GameStop inventory takes off as plans for NFT market come into focus

Enlarge (credit score: GameStop) Two of 2021’s strangest developments are coming collectively Thursday night as GameStop’s inventory surges on a report that it’s working to ascertain an NFT and cryptocurrency… Read more

GameStop FOMO evokes a brand new wave of crypto pump-and-dumps

Enlarge (credit score: peng track / Getty) After the California Gold Rush, in 1870, two Kentucky swindlers whipped up a scheme to prey on thirsty financiers’ FOMO. They invented a… Read more

GameStop (the inventory) and GameStop (the retailer) proceed to be worlds aside

Enlarge / It could take multiple dangerous earnings report back to pop this bubble… The final time GameStop introduced its quarterly earnings, in early December, the inventory market valued the… Read more

Robinhood says Gamestop volatility was a “1 in 3.5 million” black swan

Enlarge / Prepared, take intention, and let fly… (credit score: Aurich Lawson / Getty Photos) Robinhood’s transfer to quickly restrict purchases of GameStop and different extremely unstable shares in late… Read more

Reddit Inventory Merchants Commemorated on Digital Buying and selling Playing cards

Heroes used to get statues. Washington has Abraham Lincoln. Paris has Marianne. London has Admiral Nelson. All stood towards tyranny and in favor of the frequent man. Today, we’re a… Read more

Hedge fund Melvin sustains 53% loss after Reddit onslaught

Enlarge (credit score: Innocenti | Getty Photographs) Melvin Capital, the hedge fund that was wrongfooted by retail merchants who drove up shares in GameStop and different firms it had guess… Read more

No, WallStreetBets isn’t robbing Wall Avenue to assist the little man

Enlarge / A closed GameStop retailer in Frankfurt, Germany, on Friday, Jan. 29, 2021. (credit score: Alex Kraus/Bloomberg by way of Getty Photographs) You have in all probability seen tales… Read more

Microsoft Flight Simulator’s bodily launch spans a whopping ten DVDs

Enlarge / Not proven: 4 extra DVDs of sport information, for those who can imagine it. (credit score: Aerosoft) European gamers who need to play Microsoft’s upcoming Flight Simulator reboot… Read more