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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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Bloomberg Technology

Intel’s Big Raise, Apple’s iPhone Roadmap | Bloomberg Tech 8/11/2026

Bloomberg’s Ed Ludlow breaks down Intel’s upsized $20 billion share sale, raising a third more than it was targeting when it announced the deal on Monday. Plus, sources tell Bloomberg that Apple’s glass-centric iPhone overhaul is still on track for 2027, even after an analyst’s report said it had been cancelled. And, drone startup Neros…

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Bloomberg’s Ed Ludlow breaks down Intel’s upsized $20 billion share sale, raising a third more than it was targeting when it announced the deal on Monday. Plus, sources tell Bloomberg that Apple’s glass-centric iPhone overhaul is still on track for 2027, even after an analyst’s report said it had been cancelled. And, drone startup Neros raises $250 million in a funding round that triples its valuation.

00:00:00 – Bloomberg Tech Begins
00:01:08 – Ian King, Bloomberg News
00:03:39 – Carol Schleif, BMO Wealth Management
00:10:56 – Anurag Rana, Bloomberg Intelligence
00:14:01 – Spencer Soper, Bloomberg News
00:17:04 – Chris Pavlovski, Rum Group CEO
00:23:00 – Denitsa Tsekova, Bloomberg News
00:26:28 – Olivia Solon, Bloomberg News
00:30:17 – Soren Monroe-Anderson, Neros CEO & Shaun Maguire, Sequoia Partner
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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RUM Group’s $3 Billion AI Opportunity

RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company’s Quake AI business, its push to monetize more than 250 megawatts of power capacity and what he calls a $3 billion annual…

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RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company’s Quake AI business, its push to monetize more than 250 megawatts of power capacity and what he calls a $3 billion annual revenue opportunity. He also explains why the company’s Rumble video platform gives it an edge as AI expands into robotics. He joins Ed Ludlow on “Bloomberg Tech.”
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Sequoia Bets on Neros for American Drone Future (Correct)

Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a…

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Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia partner Shaun Maguire join Bloomberg to discuss plans to ramp up drone production, the race to build a US supply chain independent of China, and why they ultimately see a path to producing one million drones a year. They join Ed Ludlow on “Bloomberg Tech.” (Corrects description of Sequoia’s involvement in Neros funding in headline.)
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