In eliminating barriers to investing in the stock market, is the app democratizing finance or encouraging risky behavior? The app gives new investors an easy way to buy and sell stocks. Its founders say that it could help reduce inequality, but critics fear that it will only reinforce the wealth gap.
Read Sheelah Kolhatkar's article in The New Yorker HERE.
Showing posts with label GameStop. Show all posts
Showing posts with label GameStop. Show all posts
Thursday 13 May 2021
Robinhood’s Big Gamble
Labels:
finance,
GameStop,
investment,
Robinhood,
securities,
Wall Street
Saturday 13 February 2021
GameStop trading frenzy being probed for misconduct
The trading frenzy that saw unexpected surges in GameStop, AMC and other stocks has now got the attention of federal regulators who are now investigating the rally for market manipulation or other misconduct, The Wall Street Journal reported on Tuesday (Feb. 11), citing sources.
More details from this PAYMNTS. com post - READ HERE
Monday 8 February 2021
“Must Reads” for 8 February
Today’s “Must reads” in banking, fintech, payments, cybersecurity and risk management include:
- Gen Z is defining digital banking. FinTech is listening
- Treasury under Yellen to prioritize climate change, sanctions, AML reform
- How to defend against today's top 5 cyber threats - Help Net Security
- What Happens When Cybercriminals Target Industrial Robots?
- The U.S. Banking and Payments Market: A crucible of Fintech Innovation
- Robinhood raises another $2.4 billion, Eases trading curbs
- Jack Ma's Ant Group reportedly plans to transform into a financial holding company overseen by China's central bank
Sunday 7 February 2021
How the GameStop short-sellers play - Charts that Count
The FT's US finance editor Robert Armstrong looks at a company whose shares soared more than 400 per cent just two weeks ago as amateur stock traders took on Wall Street to make money from its fortunes.
You can get more information on this story from the FT article;
Labels:
financial markets,
financial risk,
GameStop,
Robinhood,
short selling,
Wall Street
Friday 5 February 2021
GameStop: what it reveals about the US stockmarket - The Economist
The frenzied rise of GameStop’s share price baffled Wall Street and panicked the US Treasury. What does the GameStop story reveal about American stockmarkets? "Economist" experts answer your questions.
Labels:
GameStop,
regulation,
Robinhood,
short selling,
stockmarket
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