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'Roaring Kitty' acquires more shares in GameStop
BENGALURU: The man known as "Roaring Kitty" on social media, whose online posts helped spark January's trading frenzy in GameStop Corp, exercised call options on the stock to acquire 50,000 more shares at a strike price of $12, Bloomberg reported.
WallStreetBets bows to crypto wave, allows Bitcoin discussion
Reddit's WallStreetBets forum loosens its "No Cryptocurrency" rules, with its admin admitting that trading of cryptocurrency is here to stay.
‘Tanker gang’ day traders piled into ship stocks during jam
SINGAPORE: As soon as retail investor Calvin Froedge heard that a massive container vessel was stuck in the Suez Canal, he pulled his car over to the side of the road, opened up his laptop and started buying shipping stocks.
Microsoft CEO hunts anew for creator hub after TikTok bid fails
Microsoft Corp’s latest takeover targets have baffled some analysts and investors who are well aware of the company’s spotty track record in consumer businesses and social media.
Discord would give Microsoft a US$10bil ‘place to talk’
Microsoft Corp and Discord Inc hold a great deal of sway with video game fans. As they now hold talks for a potential US$10bil (RM41.27bil) acquisition, a deal would join two companies in pursuit of audiences far beyond gamers.
Easy money? Gen Z invest online to beat coronavirus woes
Juggling homework, friends and his personal YouTube channel, 12-year-old Kwon Joon is often too busy to check on his investments – not that the South Korean schoolboy is too concerned.
Short sellers take aim at AirAsia after stock hits one-year high
Short sellers are circling AirAsia Group Bhd after the stock more than doubled from recent lows.
GameStop ends up 7.3% after wild swings, other 'meme stocks' soar
NEW YORK: GameStop ended 7.3% higher on Wednesday after wild gyrations in the resurgent rally that has vaulted shares of the video game retailer and other so-called meme stocks closer to the peaks of late January.
Biggest players in short-selling are getting a pass
Given the popular belief that short sellers create unjustified losses in some stocks, why would shareholders want to supply the ammunition for attacks against their investments?