As Reddit traders continue to wage battle against Wall Street, individual investors are calling on one another to ‘hold the line’ and avoid selling any of the heavily shorted stocks that were restricted on Robinhood Thursday morning. The calls came as […]
In what many are calling market manipulation, the free-trading app Robinhood just halted the trading of GameStop stocks on its platform. The fintech startup unlisted the stock and several others. People are angry and retail investors are crying foul. According […]
Online app-based trading platforms see a surge in usage as Redditors and little guys stick it to Wall Street. A breed of upstart apps like Robinhood, WeBull, and Freetrade have gained in popularity in recent weeks as Reddit army of more than […]
Electric-vehicle startup Faraday Future becomes the latest EV company to join the so-called special purpose acquisition companies (SPACs). Today, the Gardena, California-based Faraday Future announced it will go public through a merger with Property Solutions Acquisition Corp in a deal valuing […]
Huawei is a Chinese multinational technology company that provides telecommunications equipment. In May 2019, we wrote about Huawei after Google suspended some business activity with Huawei, killing the Chinese company’s giant global smartphone ambitions. The suspension came after former President Trump declared […]
You guys are probably tired of reading about GameStop, Gamestonk, Wall Street bigwigs, and the WallStreetBets (a Reddit army of over 2 million users). The point is, if you are a startup founder or investing your money in some kind […]
German mobile bank N26 reaches a new milestone this month as the Peter Thiel-backed startup surpasses 7 million customers across the EU and the US despite the coronavirus pandemic. Late last year, the startup launched N26 Smart, a new premium digital […]
Just when you think the insanity about COVID-19 testing couldn’t get any worse, China is now rolling out anal swab coronavirus test, saying it is more accurate than the throat method. Are you ready to take down your pants and […]
First, it was the free speech app Parler, now the Big Tech is going after WallStreetBets (r/wallstreetbets) a subreddit where an online group of traders on Reddit with more than two million users discuss stock and options trading. Today, Discord, a VoIP, […]
With the recent record-breaking success of Bitcoin and other popular cryptocurrencies, the world’s central banks are looking into creating their digital currency to fend off the threat coming from cryptocurrencies and ongoing cryptocurrency projects effort from Big Tech such as […]
According to the National Retail Federation, eCommerce demand increased by more than 20% for the 2020 holiday season, accounting for upwards of $200 billion in spending, as droves of consumers went online during the pandemic. Online retailers, particularly small and […]
Berkeley SkyDeck Fund, the official investment partner for top global startup accelerator UC Berkeley SkyDeck, is proud to announce a major milestone today. The $23.5 million-fund has completed more than 100 investments in just three years, making it one of […]
It’s a battle of David versus Goliath as WallStreetBets, a Reddit army of more than two million users, crushed Wall Street hedge funds and other investment bigwigs. Following the group’s success in driving up the stock price of GameStop to more than […]
The number of electric vehicles on U.S. roads is projected to reach 18.7 million in 2030. As electric vehicles gain mainstream adoption, more charging stations are going to be needed to power millions of new electric cars on the roads. FreeWire […]
Wolt, a Helsinki, Finland-based food delivery app startup, announced it has just raised $530 million in a financing round to expand beyond the restaurant and branch into groceries. The announcement comes following Wolt’s rapid expansion within the grocery and retail sectors during 2020, […]
As of 2020, only 30 percent of international consumers are ultimately able to secure US home loans. And if they do get approved, they often suffer from high-interest rates or a cumbersome customer experience. One startup wants to change that. […]
Yesterday, we wrote about how a flailing video game chain GameStop went from losing $470 million a year ago to becoming a $7.05 billion company by market cap. At the time of writing (about 3:PM EST), GameStop was trading at $116.20. Then at […]
Finding investors for your startup can be hard and very challenging. One of the traditional avenues for founders to raise funding for their startups is through venture capital firms. Venture capital (VC) is a type of private equity financing that is […]
The infamous r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where an online group of traders on Reddit with more than two million users discuss stock and options trading. In recent weeks, the group was able to outsmart a […]
Just about an hour ago, we wrote about how a flailing video game chain GameStop went from losing $470 million to become a $7.05 billion company by market cap. Now, Elon Musk just added fuel to the fire. In a tweet […]