Skip to main content

Wall Street institutions are increasingly tracking amateurs on Reddit, Twitter, and Discord to find trading opportunities, following GameStop's meteoric rise (Wall Street Journal)

Wall Street Journal:
Wall Street institutions are increasingly tracking amateurs on Reddit, Twitter, and Discord to find trading opportunities, following GameStop's meteoric rise  —  Deep-pocketed banks and hedge funds now take their cues from armies of Main Street traders  —  Wall Street professionals tell everyday investors what stocks to buy.



from Techmeme https://ift.tt/3gOUVIZ
via IFTTT

Comments

Popular posts from this blog

PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were "underwater" (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch : PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were “underwater”   —  Employees' stock options were cancelled, according to a document viewed by TechCrunch. from Techmeme https://ift.tt/noKyEDx via IFTTT

The FDIC announces an agreement to sell Signature Bank's assets to Flagstar Bank, a subsidiary of New York Community Bancorp (Pete Schroeder/Reuters)

Pete Schroeder / Reuters : The FDIC announces an agreement to sell Signature Bank's assets to Flagstar Bank, a subsidiary of New York Community Bancorp   —  A subsidiary of New York Community Bancorp (NYCB.N) has entered into an agreement with U.S. regulators to purchase deposits and loans from New York-based Signature Bank … source http://www.techmeme.com/230319/p6#a230319p6

Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO (Bloomberg)

Bloomberg : Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO   —  - China business accounts for more than 40% of revenue, CEO said  — Investment for mature chip fabs likely remain solid next year from Techmeme https://ift.tt/OT8AHz2 via IFTTT