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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.
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.
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.
Virtual currency bitcoin hit another all-time peak on Tuesday.
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.
(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.
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) - 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.
There’s some irony in the fact that Reddit, an online chat community full of gamers, has propelled GameStop Corp to unbelievable levels. After all, video game fans have loved to hate the struggling retailer for decades.
NEW YORK (Reuters) - On three hours of sleep a night and with no time to eat, one New York-based hedge fund manager overseeing billions in assets called last week the most stressful of his life.