Fri. 01/29 – Robinhood Is Now The Crazy Stock Story
Update: 2021-01-29
Description
What once was a story about Game Stop and Reddit, has suddenly become a story about Robinhood. I’ll catch you up. Everybody wants in on the newsletter game all the sudden. Hyundai is having second thoughts about building an Apple Car, and a special stonks themed edition of the weekend longreads suggestions.
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Links:
- Robinhood, in Need of Cash, Raises $1 Billion From Its Investors (NYTimes)
- Facebook is said to be planning newsletter tools to court independent writers. (NYTimes)
- Hyundai wrestles with the risks of embracing Apple (Reuters)
- SEC scrutiny delays Roblox stock market listing (CNBC)
Weekend Longreads Suggestion:
- Inside the Reddit army that's crushing Wall Street (CNN Business)
- The Big Short SQUEEZE from $5 to $50? Could GameStop stock (GME) explode higher?? Value investing! (Roaring Kitty)
- How a Penny Stock Explodes From Obscurity to 451% Gains Via Chat Forums (Bloomberg)
- Think Americans Wouldn’t Wager on Russian Table Tennis? Care to Bet? (NyTimes)
- CashApp Is King (Aika's Newsletter)
- Can Growth Go Out of Style? (Irrelevant Investor)
- YouTube’s Spammy Sex Bots Make a Ton of Money (OneZero)
- Who’s Making All Those Scam Calls? (NYTimes Magazine)
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