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Transcripts For BBCNEWS World Business Report 20240711

We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove

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Detailed text transcripts for TV channel - FOXNEWS - 20140107:14:54:00

some days it was pretty chilly, other days it was quite warm for minnesota. a couple days it was 40 degrees which is pretty warm. martha: it s been 23 below in the with. it s been really cold recently. martha: the first time you got together and built one of theengs these things what was it? it was a copper fish. martha: how big was that one? sight wasn t that big, it was 6 feet tall. martha: and there was a walrus, too. look at that. the tupper fish is really good. tell me what your craft is. how do you do this? you pile up all the snow into the biggest pile we can. then we start forming the features like the tail, the

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