Tag: Wall Street

Categories Business

Occupy Wall Street 2.0: ‘This time, activists intend to DESTROY the system from within’ – Max Keiser explains GameStop frenzy

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The raging battle between Wall Street hedge funds and retail traders organized on Reddit over companies such as GameStop and AMC has stolen the spotlight this week. RT’s Max Keiser explains what’s it all about. … Read More >Occupy Wall Street 2.0: ‘This time, activists intend to DESTROY the system from within’ – Max Keiser explains GameStop frenzy

Categories Business

Is trust in the free market system shot after Robinhood cut off GameStop trading? RT’s Boom Bust digs into a Wall Street scandal

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The restrictions imposed by popular trading platform Robinhood on buying GameStop, AMC, Nokia, and Blackberry shares triggered a huge reaction on social media, with the app receiving over 100,000 one-star reviews on Google Play. … Read More >Is trust in the free market system shot after Robinhood cut off GameStop trading? RT’s Boom Bust digs into a Wall Street scandal

Categories USA

AOC throws weight behind GameStop hedge fund massacre, takes a dig at Wall Street’s ‘long history of treating economy as a casino’

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Democratic Rep. Alexandria Ocasio-Cortez has heaped mockery on Wall Street hedge funds who’ve taken a beating after a short-selling scheme on GameStop shares miserably backfired, accusing them of treating markets like a “casino.” … Read More >AOC throws weight behind GameStop hedge fund massacre, takes a dig at Wall Street’s ‘long history of treating economy as a casino’

Categories USA

Discord SHUTS DOWN ‘WallStreetBets’ group as members drive runaway surge in GameStop stock, but platform says ban unrelated

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The ‘WallStreetBets’ Discord channel has been taken offline, with the platform claiming the ban was due to hate speech and had nothing to do with members helping to fuel a meteoric spike in GameStop’s stock value. … Read More >Discord SHUTS DOWN ‘WallStreetBets’ group as members drive runaway surge in GameStop stock, but platform says ban unrelated

Categories Op-ed

GameStop saga exposes deep hypocrisy from elite investors and proves US financial market is detached from reality

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The destruction of a short-selling hedge fund by investors on Reddit was a formidable display of people power. It exposed the US stock market’s feet of clay – and the panicked elites are sure to retaliate. … Read More >GameStop saga exposes deep hypocrisy from elite investors and proves US financial market is detached from reality

Categories Business

Bringing water to Wall Street may spark bubble for the world’s most vital resource, UN warns

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Trading water futures like oil or gold is expected to leave the market vulnerable to a speculative bubble, according to Pedro Arrojo-Agudo, the UN’s Special Rapporteur on the human rights to safe drinking water and sanitation. … Read More >Bringing water to Wall Street may spark bubble for the world’s most vital resource, UN warns