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r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
A meme stock is a stock that gains popularity among retail investors through social media. [1][2][3] The popularity of meme stocks is generally based on internet memes shared among traders, [4] on platforms such as Reddit 's r/wallstreetbets. [5] Investors in such stocks are often young and inexperienced investors. [6]
It is operated by Reddit, Inc., based in San Francisco. [6] [7] As of August 2024, Reddit is the 9th most-visited website in the world. According to data provided by Similarweb, 51.75% of the website traffic comes from the United States, followed by the United Kingdom at 7.15% and Canada at 7.09%. [6]
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...
September 7, 2024 at 5:40 AM. PayPal (NASDAQ: PYPL) has taken investors on a bit of a roller coaster ride since it was spun off from eBay and went public in 2015. The stock was a big winner as ...
Editor's note: Rates shown are as of Tuesday, September 24, 2024, at 6:30 a.m. ET. APYs and promotional rates for some products can vary by region and are subject to change.
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On March 3, 2024, House and Senate appropriators released a $459 billion "minibus" spending package containing six of the twelve appropriations bills. The bill provides funding for the departments of Agriculture, Commerce, Justice, Energy, Interior, Veterans Affairs, Transportation, and Housing and Urban Development.