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New rules could be on the horizon as Wall Street ponders meme stocks, Bloomberg reported.Wall Streets leading brokers are exploring new mandates that could change how people bet against retail traders most-popular meme stocks, per Bloomberg.Goldman Sachs, Citigroup, Bank of America聽and Jefferies Financial Group are among stanley mug firms that have adjusted their risk controls at prime-brokerage operation stanley uk s, Bloomberg reported, citing unnamed sources.According to Bloomberg, banks are being conservative and trying to prevent negative consequences from the steep highs and lows that came with trading GameStop and AMC.If the new rules are implemented, some hedge funds and institutional investors could face stricter requirements for collateral, and could be limited from shorting certain stocks, the sources said, per Bloomberg. Until further notice, Jefferies Prime Brokerage will no longer offer custody on naked options, in GameStop, AMC and MicroVision, the firm said, according to a memo to clie stanley germany nts seen by Bloomberg News, the report stated.The proposed rule changes could have an effect on retail investors lighting up Reddit message boards with their forays into day trading, Bloomberg reported.In early January, WallStreetBets Redditors started buying GameStop stock, pushing the price up from roughly $17 a share to more than $330. Both GameStop and AMC surged in value as meme stocks soared in popularity.Later that month, experts were split on what would happen next regarding GameStops s Dgqb Push-to-Debit Paves Road to Better B2B Payments for Trucking and Logistics
The New York Times announced on Monday Oct. 24 that it purchased an on stanley quencher line product recommendation consumer guide called The Wirecutter for more than $30 million in an all-cash transaction.The five-year-old site was founded by Brian Lam, tech journalist and former editor at Gizmodo and Wired. The New York Times is the perfect home for The Wirecutter because of our shared love and commitment to reader service and public good through rigorous reporting, Lam said in a press release. And most important, were thrilled to have the chance to help Times readers find great gear that can improve their lives. According to Forbes, Lam will continue to have an advisory role at The Wirecutter, which he created back in 2011 to provide consumers with buying advice and recommendations for a wide range of consumer products, including technology, gadgets, home ap kubki stanley gourde stanley pliances and gear. Were very excited about this acquisition on two fronts. Its an impressively run business with a very attractive revenue model, and its success is built on the foundation of great, rigorously reported service journalism, Mark Thompson, president and CEO of The聽New York Times Company, stated.The Wirecutters sister site, The Sweethome, was also included in the acquisition deal. Both sites generate revenue via direct links to merchants where money is earned for each consumer click and purchase via the eCommerce sites. The New York Times is the definitive source for news, information and entertainment, and now, were w |
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