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Tag: trading
Why Nvidia’s ‘gravy train’ could come to ‘screeching halt’ after a volatile trading week
Nvidia’s (NVDA) stock went on a wild ride this week as shares reversed direction from all-time highs and Wall Street continued to debate how much more the chip giant can add to its record-setting rally. “The stock’s steep climb makes it vulnerable to profit taking, but we argue any volatility [is] likely to be short-lived,” […]
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Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow’s financial lifelines
The Wednesday party took place in Moscow.Getty Images Russia’s Moscow Exchange halted dollar and euro trading on Thursday. That’s after the US announced a broad sanctions package, which included the central exchange. Although Russians can still buy dollars over-the-counter, this will make exchange rates pricier. Russia’s central exchange has barred dollar and euro trading, spelling […]
GameStop Calls ‘Roaring Kitty’ Claimed to Own See Trading Flurry as Shares Dive
(Bloomberg) — The GameStop Corp. calls that Keith Gill — known online as ‘Roaring Kitty’ — purported to own traded huge volumes late Wednesday as the firm’s shares dove in the final stretch of trading. Most Read from Bloomberg GameStop $20 calls expiring June 21 traded 93,266 times, with most of that happening after 3:30 […]
GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
(Reuters) – GameStop said on Tuesday it had completed an “at-the-market” equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme stock influencer Keith Gill’s first livestream in three years. Shares of the videogame retailer, which has been at the center of the meme stock frenzy, rose more than […]
GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
(Reuters) – GameStop said on Tuesday it had completed an “at-the-market” equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme stock influencer Keith Gill’s first livestream in three years. Shares of the videogame retailer, which has been at the center of the meme stock frenzy, rose more than […]
Barclays Warns Treasuries Overhaul Will Stunt Systematic Trading
(Bloomberg) — A sweeping regulatory change that’s set to rewire the way US Treasury trades clear will likely stunt advancements in sovereign bond electronic trading strategies, according to Barclays Plc. Most Read from Bloomberg The Securities and Exchange Commission’s overhaul is intended to strengthen the resilience of the $26 trillion US Treasuries market after a […]
Nvidia begins trading Monday after 10-for-1 stock split
Nvidia (NVDA) shares began trading Monday on a new 10-for-1 split basis, revising the stock from its Friday closing price of $1,208.88 to $120.88. The split means that owners of Nvidia common stock held as of the close of market on Thursday received 10 shares for each one share they held. For example, if a […]
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