
Business May 15, 2022
Tech titans curb hiring in a 'challenging macro environment'
Corporate belt-tightening is a common theme as big tech firms reported earnings from the first three months of this year.
Tech titans curb hiring in a 'challenging macro environment'
Corporate belt-tightening is a common theme as big tech firms reported earnings from the first three months of this year.
Crypto attracts more money in 2021 than all previous years combined
Venture capital funds have poured about $30 billion into crypto, or more than in all previous years combined for the little more than a decade-old technology.
GameStop and other Reddit-favored stocks plunge as trading frenzy fizzles
Analysts predicted that the market frenzy, which has drawn the attention of regulators and politicians, was likely to fade, and said it was just a question of how soon.
GameStop's 'Reddit rally' puts scrutiny on social media forums
Social media services restrict discussions about weapons, drugs and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks.
Trading curbs by Robinhood reverse GameStop rally, angering upstart traders
Investors claimed that the very apps that had democratized trading — Robinhood in particular — were now doing the bidding of Wall Street.
GameStop's ‘French Revolution’ is a crypto-farce
If WallStreetBets is checkmate for old-school finance, then surely they'd want to win fair and square.
Four things to know about the GameStop insanity
The stock moves come from a mix of traditional investing, rampant enthusiasm, stock-market mechanics and the belief that anyone can meme a fortune into existence.