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Storm clouds seen from Williamstown

Trading on weather takes off in unpredictable climate

Financial instruments that offer protection from less severe but more common meteorological events are a hit in the market.

  • Lou Del Bello

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Investors shrug off hawkish Federal Reserve comments.

ASX tumbles after miners, energy stocks close on the back foot

Australia’s sharemarket has closed in negative territory, weighed down by energy, IT, and materials stocks, following the Chinese central bank’s decision to keep benchmark rates on hold.

  • Nell Geraets
Elon Musk discussed GameStop on networking app Clubhouse on Monday night.

‘The people demand answers’: Elon Musk grills Robinhood chief executive on GameStop

The world’s richest man questioned the chief executive of trading platform Robinhood over the GameStop sharemarket battle on private social network Clubhouse.

  • Cara Waters
Australian companies are being caught up in a frenzy of retail investors buying US stock GameStop.

Top Aussie fund sold GameStop before market frenzy sent shares into the stratosphere

Paradice Investment Management sold shares in GameStop, just before an extraordinary sharemarket surge lifted the value of its former holding above $1 billion.

  • Dominic Powell and Sarah Danckert
protesters

Revenge of the day traders: What’s the GameStop craze all about?

How has a chain of videogame stores become a sensation? What’s a short squeeze? And why are hedge fund managers so nervous about it all?

  • Alex Druce, Emma Koehn and Dominic Powell
GameStop day traders have been galvanised by a moral crusade.

Wall Street may never be the same after GameStop saga

Depending on whom you ask, the GameStop saga is either a cautionary story about a bunch of reckless nerds destabilising the sharemarket for laughs in a way that is likely to backfire on them spectacularly, or a David-and-Goliath morality tale.

  • Kevin Roose
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Gamestop shares have tumbled after new restrictions were placed by online brokerages.

GameStop, AMC shares sink as Reddit trade runs into restrictions

Shares in several social-media driven stocks that have soared this week are hit hard by new restrictions, but Wall Street rebounded strongly overall.

  • Sagarika Jaisinghani and Shriya Ramakrishnan
Both Republicans and Democrats are concerned about restrictions on purchases of GameStop shares.

GameStop’s Reddit-fuelled surge exposes public anger over Wall Street’s power

Efforts to curb trading by retail investors prompted a swift response from Alexandria Ocasio-Cortez who tweeted: “This is unacceptable” only for far-right GOP Senator Ted Cruz to agree.

  • Matthew Knott
A local company which shares an ASX ticker with US retailer Gamestop has seen its shares surge 50 per cent.

‘Stunned’: GameStop trading frenzy causes local mining company shares to soar

A local mining company has been caught up in the investing craze surrounding US company GameStop thanks to its ASX code matching that of the American video game retailer.

  • Dominic Powell
Chinese billionaire Wang Jianlin saw his fortune soar as AMC Entertainment shares soared by around 300 per cent.

Reddit day trader army fattens fortunes of the super-rich

A horde of traders on Reddit that see themselves as sticking it to the establishment by hunting for heavily shorted stocks is adding billions to the wealth of some of the world’s ultra-rich.

  • Ben Stupples

Original URL: https://www.brisbanetimes.com.au/topic/day-trading-1nna