They’re part of a flip-flop for the market’s leaderboard, as investments seen as the safest and most reliable earlier in the pandemic suddenly fell to the back of the pack.
The tumbling around within the market has sometimes been chaotic — witness the sudden surge for GameStop in January, as a band of smaller-pocketed investors pumped up the struggling video-game retailer’s stock to levels way beyond what analysts thought was rational. But to a casual observer, the shifting tides have remained mostly beneath the market’s surface.
The S&P 500 logged its mildest quarterly swing since the summer of 2019, even as prices for risky investments climb high enough to raise more alarm bells that a dangerous bubble may be forming. Here’s a look at some of the winners and losers of the first quarter:
BANKING ON A REVIVAL
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AIRBUS-BOEING DEAL EASES US EU TENSIONS BUT CONFLICTS REMAIN
The deal the United States and the European Union reached this week to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs. It will ease trans-Atlantic tensions. And it will let the two sides focus on a common economic threat: China.
AMAZON ALLOTS $300 MILLION FOR HOUSING NEAR MASS TRANSIT
Amazon is providing $300 million in low-interest loans to support housing located near mass transit in the Washington, D.C., area and the Seattle and Nashville, Tennessee, regions.
CAN YOU MIX AND MATCH COVID-19 VACCINES?
Can you mix and match two-dose COVID-19 vaccines?
INTERNET OUTAGES BRIEFLY DISRUPT ACCESS TO WEBSITES, APPS
A wave of brief internet outages hit the websites and apps of dozens of financial institutions, airlines and other companies across the globe Thursday and Friday.
CASSILL TO BE PAID IN CRYPTOCURRENCY IN DEAL WITH VOYAGER
Landon Cassill will be the first NASCAR driver paid entirely in cryptocurrency in a sponsorship deal with Voyager that begins at Nashville Superspeedway this weekend.
THE SIGNIFICANCE OF CHINA'S NEW SPACE STATION
Adding a crew to China’s new orbiting space station is another major advance for the burgeoning space power.
HONG KONG WATCHING CHINESE NUCLEAR PLANT AFTER LEAK REPORTED
China’s government said Tuesday no abnormal radiation was detected outside a nuclear power plant near Hong Kong following a news report of a leak, while Hong Kong’s leader said her administration was closely watching the facility.
SELF-DRIVING CAR PIONEER WAYMO GETS $2.5B TO FUEL AMBITIONS
Waymo, the self-driving car pioneer spun off from Google, isn’t allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service.
LOUISIANA CREATES RULES FOR SELF-DRIVING DELIVERY DEVICES
Louisiana has created a framework for self-driving delivery robots to drop off packages on the state’s streets, under a bill backed by lawmakers and Gov. John Bel Edwards.
‘A Summer Of Freedom': Vaccine Gives New Meaning To July 4th
President Joe Biden wants to imbue Independence Day with new meaning this year by encouraging nationwide celebrations to mark the country’s effective return to normalcy after 16 months of coronavirus pandemic disruption and more than 600,000 lives lost.
Finance – The Dogestock Generation
Get-rich-quick trading is partly about entertainment, but it’s having a very real impact on markets
BidenBucks Is Beeple Is Bitcoin
In a system rigged by the rich, outsiders have to make their own volatility.
STOCK TRADING APP COMPANY ROBINHOOD FILES PLAN TO GO PUBLIC
Stock trading app company Robinhood said this week that it has submitted a confidential plan to go public later this year.
Did Anyone Hear a Pop?
Investors are worried that stocks are in a bubble— and that it’s going to burst.
How the SPAC Era Will End
A fever has swept Wall Street, and it’s stretching all the limits
A Word About Short Selling: Don't
The fracas in January over a company called GameStop suddenly brought the practice of shorting stocks back into the public spotlight. GameStop sells video games via a network of thousands of retail outlets that have the anachronistic feel of Blockbuster stores. Business has soured, mainly because of online competition. GameStop scratched out a profit in fiscal 2017 (ending January 31, 2018), then lost money in the next two years and is estimated to have lost $680 million in the past 12 months.
INVESTING ABCS: TEACHING YOUR KIDS ABOUT MONEY AND MARKETS
The recent stock market mania over the video game company GameStop, which this week was scrutinized by Congress, has provided a teachable moment for kids.
GAMESTOP'S SAGA MAY BE OVER; ITS EFFECT ON WALL STREET ISN'T
The frenzy around GameStop’s stock may have quieted down, but the outsized influence small investors had in the saga is likely to stick around.
Well, That Was Weird
Tendies. GameStop. Silver. SPACs. What. The. Hell. A sane person’s guide to a bonkers stonks market
The Battle of GameStop
IRL, the video game retailer has no profits. But its shares became part of a showdown between online stock pumpers and short sellers