Tag Archives: CEO

Reddit traders behind GameStop mania have animosity toward Wall Street elite, says PredIQt’s William LeGate

Reddit traders behind GameStop mania have animosity toward Wall Street elite, says PredIQt’s William LeGate William LeGate, founder and CEO of cryptocurrency platform PredIQt, joins CNBC’s “The Exchange” to discuss the populist forces behind the GameStop mania and what it means for Wall Street. 05:08 This content was originally published here.

‘Pharma Bro’ Martin Shkreli weighs in on GameStop chaos

“Pharma Bro” Martin Shkreli is following the Reddit-fueled Wall Street chaos from behind bars — and wants to give his input on the saga. The convicted fraudster commented on the GameStop frenzy in an email to Christie Smythe, the former Bloomberg reporter who professed her love for him in a tell-all Elle magazine article last […]

Elon Musk agrees that blocking the GameStop stock purchase is “unacceptable”

January 30, 2021 3 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. This Thursday, the CEO of Tesla and SpaceX , Elon Musk showed his support for a mobilization of Reddit users that increased the value of the shares of the GameStop network […]

Live Updates: Amid trading frenzy, GameStop will top $1,000 per share, investment exec predicts

Retired airline captain Clyde Romero and Quantumvest CEO Taylor Roncancio discuss how they’ve invested in GameStop and short squeeze stocks. As Robinhood continues to limit purchases of GameStop stock, Reddit users are egging on their compatriots to keep the momentum going. Continue Reading Below The continued momentum has led Quantumvest CEO Taylor Roncancio to predict on “The Claman Countdown” the stock […]

Robinhood CEO to reportedly testify before US House committee over GameStop

Robinhood CEO Vlad Tenev will reportedly testify before the United States House Financial Services Committee over the firm’s role in the volatile trading of GameStop and other volatile stocks. According to a report by the American political publication Politico, Tenev is expected to participate in a virtual hearing headed by Representative Maxine Waters (D-Calif.) on […]

Reddit frenzy: Billionaire Mark Cuban says his 11-year-old son made money with WallStreetBets traders — and he ‘loves’ what’s going on with the forum

Cuban’s tweet gathered some criticism from followers for not addressing the need for regulation to control the current market dynamic, while others encouraged him to teach his kid to become a responsible investor. But piling into previously unloved stocks is unlikely to turn out to be a good thing for most retail investors, a CEO […]

GameStop stock plummets, and Bezos steps down at Amazon

Amazon CEO Jeff Bezos will leave his post later this year, turning the helm over to the company’s top cloud executive, Andy Jassy, according to an announcement Tuesday. Bezos will transition to executive chairman of Amazon’s board. Bezos founded Amazon in 1994 and has since morphed the one-time online bookstore into a mega-retailer with global […]

Facebook Takes Down Trading Group With 157,000 Members Amid GameStop Frenzy

Facebook Inc (NASDAQ: FB) disabled a 157,000-member trading discussion group on its platform that discussed shares of companies like GameStop Corporation (NYSE: GME) and others, Reuters reported Thursday. What Happened: The group — Robinhood Stock Traders — was created by Allen Tran, a 23-year old who was notified by the social network giant that it […]

GraniteShares CEO: Why silver may have staved off the GameStop effect

Silver may have staved off the worst of its speculative frenzy. The precious metal retreated from eight-year highs on Tuesday after Reddit-fueled traders set their sights on the metals market in Monday’s session, driving the price of silver up 8% in a day. But while retail traders may have been responsible for recent double- and […]

GameStop Switch Allocation Has Reportedly Improved – Nintendo Life

There have been some concerns raised about how this partnership will potentially impact other console manufacturers’ presence within GameStop. Fortunately, for Nintendo – at least in the short term, it shouldn’t be a problem. As you might recall, Reggie Fils-Aimé (the former Nintendo of America President) joined GameStop’s board of directors in March this year, […]