Saturday, January 28, 2023

Meme-stock mania companies, including GameStop and AMC Entertainment, have raised $4.7B since the hype began in January 2021, but failed to boost performance (Financial Times)

Financial Times:
Meme-stock mania companies, including GameStop and AMC Entertainment, have raised $4.7B since the hype began in January 2021, but failed to boost performance  —  Cash bonanza enabled by retail investors fails to boost beneficiaries' performance  —  Companies at the centre of the meme-stock mania …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...