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(Reuters) - Social media chatrooms are beginning to resemble the squawk boxes on old-fashioned trading floors, as a new generation of retail traders continues to gain influence over the stock market.
WARSAW (Reuters) - Video games fan Elon Musk gave shares in Polish games producer CD Projekt a further boost on Thursday after the company's update of its flagship game prompted short sellers to close positions earlier in the week.
(Reuters) - Amateur investors piled further into niche stocks on Tuesday, sending professional short sellers scrambling to cover losing bets, with GameStop skyrocketing for a fourth straight day, thanks in part to Elon Musk.
Polish gaming studio CD Projekt SA jumped after reassuring investors that a patch for its bug-ridden Cyberpunk 2077 would hit the market this month.
Virtual currency bitcoin hit another all-time peak on Tuesday.
Bitcoin dropped below US$7,000 (RM29,310) on Friday to trade more than US$1,000 (RM4,190) down from an all-time high hit on Wednesday, as some traders dumped it for a clone.
Some of the biggest hedge funds' computer-run strategies – also known as systematic or quantitative – made huge gains in the aftermath of the vote for Brexit.
Global economic uncertainty and worries about weak spending on information technology are forcing investors in cloud computing stocks and related enterprise companies to take a reality check.