Tag Archives: venture capital

Signs of market bubbles are plentiful, from GameStop to SPACs – CNN

GameStop (GME) has skyrocketed about 1,700% this year as traders on the Reddit board WallStreetBets helped push it sharply higher — and that’s after losing nearly half its value Thursday. The CEO of the money-losing video game retailer is now worth nearly $1 billion. “Someone is going to get hurt,” Fisher said. “As happens with […]

AOC to discuss the GameStop and Robinhood drama on Twitch – Business Insider

Following days of Reddit-fueled trading of volatile stocks and the subsequent trading freezes imposed by the fee-free stock trading app, Robinhood, Rep. Alexandria Ocasio-Cortez tweeted that she will discuss the recent developments on the livestream video service, Twitch, Thursday night at 8:30 p.m. EST. Ocasio-Cortez said she would be joined by Chamath Palihapitiya, CEO of […]