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September 17, 2021

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Many teens are reluctant to invest in the stock market after the GameStop frenzy, survey finds

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CNBC – For more and to sign up click here Teenagers have mixed feelings about the stock market after GameStop‘s trading frenzy, according to a survey from nonprofit youth organization Junior Achievement USA and tax, accounting and consulting firm RSM examining their beliefs about investing.  Following GameStop’s rises and falls,......

Froth in the stock market makes impending correction look almost ‘obvious,’ Miller Tabak strategist says

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CNBC – For more and to sign up click here The S&P 500 and Nasdaq held near records to end the week despite a disappointing jobs report. Both those indices reached all-time highs on Thursday and hovered near those on Friday. Markets have extended a relentless rally that has stretched......

Support.com shares soar another 50% as meme traders pile into the heavily shorted software company

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CNBC – For more and to sign up click here The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters Shares of Support.com extended their massive GameStop-style rally as Reddit-obsessed retail investors zoned......

SEC steps up research into brokers’ ‘gamification’ of trades, Chair Gary Gensler says

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CNBC – For more and to sign up click here Former Commodity Futures Trading Commission Chairman Gary Gensler testifies at a U.S. Senate Banking Committee hearing on systemic risk and market oversight on Capitol Hill in Washington May 22, 2012. Jonathan Ernst | Reuters The Securities and Exchange Commission said......

Hedge funds could be staging a comeback as short bets post best month since 2010

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CNBC – For more and to sign up click here A trader works on the trading floor at the New York Stock Exchange (NYSE), August 5, 2021. Andrew Kelly | Reuters Short selling is booming again after almost being left for dead due to the GameStop mania, reviving hope that......

GameStop surges 27% to lead meme stock rally in otherwise boring market

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CNBC – For more and to sign up click here Meme stock king GameStop rallied 27% on Tuesday as some retail investors came back in full force despite an otherwise quiet market. The video game retailer surged as much as 36.5% to $225 apiece in heavy trading volume. More than......

Robinhood meme rally falters, as stock drops 10% to lowest price since shortly after IPO

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CNBC – For more and to sign up click here A person looking at a smartphone with the projected Robinhood price shares in Los Angeles, July 27, 2021. Chris Delmas | AFP | Getty Images Robinhood’s short run as a meme stock has crashed into Wall Street reality. Shares of......

Peter Thiel-backed crypto broker Bitpanda triples valuation in five months to $4.1 billion

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CNBC – For more and to sign up click here A visual representation of bitcoin. STR | NurPhoto via Getty Images LONDON — Bitpanda, a European cryptocurrency trading platform, has raised $263 million in a fresh round of funding valuing the company at $4.1 billion. That’s more than three times......

Here’s what you need to know if you want to start investing

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CNBC – For more and to sign up click here dowell | Moment | Getty Images As stocks continue to hit record highs, you may be thinking about taking up investing. Since the Covid-19 pandemic hit, investors have been piling into stocks and alternative investments such as cryptocurrency. Fully 15%......

Jim Chanos says the market is entering risky phase and retail investors may be left holding the bag

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CNBC – For more and to sign up click here Short-seller Jim Chanos warned that retail investors late in the game could be left holding the bag as more red flags emerged in a speculative stock market. “The problem with getting more people, retail, involved is that it always seems......

Cramer urges investors to take profits in Robinhood as it becomes a meme stock

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Wednesday urged Robinhood shareholders to trim some of their positions after the brokerage firm’s own stock has become ensnared in the meme-stock frenzy it helped catalyze. Shares of Robinhood got as high as $85 apiece during Wednesday’s......

Robinhood drops 10% in stock trading app’s Nasdaq debut

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CNBC – For more and to sign up click here Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Shares of Robinhood slipped as much as 10% during its Nasdaq debut on Thursday, after pricing......

Want to start investing? Here’s a hint from investing legend Charles Ellis: Keep it simple

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CNBC – For more and to sign up click here When it comes to getting into investing, keeping it simple is key, according to investing legend Charles Ellis. In fact, he equates it to parenting teenage children. “Every parent of teenage children realizes at some point or another, less is......

Fintech keeps minting billionaires as Robinhood co-founders prepare for massive IPO

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CNBC – For more and to sign up click here Vlad Tenev and Baiju Bhatt, who co-founded Robinhood. Mark Neuling | CNBC Fintech is minting billionaires by the month. Already this year, Coinbase’s co-founders have joined the billionaire ranks, along with the founders of Affirm and Marqeta. For years, Silicon......

AMC signs deal to lease the Grove and Americana, two of Los Angeles’ top-grossing cinemas

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CNBC – For more and to sign up click here A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021. Mandel Ngan | AFP | Getty Images AMC Entertainment, the worlds largest cinema chain, is adding two more Los Angeles locations to its roster.......

Stocks making the biggest moves premarket: Moderna, Didi, BioNTech, AMC and others

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CNBC – For more and to sign up click here These are the stocks posting the largest moves before the bell. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Wall Street banks racked up $650 million in fees and stock gains in the busiest IPO week since 2004

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CNBC – For more and to sign up click here Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters From Krispy Kreme to China’s Didi Chuxing, the......

Robinhood says it cannot assure investors a meme mania won’t hit it again

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CNBC – For more and to sign up click here Trading information for GameStop is displayed on the Robinhood App as another screen displays the Robinhood logo in this photo illustration January 29, 2021. Brendan McDermid | Reuters Robinhood said Thursday that the first time Robinhood restricted trading on its......

Two and twenty is long dead. Hedge fund fees fall further below onetime industry standard

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CNBC – For more and to sign up click here Justin Chin | Bloomberg | Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) A previously unknown hedge fund known as White Square gripped the headlines last week after the Financial Times reported it to be the......

Why bitcoin briefly crashed under $30,000 after China’s crypto crackdown: CNBC After Hours

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CNBC – For more and to sign up click here CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, CNBC’s Kate Rooney explains bitcoin’s wild ride after Chinese regulators cracked down on crypto mining. Plus, the Biden administration says it could fall short of an......

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