
Business / Financial Markets Jul 10, 2021
Inspired by Reddit forum WallStreetBets, members of a 122,000-strong community hope to corner the silver market and bring down what they say is an unjust banking system.
Inspired by Reddit forum WallStreetBets, members of a 122,000-strong community hope to corner the silver market and bring down what they say is an unjust banking system.
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.
Beyond Reddit, day traders turn social media platforms into squawk boxes
Thousands of "amateur" investors congregate on Facebook, Instagram, WhatsApp, Signal, Telegram, Discord, Clubhouse, Slack and other platforms to trade tips away from the public eye.