They may offer advice about investing and share their favorite apps for trading stocks. Perhaps your favorite “finfluencer” has a budget tracker you can buy. But what is an influencer, and how does influencer marketing work? Whether you’re looking to earn a bit of cash on the side or ...
San Francisco-basedRedditfirst lodged a confidential filing for an IPO with the US Securities and Exchange Commission in late 2021, but held off going public as tech stocks fell in the face of tough macroeconomic conditions and an advertising slump. It would be the most high-profile tech group...
Reddit has proven to be quite important to the trading community in 2021. According to Investopedia, Reddit has made headlines this year for its influence on the volatility of meme stocks. The same can be said about crypto, with DOGECOIN taking the biggest share of Reddit-triggered crypto vola...
In an easy money market where central banks are printing tons of money what a lot of hedge funds do is buy higher beta growth names while shorting lower beta value stocks, particularly if they feel those companies are destined to go under. ...
With its activism, r/antiwork has garnered comparisons to another prolific Reddit subthread,WallStreetBets. Last year, retail traders drove up the prices of “meme stocks” such as beleaguered video game retailer GameStop and cinema chain AMC in a co-ordinated effort to punish hedge funds shor...
Connected by the Reddit community WallStreetBets, small investors followed the advice on Reddit to drive up shares of GameStop, AMC and others. That buying spree cost the big hedge funds who were betting against those stocks billions.”
A hashtag once devoted to spreading baseless conspiracy theories about the 2020 election has now been taken over by investors fuming over the decision by online brokerages to restrict trading of shares of GameStop and other volatile stocks. On Twitter, #StopTheSteal had been a major sour...
Links: Why everyone is freaking out about DeepSeek | Verge DeepSeek FAQ | Stratechery DeepSeek: all the news about the startup that’s shaking up AI stocks | Verge OpenAI and Softbank are starting a $500 billion AI data center company | Verge The AI spending frenzy is just getting ...