Lots of big investment firms, such as hedge funds, had bet on GameStop to lose a lot of value, meaning they borrowed shares in the company and then sold them, with a promise to buy them back at a later date. This is called “short selling” or “shorting” and the idea is to make money as the share price falls.
“Combined with the rise of TikTok, brand safety concerns, and a shift in social media user behaviour, there’s a...
France’s finance minister also told the BBC that Europe will be one the world’s key economic powers.
Mr Jassy, who took over as chief executive two years ago, has focused on trimming costs and improving efficiency,...
In February 2019, data scientist David Stier analysed profiles of almost 200,000 Instagram users across the world. He estimated...
However, these Ryanair passengers say they found they had to book a seat, which typically cost between £7 and...
ChatGPT generates convincing human-like responses to user queries within seconds, instead of the series of links generated by a...
Trade body the SMMT said UK new car registrations fell 35% due to a shortage of computer chips.
The drop in prices during September was the sixth consecutive monthly fall, the Halifax said, and meant the cost...
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