Robinhood Under Assault From All Sides Over GameStop Actions
Republicans and Democrats both hit out at the brokerage for restricting retail investor trades.
Rep. Maxine Waters to Hold GameStop Hearing to Stop 'Abusive Practices'
Two of Waters' Democratic colleagues have said that the stock market rules only seem to be a concern when smaller investors harm larger investment firms.
Sequoia Capitol Denies Pressuring Robinhood to Stop GameStop Trading
Sequoia Capital said Thursday that internet rumors alleging pressure against Robinhood to suspend the purchase of some stocks were "completely false."
Individual Investors Using GameStop to Game the System Risk Losing It All
For many retail investors, Fear of Missing Out will mean lights out for their portfolio if they bought GameStop at an inflated price and hold the shares long-term.
Robinhood Is Having Its 'DeleteUber' Moment and Public Is Profiting
The popular investment application faced widespread backlash on Thursday, after imposing stock trade restrictions on GameStop, AMC Entertainment Holdings and a handful of other companies.
Robinhood Founder Says App Blocked GameStop Buys to 'Protect Investors'
"As a brokerage firm, Robinhood has many financial requirements, including SEC net capital obligations and clearinghouse deposits," Robinhood co-founder Vladimir Tenev said.
GameStop Shows Biden Must Fix Capitalism Before It's Too Late
Let's stop delegating America's future to Wall Street and let's once again bet on Main Street.
AOC Says Robinhood's Block on Trading GameStop, Other Stocks 'Unacceptable'
The New York congresswoman, joined by other House Democrats, called for a congressional investigation into the trading app's ability to block retail investors from trading freely.
Robinhood App Blocks GME Stock Trading, Is Flooded With 1-Star Reviews
On Google Play, the Android investment and trading app has been left with a rating of one out of five after being bombed with a barrage of critical user reviews.
How To Open an Account With Cash App, E-Trade
GameStop has seen a recent surge in stock value driven by investments from users on the subreddit r/WallStreetBets.
Webull Follows Robinhood in Blocking GameStop, AMC Trades
Webull users who already own shares in the affected companies can still sell their shares, though.
WallStreetBets Subreddit Gains 2M Members in a Day Amid Wall Street Siege
Members of the thriving subreddit have been the driving force behind investments into the retailer GameStop this week, using the page to mobilize, plan and communicate.
Robinhood's 'Let the People Trade' Tweet Resurfaces
On Thursday, Robinhood, announced that it was halting trades for stocks such as GameStop, AMC, BlackBerry, Nokia, Bed Bath & Beyond, Express Inc., Koss Corporation, and Naked Brand Group.
American Airlines Stock Surges Following Reddit Investor Frenzy
Share prices in American Airlines jumped 13 percent, with a number of Reddit users calling for it to receive the same attention that pushed GameStop's share price to an all-time high.
Donald Trump Jr. Says GameStop Stock Mania 'Amazing To Watch'
Former President Donald Trump's eldest son said retail investors were moving markets "like the big guys."
E-Trade, Cashapp and Other Popular Investing Services Experience Outages
Down detector showed on Thursday morning that many users have been having issues while trying to use various investment services.
This Analogy Perfectly Explains What Short Selling Is
Using emojis of apes, snakes and bananas, one Twitter user manages to explain the short-selling phenomenon that underpins the GameStop saga.
Stock Market Opening and Closing Times, Wall Street Trading Hours Explained
Trades can also take place outside regular trading hours and are made over electronic communications networks (ECNs).
Dogecoin Cryptocurrency Spikes As WallStreetBets Reddit Trolls Hedge Funds
Members of both r/SatoshiStreetBets and r/dogecoin have said they are hoping to pour funds into the cryptocurrency and force its value up to at least $1 per coin.
GameStop Stock Update as Reddit Investors Continue War With Wall Street
The White House and U.S. Securities and Exchange Commission are "monitoring" the latest developments around GameStop's stock surge.
WallStreetBets Founder Says Investors Are 'Outplaying' Hedge Funds
The man behind the Reddit community of small investors said he found an "element of satisfaction" in the saga, which pits the group against big-money hedge funds in a battle over GameStop shares.
Video of 'Normal Person' Explaining the Stock Market Goes Viral
"There are these people who ... have lots of money, and they have hedges around their house," says comedian Avalon Penrose in her jokey take on the 8,000 percent rise in the retailer's share price.
Small Investors Vow To 'Hold the Line' Against Wall Street
"To the moon" has become a popular rallying cry among small investors holding out against Wall Street.
WallStreetBets Discord Server Back Online After Ban Over 'Hate Speech'
The Discord server for the stock trading Reddit community went dark this week, with the company citing "hate speech, glorifying violence, and spreading misinformation."
A Look Inside the 'WallStreetBets' Subreddit Behind the GameStop Stock Boom
Positing themselves as virtual "Wolves of Wall Street," the users on r/WallStreetBets are celebrating their success in driving up the value of GameStop's stock.
CEO Makes $500k Off GameStop Stock Run, Donates It to Barstool Fund
Chamath Palihapitiya, the CEO for Social Capital, announced the donation during a Wednesday appearance on CNBC's "Halftime Report."
Big Buyers Hit Pause Button as Bitcoin Surges
Institutional interest in Bitcoin is flagging. "At the moment, the institutional flow impulse behind the Grayscale Bitcoin Trust is not strong enough for Bitcoin to break out above $40,000," London-based JP Morgan analyst Nikolaos Panigirtzoglou said.
Biden's Opportunity to Flip the Script on U.S. Decline
To win the presidency in 2016, Donald Trump exploited a growing gap between the subjective and objective views of America.
Stock Market on Best Election Day to Inauguration Run Since WWII
Following a year of records the U.S. would rather forget, the stock market is about to set one that bodes well for the economic future—the best election-to inauguration day return for a first-term president since World War II.
Trump Sent Record 12,200 Tweets in 2020, Ends Year With Stock Market Boast
The U.S. president capped off a busy year on social media with a message about the stock markets which got a boost after he signed the stimulus package.