Wendy’s and Clover Health Go Through Meme Stock Rally

Shares of the health care company Clover Health Investments and fast-food chain Wendy’s have become the latest meme darlings hyped up by online retail investors. On Tuesday, June 8, Wendy’s shares rose suddenly by 16% and Clover Health shot up…

Nvidia Revenue Shoots Up 84% as Demand Rises

If you’ve been paying attention to Nvidia (NASDAQ: NVDA) recently, you might have seen the news that the company reported its first-quarter results as its sales have gone up 84% compared to this time last year. During the week of…

Stocks Market Opens up to a Boost as Reopening Continues

On Monday, May 24, 2021, the stock market got a boost as technology stocks went up as well as stocks that benefit from the economic reopening. Several indexes have benefited from this rise as the Dow Jones Industrial Average went…

The Recent Inflation in a Post-Pandemic World

If you have been paying attention to the news recently, you’ve probably seen politicians, bankers, whoever else talking about the recent inflation issues that have been plaguing industries. The COVID-19 set the world economy back as it heavily disrupted the…

GameStop and AMC Short Seller Have Accrued Almost $1 Billion in Losses

The legend of GameStop and AMC stock continues as new data from financial analytics firm ORTEX estimates that investors have lost $930 million on their short position for the aforementioned shares. In fact, investors lost $210 million in AMC shorts…

AT&T Shares Drop as it Merges WarnerMedia with Discovery

Telecommunications giant AT&T recently announced that it will trim away its WarnerMedia assets and combine it with Discovery, Inc to create a new standalone media company much to the delight of Hollywood. As a result, AT&T’s shares went up 5%…

Stock Market Takes Biggest Hit Since February

Concerns about inflation plagued the minds of investors as many sold off big tech stocks which, in turn, dragged down United States indexes for the second day in a row. As of the 4:00 pm close on Tuesday, the Dow…

Ethereum and Dogecoin Hit New Records

Ethereum and Dogecoin have reached new heights while Bitcoin struggles to get it going according to CoinDesk’s cryptocurrency price tracker. At the time of this writing, Ethereum has gone up 1.72% in the last 24 hours and Dogecoin flew up…

Massachusetts Wants to Revoke Robinhood’s License, Hits Back with Lawsuit

The bad times continue to roll on for online brokerage app Robin Hood as the state of Massachusetts seeks to revoke its broker-dealer license. State regulators state the company targets inexperienced investors to make risky trades with no limits and…

Data Suggests Stimulus Checks Aren’t Going to Stocks

It looks like the hype train has finally reached its last stop and the stock market might start to cool down. According to data from Vanda Research, a global research company that specializes in investment analysis, shows over the past…