[Link] I Lost $400,000, Almost Everything I Had, on a Single Robinhood Bet

Read: 2/12/2021 www.vice.com

I was 26 and stupid. I had arrived in the U.S. when I was 18. I didn't have money and worked shitty jobs to get through college. I didn't go to a nice school, and I've worked in sales ever since I graduated. My first job paid me $40,000. Next one $50,000.

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[Link] Fed: Meme Stocks Might Blow Up U.S. Economy One Day

Read: 9/11/2021 www.vice.com

The Federal Reserve is worried that risk-taking online investors and social media echo chambers could lead to a “potentially destabilizing outcome.

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[Link] Why Does FaZe Clan Think It’s Worth $1 Billion?

Read: 27/10/2021 www.vice.com

FaZe Clan, the esports and gaming influencer group, announced plans on Monday to become “the only digitally native, youth-focused lifestyle and media platforms publicly traded on a U.S.

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[Link] SEC: GameStop Frenzy ‘Tested the Capacity and Resiliency’ of Stock Market

Read: 19/10/2021 www.vice.com

“At the same time, the trading in meme stocks during this time highlighted an important feature of United States securities markets in the 21st century: broad participation,” the report noted.

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[Link] Robinhood to Raise Billions From the Rich, Give None of It to the Poor

Read: 28/7/2021 www.gizmodo.com.au

Robinhood, the wildly popular stock-trading app that’s made it easy to throw fistfuls of money at meme stocks while also occasionally locking those users out of trades on a whim, is ready to cash in big time.

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