Tag: GME

Elon Musk, Jack Dorsey & Cathie Wood’s Bitcoin chat veered from boring to bewildering

Bitcoin’s transformative impact is swiftly becoming self-evident; the rest just feels like noise. Read More Source link

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A benchmark-beating robot thinks AMC will outperform Facebook and GameStop. It likes these other stocks, too.

An exchange-traded fund run by artificial intelligence bought AMC stock at the beginning of July, preferring shares in the cinema chain and retail investor favorite over the likes of Facebook or Walmart. The Qraft AI-Enhanced U.S. Large Cap Momentum ETF, trading as AMOM AMOM, -0.78% on the New York Stock Exchange, removed some major technology […]

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Is meme-stock mania ending?

Google search interest for stock-buying terms has dwindled down to pre-pandemic levels. Read More Source link

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Opinion: Meme stock investors are bringing AMC and other troubled companies back to life

During the takeover battles of the 1980s, the term “white squire” designated a significant bloc shareholder that management enlisted to deter or defeat unwanted bids for corporate control. For example, Warren Buffett’s Berkshire Hathaway and Lazard Freres’ Corporate Partners were white squires. In proxy contests nowadays, management cultivates its quality shareholders (those that are long-term and focused) […]

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Warren Buffett’s latest big investment likes cryptocurrency

Brazilian digital bank Nubank plans to let customers invest in cryptocurrency after landing major funding from Warren Buffett’s Berkshire Hathaway. Read More Source link

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Anyone can lie about being an AMC shareholder for the perks

Shareholder perks programs should use NFTs, or non-fungible tokens, to prove people have skin in the game. Read More Source link

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Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million on a series of white-knuckle bets on bitcoin BTCUSD, -4.42%, Chinese electric-vehicle maker NIO NIO, -0.75%, and videogame-retailer GameStop Corp. GME, -12.64% over a four-year period, he told MarketWatch in […]

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