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Robinhood CEO Defends Actions in GameStop Saga at Hearing
The CEO of Robinhood defended the trading platform to Congress Thursday for its actions during the GameStop trading saga, while apologizing to customers for restricting their ability to trade at the height of the frenzy
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In the Crosshairs: NYC Charity With Similar Name Gets Mistaken for Robinhood App
Days ago, our eyes were turned to the stock market as we watched the bizarre GameStop saga unfold. For reasons not entirely known, a group of Reddit users successfully managed to inflate the value of GameStop stock, a previously underperforming company that had low market value. By banding together and buying into GameStop stock, they managed to surge the value…
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Noah Centineo to Star in a New Movie About the GameStop Stock Controversy
Noah Centineo will star in a new Netflix film about the Redditors that spiked the GameStop stock last week in their crusade against hedge funds.
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Meet the 10-Year-Old Who Made $3,000 From GameStop Stock
Jaydyn Carr, a fifth-grader from San Antonio, watched the GameStop stock he received as a gift from his mother skyrocket more than 5,000%.
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For GameStop Day Traders, the Moment They've Dreamed About
Nearly a decade after the Occupy protest movement left Wall Street more or less unscathed, the citadel of financial might faces a new assault
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Texas Investor Uses GameStop Gains to Help Sick Children
Amid the Wall Street drama surrounding GameStop and Robinhood, some investors taking part in the GameStop short sale are using their proceeds to do good deeds for others.
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A TikTok Finance Expert Breaks Down the Wall Street Drama Around GameStop and Robinhood
If you’ve been having trouble following the Wall Street drama around GameStop and Robinhood, you’re not alone. So we called on Apple Crider, who gives financial advice on YouTube and TikTok, to explain what it all means.
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Wall Street Firms Try to Stop GameStop Short-Sell Frenzy
For retail traders, scoring a share of GameStop is probably just about as hard as getting a PlayStation 5, now that several brokerage firms have tried to stop a short-sell frenzy on the company’s stock. Chris Glorioso reports.
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Brokerages Limit Trading in GameStop, Sparking Outcry
Robinhood and other online trading platforms are moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors
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GameStop's Rollercoaster Explained
Last week GameStop was just another retailer struggling to survive during the pandemic. Now, it’s the most talked about company in the world of big finance.
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GameStop Short Squeeze: Wall Street's David and Goliath Story Explained by an Expert
Wall Street has been rattled this week by an organized campaign by small investors to take on large hedge funds by driving up shares of GameStop and other struggling retailers. Michael Moe, CEO of the Silicon Valley investment platform GSV, explains what average investors should take away from this Wall Street battle royale.
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How Redditors Used GameStop to Take Down a Billion Dollar Hedge Fund
An army of smaller-pocketed, optimistic investors, largely fueled by Reddit, is throwing massive dollars and buy orders at the stock of GameStop — in direct opposition to a group of wealthy investors who are counting on the stock price to plunge.
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Game Over: GameStop to Close Up to 200 Stores by Year's End
The company currently operates over 5,700 stores across 14 countries. GameStop has closed 195 stores since the second quarter of last year.
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Car Crashes Into Westchester Video Game Store; Several Hurt
An out-of-control car drove into a GameStop store in Westchester County on Sunday afternoon, injuring several workers and customers inside, officials and witnesses said.
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Car Crashes into NY GameStop Store
A car crashed into a GameStop store in Westchester County on Sunday. Ida Siegal reports.
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Brick-and-Mortar Stores Are Closing
Some major retailers, struggling to compete with online companies, have been forced to close brick-and-mortar locations. Here are some of the biggest names affected by the change in consumer habits.
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Xbox One Controller Chargers Recalled Over Burn Hazard: CPSC
About 121,000 Xbox One video game controller battery chargers are being recalled due to a burn hazard, officials say.
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Consumer Reports: Best, Worst Stores for Gift Returns
Consumer Reports checks out the five best and the five worst major retailers for returns. Among the best are Nordstrom and L.L. Bean, which both allow returns with no receipts and no time limit. Sears and Barnes and Noble are listed as among the worst retailers to return items to for their more restrictive policies.
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'Very Lucky': San Francisco Police Officer Survives Gunshot Wound to Head
An officer was shot and injured in San Francisco on Friday night, according to police.