The company said it had already raised $410 million from Fidelity in its second funding round since the start of the year when small-time traders gathered on its platform in their battle against Wall Street institutions.
The company found out that a Russian firm used hundreds of social media influencers to run a coordinated smear campaign against Western Covid-19 vaccines.
The trading app that promised to democratise stock trade has offered its own shares to individual investors in a recent IPO.
An hour-long blackout struck several US airlines, Australian financial firms and other global companies, with the problem traced to US-based tech provider Akamai.
Multiple outages cripple social media, government and websites, including Guardian, FT.com, Reddit and Amazon, across the world caused by a failure at Fastly, a US-based cloud computing services provider.
Wall Street’s mania over GameStop is back again as shares in the troubled video game company more than doubled to $91.71 apiece, the stock’s best day since January 27, when it was going for $347.51 a share.
One post on WallStreetBets told users that shares of pot producers Tilray Inc and Aphria Inc have more room to rise.
The interaction between the two entrepreneurs on Clubhouse came amid intense interest in news around Robinhood, the online brokerage caught up in a wild stockmarket battle between small investors and big Wall Street funds.
Silver prices surge to an eight-year high as small-time investors combine forces to take down Wall Street hedge funds using the stock of a troubled video-game store, GameStop.
Robinhood and other brokerages took steps to stop the buying frenzy surrounding firms such as GameStop but only sparked more volatility in the market, with angry customers and politicians arguing the curbs unfairly benefit bigger investors.
It resumed its upward momentum, rising 75 percent from the beginning of the session after slumping when trading platforms imposed buying halts on viral stocks.
Online brokers’ decision to restrict retail investors from trading in GameStop draws backlash.
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