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
0llie, thank you so much forjoining us, especially under these circumstances. Now, i understand youve been able to flee these fires. Just bring us up to date in terms of what took place, what happened and how youre coping where are you now . Yeah, so i am now in a small village called fort simpson, which is about 630 kilometres west of yellowknife. It probably sounds like a huge distance it really isnt in Northwest Territories terms. This place is twice the size of france, its got 16,000 people in it, so vast scales that were talking about. This is essentially three communities to the left of yellowknife. And you can just hear a float plane into the distance, by the way. This is the Mackenzie River behind me. Yellowknife under a full Evacuation Order, as you probably heard, yesterday. We came out here a day before because, to be frank, the writing has been on the wall for days that that wildfire was going to pose a grave threat. What were you seeing that led you to think, hey, i better
This pilot, hovering above a swimming pool, now being used to douse the flames further down the hill. These homes, some distance from the destroyed coastal town of lahaina, are in the centre of the island where, last week, just before the fires, the cameras at this Bird Sanctuary captured a bright flash. Staff believe it is a tree falling on a powerline. Shortly afterwards, flames can be seen in the forest. Ross hart saw something similar before his home burned down. We could hear some trees falling here and there in the distance. One big one fell here on the bridge and it knocked over the powerlines. And then you saw the house. You could see it burn . I saw it begin to burn and they wouldnt let me stay to watch it. They were dragging me out because the embers were starting to come over my truck and stuff. Questions are now being asked about whether lives might have been saved. Should mauis power grid have been turned off . Could more have been done to Sound The Alarm . For many of tho
The band recorded a new album in 2021, and returned to the stage last year in london, not in the flesh, but as digital avatars 2d recreations of themselves from 1979. In a worldwide exclusive interview to mark 12 months of the abba voyage show, i went to the studio of the band in stockholm to talk to Bjorn Ulvaeus and Benny Andersson two of the globe s most successful songwriters. Its the one Year Anniversary of the abba voyage show. It took years to create. You described it as a risk because you didnt know if people were going to come and see Digital Recreations of you. Is it a gamble that has paid off . Most certainly, yes. Artistically definitely. Why do you say artistically definitely . Because we achieved more than we could ever hope for. Seeing this happening after four or five years of work in different areas, coming there, seeing the first preview and realising that the audience actually connected to what was on there, not like they were watching a movie, but is if we were actu