-
+15 +1
Robinhood Has the Worst Debut Ever for IPO of Its Size
Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.It dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qual
-
+1 +1
How To Invest In Stocks: A Beginner's Guide
Not sure where to get started investing in stocks, let alone how the investment process works? You’re not alone – but it’s not a complicated process like you may think! Investing...
-
+10 +1
A bitcoin accumulation uptrend could result in a BTC price ‘double pump' similar to that seen in 2013
According to Glassnode data, the recent drop in Bitcoin's (BTC) price from around $65,000 to as low as $30,000 did not compel long-term holders to sell. Just as BTC/USD bids were plummeting, the on-chain analytics platform reported a rise in Bitcoin reserves stored in wallets with lower unspent output.
-
How-to+1 +1
How do I find a trustworthy and legal Forex broker?
-
+11 +1
Wall Street Bets traders are more skilled and responsible than they get credit for, a new academic study finds
Reddit's WallStreetBets forum has garnered a reputation for being a meme-fueled casino where members push risky investment ideas and bet their life savings away, but real-world data suggests the users of the forum post serious due diligence reports and are actually quite skilled, according to a new research study.
-
+19 +1
Bitcoin Has Won Over Institutional Investors: Could Governments Be Next?
When Bitcoin surged to an all-time high of $17,000 in late 2017, the cryptocurrency headlined media outlets and financial journals — but not for the right reasons. Analysts and major institutional figureheads bashed and ostracized the promising digital asset, dubbing it a “fraud” and “useless as a payment system.” Not soon after, Bitcoin suffered a major correction, with prices plummeting down 70% in a single year.
-
+9 +1
New breed of young investors are taking big risks, warns FCA
A new breed of thrill-seeking young investors are taking big financial risks when investing in cryptocurrencies, foreign exchange trading and other high-risk products, according to a warning from the City regulator. These younger and more diverse DIY investors were making riskier choices because they liked the challenge and the status it gave them...
-
+20 +1
Cryptocurrency: Bitcoin hit an all-time high — Here's why Warren Buffett still won't touch it
The past year has been groundbreaking for Bitcoin. And most recently, cryptocurrencies hit an all-time high: over $ 61,000 per unit - missed by late-to-party investors. So what do the world's most famous investors think about Bitcoin?
-
How-to+1 +1
How can I learn Trend Following trading?
Learn actionable tips and strategies for trading uptrends and downtrends to profit from stocks, forex, cryptocurrencies
-
+1 +1
7 Best Stock Picking Services To Consider This Year
Investing in individual stocks but need some help? There are some stock picking services that can help guide you to better investments.
-
+16 +1
Apple plans to increase dividend, approves executive compensation
Apple Inc is planning to increase dividend according to Chief Executive Tim Cook, CNBC reported on Tuesday, citing the shareholder meeting. The company's shareholders also approved compensation for Apple executives for fiscal 2020, the report said.
-
+23 +1
‘Roaring Kitty’ Reddit investor sued over role in GameStop stock surge
One of the principal figures in a group of Reddit investors who drove a huge surge in GameStop’s share price in January is being sued in federal court, in a class-action complaint alleging securities fraud. The lead plaintiff, a Washington state investor, suffered “substantial financial losses,” when he used $200,000 to make a short-selling speculation against GameStop’s price, when the company’s stock was below $100. It then went skyrocketing to a record closing price of $347.51 on Jan. 27, in a story that caught mainstream media’s fascination for more than a week.
-
+21 +1
CEOs of Reddit and Robinhood and ‘Roaring Kitty’ slated to testify in GameStop hearing
Reddit CEO Steve Huffman, Robinhood co-CEO Vlad Tenev, and Keith Gill (aka Roaring Kitty) are all on the witness list for an upcoming hearing before the House Financial Services Committee, according to a release from Chairwoman Maxine Waters (D-CA). The hearing, to be conducted virtually, will probe the recent volatility in shares of GameStop following a rally fueled by a group of day traders active on the r/WallStreetBets Reddit board.
-
+1 +1
FarmTogether Review: How to Invest in Farmland
Investing in farmland is similar to investing in real estate - you purchase property that (hopefully) appreciates in value and can collect rental income on a regular basis. However, both real estate and farmland are
-
+7 +1
Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buyers Admit They Messed Up
Someone was always going to be left holding the bag. That’s the way it works. After weeks of magnificent highs, GameStop’s stock is plummeting. As of this writing it’s at $57, down from last week’s high of more than $400. As the stock falls, investors are selling off, which only increases the fall. The destitute players who held on to the stock too long are now gathering online to commiserate and return to the activity that started it all—posting.
-
+17 +1
Robert Downey Jr. is launching a new ‘rolling’ venture fund to back sustainability startups
A little less than two years ago, when the actor, producer and investor Robert Downey Jr. unveiled his new, sustainability focused initiative called the FootPrint Coalition at Amazon’s re:MARS conference it was little more than a static website and a subscription prompt.
-
+22 +1
Melvin Capital, hedge fund that bet against GameStop, lost more than 50% in January
Hedge fund Melvin Capital Management lost 53% in January amid a record rally in GameStop and other stocks the fund was betting against, a source familiar with the matter told CNBC.
-
+27 +1
Hedge fund Melvin sustains 53% loss after Reddit onslaught
$4.5 billion drop in assets after bets against the likes of GameStop go sour.
-
+22 +1
Reddit day traders are taking on hedge fund giants and winning, and it's a sign of a new era for markets
'They are proving to be quite capable of mounting some successful 'value capture' against Wall Street institutional investors,' Fundstrat's Tom Lee said.
-
+16 +1
Robinhood Facing Class Action Lawsuit Over Suspended GameStop Trading
Robinhood is an online brokerage that was founded for the purpose of democratizing investing and making it more accessible for individuals to buy stocks. Its stated goal was likely one reason why traders were so surprised when the broker shut down their ability to buy GameStop shares.
Submit a link
Start a discussion