WallStreetBets goes dark

WallStreetBets goes dark

After a wild day for public markets driven by Reddit traders commandeering stocks and combatting hedge fund short sellers, the community at r/wallstreetbets no longer has a home on Discord and its Reddit community has been locked down as an invite-only subreddit for...
Tesla’s power businesses are beginning to take off

Tesla’s power businesses are beginning to take off

Tesla just released its latest earnings report, and the results indicate that Elon Musk’s bets on energy storage and solar are beginning to pay off. The storage business was the star of the company’s power plays in the fourth quarter, with quarterly year-on-year...
Daily Crunch: GameStop becomes a meme stock

Daily Crunch: GameStop becomes a meme stock

Reddit users have some fun with the stock market, Facebook predicts advertising challenges and ByteDance is cutting jobs in India. This is your Daily Crunch for January 27, 2021. The big story: GameStop becomes a meme stock GameStop’s stock continued to climb today,...