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Monday, Dec 06, 2021
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SPAC linked to Trump's social media venture surges for second day
Shares of the blank-check acquisition company that plans to publicly list former U.S. President Donald Trump's new social media venture soared again on Friday, more than doubling in value with trading halted multiple times due to volatil...
Robinhood Trading App User Downloads Plummet 78%
According to JP Morgan analysts, huge drop in Robinhood app downloads, could lead to a dip in price of the company’s stock.
AMC Is Looking Into Accepting Dogecoin Along With Other Cryptos
The Chief Executive of AMC Entertainment, Adam Aron, posted a poll on his Twitter audience asking how his audience feel about AMC accepting the meme currency Dogecoin.
AMC Movie Theaters To Accept Bitcoin For Movie Tickets And Concessions in 2021
AMC, the US movie theater chain announced in a shareholder's call on Monday that it intends to accept Bitcoin for movie tickets and concessions in 2021.
Robinhood Stock (HOOD) Closes 7.5% Down After First Week of Trading
Despite Robinhood's success earlier this year with meme stocks like GameStop, AMC, and meme-coin Dogecoin, investors didn't seem to have interest in buying in the popular trading app.
Robinhood IPO: Why It Might Be Time to Move Your Crypto Out of Robinhood?
Robinhood revently raised close to $2 billion in IPO. The amount is not very impressive for the company that was valued at $32 prior going public. Robinhood gained popularity during the 2020 pandemic when meme stocks had blown up on soci...
Robinhood reveals new investigation hours before its IPO
Regulators are investigating the fact that Robinhood CEO Vlad Tenev is not licensed by FINRA, Wall Street's powerful self-regulator, the online trading platform announced Tuesday.
Crypto Scammers Rip Off Billions as Pump-and-Dump Schemes Go Digital
You remember The Money Chant: Matthew McConaughey thumping his chest, talking fools and money before - sniff! - a little lunchtime “tootski.”
Robinhood Faces Likely AML Settlement, Says U.S. Demanded CEO's Phone Records
Robinhood Markets Inc., dogged by fines and regulatory scrutiny, revealed several new inquires from state and federal watchdogs as it seeks to sell shares in one of the year’s most anticipated public offerings.
Dogecoin Stands For 34% of Robinhood’s $88 Billion Crypto Revenue
The popular meme token, Dogecoin, has passed Bitcoin, Ethereum, and Litecoin in terms of trading volume on Robinhood, was revealed during Robinhood's IPO filing.
Elon Musk Revealed Why He Likes Dogecoin Over Other Altcoins
Tesla CEO Elon Musk continues to promote Dogecoin by asking the crypto community to submit development ideas on GitHub. When asked why he prefers DOGE to other altcoins, he gave a brief reply of:
Elon Musk has become bitcoin’s biggest influencer, like it or not
With the cryptocurrency down about 40% from its peak, some investors are unhappy with Tesla CEO’s tweets
A joke cryptocurrency has risen more than 26,000% in the last six months, outpacing nearly every other investment
Dogecoin prices continue to break new records. Here's how a meme-inspired cryptocurrency took on rivals bitcoin, ethereum, and binance coin.
Biden's Wall Street cop is putting Robinhood on notice
Gary Gensler, the newly installed chairman of the Securities and Exchange Commission, put Robinhood and Citadel Securities on notice Thursday about a potential crackdown in the Biden era.
Bitcoin records biggest one-day drop for almost two months
Fall comes amid warnings over speculation by novice investors in cryptocurrencies such as dogecoin
What Critics Don’t Understand About NFTs
The complexity and arbitrariness of non-fungible tokens are a big part of their appeal.
The Two Lives Of Bill Hwang, Man Behind The Archegos Fiasco
Interviews with people from inside Hwang's circle, Wall Street players close to him and documents associated with his multimillion-dollar charitable foundation fill in missing puzzle pieces -- ones that haven't been reported previously.
Stocks had a wild start to the year. Investors should be careful
Signs of market mania. Volatile tech stocks. Rising government bond yields.
Robinhood is getting rid of one of its most controversial features
Robinhood is getting rid of the confetti animation that appears on users' screens after they conduct their first trade and achieve other milestones. The change comes as the app faces growing scrutiny over what critics say is a gamificati...
GameStop, AMC and other meme stocks are meming again
Meme stocks were back in business Thursday, as investors bought up shares of GameStop, boosting other Reddit-favorite stocks along with it.
With GameStop's stock price still exploding, the ailing game retailer is considering selling new units to fund its future
With GameStop's stock price still near $200, the company is considering selling new units to help fund the ongoing "transformation" led by Ryan Cohen.
Robinhood files confidentially for IPO despite disastrous start to 2021
Robinhood filed confidentially for an IPO on Monday, a person familiar with the matter told CNN Business, a development that shows the trading startup is forging ahead despite a recent series of public-relations nightmares.
New reasons to think the work-from-home revolution is overblown
One year after the Covid-19 pandemic forced millions of workers to start clocking in from home, many companies are thinking about how to bring their employees back into the office.
Wall Street's biggest fear isn't Covid. It's inflation
Coronavirus fears shook Wall Street to its core last March. The Dow crashed nearly 3,000 points — a stunning 13% — a year ago today.
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