AMC Entertainment’s stock jumps to 25% post week long rally
Iconic theatre chain AMC Entertainment Holdings skyrocketed to double digits on Monday as speculative trading activity in the struggling movie…
Money
Interactive Brokers chairman Thomas Peterffy warns against investing in ‘meme’ stocks
In his interview, Interactive Brokers founder and chairman Thomas Peterffy said that “It is extremely tempting to short these stocks,…
Securities and Exchange Commission looks out for manipulation in share market
The US Securities and Exchange Commission is looking at the share market and observing if there are any signs of…
Elon Musk criticised for his practices with Cryptocurrency
After the announcement that Tesla will not be trading with Cryptocurrencies and Elon Musk’s full support to governments who are…
Fluctuation observed in Colony Capital Inc. stocks since the beginning of this year
Since the beginning of this year, the share prices of the company have seen an increase of 61.15% up until…
AMC Entertainment completes new share offering after raising $587.4 million
Movie theatre chain AMC Entertainment said it has completed its new stock offering declared just on Thursday morning after raising $587.4…
Biden request to boycott interest in 59 Chinese guard and tech firms
The Biden organization will give another leader request on Thursday that boycotts U.S. elements from purchasing or selling traded on…
IMF and World Bank tell G7 to turn the surplus of COVID 19 vaccines to developing countries
In order to help other nations in need for vaccines against the novel Coronavirus, International Monetary Fund (IMF) and The…
EIA says US crude oil stocks dropped, Gasoline take a spike
In their weekly summary on Petroleum, Energy Information Administration stated that the output by refineries was substantially increased, but stocks…
AMC stocks dip after they decide to sell 11 million shares
The market value of the company as of now is above $31 billion, after seeing an exponential bump in their…
Dollar remains unmoving, employment data awaited
After a seven-week low, dollar rates have stopped movement. The traders are reluctant to make their decisions without any data…
Apple’s billing and sales amount to $643 billion for the year 2020
Apple Inc. saw an increase of 24% in their billings and sales and according to experts, these figures have a…
Oil and gas stocks convey $126 bln cost for Norway’s sovereign asset
Norway’s sovereign abundance reserve passed up $125.8 billion in possible returns over a long term period by putting resources into…
Bed Bath & Beyond’s shares skyrocket by about 50%
Shares of retail store company Bed Bath & Beyond skyrocketed by around 50% in trading on Wednesday after many meme…
Three Bulgarians, 64 companies sanctioned for corruption in the US
In their press release, the Treasury Department lists Bulgarian businessman and oligarch- Vassil Kroumov Bojkov, former Member of Parliament- Delyan…
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