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WASHINGTON (Reuters) -The U.S. securities regulator is considering measures to require big investors to disclose more about short positions, or bets that stocks will fall, use of derivatives to bet on other stock moves and to protect small investors from trading apps that use features common to video games in order to boost risky trading activity.
NEW YORK: U.S. stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous session as U.S. bond yields retreated and investors scooped up battered technology stocks
WARREN Billionaire Buffett (pic) made no splashy deals in 2020, and he didn’t weigh in on some of the year’s most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year old billionaire was hardly inactive.
WASHINGTON/BOSTON/NEW YORK (Reuters) - Tension, irate questions, people talking over one another, and a cat photo. Thursday's five-plus hour U.S. congressional hearing on GameStop had all of that, as top hedge fund managers, the head of Robinhood, and Roaring Kitty himself answered a barrage of questions over who was at fault in January's trading frenzy.
SINGAPORE (Reuters) - Bitcoin hit a new record high $60 shy of $50,000 on Tuesday, extending a sharp rally that has been mostly fuelled by big investors beginning to take digital assets seriously.
SINGAPORE: Bitcoin hit a new record high $60 shy of $50,000 on Tuesday, extending a sharp rally that has been mostly fuelled by big investors beginning to take digital assets seriously.
NEW YORK: Shares of GameStop and other companies caught in the recent social media-fueled trading frenzy bounced on Friday, after online broker Robinhood lifted all the buying curbs imposed at the apex of the battle between amateur investors and Wall Street hedge funds.
LONDON (Reuters) - GameStop shares sank on Tuesday and a silver buying spree led by small investors subsided as a Reddit-driven trading frenzy that has shocked global financial markets over the past week started to show signs of fizzling out.
(Reuters) - GameStop Corp shares more than halved in value on Tuesday and silver prices retreated as the Reddit-driven trading frenzy that roiled stock and commodity markets appeared to fizzle, at least for now.
BEIJING, Feb 2 (AP): Asian stocks followed Wall Street higher Tuesday after President Joe Biden invited Republicans to a meeting to discuss economic aid, while silver eased off an eight-year high.