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In an ongoing fight between amateur investors and Wall Street hedge funds, hedge funds got the upper hand this week. Florida Atlantic University professor Rainford Knight explains the stock market drama connecting Reddit users, institutional investors — and potentially Congress.
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The video game retailer's shares shoot up, the online broker Robinhood struggles for cash and securities regulators issue a stern warning for anyone trying to game the market.
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GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.
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Traders are wearing masks and must undergo a health screening before entering the New York Stock Exchange, which shifted to electronic trading in March because of COVID-19.
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Fearless Girl appeared across from the Charging Bull on the eve of International Women's Day in 2017. It has now been removed and will be placed in front of the New York Stock Exchange.
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U.S. stocks indexes headed lower again after a global sell-off overnight triggered by a plunge in U.S. stocks the day before.
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Stock fraud, quarterly financial results and crypotcurrencies were a few of the topics ¸Û°ÄÌìϲÊdiscussed with the chairman of the Securities and Exchange…