To defy Wall Street hedge funds and the stocks they bet against, a group of retail investors on Reddit forum r/WallStreetBets rallied together to help drive the stock price of GameStop, AMC Entertainmentand BlackBerry, to name a few. Many traditional investors are concerned by the speculative trading, but billionaire Mark Cuban is not one of
Wealth
Call them the Reddit Rich. GameStop’s parabolic stock surge over the past two weeks, driven partly by the Reddit Wallstreetbets crowd, has created more than $2 billion in personal wealth for the company’s three biggest individual shareholders. While it may not last long, the massive shareholder gains created in such a short time gives new
A preview of Sandro Botticelli’s “Young Man Holding a Roundel” at Sotheby’s on January 22, 2021 in New York City. Cindy Ord | Getty Images An ultra-rare portrait by the famed Italian painter Sandro Botticelli could fetch $80 million or more when it comes up for sale at Sotheby’s on Thursday. The auction marks the
Bill Gates was “very surprised” when he and Dr. Anthony Fauci became the targets of “crazy” and “evil” conspiracy theories related to the ongoing coronavirus pandemic, Gates told Reuters on Wednesday. The billionaire Microsoft co-founder and White House advisor Fauci, the nation’s top infectious diseases expert, have been frequent targets for baseless coronavirus conspiracy theories,
Any successful CEO will tell you that the people you hire can make or break your company. So what are the top traits hiring managers need to look for, and how do they spot them in a candidate? According to Elon Musk, it’s not about what school you went to or your level of education.