Potentially the biggest thing to rock the US financial system since the 2008 meltdown, it all started with GameStop, a bricks-and-mortar video game retailer. Already under pressure from the competing digital-purchase model, the firm found itself really struggling last year, with the lockdowns and subsequent economic slowdown severely affecting its …
Read More »‘Sad billionaire’ slams ‘LOSER’ GameStop investors – then laments Biden taxes he voted for as ATTACKING THE WEALTHY
People “sitting at home getting their checks from the government, trading their stocks” are the problem, Leon Cooperman said on Thursday. In a lengthy appearance on CNBC’s Fast Money: Halftime Report, the CEO of the New York-based Omega Advisors took aim at the small investors buying up stocks the “more …
Read More »Mega-investors punished with $70 BILLION LOSSES as GameStop and other shorted firms see stock surge – data analysts
Short-sellers lost $70.87 billion on US companies this year so far, according to analysis from Ortex reported by Reuters on Thursday. To put the loss in perspective, $70.87 billion is half a billion dollars more than the GDP of Slovenia, according to CIA statistics. In the world of stocks, short-sellers …
Read More »Investors file CLASS ACTION SUIT against Robinhood over GameStop ‘stonk’ suppression
According to the lawsuit, filed on Thursday before a federal judge in the Southern District of New York, Robinhood “purposefully, willingly and knowingly” deprived retail investors of the ability to invest, accusing the brokerage of “manipulating” the market. Robinhood “completely blocked retail investors” from buying GameStop stock “for no legitimate …
Read More »GameStop saga exposes deep hypocrisy from elite investors and proves US financial market is detached from reality
American video game retailer GameStop has made a splash in the news this week after a showdown took place between hedge funds attempting to short sell the company’s stocks and Redditors attempting to fight back. After a hard-fought battle, the folks over at r/WallStreetBets scored a victory when a heavily …
Read More »How the institutional investors impact the market: the oppinion of Trust in BTC specialists
2020 was a very difficult year for the global economy and became a kind of watershed for many industries. The cryptocurrency market also brought a lot of surprises, apart from an impressive jump in the rate of the main cryptocurrency. One of the characteristic features of 2020 for the cryptocurrency …
Read More »Gazprom warns investors that Nord Stream 2 could be canceled as Trump announces more US sanctions in ‘parting gift’
Despite agreement from the Russian and German governments that the project must be completed, the company fears that it could eventually be derailed. As a partially public company, it is required to let its investors know about future risks. On Monday, the White House informed Berlin that it would be …
Read More »Bitcoin resumes rally as investors new to the crypto game pile in – data analysis
Big investors reportedly bought $11.5 billion in bitcoins over the past three months. The buying spree nearly doubled the price of the world-leading cryptocurrency, which couldn’t exceed the $12,500 mark since July 2019. “The role of institutional investors is becoming ever clearer in the data,” Philip Gradwell, chief economist at …
Read More »Investors in Russia is more profitable eternal building, not upgrading
Began investment collapse exacerbates the distortion, which is observed in the Russian economy in recent years: investors prefer to invest in the construction of buildings with the expectation of a quick return, not valuing the purchase of machinery and equipment. This is from the surveys of the Center for macroeconomic …
Read More »Dmitry Medvedev – to the investors: “the economy all right”
The Chairman of the government of the Russian Federation Dmitry Medvedev has declared that in economy of Russia all right: increase the volume of industrial production and turnover. “If we talk about the economy, it is obvious that in General we are all in the order of increasing industrial production, …
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