Investor cash continued to pour into stocks last week amid a retail trading frenzy that saw shares in GameStop soar over 2,500per cent year-to-date at one point, BofA's weekly flow data showed on Friday.
Bitcoin jumped as much as 11per cent on Friday, touching its highest for 10 days, with traders citing a move by Tesla Inc chief Elon Musk tagging the cryptocurrency in his Twitter biography.
"Stocks only go up", concludes a video montage of televangelists, dancing Ghanaian pallbearers, and Donald Trump's personal pastor repeatedly saying she can hear the "sound of victory".
Shares of videogame retailer GameStop Corp and headphone maker Koss Corp doubled in early premarket trading on Friday as amateur traders returned a day after online brokerage apps, including Robinhood, imposed buying restrictions on the stocks.
LONDON: London Stock Exchange said on Friday that it had completed its US$27 billion deal to buy data provider Refinitiv. "This transformational transaction brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy, working in partnership ...
TOKYO: Japan's Olympic sponsors are scaling back advertising campaigns and delaying marketing events for this year's Summer Games, concerned that public sentiment toward the event is souring amid a fresh wave of COVID-19. Sponsors also worry that organisers have not told them what contingency ...
GameStop and AMC Entertainment Holdings remained overwhelmingly favored stocks on Reddit's top trading forum on Thursday, even as they and other companies at the core of a retail trader frenzy plummeted after online brokerages imposed trading restrictions.
Steep gains in shares of GameStop Corp and other stocks this week have been described as populist market revolts. But among those out ahead are some of Wall Street's largest asset managers, which can realize gains both from their share stakes and from lending out stocks to short sellers....
Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about becoming a contract manufacturer for the U.S. tech giant, dimming the outlook for a deal.
A YouTube streamer who helped drive a surge in the shares of GameStop Corp is a 34-year-old financial advisor from Massachusetts and until recently worked for insurance giant MassMutual, public records and social media posts show.
