From the forums managing director. In the spanish town was a byword for the beach holidays but now benetton sandy shore life isnt. There some reports in berlin welcome to the program this week the goliaths of wall street have met that david the game stop shares frenzy has seen a surge of stock purchases by small investors lead to losses in the billions for hedge fund pros but now go on the online forums where this rebellion was coordinated after brokerage apps blocked any more trades. Theyre placing their bets a group of small time speculators not professional traders have been coordinating the purchase of game stop stocks in online forums even though the retailer is virtually broke this has been causing share prices to skyrocket at the peak of the frenzy the stock had risen 2500 percent from its price at the start of the year well it played out that those who are pushing the share Prices Higher are on the winning side but those hedge funds that are short the stock. Believe that the pr
Of the United States. Its kind of our way, or the highway. Mississippi senator roger wicker on all of that very shortly, In The Meantime, to Mark Meredith on how this is all going down, fueled by not only the president stating that this is the only way to do it, republicans, at a jobs report which might have helped his argument. Mark . Reporter neil, good morning to you right that jobs report is having an impact on the discussions. President biden counting on house and Senate Democrats to pass his 1. 9 trillion Stimulus Package. Republicans want the president to reign in spending but the president made it clear yesterday that hes willing to do this on a Party Line Vote if necessary to fund a few priorit ies like the 1,400 round of stimulus checks that he wants to see go out, more money for Food Assistance programs, as well as extending those enhanced federal Unemployment Benefits. The president making it directly in a speech on friday. Others think that things are Getting Better and we
What can it be . Well take you inside why. Heres our main story. The enemy is within. Nancy pelosi, speaker of the house, saying democrats are threatened by a cult of chaos rising within the ranks of the gop, listen. We will probably need a supplemental for more security for members. When the enemy is within the house of representatives. It is a party at war with itself. And the leaders now seem to have no control. The proof, you have the main republican in the house, kevin mccarthy. He told his caucus to get along. The next day, upstart Congressman Matt Gates went to the home state of liz cheney, number three in the caucus, and attacked her personally. If you want to prove that you have the power, defeat liz cheney in this upcoming election, and wyoming will bring washington to its knees. Maybe we ought to fight the neocons at home so we dont have to fight them in washington, d. C. But thats the problem, isnt it . Because the neocons are at home in washington, d. C. I had a chance to
Dangerous and she was going to be keeping him in jail as he awaits trial, anderson. Have there been any updates from the fbi . One of the things theyre most concerned about talking to sources is for lawmakers, as they start to leave d. C. , as they start going home, weekends, things like that, theres a lot of concern over their safety. So theyre trying to work with them to see how Law Enforcement can step up security for some of these lawmakers. Shimon prokupecz, thank you. News continues lets hand it over to chris for primetime. Chris . I am chris cuomo, welcome to prime time. Now youre going to see something here that you wont see anywhere else, now youve heard about what happened with reddit and gamestop . Okay. We have people on both sides of this story. Okay. We have the man who created the reddit forum that led to the Gamestop Saga and the skree of the app Robinhood Which created a new firestorm today. How . Ill tell you. It is going to be something that united aoc and senator te
Is detected in the United States just as there are new predictions of a much higher potential death toll. Donald trump left the white house, but many republicans are refusing to leave him. We have the latest as some Party Members swear their loyalty to the former president. And the sub reddit page that has wall street in a spin. The latest on gamestops Crazy Ride On wall street. Live from cnn World Headquarters in atlanta, welcome to all of you watching here in the United States, canada and around the world. Im Kim Brunhuber. This is cnn newsroom. A new forecast warns that more contagious strains of the coronavirus could cause an additional 85,000 deaths in the u. S. By may. The first two cases of the variant first detected in south africa have now been confirmed in the u. S. Its already circulating in at least 30 other countries. Two americans who have it dont know each other and havent traveled abroad. Now this variant may make at least one potential new vaccine less effective. Drug