TOP MARKETS NEWS: Week 01/25 – 01/31

January 24, 2021
  

Weekend 01/30 & 01/31

EU Tightens Controls On Vaccine Exports, Infuriating London, Canberra: Live Updates – Zerohedge
GameStop, Reddit and Robinhood: A full recap of the historic retail trading mania on Wall Street – cnbc
Wall Street braces for bumpy trading in the week ahead as the GameStop short squeeze unfolds – cnbc

Three reasons why a ‘perfect storm’ of speculative investors is hitting the market – cnbc
This Is The Stunning Way Some Desperate Funds Covered Their Gamestop Shorts – Zerohedge
Stimulus Checks Helped Fuel GameStop Stock Surge: Billionaire Gundlach – Zerohedge
GameStop short-seller Melvin Capital lost 53% this month after the Reddit-fueled frenzy sent shares soaring – businessinsider
Melvin Capital Lost A Stunning $7 Billion In January, 53% Of Its Capital; Here’s How Everyone Else Did – Zerohedge
GameStop mayhem hits close to home for co-founder’s son, who’s active on WallStreetBets – cnbc
China sees less Spring Festival travel amid epidemic control – gt
German Economy Minister Proposes Scaling Back State Holdings – Bloomberg
FX weekly: The week the game was stopped – nordea
WHO team visits Wuhan market where first COVID infections detected – Reuters
Has The Robinhood Exodus Begun? – Zerohedge
‘This is the way’: the Reddit traders who took on Wall Street’s elite – ft
Robinhood says restrictions on GameStop due to tenfold increase in clearinghouse deposit requirements – cnbc
Defiant Redditors buy Times Square billboard as GameStop stock saga rages – nyp
Hedge fund billionaire Steve Cohen leaves Twitter after family receives threats amid GameStop backlash – cnbc
It’s likely going to take a constant stream of excited buyers to keep the GameStop, AMC rally going – cnbc
Potential regulations on hedge funds over GameStop frenzy is not prudent – nyp
The psychology of the GameStop phenomenon, explained – cnbc
China’s Manufacturing, Services Sectors Weaken in January – usnews
What is a SPAC? Explaining one of Wall Street’s hottest trends – cnbc
Investors are using this app to automatically join the Robinhood class-action lawsuit amid GameStop chaos – cnbc
It’s Not Just Robinhood, Reddit Rebellion Has Clogged Entire Financial System’s Plumbing – Zerohedge
UNINTENDED CONSEQUENCES – WILL PASSIVE TRACKER FUNDS BE THE BIGGEST GAMESTOP LOSERS? – Zerohedge
“People Are Starting To Scramble”: 2020’s Newbie Traders Face A Lesson In Capital Gains Taxes – Zerohedge
What Happens Next in the GameStop Showdown? – Bloomberg
Dear WallStreetBets: Hedge Funds Are Very, Very Short Bitcoin – Zerohedge
Gamestop Distortion Sparks Unprecedented Collapse In Retail ETF Assets – Zerohedge

 


Friday 01/29

Stocks slump as GameStop trading frenzy spooks investors – business live – guardian

Robinhood restricts crypto trading ‘due to extraordinary market conditions’ – cnbc
Robinhood is still severely limiting trading, customers can only buy one share of GameStop – cnbc
Robinhood Caps Maximum Holdings In 36 Stocks To Just One Share – Zerohedge
GameStop shares jump 68% on Friday, bringing gains for the week to 400% – cnbc
Robinhood Limits Purchases Of GME To Just 2 Shares – Zerohedge
GameStop short sellers are still not surrendering despite nearly $20 billion in losses this month – cnbc
Texas AG Issues CIDs To Robinhood, Citadel, Others Over “Shocking Coordination” Between Hedge Funds, Trading Platforms To Halt Trading – Zerohedge
GameStop Squeeze Was Helped By 34 Year Old YouTubing CFA Who Turned $50,000 Into $48 Million – Zerohedge
GameStop shares may be up 350%, but investors love the 50-cent options – Reuters
European markets close lower as nerves persist over retail trading mania, vaccines – cnbc
UK trading app Freetrade halts purchases of U.S. stocks – cnbc
Stocks making the biggest moves midday: GameStop, Chevron, Mondelez & more – cnbc
EU places export controls on coronavirus vaccines – cnbc
‘Highly-Shorted’ Stocks Slammed As WallStreetBets Reddit Site Goes Down For Some – Zerohedge
JNJ Shares Tumble After Reporting Vaccine Effectiveness – Zerohedge
Another consequence of Covid: a world without cash – cnbc
Elon Musk’s tweets are moving markets — and some investors are worried – cnbc
Legendary Short Seller Andrew Left Says “Discontinuing Short Selling Research” After 20 Years – Zerohedge
GameStop traders outsmart the smart guys, leaving an indelible mark on Wall Street – cnbc
Bitcoin has leapt 17% after billionaire Elon Musk changes his Twitter bio to ‘#bitcoin’ – businessinsider
Bitcoin soars 14% after Elon Musk namecheck on Twitter – Reuters
European stocks slide on jitters over retail trading frenzy – Reuters
German economy eked out 0.1% growth in fourth quarter – Reuters
Morgan Stanley names its ‘high conviction’ Europe stocks set to surprise this earnings season – cnbc
Ericsson tops forecasts as 5G lifts off – Reuters
France economy slumps less than expected in fourth quarter despite lockdown – Reuters
Spain’s BBVA plans $3.2 bln share buyback, dividend payouts – Reuters
Global tax on tech giants now ‘highly likely,’ German minister says after Yellen call – cnbc
How Wall Street gains from ‘populist’ trading movement – Reuters
From broker notes to memes: how the stock market went viral – Reuters
EMERGING MARKETS-S. Korea, Philippines drop; Asia stocks set for weekly losses as risky bets eb- Reuters
China stocks end week lower on liquidity worries, but post monthly gain – Reuters
Taiwan Q4 GDP grows at fastest pace in decade on tech boost – Reuters
Inside Robinhood, the free trading app at the heart of the GameStop mania – cnn
Robinhood raises $1 bln from its investors- NYT – Reuters
Micro-bubbles just reinforce cheap money – Mike Dolan – Reuters
Futu, Tiger Brokers land in ‘nerds vs Wall Street’ battle as social media users take on hedge funds over shares of GameStop, AMC – scmp
China debt maturity wall looms as rising rates pressure issuers – Reuters
Japan’s factories extend output declines in December as recovery stalls – Reuters
Retail loans for China’s Kuaishou HK IPO surge past $60 billion amid GameStop frenzy – Reuters

 

 

Thursday 01/28

GameStop share surge sparks concerns; global stock markets slide again – business live – guardian
Covid live updates: WHO warns of second wave in Africa, U.S. confirms cases with new South African strain – cnbc

Robinhood will allow limited buying of restricted securities Friday, GameStop jumps after hours – cnbc
Robinhood Forced To Draw-Down Credit Lines Amid Trading Ban, Bloomberg Reports – Zerohedge
Reddit frenzy pumps up Dogecoin, a cryptocurrency started as a joke, by over 800% – cnbc
Visa profit falls as pandemic crimps travel spending – Reuters
Reddit Rebellion Routed As Brokers Help Hedgies Hammer Most-Shorted Stocks – Zerohedge
Robinhood Folds After ‘Tough’ Decision – Will Allow ‘Limited Buying” Of GME & Other Stocks – Zerohedge
“GameStop effect” could ripple further as Wall Street eyes short squeeze candidates – Reuters
Novavax says Covid vaccine is more than 89% effective – cnbc
GameStop stock retreats as Reddit rally runs into trading restrictions – Reuters
Daimler 2020 operating profit beats guidance and forecasts – Reuters
Investors dump State Street ETF after GameStop weighting surges – ft
‘You’ve got to have a cop on the beat’: Elizabeth Warren slams SEC over GameStop chaos – cnbc
GM aims to end sale of gasoline, diesel-powered cars, SUVs, light trucks by 2035 – Reuters
Robinhood Reportedly Selling People’s GME Positions Without Warning, Investors Sue – Zerohedge
Inside the Reddit group that left traditional investors $5B in the red – nyp
70.87 Billion Reasons Why The Retail Brokers Just Betrayed Their Customers – Zerohedge
Beyond Reddit, day traders turn social media platforms into squawk boxes – Reuters
Discord Is Helping R/WallSreetBets Set Up A New Server After The First One Was Banned For Hate Speech – forbes
Is The Reddit Rebellion About To Descend On The Precious Metals Market? – Zerohedge
Retail Brokerages Suffer Another ‘Coordinated’ Outage As Short-Squeeze Surge Spreads – Zerohedge
Gamestop Shares Are Collapsing, Pelosi Says “Will Be Reviewing Issue” – Zerohedge
Robinhood clients say platform has removed GameStop and AMC, and is only allowing holders to sell – businessinsider
“One Hell Of An Invention”: Ray Dalio Reveals Bridgewater May Soon Buy Bitcoin – Zerohedge
US Q4 GDP Grew 4%, Missing Estimates – Zerohedge
Losses on short positions in U.S. firms top $70 billion – Ortex data – Reuters
Initial Jobless Claims Trends Back To 4-Month Highs – Zerohedge
American Airlines, Southwest post record losses and signal need for more aid – Reuters
Gamestop Soars To $500 As Most-Shorted Stocks Resume Surge – Zerohedge
Short sellers face derision, death threats and unexplained pizza – Reuters
We Have Some Bad News For Gamestop Shorts – Zerohedge
COVID-19: US economy posts worst annual decline since 1946 – skynews
U.S. economy likely logged its weakest performance in 74 years in 2020 – Reuters
GameStop’s three largest shareholders earn over $2bn amid stock surge – guardian
European markets head for lower open after sharp sell-off on Wall Street – cnbc
GameStop, AMC saga make it a day for the history books: Morning Brief – yahoofinance
China: Impact of muted spring travel – ing
Meanwhile In China, Giant Liquidity Shortage Pushes Overnight Rates To 5 Year High – Zerohedge
China cenbank adds half-day leeway for query time on open-mkt ops -traders – Reuters


Wednesday 01/27

Business Live – guardian
GameStop mania explained: How the Reddit retail trading crowd ran over Wall Street pros – cnbc

Stock futures dip after a steep sell-off on Wall Street, Apple and Tesla fall after earnings – cnbc
Staggering Moves: Nasdaq, Calls Option Volumes Highest Ever – Zerohedge
AMC seizes on rally to sell stock, but misses even bigger payday – Reuters
Apple tops Wall Street expectations on record iPhone revenue, China sales surge – Reuters
Apple reports blowout quarter, booking more than $100 billion in revenue for the first time – cnbc
Tesla profit, vague vehicle delivery forecast disappoint Wall Street, shares fall – Reuters
Tesla misses on earnings, reports another profitable quarter – cnbc
Facebook beats quarterly revenue expectations – Reuters
Facebook Shares Slump After US Users Fall For 2nd Straight Quarter, Warns Of “Significant Uncertainty” Ahead – Zerohedge
Facebook earnings beat but stock down on advertising growth warning – cnbc
Biden To Issue Sweeping Executive Actions On Climate Change – FORBES
Federal Reserve leaves interest rates and asset purchases unchanged, sees growth slowing – cnbc
GameStop phenomena is about ‘the poor vs the rich’: Reddit WSB user – yahoofinance
Wall Street vs Main Street fight quashes hedge funds as GameStop keeps rallying – Reuters
Why GameStop is surging and what it means for the stock market – nyp
In Unprecedented Move, TD Ameritrade Puts “Restrictions” On Transactions In GME, AMC – Zerohedge
BlackRock may have raked in $2.4 billion on GameStop’s retail-driven stock frenzy – Reuters
When YOLO Goes “YOL-Oh No!” – Zerohedge
Durable Goods Orders Disappoint In Preliminary January Data – Zerohedge
Hedge Funds Are Puking Longs To Cover Short-Squeeze Losses – Zerohedge
Reddit’s War on Wall Street Spills Over Into Europe – investing
JPMorgan is launching a digital retail bank in the U.K., looking overseas for growth – cnbc
Gamestop Insanity: Stock Hits $385, Even After Shorts Melvin, Citron Capitulate – Zerohedge
Boeing Plunges After Unexpected 777X Delay; Cash Inferno Continues – Zerohedge
Boeing’s 2020 net loss hits record $11.9 billion, pushes out 777X debut to late 2023 – cnbc
Is This The Next Big Hedge Fund To Blow Up… And What Happens Next – Zerohedge
Melvin Capital, hedge fund targeted by Reddit board, closes out of GameStop short position – cnbc
GameStop up another 60%, amateur interest shows no sign of abating – Reuters
20% Of The World Could Have Digital Cash In Three Years: BIS – Zerohedge
Central bank digital cash could come to 20% of the world in three years – BIS – Reuters
Expect ‘tough’ quarters ahead as chipmakers look to catch up with auto sector demand, Credit Suisse says – cnbc
Green roofs, solar panels and digital monitoring: How the world’s buildings are changing – cnbc
China short-term rate hits near 6-year high on holiday demand, policy tightening worries – Reuters

Tuesday 01/26

Latest on worldwide spread of the coronavirus – Reuters
Covid live updates: Global cases top 100 million as mutations add to spread – cnbc

Wall Street’s retail frenzy deepens as GameStop extends rally – Reuters
GameStop jumps after hours as Elon Musk tweets out Reddit board that’s hyping stock – cnbc
Musk Tweet Sends Gamestop Soaring Even More After Hours – Zerohedge
$1,400 stimulus checks, $15 per hour federal minimum wage: How soon Americans could see more money – cnbc
AMD Blows Away Q4 Estimates On Broad-Based Strength, Issues Upbeat Guidance – benzinga
AMD rises after saying 2021 revenue will grow 37% – cnbc
Microsoft blows away Q2 expectations on cloud and personal computing strength – yahoofinance
Microsoft Soars On Blowout Earnings Thanks To Surging Cloud Revenue; Returns $10BN To Shareholders – Zerohedge
Microsoft reports 17% revenue growth as cloud business accelerates – cnbc
Stocks close slightly lower as rally takes a breather ahead of Big Tech earnings – cnbc
Bank Buybacks Surge To Highest Level Since March – Zerohedge
Thriving Louis Vuitton offsets drop in sales at luxury group LVMH – Reuters
BofA Warns “Take Profits” Ahead Of Coming Correction – Zerohedge
Booming Blank Check Companies Are the Talk of Reddit and TikTok – Bloomberg
Tesla’s report could trigger $7 billion payout to Musk – Reuters
McConnell Caves On Preserving Filibuster After Two Democrats Signal ‘No’ On Eliminating – Zerohedge
Biden stimulus plan could boost U.S. output by 5% over three years: IMF – Reuters
Gamestop Halted Up 50% As Billionaires Battle For Control – Zerohedge
IMF more upbeat on global economy, but warns new Covid variants could derail growth – Zerohedge
US Home Prices Are Accelerating At The Fastest Pace In 7 Years – Zerohedge
Stocks making the biggest moves in the premarket: GE, Apollo Global, J&J, GameStop & more – cnbc
Beyond Meat Soars On “Plant-Based Protein” Joint Venture With Pepsi – Zerohedge
Here Are All Of Melvin Capital’s Crushed Put Positions – Zerohedge
Etsy Shares Spike 9% To 52 Week Highs After Elon Musk Tweets “I Kinda Love Etsy” – Zerohedge
J&J beats fourth-quarter earnings expectations, will release Covid vaccine data ‘soon’ – cnbc
GE Shares Jump As Upbeat Industrial Cash-Flow Forecast Suggest Turnaround – Zerohedge
GE tops free cash flow estimates, provides upbeat 2021 outlook – Reuters
General Electric shares pop on better-than-expected industrial cash flow, rosy outlook – cnbc
UBS reaps rich rewards from pandemic trading frenzy – Reuters
European markets head for mixed open with Italian politics, vaccine challenges in focus – cnbc
Luxury cars, EVs to fuel Hyundai’s China, U.S. sales in 2021; Q4 profit jumps – Reuters
Asian stocks post biggest fall in two months on U.S. stimulus worries – Reuters
China Repo Rates Soar To 15 Month High After PBOC Warns Of Asset Bubbles, Drains Liquidity – Zerohedge
People’s Bank of China action sends shivers down financial markets – standard
EMERGING MARKETS-S.Korea, China, Philippine shares slide on risk of U.S. stimulus delay – Reuters

Monday 01/25

Business Live – guardian
Covid live updates: NY to ease some restrictions after post-holiday spike; California lifts stay-at-home – cnbc
Biden’s 1st 100 days live updates: Biden orders federal government to ‘buy American’ – abcnews

Stocks making the biggest moves after hours: GameStop, Boot Barn, Blackberry and more – cnbc
S&P 500 ends volatile day slightly higher, Apple pushes Nasdaq to another record close – cnbc
U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years – Bloomberg
President Biden will make entire 645k federal vehicle fleet electric – electrek
Biden Signs Order Boosting Federal Spending On US Products – Zerohedge
Markets will ‘flush out’ some SPAC excess — but it won’t be a crisis, Goldman Sachs CEO says – cnbc
Current cryptocurrencies unlikely to last, Bank of England governor says – Reuters
Bitcoin price rises as second-biggest cryptocurrency ether hits all-time high – cnbc
How financing SPAC takeovers became Wall Street’s new favorite trade – cnbc
Global chip shortage puts car supply chain under the microscope – ft
The First Casualty Of The Big Short Squeeze: Melvin Capital Gets $2.75BN Bailout From Citadel, Point72 After Its Shorts Explode – Zerohedge
Did Melvin Capital just get a bailout? – forexlive
Is This The Reason Behind’s Today’s Surreal Market Action – Zerohedge
GameStop jumps amid retail frenzy, shares double at one point in wild trading – cnbc
Stocks Are Doing Something They Haven’t Done Since The Dot Com Bubble – Zerohedge
After All That, 139% Of Gamestop’s Float Is STILL Short – Zerohedge
S&P 500 turns lower ahead of a busy week for earnings, Dow drops more than 200 points – cnbc
Stocks Are Doing Something They Haven’t Done Since The Dot Com Bubble – Zerohedge
ECB’s Lagarde says pandemic recovery might be delayed, but shouldn’t be derailed – cnbc
Cash flows into European funds surged more than 60% in 2020, new data shows – cnbc
Stocks making the biggest moves in the premarket: GameStop, AMC Entertainment, Express & more – cnbc
Here are Monday’s biggest analyst calls of the day: Apple, Roku, Planet Fitness, GameStop & more – cnbc
Valuations are ‘strong’: What PIMCO’s John Studzinski thinks of markets right now – cnbc
Tech shares, corporate earnings lift European stocks – Reuters
Shares of Evergrande’s electric car unit pop 67% after raising billions to compete with Tesla in China – cnbc
Asian shares near record highs as U.S. stimulus plans offset virus woes – Reuters
An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300% – cnbc

 

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