GameStop's rally cools as U.S. regulators eye wild trading

The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds, warning brokerages and the pack of social-media traders that it was watching for potential wrongdoing.

Texas attorney general issues CIDS to companies that suspended stock trades

Texas Attorney General Ken Paxton issued 13 civil investigative demands on Friday to Robinhood, Discord, Citadel and others that suspended stock trading and investing, his office said in a statement.

UK regulator, eyeing wild stock market moves, says it is ready to act

Britain's financial markets regulator, responding to extreme share price movements in U.S. equity markets in recent days, said it would take "appropriate action" if there was evidence of actions that hurt consumers or markets.

Wall St. tumbles after J&J vaccine data, GameStop effect weighs

U.S. stock indexes slumped on Friday as investors gauged the efficacy data of Johnson & Johnson's COVID-19 vaccine, while a standoff between Wall Street hedge funds and small, retail investors contributed to volatility.

The stock market wars: U.S. lawmaker Ocasio-Cortez breaks it down

A chat with U.S. Democratic lawmaker Alexandria Ocasio-Cortez drew more than a million viewers overnight to a website best-known for video game players, where she dissected this week's headline-grabbing battle between Reddit online traders and hedge funds.

J&J vaccine adds to COVID-19 armoury, includes South African variant

Johnson & Johnson said on Friday that its single-dose vaccine was 66% effective in preventing COVID-19 in a large global trial against multiple variants, giving health officials another weapon to tackle the pandemic.

Instant View: J&J COVID-19 vaccine is 66% effective globally

Johnson & Johnson said its single-dose vaccine was 72% effective in preventing COVID-19 in the United States but a lower rate of 66% was observed globally in the large trial conducted across three continents and against multiple variants.

Dollar, stocks slide as virus, social trading cools sentiment

Silver prices jumped and global equity markets sank on Friday amid a growing battle on Wall Street between hedge funds and retail investors, while a dispute over COVID-19 vaccine supply in Europe cooled risk appetite.

Robinhood raises $1 billion of fresh funding from existing investors

Online broker Robinhood has raised more than $1 billion of fresh capital from existing investors, having been strained by high volumes of trading this week and raising the ire of customers, celebrities and politicians for curbing the purchase of some hot stocks.

Canada judge rejects Huawei CFO Meng Wanzhou's request for looser bail terms

Huawei Chief Financial Officer Meng Wanzhou's request to loosen the bail terms set during her release from jail in 2018 has been rejected, a Canadian judge ruled on Friday, as she fights a U.S. extradition case.

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