Articles by Erika Dee
Dow Panic

Dow Futures Drop 100 Points, Should Investors Be Alarmed?

Futures contracts tied to the Dow Jones Industrial Average have witnessed a decline of 81 points, or 0.26%.

Jan 31, 2021 10:39 PM EST


GameStop

GameStop UPDATE: Melvin Capital Loses 53%, Redditors Want to See it Lose Remaining 47%

MelvinIt remains to be seen if these fresh injections can save Melvin Capital from the very persistent "amateur" investors who have made the hedge fund their core "enemy."

Jan 31, 2021 08:59 PM EST


Facebook

Facebook, Google Face Antitrust Lawsuit Charges

HD Media accuses Google of having so monopolized the online ad market that it has become a threat.

Jan 30, 2021 02:00 AM EST


Toy R Us

'Toys R Us' Closes Two Remaining Stores in the US as COVID-19 Pandemic Rages

Toys R Us made the difficult decision as the consequence of all the hardships brought about by the coronavirus pandemic.

Jan 30, 2021 12:35 AM EST


Valentine's Day

Valentine's Day 2021: New York to Allow Indoor Dining if This Happens

New York will strive to make the day feels as magical as it has been before the pandemic hits by allowing indoor dining.

Jan 29, 2021 08:28 PM EST


Roblox

Roblox Delays Going Public Because of Heavier SEC Scrutiny

The company had announced regulatory filing earlier this month that it was aiming to list shares on the New York Stock Exchange by February but this is no longer the case.

Jan 29, 2021 03:32 AM EST


Pfizer COVID-19 Vaccine Data Shows 90 Percent Effective Rate

Don't be so Desperate to be Vaccinated; Here's Why

According to the Federal Trade Commission, anyone saying they can give a vaccine shot even if to non-eligible individuals are scammers.

Jan 29, 2021 02:55 AM EST


Wall Street Giants' Nightmare

GameStop, AMC Wild Trading: Is r/WallStreetBets Operating a 'Ponzi Scheme'?

The experts claim that they are operating a "Ponzi" scheme and there is nowhere to go but down.

Jan 29, 2021 12:27 AM EST


Power of Reddit

Thanks to GameStop Aftermath, This Small Energy Company Soars Stocks

GameStop, AMC, and some once never-heard stocks have figured into one of the wildest stock swings the markets have seen in recent years.

Jan 28, 2021 11:38 PM EST


GameStop

GameStop Pause Trading: Reason Why it Ended Early

This serves as another twist in the ongoing drama between these amateur investors and the experienced, more risk-averse, Wall Street giants.

Jan 28, 2021 07:45 PM EST


Levi Strauss

Levi Strauss & Co Holiday Sales Lackluster, But Marks Improvement

Levi's stock prices recently went up by more than 1% in after-hours trading after already falling for more than 4%.

Jan 28, 2021 12:34 AM EST


GameStop

Reddit's r/WallStreetBets is Back; GameStop, AMC Drama Intensifies

As testament of how affected the public was over the subreddit being locked, everyone went positively wild when the subreddit returned.

Jan 28, 2021 12:01 AM EST


Apple Releases iPhone 12 and iPhone 12 Pro

Apple Stock Fell Amid High Earnings; Facebook Shows Unexpected Increase

Both Apple and Facebook showed unexpected high earnings for the holiday quarter.

Jan 27, 2021 09:44 PM EST


Tilman Fertitta

Tilman Fertitta on Post COVID-19, 'It'll be the Roaring Twenties!'

To have the post COVID-19 period equated to the Roaring 20s is no small thing.

Jan 27, 2021 03:57 AM EST


Stores Hit by Pandemic

Belk Bankrupt: Department Store Declares Chapter 11 Bankruptcy, Promises Normal Operations in the Meantime

The company, which has served generations of shoppers for over a century and half, announced Tuesday it will file for the dreaded bankruptcy.

Jan 27, 2021 03:00 AM EST


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