stock market
AI Could 'Harm the Global Financial System, Supply Chain' US Gov Guidelines Say
The new government guidelines present a framework for mitigating AI harms across a wide swath of society.
Reddit Thinks Credit Suisse Is About to Collapse and Trigger a Financial Crisis Like 2008
Investors and traders have pushed down share prices and pushed up credit default swap prices over the past few days.
SEC Charges Owners of Jersey Deli Somehow Worth $100 Million With ‘Brazen’ Fraud
A deli in New Jersey that went viral last year for entering the stock market with a multimillion-dollar valuation is now facing charges.
Reddit Investors Baffled After Tech Company’s Stock Explodes 32,000% for No Reason
Shares in Hong Kong–based tech company AMTD soared from $7.80 to $2,555, and not even the company knows why.
'We Should Stay Far Far Away From This': Robinhood Said of GameStop After Elon Musk Tweeted 'Stonks'
A Congressional report criticizes Robinhood for "troubling business practices, inadequate risk management, and a culture that prioritized rapid growth."
The Crypto Crash Just Got a Lot Worse, And Investors Are Panicking
Crypto lending platform Celsius has halted all withdrawals, helping fuel yet another crypto market sell-off.
Redditors Demand Formal Apology From SEC Over Anti-Meme Stock PSA
"The whole entire market is a meme stock, to label small-mid cap stocks as meme stocks is manipulation in itself through fomentation," a letter to the SEC reads.
Are We Headed for a Recession? Ask Sex Workers.
Some adult content creators say business is down—but it’s hard to say whether it’s the economy or the ongoing war on porn.
WallStreetsBets Discussing How to Profit From Ukraine: ‘Tendies' for US Oil Stocks
Some are hoping for ‘total war’ that would pump US defense contractor stocks and offshore oil drilling.
Now Would Be the Time to Stop Taking Financial Advice From TikTok
Risky stock-picking has become fashionable in the bull market. But betting on winners quickly becomes more dangerous when markets start to struggle.
People Are Taking Out Loans Against Their NFTs—And Defaulting
The endless search for profit is spawning increasingly ridiculous schemes centered on the financialization of NFTs.
The Economy Is Back. Welcome to the Casino
From the stock market, to cryptocurrencies, to sports, and beyond, the pandemic has accelerated the spread of gambling to every corner of society.