Business Contents Archive

William Galvin, the Secretary of the Commonwealth of Massachusetts -- suggests there is something “systemically wrong” with the GME squeeze

Forgive me if I am wrong, but isn't this America and isn't this a free market?? Isn't this what Wall Street does on a regular basis? They can short stocks with 140% float and retail can't exploit the opportunity? Get out of here... [Link to article](https://www.barrons.com/articles/gamestop-trading-could-be-systemically-wrong-massachusetts-state-regulator-says-51611705870)

You know the old saying? Well, it turns out money *can* buy you happiness — and the more you have, the better. An academic paper published this week, using data collected via the iPhone app Track Your Happiness, found a link between emotional well-being, life satisfaction and income. The study also found that the link holds up the more money you have — rather than plateauing after your household income reaches a certain level, as suggested in previous studies. Link in bio for more. (via businessweeK) 📷: vgajic/E+/Getty Images

Apple reports blowout quarter, booking more than $100 billion for the first time

Absolutely massive earnings; that's why I always keep Apple shares on hand. Looks like they're extracting a ton of monetization from both hardware and services. https://www.cnbc.com/2021/01/27/apple-aapl-earnings-q1-2021.html?__source=androidappshare

Fired a customer today, and it felt awesome

We canceled an order today and told the customer that we will not be filling any of his future orders. He has sued one competitor for "emotional distress" and abused the chargeback system to get free product from another competitor. Also had some shenanigans with us. I will admit that I got some person satisfaction out of it, but really feel that it's what's best for the business as well.

The GameStop effect is extending to AMC. The theater chain soared 300% at the open to the highest since 2018 https://t.co/zX7fFzxXYJ https://t.co/FaHW96eMxk

Elon Musk and Jeff Bezos are duking it out before U.S. regulators over celestial real estate for their satellite networks. Musk's SpaceX and Bezos's Amazon are both working on systems to beam internet service from space. Thanks to the personalities involved, a dispute about orbit altitudes — the kind of thing normally confined to regulatory filings — is spilling into public view. In the latest escalation, Amazon accused SpaceX of trying to "smother competition." Musk was not impressed. Link in bio for more. 📷: Robyn Beck/Pool via Bloomberg, Mandel Ngan/AFP via Getty Images

Things are getting weird on the stock market. Tiny stocks like GameStop, Tootsie Roll and AMC are surging thanks to a rise of small scale traders using apps like Robinhood to get into the market. Some day traders are targeting companies established funds on Wall Street may be shorting. Organizing in forums like Reddit’s WallStreetBets, their activities are changing how markets work. Is it all just a game, or can the small traders really outweigh the Wall Street whales? Click the link in our bio to read more.

One trader on Reddit turned $53,566 into tens of millions. This is the story of how WallStreetBets pushed GameStop shares to the moon https://t.co/X8Loe0gkJZ

Step out of your comfort zone.

BREAKING: French drugmaker Sanofi agrees to produce more than 125 million doses of BioNTech and Pfizer's coronavirus vaccine for the European Union in an unusual collaboration https://t.co/ZHBqMbuHnd https://t.co/uFDde76ZY6

A farmer holds a sword at the historic Red Fort in Delhi, India, during a protest against farm laws introduced by the government, January 26, 2021.  📷 adnanabidi #delhi #protest #reuters #reutersphotos #india #farmersprotest

In today's newsletter, I wrote about why Wall Street Bets propelling GameStop and other stocks higher is very different to people chatting up DotCom stocks during the Tech Bubble. https://t.co/NCk6dphcIR https://t.co/rlxdkPqgbh

The fall of Melvin and the aftermath.

With melvinf filing bankruptcy and the 2 billion bailout they got up in smoke , what would you expect to fall/crash and be ready for a pick-me up? Melvin has cancelled all it's baba positions so I expect baba to take a small tumble . What else has Melvin affected that would be worth to invest in?

This is a chart of the 50 most shorted stocks It's up 350% since March, up 57% this month, and up 12% today https://t.co/iRhsAtFJF4

Retail investors have bought into a $20 billion bubble with GameStop. A lot of them are going to lose a lot of money. Why are people cheering this on like the little guy is sticking it to the man? https://t.co/aEOdf8zxXI