A friday, the chains Once In A Lifetime Writing Contest you dont want to miss. Fox and friends first starts right now. Jillian the song is perfect. Connecticut is the maroon 5 of states. I like them. Do you like connecticut seriously . Todd i love it. Jillian not like the nickel back debate. I dont want to say what nicole is. Good morning, you are watching Fox And Friends First on friday morning. Todd in just a few hours trading at robin hood will reopen, came stop stopped purchases after they were instructed on the platform. Jillian lawsuits and customer complaints. Reporter it has the internet buzzing, the company says they plan to, quote, allow limited buying and will monitor and make adjustments as they see fit and try to clarify what happened yesterday saying it was a Risk Management decision that was not made under direction of the marketmakers. It was it was two lawsuits last night. The new york ag is involved that is reviewing the companys decision to restrict trading of stocks
Jillian oh man, it is good for free but the act of kindness was so much more. Fox and friends first continues right now. You want it you want it you got it you want it you got it todd i have no connection to this song. What is more difficult . Explaining the game stop story or saying Game Stop Stock . Jillian i thought you were going to say what is harder to do, explain that story or nail a free like that kid did . Or bust a move. Todd all three very different. You are watching Fox And Friends First is friday morning, we made it. Jillian thanks for joining us. In a few hours, trading at robin hood will reopen Game Stop Stock purchases after they were restricted on platform. Todd she nailed it. It is your turn, ashley strum ill Ashley Strohmeyer as they are facing lawsuits. Reporter the company said starting today they plan to, quote, allow securities and monitor and make adjustments as they safe it. And they will clarify what happened saying, quote, risk and management decisions not ma
Down, along come the rebel populous traders to say not on our watch. How big does this get . Welcome. Im neil cavuto. This is your very well depending on the stocks, profitable world. Not so great for the conventional market which is taking it on the chin because namely washington will take its investigations to gamestop and a host of others and all of these others that have been jumping far and fast. Susan li on the end of week theatrics that i dont think are ending on this end of the week. Hey, neil. The gamestop readit frenzy has taken wall street to unchartered territory. We have never seen volumes like this before. Its making investors nervous. The dow jones breaking below 30,000 this afternoon for the dow and the s p finishing the first month of the year lower. While it was a major selloff, the gamestop rally was backed on and amc and express and cost. This after robinhood allowed their traders to trade again raising a billion in cash to ensure they have enough money to clear the
This is a massive failure that caused 12,000 people their lives. Cuomo is obviously sorry, right . Not a chance. Where this starts is, frankly, a political attack from prior federal administration hhs. Everyone did the best they could. The State Department Of Health followed federal guidelines. If you think there was a mistake, then go talk to the federal government. They say this became a political football, but who cares . 33 28 died in a hospital, died in a nursing home. They died why covid . Why did god do this . I dont know. Jesse the media is doing their best to protect and cover up for cuomo, by giving this scandal very little airtime. Look at this chart. The Major Networks barely touched the story yesterday. Not surprising. They sucked up to this guy, and told americans he handled the pandemic better than anybody. Here is just small sample of the praise. Even lifelong republicans are like there is a leader. I heard you had a crush on her boyfriend, andrew cuomo. Everyone does.
Level as the controversy continues. President biden met with his Economic Team at the white house today, the administration has not yet said much on the controversy only saying talk to the sec and the feds are monitoring the situation. Strong backlash by some lawmakers including alexandria ocasiocortez and republican ted cruz. Republican senator josh hawley talked about this on fox news earlier. What youve seen with this gamestop meltdown that wall street is having now is these folks at home have got more criticism and more scrutiny than the people who singlehandedly crash the entire Financial Market in 2008. And they got bailed out, the government bailed out those people. It shows you that the fix is in. John White House Correspondent Kristin Fisher picks up reporting for us on this friday live on the north lawn. For the third day in a row, the white house is declining to weigh in on this controversy that has consumed both wall street and main street. The White House Press secretary w