Wall Street

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    The GAMESTOP saga: How Reddit bleeds a hedge fund in 1 day through a short squeeze

    GameStop stock has been the center of media attention this week. The event combines a really interesting financial mechanism called “Short squeezing” with a “David versus Goliath” storyline, and it happened to go mega viral. In this video I explain the timeline, why it became such a big deal, and what exactly happened in the stock market. This is not…

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    Robinhood must take action to protect inexperienced investors: Rep. Casten

    A 20-year-old trader who thought he lost hundreds of thousands of dollars on the free trading app took his own life in June 2020. In a note, Alex Kearns blamed Robinhood for allowing him to take on the risk. Rep. Sean Casten (D-Ill.) joins CNBC’s Kelly Evans to discuss what the SEC and Congress should do next. For access to…

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    Jim Cramer breaks down the GameStop short squeeze

    “Mad Money” host Jim Cramer discusses short squeezes involving stocks like GameStop, but contends the headline-grabbing moves do not threaten the health of overall U.S. equity market. Subscribe to CNBC PRO for access to investor and analyst insights: Headline-grabbing short squeezes involving GameStop — and to a lesser extent, a few other companies — are really distractions for most stock…

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    Jim Cramer: The strong U.S. housing market has been an economic bridge to Covid-19 vaccine

    CNBC’s Jim Cramer said Thursday that the hot housing market has been key to helping the U.S. economy during the coronavirus pandemic. Subscribe to CNBC PRO for access to investor and analyst insights: CNBC’s Jim Cramer said Thursday the strength in the housing market is a welcome sign for the beleaguered U.S. economy — not the red flag it was…

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    GameStop Trading Craze: The Week Underdog Stocks Took On Wall Street | WSJ

    In just five days, GameStop’s shares soared up to 500%. WSJ analyzed how Reddit posts, YouTube videos and tweets by personalities including Elon Musk spread online and fueled a trading craze that turned Wall Street upside down. Photo illustration: George Downs/WSJ More from the Wall Street Journal: Visit WSJ.com: Visit the WSJ Video Center: On Facebook: On Twitter: On Snapchat:…

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    GameStop Stock: More Regulations? | Invested Podcast

    Reddit investors just launched an “attack on Wall Street” by purchasing shares in GameStop and pushing the stock price up over 480% last week. In today’s clip from the InvestED podcast, Danielle and I discuss the GameStop short squeeze and why regulators should stay out of the little guy’s way. Learn more about the basics of investing in the stock…

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