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Top News In தெரு சவால் Today - Breaking & Trending Today

Individual day traders are using Reddit to inflate stock prices. But does that come with any risks?


and last updated 2021-01-27 18:35:35-05
BUFFALO, N.Y. (WKBW) — “I don’t look at this as investing. I look at this as gambling. This is the same as going to the casino and putting all your money on red and hoping that it hits, 27-year-old investor Hayden Vogal said.
They can make the money today, They can make the money tomorrow. But the next day, it can just crash and they can lose everything.”
What Vogal is talking about day-trading. A form of investing popular among many millennials.
“You are buying a stock on momentum which means you are thinking it will possibly go up that day and you’ll sell it within that day,” Vice President of Collins Advisors LLC Christine Collins-Schwinger explained. ....

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Here's what you should know about the GameStop chaos


Here’s what you should know about the GameStop chaos
By Matt Phillips New York Times,Updated January 28, 2021, 9:07 a.m.
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A GameStop store in Manhattan on Jan. 27. The internet and stock market are aflame over GameStop, the video game retailer whose stock is suddenly the darling of day traders who are putting the squeeze on billion-dollar hedge funds.HIROKO MASUIKE/NYT
The internet and stock market are aflame over GameStop, the video game retailer whose stock is suddenly the darling of day traders who are putting the squeeze on Wall Street’s big players.
The stakes are enormous: The surge in trading has driven GameStop’s value up by $10 billion. Since Tuesday. ....

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GameStop Stock Trading: 4 Things to Know - The New York Times


The internet and stock market are aflame over GameStop, the video game retailer whose stock is suddenly the darling of day traders who are putting the squeeze on Wall Street’s big players.
The stakes are enormous: The surge in trading drove GameStop’s value up by more than $10 billion on Wednesday alone. On Thursday, as several trading platforms temporarily placed restrictions on the stock, the shares slid 44 percent, only to soar again on Friday after the trading restrictions were eased.
Exactly why GameStop’s value on paper, at least has rocketed to stratospheric levels has to do with a mix of traditional investing, rampant enthusiasm, stock market mechanics and the belief that anyone with a Robinhood account can meme a fortune into existence. ....

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Tesla stock slumps 8% after 4th-quarter earnings fall short of forecasts


Tesla sheds $66 billion in market value after 4th-quarter earnings fall short of forecasts
Theron MohamedJan 28, 2021, 20:55 IST
Tesla CEO Elon Musk.Susan Walsh/AP
Tesla stock dropped as much as 8% on Thursday, wiping up to $66 billion off its market value.
The electric-vehicle company s fourth-quarter earnings fell short of analysts forecasts.
Elon Musk s automaker also benefited from $401 million in sales of
regulatory credits.
Tesla shares fell as much as 8% on Thursday, after the automaker reported fourth-quarter earnings on Wednesday that fell short of Wall Street s forecasts. The slump erased as much as $66 billion from Tesla s market capitalization.
Elon Musk s electric-car company grew its revenues by 46% year-on-year to $10.7 billion. However, its adjusted earnings per share were $0.80 - below the $1.01 expected by analysts. ....

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4 Things to Know About the GameStop Insanity

4 Things to Know About the GameStop Insanity
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

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