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GameStop gives investors 1.6 billion reasons to care about the meme trade

The "meme trade" has been one of the market's defining trades this year. And while some investors have chosen to ignore the action we've seen in shares of GameStop (GME) or AMC (AMC) amid a value rotation, rising bond yields, and a booming economy, these retail-driven trading frenzies are starting to reshape the fundamentals of these businesses. They're more than just a sideshow.

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Exclusive: GameStop Completes At-The-Market Equity Offering Program

GRAPEVINE, Texas, June 22, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has completed its previously announced “at-the-market” equity offering program (the “ATM Offering”).

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GameStop Is Joining the Russell 1000, but AMC Isn’t. How It Affects the Stocks.

The latest rally in meme stocks has given AMC Entertainment and GameStop the biggest and third-largest market capitalizations among companies in the Russell 2000 index of small companies. The Russell indexes' annual reconstitution is coming up next week, so investors have been wondering it the pair might graduate into the large-cap Russell 1000 .

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Don't Ignore GameStop's Crazy Valuation, But Its Business Is Getting Better

Were traders on the WallStreetBets subreddit right about GameStop (NYSE:GME) after all?

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MarketWatch FUD Why a crash in meme stocks AMC and GameStop looks more likely now

MarketWatch FUD media wrote: Could insider sales of meme stocks signal a coming crash in their share price? The empirical research suggests the answer is yes.

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Fact: Elon Musk's reputation bottoms on Twitter after attacking bitcoin

Elon Musk's repeated criticisms of bitcoin (BTC-USD) appear to have come at a cost — at least when you look at how people are feeling about him on Twitter.

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BBB launches new brands as retail investors send stock skyrocketing

Let's just say that investors really, really, REALLY love that Bed Bath & Beyond (BBBY) introduced three new, high margin private label brands on Wednesday.

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Tesla recalls close to 6k U.S cars over potentially loose bolts

Tesla Inc (TSLA.O) is recalling nearly 6,000 U.S. vehicles because brake caliper bolts could be loose, with the potential to cause a loss of tire pressure, documents made public on Wednesday show.

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Exclusive: Amazon backs federal legalization of marijuana

Myles Udland and Julie Hyman discuss Amazon’s support of efforts to legalize marijuana as the company changes its policy for marijuana usage amongst some of its workers, and what it could mean for the e-commerce giant.

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EXCLUSIVE:AMC just dropped the hammer on every meme stock CEO

The Meme Market is back with a vengeance. And AMC (AMC) is playing a different game the second time around.

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EXCLUSIVE: AMC Entertainment is selling more stock

AMC on Thursday filed to sell 11.6 million shares at market prices. The meme stock — which nearly doubled on Wednesday — fell on the news.

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Informative: Missed AMC? Here Are The 14 Most Shorted Stocks Now

Missed the explosive rally in AMC stock that's blown away the S&P 500 this year? No worries — it's just one stock sitting on a powder keg of meme-fueled, short-interest activity.

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OPEC+ want to stick with supply plan as Iran's oil yet to return

OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday, three OPEC sources said, as producers balance expectations of a recovery in demand against a possible increase in Iranian supply.

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Crypto FUD Weekly: U.S. plans cryptocurrency crackdown

U.S. financial authorities are preparing to actively regulate the $1.5 trillion cryptocurrency market amid growing concerns of a lack of oversight, the Financial Times reports.

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Fud weekly - JP Morgan: Bitcoin price crash isn't over

Those bitcoin (BTC-USD) faithful in search of an end to the month's long rout in prices for the popular cryptocurrency may have to wait longer, warns closely followed J.P. Morgan strategist and bitcoin expert Nikolaos Panigirtzoglou.

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‘Complete idiot’ Bitcoin trader Stefan Thomas lost £200MILLION because he FORGOT his crypto password

BITCOIN trader Stefan Thomas lost almost £200million worth of the crypto because he forgot his password - saying the blunder left him feeling like a "complete idiot". The devastated German felt the sting as a simple slip of the mind meant he lost access to the 7,002 coins - which are now worth £189,905,495

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One reason to consider buying and 2 reasons to Avoid Ocugen Stock

Pfizer and its partner BioNTech, Moderna, and Johnson & Johnson all have COVID-19 vaccines on the market in the U.S. already. However, there's another company hoping to join them, and its stock has outperformed all of theirs since the pandemic began, and in 2021 alone.

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Large Bitcoin mining Chinese region sets huge Penalties for cryptocurrency mining

GUANGZHOU, China — China’s Inner Mongolia region has proposed punishments for companies and individuals involved in digital currency mining as it looks to further crack down on the practice.

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Exclusive: Iran bans cryptocurrency mining for 4 months amid power cuts

Iran has banned the energy-intensive mining of cryptocurrencies such as Bitcoin for nearly 4 months, President Hassan Rouhani said on Wednesday, as the country faces major power blackouts in many cities.

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Bitcoin falls below $40,000 as BlockFi mistakenly sends $21m worth of coins to users

The price of bitcoin fell back below $40,000 (£28,209) on Friday, after paring back losses from a sharp sell-off earlier in the week.

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'Grand Theft Auto' Publisher Take-Two Murders March-Quarter Estimates

Video game publisher Take-Two Interactive Software (TTWO) late Tuesday crushed Wall Street's targets for its fiscal fourth quarter. But it offered mixed guidance. In extended trading, TTWO stock initially fell but then rebounded into positive territory.

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