Brokers took steps to restrict the trading in GameStop stock and options and other related names caught up in a flurry of trading activity that has captivated the attention of Wall Street and caused big losses for hedge funds. In some cases, investors would only we able to sell their positions and not open new
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After a year in which a pandemic and politics posed challenges unlike the U.S. has seen in generations, the economy closed in fairly good shape. Gross domestic product, or the sum of all goods and services, increased at a 4.0% pace in the fourth quarter, slightly below the 4.3% expectation from economists surveyed by Dow
If you love your science fiction with a heaping side of humor, then you’ve come to the right place! Many people immediately think of Douglas Adams when they think of funny sci-fi books, but there are so many more light-hearted sci-fi books out there that deserve a wide audience, beyond The Hitchhikers Guide to the Galaxy!
Ramin Talaie | Bloomberg | Getty Images GameStop soared yet again, topping $450 apiece in premarket Thursday, as the Reddit-driven retail momentum continued to heat up. Shares of the brick-and-mortar video game retailer reversed losses in overnight trading, with it last jumping 31% to $451.10 in premarket trading. The move followed a more than 130% rally
This post was originally published in our YA newsletter, What’s Up in YA. Sign up for it here to get YA news, reviews, deals, and more! In the latest episode of Hey YA, Hannah brought up a book set in the 1970s and how that’s a time period we don’t see portrayed much in YA
People wear protective face masks outside McDonald’s in Times Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 18, 2020 in New York City. Noam Galai | Getty Images McDonald’s is expected to report its fourth-quarter earnings before the bell on Thursday. Here’s what
Do you love a YA book with a fast pace and intriguing mystery at its heart? So do we, which is why we compiled this list of 15 of the best YA thriller books in varying sub-genres from the last few years! Escape to a different place and time where every moment counts, and high
A man passes by a Banana Republic store, which is going out of business, in New York, January 10, 2021. Scott Mlyn | CNBC One retail research and advisory group is forecasting there could be as many as 10,000 store closures announced by retailers in the United States this year, which would set a new
SINGAPORE — Vietnam is likely the top-performing Asian economy in 2020 — a feat that was achieved without a single quarter of economic contraction at a time when many economies globally were weighed down by the coronavirus pandemic. Not every Asian economy has reported fourth-quarter and full-year economic numbers. But estimates compiled by CNBC from
Keystone-France | Gamma-Keystone | Getty Images) Barclays CEO Jes Staley has compared the pent up demand currently in the global economy to the end of the 1918 flu pandemic and the subsequent “Roaring 20s.” Speaking on a panel at the World Economic Forum’s virtual Davos Agenda event, Staley laid out the British lender’s expectations for
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold (-0.27%) and silver (-0.95%) are once again in the red leading into the EU open as price action during
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures fell slightly in overnight trading on Wednesday as the market is poised to extend a sharp sell-off amid concerns about heightened speculative trading. Futures on the Dow Jones Industrial Average traded 10 points lower. S&P 500 futures dipped 0.2% and Nasdaq
Customers try out iPhone 12 smartphones at an Apple store on October 23, 2020 in Shanghai, China. Wang Gang | Visual China Group | Getty Images GUANGZHOU, China — Apple raked in its highest ever revenue in the greater China region in the December quarter as a record number of iPhone upgrades helped the U.S.
The pandemic may be raging, but Hamptons real estate couldn’t be healthier. In just three months, from October to December, people snapped up an eye-popping $2.159 billion worth of property on the East End, with the sale of just 844 homes. That’s up 133% from the last quarter of 2019, when folks spent $924.82 million
A monorail train displaying Google signage moves past a billboard advertising Apple iPhone security during the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Monday, Jan. 7, 2019. Bloomberg | Bloomberg | Getty Images The long-awaited privacy update to Apple’s iPhone and iPad operating systems that could dramatically hurt mobile advertising is
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images Don’t count Elon Musk among the investors who think Tesla is overvalued, even with the stock up almost 700% in the past
A GameStop store in New York. Scott Mlyn | CNBC GameStop and AMC Entertainment tumbled in overnight trading on Wednesday, set to give back some of the meteoric rally amid a retail buying frenzy. Shares of the brick-and-mortar video game retailer dropped 18% in extending trading, following a 134% gain during regular hours. The movie
Apple reported blowout earnings on Wednesday. Even during a global pandemic, every single product line was up, leading to the company’s first quarter with over $100 billion in sales. But Apple is still best known for the iPhone, which accounted for nearly 59% of the company’s revenue during the holiday quarter. The iPhone is booming,
Rafael Henrique | SOPA Images | LightRocket via Getty Images “Wallstreetbets” Reddit chat room, where retail investors marshal against short sellers, went private on Wednesday evening, limiting access to outsiders. The community gathered an army of rookie day traders who go after heavily shorted stocks, pushing share prices higher and squeezing out short-selling hedge funds.
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. Ding Ting | Xinhua News Agency | Getty Images Tesla is expected to
Rosario Dawson is finally letting go of her West Coast life for good after selling her Marina Del Rey home for $2.3 million. “The Mandalorian” star has formally moved across the country to live with Sen. Cory Booker in Newark, New Jersey. The two began dating at the end of 2018. Dawson, 41, first bought
Apple CEO Tim Cook reveals the new iPhone 12. Source Apple delivered its largest quarter by revenue of all time on Wednesday at $111.4 billion in its first-quarter earnings report for fiscal 2021. It’s the first time Apple crossed the symbolic $100 billion mark in a single quarter, and sales were up 21% year-over-year. Apple stock declined less than a percent in
Have you ever thought about getting rare books appraised? With many of us spending more time at home than ever, home organization projects are certainly beckoning. When boxes in attics, basements, and garages see sunlight for the first time in ages, treasures sometimes sparkle among the junk. If you’ve come across an old or unusual