Robinhood is narrowing its list of restricted stocks, but will still impose limits in buying shares of heavily shorted GameStop Corp. and AMC Entertainment Holdings Inc. stocks when trading opens Monday.
The chief executives of Exxon Mobil Corp. and Chevron Corp. spoke last year about combining the oil giants, according to people familiar with the talks, testing the waters for what could be one of the largest corporate mergers ever.
‘The arrival of vaccines won’t automatically flip a switch to put the world back on its pre-COVID path,’ said Scott McKenzie, global intelligence leader at Nielsen.
‘Young people almost consistently are expressing more comfort in nearly every question that we’ve asked,’ said Joanna Piacenza, senior editor at Morning Consult.
Champions of GameStop’s jaw-dropping stock surge portray it as a victory by long-suffering mom-and-pop investors over nefarious Wall Street institutions, but some veteran market observers question who, exactly, is getting played.
Reddit’s WallStreetBets is really the same old story — a concerted effort of market manipulators who will get rich and surely destroy some unwitting participants in the process.