October 4, 2023
A federal courtroom in Florida this week dismissed one a part of a proposed three-part class motion lawsuit in opposition to Robinhood and others over their roles in January’s GameStop trading frenzy. Buyers alleged that brokerage companies like Robinhood conspired with clearinghouses and the market maker Citadel Securities to limit buying and selling of meme
READ MOREShares that have main volatility because of social media consideration — typically known as meme shares — haven’t threatened broader monetary stability up to now however may open the door to vulnerabilities, the Federal Reserve stated in a brand new report on Monday. The Fed’s twice-yearly replace on America’s monetary system included a particular part
READ MOREShares of the rental automotive firm Avis Price range Group greater than doubled on Tuesday, in a sudden and sudden surge that recalled earlier buying and selling manias in GameStop, AMC Entertainment and different so-called meme shares. Mattress Tub & Past, the retailer that attracted some curiosity throughout earlier meme-stock episodes, additionally rose sharply in
READ MOREAmid a large firm pivot, a monthlong press cycle and growing requires regulation, Mark Zuckerberg needs everybody to know he has a humorousness. In an 80-minute keynote presentation saying his company’s name change — from Fb to Meta — and a shift away from conventional social networking, the 37-year-old chief government made positive to insert
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