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Ja Rule, Alexandria Ocasio-Cortez, And Donald Trump Jr. Unite In Slamming Wall Street For Halting GME Sales

Ja Rule, Alexandria Ocasio-Cortez, And Donald Trump Jr. Unite In Slamming Wall Street For Halting GME Sales

The stock-trading platform Robinhood and other Wall Street brokers are coming under fire after blocking users from buying GameStop and other stocks that have become a target for the Reddit community r/WallStreetBets — even uniting two figures from far ends of the political spectrum and a rapper in opposition to the move. Users on the […]

3y ago

Anthony Scaramucci Predicts That GameStop Gate Is The ‘French Revolution Of Finance’

Anthony Scaramucci Predicts That GameStop Gate Is The ‘French Revolution Of Finance’

Former White House Press Secretary Anthony Scaramucci claimed on social media that the coordinated effort to inflate the price of GameStop stocks is the start of the “French Revolution” in the business world. As was previously covered by The Inquisitr, Wall Street was stunned on Wednesday after a large number of members from Reddit group […]

3y ago

GameStop Stocks Surge Thanks To Reddit-Fueled Frenzy

GameStop Stocks Surge Thanks To Reddit-Fueled Frenzy

Video game retailer GameStop continued its meteoric and unexpected stock surge on Wednesday morning, with the price of shares surging another 130 percent in pre-market trading, as reported by Reuters. The jump is part of a two-week trend fueled by amateur investors and has seen the company’s stock rise by 700 percent. GameStop, and BlackBerry […]

3y ago

JP Morgan CEO Jamie Dimon Says He Is ‘Scared Sh*tless’ Over Big Tech’s Move Into Finance

JP Morgan CEO Jamie Dimon Says He Is ‘Scared Sh*tless’ Over Big Tech’s Move Into Finance

JPMorgan Chase CEO Jamie Dimon has expressed his fears about the future of both traditional banks and the country at large following the growth of Big Tech into the financial industry. The companies referenced by Dimon include well-known behemoths such as Amazon, Apple, and Google in addition to more business-focused apps such as Square, Stripe, […]

3y ago

Billionaire Investor Warns ‘There’s Just Too Much Debt In The System,’ Predicts Stock Market Will Suffer

Billionaire Investor Warns ‘There’s Just Too Much Debt In The System,’ Predicts Stock Market Will Suffer

Billionaire investor Leon Cooperman, who serves as the chairman and CEO of Omega Advisors, has warned that he is pessimistic about the long-term future of the stock market due to “too much debt” in the United States’ business and financial systems. According to CNBC, Cooperman specifically pointed to the combination of the U.S.’s increasing national […]

3y ago

US Stock Market Rallies Despite Uncertainty Of Closely Contested 2020 Presidential Election

US Stock Market Rallies Despite Uncertainty Of Closely Contested 2020 Presidential Election

U.S. stocks have rallied recently despite the ongoing uncertainty over whether Donald Trump or Joe Biden will win the 2020 presidential election. According to CNN Business, Wall Street was facing a difficult period earlier in the week as the unpredictability of counting votes in key battlegrounds could have taken days or weeks, which subsequently affected […]

3y ago

‘Mad Money’ Host Jim Cramer Warns Next Few Days Will Be ‘One Of The Most Confusing Weeks Of My Career’

‘Mad Money’ Host Jim Cramer Warns Next Few Days Will Be ‘One Of The Most Confusing Weeks Of My Career’

Mad Money host Jim Cramer has claimed that he already feels as if the upcoming 2020 U.S. presidential election will mark “one of the most confusing weeks” of his career. The confusion extends beyond politics. As was covered by CNBC, Cramer explained that markets do not like uncertainty, and a fiercely partisan election would likely […]

3y ago

‘My401K’ Trends After Donald Trump Claims Retirement Accounts Will ‘Crash’ With Joe Biden At Helm

‘My401K’ Trends After Donald Trump Claims Retirement Accounts Will ‘Crash’ With Joe Biden At Helm

Donald Trump warned Americans that voting for Joe Biden will negatively impact their 401(k) savings and could kick millions of people off private health care. As a result, social media users began tweeting messages with the hashtag “My401K” to express how the president’s job over the past four years has impacted their lives. “Your 401k’s […]

3y ago

Donald Trump Slams The Federal Reserve As ‘Wrong So Often,’ Says He Does ‘Much Better’

Donald Trump Slams The Federal Reserve As ‘Wrong So Often,’ Says He Does ‘Much Better’

Donald Trump took to Twitter to criticize the Federal Reserve this morning while also providing hope that the U.S. would soon have both a vaccine and therapy for COVID-19. “The Federal Reserve is wrong so often. I see the numbers also, and do MUCH better than they do. We will have a very good Third […]

3y ago

Andrew Cuomo Rings The Bell To Reopen The New York Stock Exchange

Andrew Cuomo Rings The Bell To Reopen The New York Stock Exchange

On Tuesday morning, New York Governor Andrew Cuomo rang the bell to reopen the New York Stock Exchange (NYSE), which has been closed for two months as a result of the coronavirus pandemic, the Associated Press reported. People on the trading floor allegedly cheered as the governor kicked off the first day of in-person trading […]

3y ago

Stock Market Under Donald Trump Remains Slower Than In Barack Obama’s Term, Despite Boasts Of ‘Record’ Highs

Stock Market Under Donald Trump Remains Slower Than In Barack Obama’s Term, Despite Boasts Of ‘Record’ Highs

As 2019 headed toward a conclusion, Donald Trump took to Twitter to boast of what he called “record” gains in the stock market, claiming on December 23 that the market closed “AT ALL-TIME HIGH!” “What a great time for the Radical Left, Do Nothing Democrats to Impeach your favorite President,” Trump complained. Reportedly, Trump boasted […]

4y ago

Donald Trump Repeatedly Warned His Impeachment Would Crash The Economy, But Stock Market Soared Afterward

Donald Trump Repeatedly Warned His Impeachment Would Crash The Economy, But Stock Market Soared Afterward

Donald Trump had warned repeatedly in recent months that if he were to be impeached, the stock market would crater and the economy would crash. Instead, the stock market soared in the weeks since the impeachment process started and another sharp upturn immediately after the House voted to impeach the president. As the Independent noted, […]

4y ago

Just 24 Hours After Saying Impeachment Is Hurting Stock Market, Donald Trump Boasts Stock Market Is ‘Up BIG!’

Just 24 Hours After Saying Impeachment Is Hurting Stock Market, Donald Trump Boasts Stock Market Is ‘Up BIG!’

On Thursday, at the same time that the House of Representatives was voting to formalize rules for the impeachment process against him, Donald Trump took to his Twitter account. Impeachment, he warned, “is hurting our Stock Market,” adding that “The Do Nothing Democrats don’t care!” as quoted by The Washington Post. But approximately 24 hours […]

4y ago

Top Wall Street Investment Firm Predicts Stock Market Rally If President Trump Resigns

Top Wall Street Investment Firm Predicts Stock Market Rally If President Trump Resigns

As President Donald Trump faces an intense impeachment inquiry brought on by House Democrats in response to his July 25 phone call in which he reportedly pressured the Ukrainian president for information on his potential 2020 presidential competitor, analysts are already running the numbers on the consequences of a presidential resignation from office. According to […]

4y ago

Stocks Plunge Amid Fears Of An Upcoming Recession

Stocks Plunge Amid Fears Of An Upcoming Recession

Wall Street was down sharply on Wednesday after weak results from China and Germany prompted fears of a coming recession. According to The New York Times, the S&P was down 1.5 percent, Nasdaq Composite dropped 1.7 percent, and the Dow tumbled 650 points as concerns about the global economy signaled trouble for the U.S. Investors […]

4y ago

Global Financial Meltdown Draws Nearer As U.S. Corporate Debt Balloons

Global Financial Meltdown Draws Nearer As U.S. Corporate Debt Balloons

President Donald Trump recently warned of a stock market crash if he doesn’t win re-election in the 2020 presidential election, per The Inquisitr. The warning was contradicted by a Bloomberg News report that suggests that the stock market has experienced more gains under Democratic Presidents Barack Obama and Bill Clinton than Trump. But that doesn’t […]

4y ago

Financial Expert Hints Trump Family Guilty Of Insider Trading With Advance Knowledge Of Market-Moving Tweets

Financial Expert Hints Trump Family Guilty Of Insider Trading With Advance Knowledge Of Market-Moving Tweets

A financial expert believes that the Trump family members may be guilty of insider trading by using their advance knowledge of Donald Trump’s market-moving tweets to manipulate the stock market. Howard Fineman, an analyst with NBC News, claimed this weekend that Trump’s family members are likely using their knowledge of tweets that rock the stock […]

4y ago

Apple Blames ‘Trade Wars’ For Slowing iPhone Sales

Apple Blames ‘Trade Wars’ For Slowing iPhone Sales

After it temporarily paused trading on Wall Street earlier in the day, Apple warned investors on Wednesday that its performance in the months ahead would not be as high as initially predicted. Fewer iPhone upgrades and other shortfalls were expected in the next quarter, the result of “weakness in some emerging markets,” Apple CEO Tim […]

5y ago

Stock Markets Make Huge Comeback With Dow Jones Making Largest Daily Point Gain In History

Stock Markets Make Huge Comeback With Dow Jones Making Largest Daily Point Gain In History

It’s been a particularly bad December for American markets, but we can now point to Boxing Day as a positive blip on this month’s radar. According to CNN, the Dow enjoyed a 5 percent gain on Wednesday, rising 1086 points for its biggest daily points gain ever. The S&P and Nasdaq saw similar impressive gains […]

5y ago

Stock Market Headed To Worst Year Since George W. Bush Was President, Trump Obsessively Worried About It

Stock Market Headed To Worst Year Since George W. Bush Was President, Trump Obsessively Worried About It

Amid sharp and continued losses, the stock market is now headed toward its worst year since George W. Bush was president. A series of factors have combined to send the stock markets sinking, with the S&P 500 index down 1.5 percent for the year. As Yahoo Finance noted, the current track has the market heading […]

5y ago

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