Tesla boss Elon Musk has grilled trading app Robinhood’s co-founder Vladimir Tenev, about why it limited users to only being able to buy a small number of shares in some…
Category: Business News
Old Horses Kick The Hardest: Nintendo Switch sales surge past those of the 3DS
Sales of Nintendo’s Switch gaming consoles have surpassed those of their predecessor – the 3DS – despite being available for a much shorter period. The firm said 79.87 million units…
Friend Request: UK applying to join Asia-Pacific free trade pact CPTPP
The UK will apply to join a free trade area with 11 Asia and Pacific nations on Monday, a year after it officially left the EU. Joining the group of…
Silver: The Silver lining on Silver
The price of silver hit an a eight-year high on Monday, amid social media calls to buy the metal and emulate the trading frenzy that surrounded US games retailer GameStop…
Climate Change: Oil Industry’s woes
The oil industry has been left reeling. Share prices plunged, and Goldman Sachs warned of a drop in US crude supplies. “The industry is aghast at these changes,” one oil…
The Season of the Electric Cars: Ford to start building electric Mustangs in China
Ford is to start building its iconic Mustang cars in China for the first time. The US carmaker said its Mustang Mach-E will start being produced there later this year…
Satellite Industry: The War Zone for Billionaires
Considering the capital required to enter into any business set up in space, space has traditionally had a high barrier to entry. As of January 2020, just seven firms make…
GameStop: The Almost David and Goliath Fight (amateur traders vs Wall Street)
Major hedge funds had bet billions of dollars that GameStop’s shares would fall. And some of the research on Reddit indicated that positions taken by short-sellers accounted for more than…