Waldman: Stop Immunizing Websites That Allow Harassment
What the Reddit group wallstreetbets did with Gamestop in a short squeeze was something quite amazing. I joined in for a couple of days with the purchase of AMC stock that I quickly dumped after only making a couple of...more
Britain’s Supreme Court dealt Uber a blow this morning when it ruled that “drivers must be classified as workers entitled to a minimum wage and vacation time.” The decision—a disaster for Uber in a dispute that reaches back...more
I think the GameStop phenomenon portends a seismic shift in many areas. It may well be a turning point in markets and investments. Where it will be going, I do not think anyone knows right now but everyone needs to be...more
On January 12, GameStop Corp. (ticker symbol: GME) closed at a price of $19.95/share on a volume of approximately 7 million trades. Only 15 days later, GME closed at a price of $347.51 on a volume of 93.45 million trades....more
New CBO projections suggest that even without additional Congressional aid, the “American economy will return to its pre-pandemic size by the middle of this year.” While encouraging, the report offers cold comfort for the...more
Moved by Covid’s bite out of the energy industry, oil behemoths ExxonMobil and Chevron Corp. have held talks about joining forces, “testing the water for what could be one of the largest corporate mergers ever.” ...more