The SEC has investigated so called “meme stocks,” such as GameStop’s epic run, ultimately deciding there was no wrongdoing.
Reddit’s WallStreetBets Schools Wall Street
Wall Street may be the “experts” in the stock market, but analysts are increasingly looking to Reddit’s WallStreetBets for info.
AMC Will Accept Bitcoin as Payment
AMC has announced it will start accepting bitcoin as payment by the end of 2021.
Robinhood Experiences Issues During Big Trading Day…Again
Robinhood has once again found itself in hot water after users were unable to make crypto trades during a big trading day.
How the GameStop Stock Short Squeeze Cost Wall Street Billions
While most people invest on Wall Street to make money, a Reddit-based group known as Wall Street Bets had a different motive. They saw what wealthy hedge funds were doing to GameStop (GME) stock and decided they wanted to punish…
Elon Musk: BitCoin On the Verge of Widespread Acceptance
Elon Musk has said bitcoin is on the verge of achieving wide acceptance among investors and conventional finance people.
Short-Seller Losses Top $70 Billion In the War on Wall Street
Short-sellers have lost a staggering $70 billion in the War on Wall Street between institutional investors and day traders on Reddit.
Robinhood Blocks GameStop Trading, Faces Backlash
Robinhood has weighed in on the war on Wall Street, blocking buys of GameStop, AMC, Blackberry and others, and facing backlash for it.
Day Traders Continue to Pump Stocks, WH and Treasury Monitoring
Day traders continued to take on Wall Street investors, pumping stocks traditional investors have been shorting.
Good Day For GameStop Investors As Stock Hits $247
GameStop is having a wild day, as individual investors have helped drive the price to $247, up from $18 just a couple of weeks ago
PlayStation 4: GameStop Donates Systems To Charity
PlayStation 4, the ever-coveted game system that boasts hi-fi graphics, is in the headlines this week after retail giant GameStop announced they would be donating several of them to the Ronald McDonald House. The charity organization provides a safe place…
Cyber Monday Sales: Best Deals On Video Games
Cyber Monday is like the rushed sequel to Black Friday. That doesn’t make it any worse than America’s annual celebration of cheap TVs and trampling old people though. In fact, it might even be the superior holiday since you don’t…
GameStop Partners With IBM And Texas A&M, Launches GameStop Technology Institute
GameStop is the Starbucks of gaming. There’s one on every corner and they at least pretend to serve your every need. Unlike Starbucks, however, GameStop’s bread and butter – video games – are increasingly moving to the digital space where…
GameStop Reports $3.15 Billion In Sales Over The Holidays
In November, Sony and Microsoft launched their next generation games consoles – the PS4 and Xbox One. Both consoles have now gone on to sell more than 7 million units combined and that’s definitely helping the bottom line of those…
GameStop Reveals Its Black Friday Deals, Bundles
Over the past few days, Sony and Nintendo have both unveiled their hands for Black Friday. From the looks of it, gamers looking to save on Sony and Nintendo hardware will be in for a treat, but what about those…
Sony Will Hold a PS4 Launch Event In San Francisco
Journalists may be in New York this week for the launch of the PS4, but that’s not where Sony is going to hold the launch party for its newest console. Instead, our friends in California will be partying all night…
GameStop CEO Thinks The Console Cycle Will Get Shorter
For years, the console cycle was predictable. Nintendo, Sony and whoever else would release a console, wait five years and then release a new one. This past generation, however, has completely destroyed that concept with a console cycle that has…
GameStop Prepares For PS4 And Xbox One Launches With Hiring Spree
Does it sound like a dream come true to work at GameStop? If so, the impending launch of the Xbox One and PS4 may have just given you the excuse you need to join their team. GameStop announced today that…
These Studios Are Making Exclusive Content For The PS4
Exclusives are going to become rarer in the next generation. Most third party studios just can’t afford to keep their games on only one platform. Instead, you’ll see developers move to exclusive DLC, and now we know which studios are…
Amazon Is Sold Out Of PS4, Xbox One Launch Units
Just yesterday, GameStop announced that it had completely sold out of its initial allotment of PS4 units. Now another retailer has announced the same. Amazon announced today via its Video Games Facebook page that it has completely sold out of…