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
Worries are stopping them doing theirjob properly because of sleepless nights and days off sick. And its notjust affecting those on lower incomes. In sport, its one step closer to a cup final for manchester united. They beat hull city 2 0 in the first leg of the League Cup Semi final. And this is the incredible trick shot which has caused a sensation on social media. Its two minutes long and you really dont want to miss it. And carol has the weather. We are starting off with a very windy day. Windy for all day for most of us. Storms locally and severe gales for some. Sunshine further south but tomorrow, parts of the south will also have sleet and snow. Good morning. First, our main story. Barack obama has delivered his Farewell Address as us president , telling the American People he believes the country is in a better, stronger place than when he was first elected eight years ago. In an emotional speech in chicago, he thanked his wife michelle as well as his family and staff and said
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