$Reddit (RDDT.US)$ up up to the moon!
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$AMC Entertainment (AMC.US)$ looks like Reddit and Fingermotion stocks could be next to rally
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$GameStop (GME.US)$ looks like Reddit and Fingermotion stock prices could be next to rally
$Reddit (RDDT.US)$ would be next to ride along meme stock rally
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Stock splits confused some investors.
It's natural to think doubling the shares will double your money, but that's not true.
When a company splits its stock, its market capitalization remains unchanged.
Assume a company has 10 million shares in total trading for $50 each.
Its market capitalization is $500 million (10 million shares X $50 share price).
The company chooses to do a 2-for-1 stock split, which doubles the amount of shares.
That would cause the price of th...
It's natural to think doubling the shares will double your money, but that's not true.
When a company splits its stock, its market capitalization remains unchanged.
Assume a company has 10 million shares in total trading for $50 each.
Its market capitalization is $500 million (10 million shares X $50 share price).
The company chooses to do a 2-for-1 stock split, which doubles the amount of shares.
That would cause the price of th...
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By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were little changed early Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant's economic impacts won't be as severe as initially thought.
- Tesla updated its software allowing vehicle occupants to play video games on the center touchscreen while in motion, raising questions about safety and driver distraction. Previously, video games were only playable while the vehicle was in park.
Market Snapshot
U.S. stock index futures were little changed early Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant's economic impacts won't be as severe as initially thought.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$ slid 99 points. $S&P 500 Index (.SPX.US)$ futures were down 0.3%, while $NASDAQ 100 Index (.NDX.US)$ futures were off 0.4%.
Market Temperature
Read more: Market Temperature (12/9)
Top News
Stock futures edge down ahead of jobless data
U.S. stock futures edged down ahead of an update on the number of Americans applying for unemployment benefits.
Biden commits U.S. government to net-zero emissions by 2050
The executive order directs federal agencies to make all of their vehicle purchases zero-emission units by 2035.
Giant gap persists between job openings and available workers
Total openings stayed near record levels in October as people quit positions at a strong pace.
Crypto executives defend industry as congress considers oversight
Company officials say at hearing that digital assets wouldn't easily be regulated under existing financial regulations.
Italy fines Amazon for alleged abuse of market dominance
The Italian competition authority has imposed a fine of more than $1.2 billion on $Amazon (AMZN.US)$, saying the retailer has an "absolute dominance" in the market and that it has damaged its competitors in e-commerce logistics.
GameStop earnings report: loss widened last quarter
The videogame retailer $GameStop (GME.US)$ posted a $105 million loss and revenue growth as it works to revitalize its business with an overhauled executive team and board of directors.
Roku shares rise on deal that restores YouTube TV app
The streaming-device maker $Roku Inc (ROKU.US)$ had removed the YouTube TV app from its channel store in April as part of a dispute over how search results were displayed on Roku's platform. $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$
Read More
Bull Session | A new Tesla safety concern: Do you play video games in moving cars?
The Tesla 12/9 Conspiracy: TSLA stock split?
10 top stocks to watch in Cathie Wood's new ETF
Chip-delivery wait times grow again
BofA says S&P 500 real earnings yield at 74-year low
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were little changed early Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant's economic impacts won't be as severe as initially thought.
- Tesla updated its software allowing vehicle occupants to play video games on the center touchscreen while in motion, raising questions about safety and driver distraction. Previously, video games were only playable while the vehicle was in park.
Market Snapshot
U.S. stock index futures were little changed early Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant's economic impacts won't be as severe as initially thought.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$ slid 99 points. $S&P 500 Index (.SPX.US)$ futures were down 0.3%, while $NASDAQ 100 Index (.NDX.US)$ futures were off 0.4%.
Market Temperature
Read more: Market Temperature (12/9)
Top News
Stock futures edge down ahead of jobless data
U.S. stock futures edged down ahead of an update on the number of Americans applying for unemployment benefits.
Biden commits U.S. government to net-zero emissions by 2050
The executive order directs federal agencies to make all of their vehicle purchases zero-emission units by 2035.
Giant gap persists between job openings and available workers
Total openings stayed near record levels in October as people quit positions at a strong pace.
Crypto executives defend industry as congress considers oversight
Company officials say at hearing that digital assets wouldn't easily be regulated under existing financial regulations.
Italy fines Amazon for alleged abuse of market dominance
The Italian competition authority has imposed a fine of more than $1.2 billion on $Amazon (AMZN.US)$, saying the retailer has an "absolute dominance" in the market and that it has damaged its competitors in e-commerce logistics.
GameStop earnings report: loss widened last quarter
The videogame retailer $GameStop (GME.US)$ posted a $105 million loss and revenue growth as it works to revitalize its business with an overhauled executive team and board of directors.
Roku shares rise on deal that restores YouTube TV app
The streaming-device maker $Roku Inc (ROKU.US)$ had removed the YouTube TV app from its channel store in April as part of a dispute over how search results were displayed on Roku's platform. $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$
Read More
Bull Session | A new Tesla safety concern: Do you play video games in moving cars?
The Tesla 12/9 Conspiracy: TSLA stock split?
10 top stocks to watch in Cathie Wood's new ETF
Chip-delivery wait times grow again
BofA says S&P 500 real earnings yield at 74-year low
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
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$TENCENT (00700.HK)$ At the beginning of the year, I had thought that the new economic bull market in Hong Kong had just begun, but it had come to an end. The "bull market" of Hong Kong stocks comes quickly, and goes quickly. Hong Kong stocks these two years, the perfect ride a roller coaster, three heavy warehouse all did not escape the fate of the roller coaster. Last year, Hong Kong stock portfolio returns the highest 200%, I remember some people came to kua high level of investment. Now, EVEN...
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