Schumer Tweets Biden Should Cancel Student Loans Today Will your student loans get cancelled today?
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Day-Trader Mania Will Challenge SEC Under Gensler

Wall Street Journal - 30 Jan 2021 01:00
The SEC generally encourages greater involvement of retail investors. But as more individuals become short-term speculators, the agency could come in for blame when bubbles burst and investors are saddled with losses.
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GameStop Stock, Reddit and Robinhood: What You Need to Know

Wall Street Journal - 30 Jan 2021 00:44
How traders online drove the videogame retailer's stock to new highs and caused a crazy week in markets.
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Dow Plunged 1,000 Points This Week After Reddit Traders Stormed The Stock Market-What Happens Next? "The market is not broken, but recent events have revealed some cracks," one expert says.
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