Latest News on private equity markets

GameStop shares drop 25%, briefly halted following 400% short-squeeze spike last week

GameStop shares were lower on Monday as the Reddit-fueled frenetic trading extended into February.

4 years ago

Democrats want to pass a $15 minimum wage through reconciliation. It’s unclear if they can

Senate Democrats are looking to pass a $15 federal minimum wage through budget reconciliation, a sped-up process that doesn't require Republican support.

4 years ago

Getting your financial advice from TikTok and Reddit? That could backfire

More people are picking up financial advice from platforms like TikTok and Reddit. But it can be hard to verify whom you're listening to, and if you should be.

4 years ago

Robinhood raises trading limit on GameStop further to 20 shares

Robinhood started easing trading restrictions on Monday, raising its trading limit on GameStop to four shares from a single share.

4 years ago

BlockFi Submits Application with SEC for a Bitcoin Trust

Coindesk | Danny Nelson | Jan 29, 2021 BlockFi is the latest firm to go up against Grayscale's behemoth bitcoin trust. BlockFi, a major hub for crypto lending, appears to be increasing its courting of institutional bitcoin bets through a new bitcoin trust product. The trust, revealed in Friday regulatory filings, could put BlockFi in


The post BlockFi Submits Application with SEC for a Bitcoin Trust first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

The Future of Stakeholder Capitalism and Why GameStop is a Syllabus

Bloomberg Opinion | John Authers | Jan 29, 2021 The trading frenzy surrounding the video-game retailer is a prism for a range of epochal issues. Libertarianism vs Paternalism This is an eternal debate. Freedom means the freedom to mess things up. But governments have a responsibility to citizens, and companies have a responsibility to clients, to


The post The Future of Stakeholder Capitalism and Why GameStop is a Syllabus first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Robinhood appears to be benefiting from the trading controversy, seeing record app downloads

Robinhood had more than 600,000 people download its app on Friday, according to JMP Securities.

4 years ago

Why the GameStop frenzy may hurt retirees along with hedge funds

Retail investors wanted hedge funds shorting GameStop stock to lose money when they ran up the share price. Pension plans may be collateral damage.

4 years ago

GameStop shares lose nearly a third of their value on Monday following 400% short-squeeze spike last week

GameStop shares were lower on Monday as the Reddit-fueled frenetic trading extended into February.

4 years ago

These two indicators could determine whether the GameStop rally is near its end

GameStop stock has defied gravity in the past and it could again, but there are some signs its stock may be topping out, strategists say.

4 years ago

Joint Statement from CSA and IIROC on Recent Market Volatility

CSA and IIROC | Release | Feb 1, 2021 TORONTO - The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) are closely monitoring how extreme price movement of certain stocks may be contributing to volatility in Canada’s capital markets. We will take appropriate regulatory action to protect investors if we


The post Joint Statement from CSA and IIROC on Recent Market Volatility first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

SpaceX to fly first civilian crew to space later this year, with public competitions for two seats

SpaceX announced on Monday that it will launch four private individuals on a Crew Dragon capsule into orbit around the Earth for the Inspiration4 mission.

4 years ago

Fed's Bostic says economy could recover more quickly than expected

Atlanta Fed President Raphael Bostic said Monday that he's not worried about overheating, though he does think growth could happen faster than many expect.

4 years ago

Top Wall Street analysts like these stocks coming out of earnings season

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Facebook and Apple

4 years ago

Americans are flocking to the suburbs — here's how much you need to earn to buy a house

The pandemic-induced run on housing has fueled a national affordability crisis for many would-be home buyers.

4 years ago