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Why GameStop Stock Soared 400%

Jan.26 — GameStop Corp. shares rose for a fourth-straight day Tuesday as the retailer’s value moved ahead of 14 members of the S&P 500. Bloomberg’s Emma Chandra reports on “Balance of Power.”

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Jan.26 — GameStop Corp. shares rose for a fourth-straight day Tuesday as the retailer’s value moved ahead of 14 members of the S&P 500. Bloomberg’s Emma Chandra reports on “Balance of Power.”

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15 Comments

15 Comments

  1. Batman

    January 27, 2021 at 8:22 pm

    The little guys are winning! How does it feel to get worked Hedge fund market manipulators?

  2. Amadeus XLO

    January 27, 2021 at 8:30 pm

    ???? ????

  3. Stefan laluna

    January 27, 2021 at 8:34 pm

    when this bubble bursts there will be tears and massive losses

    • Louvendran Chetty

      January 27, 2021 at 11:12 pm

      Well the the purchasers of shares have now collectively become a fund manager. They will have voting rights at the next AGM and be able to change management to turn the fortunes around. So this is far from over. Who better than a bunch of gamers’ that understand the market and product than a bunch of unscrupulous dealers backed by huge capital? If this trend keeps gaining momentum, the oligopoly held by fund managers will be greatly diminished. Sad how some really don’t like the ‘free market’ when it really becomes free.

  4. mrpmj00

    January 27, 2021 at 8:35 pm

    buy Wells Fargo, AMAZON, FACEBOOK, NVIDIA, APPLE
    DON’T drive at all and work remotely. capitol riot means a covid19 petri dish; we need another lockdown. we have Amazon Prime streaming and don’t need to travel or go to a commercial theater and avoid covid19, mass shooting (gun sales doubled in 2020),
    police killing nonwhites like George Floyd, and exploding RVs like in Nashville, capitol rioters bringing pipe bombs

  5. Yogi

    January 27, 2021 at 8:36 pm

    Power to Little GUYS! ????

  6. Amur Ika

    January 27, 2021 at 9:06 pm

    And it will pop

    • D Santi

      January 27, 2021 at 10:25 pm

      avg investor put in $100 bucks. I did it just to destory the hedge funds. I dont care if it goes to zero. This is about sending a message

    • Adele K

      January 27, 2021 at 11:51 pm

      @D Santi I find the political aspect of this both fascinating and kinda inspirational even though I don’t take part. I’m actually calmer now that I know what’s going on. I thought it was mania preceding an epic market crash!

  7. financialdaynews financialdaynews

    January 27, 2021 at 9:13 pm

    VERYY GOOD PRESENTATION!!!!!!!!VERYY GOOD PRESENTATION!!!!!!!!VERYY GOOD PRESENTATION!!!!!!!!VERYY GOOD PRESENTATION!!!!!!!!VERYY GOOD PRESENTATION!!!!!!!!

  8. alex F1

    January 27, 2021 at 9:17 pm

    This is a replay of blockbuster 2000 edition. Doomed to not exist in 5-10 years

  9. Raagow Amin

    January 27, 2021 at 9:42 pm

    ????????????????????????????????????????????????????????????????????????????????????????????????????????

  10. Hubert Walter

    January 27, 2021 at 11:13 pm

    AMC is next

  11. Ains 2

    January 27, 2021 at 11:51 pm

    Is game stop coming back?

  12. abdi

    January 28, 2021 at 1:09 am

    THIS IS THE WAY????????????????????????

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Crusoe CEO: Data Center Indusry Has a ‘Marketing Issue’

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and…

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Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a “marketing issue” and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on “Bloomberg Tech.”
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Former FTC Technologist Warns Against an AI ‘Cartel’

As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and…

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As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on “Bloomberg Tech.”
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Anthropic Investor Franklin: AI Safety Concerns Won’t Slow Spending

Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why…

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Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why heightened AI safety concerns could boost demand for cybersecurity and why she doesn’t expect the debate to derail funding or anticipated AI IPOs. She joins Ed Ludlow on “Bloomberg Tech.”
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