GameStop shares plunge as company eyes Bitcoin with new bond offering — investors left scratching headsGameStop plans to raise $1.75 billion by selling bonds to invest more in bitcoin and other business areas. The company already bought over ...
12 Jun, 2025, 09.55 PM IST
GameStop shares surge after $1.3 billion convertible debt offeringThe stock of GameStop gained 0.3 per cent in premarket to $22.16 after the company announced a $1.3 billion capital raise via a 0 per cent ...
28 Mar, 2025, 11.17 PM IST
US stocks close slightly lower; jobs data strong but rates still highWall Street stocks ended slightly lower on Friday after strong U.S. jobs data raised concerns about the Federal Reserve's stance on interes...
08 Jun, 2024, 09.25 AM IST
As S&P 500 breaches 5,000, its valuation hits lofty levels as wellAs the S&P 500 continues to hit fresh milestones with a first-ever break above the 5,000 level, its valuation is reaching new heights as we...
09 Feb, 2024, 07.58 AM IST
The Fed’s moves pumped up stocks. In 2022, it may pull the plugShares soared as interest rates stayed low and stimulus programs helped the economy. But expected changes could make investors wary.
02 Jan, 2022, 10.46 AM IST
Wall Street closes lower ahead of inflation data, Fed meetingThe Dow Jones Industrial Average fell 0.06 points to 35,754.69, the S&P 500 lost 33.76 points, or 0.72%, to 4,667.45 and the Nasdaq Composi...
10 Dec, 2021, 06.53 AM IST
Stock pros are as hedged as ever under record-smashing S&P rallyPurves is referring to the ratio of outstanding bearish to bullish options, which is hovering above its five-year average. Meanwhile the S&...
06 Nov, 2021, 01.25 PM IST
Robinhood makes IPO filing publicRobinhood's IPO filing detailed for the first time how the trading mania, which has swept amateur investors, fueled a four-fold jump in its...
02 Jul, 2021, 08.55 PM IST
Robinhood reveals breakneck growth, legal pitfalls in IPO filingThe company, under scrutiny after this year's trading frenzy for so-called meme stocks such as GameStop, is aiming for an IPO valuation of ...
02 Jul, 2021, 08.41 AM IST
Zombie stocks defy bankruptcy logic as meme traders bid them upRedditors have bid up shares of AMC Entertainment Holdings Inc. and GameStop Corp. so much that it’s saved them -- for now, at least -- fro...
12 Jun, 2021, 01.20 PM IST
Wall Street Week Ahead: High-flying market to take cues from infrastructure plans, upcoming earningsEvidence of strengthening economic and corporate growth could support investor confidence after a quarter that saw solid stock gains but al...
02 Apr, 2021, 05.59 PM IST
How will Swiss National Bank address its trillion-dollar problem?Some of the franc weakness can be traced to recovery bets, but it comes at a time when Swiss bond yields are trading unusually above their ...
21 Mar, 2021, 02.51 PM IST
Gold prices may bounce back towards Rs 50,000 in the medium termGold prices may continue to remain subdued for some more time, as the dollar is expected to be on the stronger side.
04 Mar, 2021, 08.45 AM IST
Should the government try to stop more GameStops?According to plans, members of Congress will seek answers on everything from short selling and market manipulation to short squeezes and th...
18 Feb, 2021, 09.58 PM IST
Fed minutes show willingness to steer past coming jump in inflationThe United States remains under siege from the health crisis, but with new vaccines being distributed and inoculations running at more than...
18 Feb, 2021, 08.00 AM IST
SGX Nifty up 15 points; here's what changed for market while you were sleepingAsian shares rose on Monday, shrugging off a selloff in US stocks on Friday. Stocks jumped despite worries that problems with vaccine rollo...
01 Feb, 2021, 08.04 AM IST
View: Cry, cheer or ignore - what should Indian investors do about what is happening to GameStop? Be afraidWhat is it in for us in India? We have to be wary, on several counts. One is the general proposition that stock prices can be totally delin...
31 Jan, 2021, 02.18 PM IST