The GameStop Rebellion
The Daily1 Feb 2021

The GameStop Rebellion

This episode contains strong language.

GameStop can feel like a retailer from a bygone era. But last week, it was dragged back into the zeitgeist when it became the center of an online war between members of an irreverent Reddit subforum and hedge funds — one that left Wall Street billions of dollars out of pocket.

Today, we look at how and why the GameStop surge happened, as well as how it can be viewed as the story of our time.

Guests: Taylor Lorenz, a technology reporter covering internet culture for The New York Times; and Andrew Ross Sorkin, a financial columnist for The Times.

For an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. You can read the latest edition here.

Background reading:

  • GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze on Wall Street.
  • A legion of young people — primarily male — have been pouring into digital trading floors for years, raised on social media and eager to teach themselves about stocks. These are the misfits shaking up Wall Street.
  • It has been a weird time in the stock market, where a video game retailer has suddenly become the center of attention. Here are four things you need to know about the GameStop insanity.

For more information on today’s episode, visit nytimes.com/thedaily

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episoder(2802)

Where ‘The Daily’ Gets Its Music

Where ‘The Daily’ Gets Its Music

In a special, subscriber-only episode of “The Daily,” we go behind the scenes of the production process.Dan Powell and Marion Lozano, who compose the music for the show, discuss the D.N.A. of the “Dai...

25 Okt 202517min

'The Interview': Anthony Hopkins on Quitting Drinking and Finding God

'The Interview': Anthony Hopkins on Quitting Drinking and Finding God

The legendary actor, 87, is looking back with tears in his eyes.Thoughts? Email us at theinterview@nytimes.comWatch our show on YouTube: youtube.com/@TheInterviewPodcastFor transcripts and more, visit...

25 Okt 202540min

Demolition at the White House

Demolition at the White House

The Trump administration completed its demolition of the East Wing of the White House on Thursday to make way for a new presidential ballroom.Luke Broadwater, who covers the White House, explains who ...

24 Okt 202527min

Is the U.S. Trying to Oust the Government in Venezuela?

Is the U.S. Trying to Oust the Government in Venezuela?

For months, President Trump has been ratcheting up the pressure on Venezuela with increasingly aggressive military actions that the administration claims are about targeting drug traffickers.But behin...

23 Okt 202529min

Le Heist

Le Heist

In just under 10 minutes on Sunday, thieves stole precious jewelry from the Louvre Museum in Paris after using a truck-mounted ladder to break into a second-floor window.Catherine Porter, a New York T...

22 Okt 202527min

How Trump Upended 60 Years of Civil Rights

How Trump Upended 60 Years of Civil Rights

During his second term, President Trump has upended 60 years of civil rights, largely under the guise of attacking diversity, equity and inclusion.Nikole Hannah-Jones, who covers racial injustice and ...

21 Okt 202538min

Why the Stock Market Just Keeps Going Up

Why the Stock Market Just Keeps Going Up

Tariffs are at their highest rate in nearly a century, and the labor market is weakening. These are volatile times for the U.S. economy — but the stock market keeps going up.Joe Rennison, a reporter c...

20 Okt 202530min

Sunday Special: Springsteen, Dylan and the Art of the Biopic

Sunday Special: Springsteen, Dylan and the Art of the Biopic

On Friday, “Springsteen: Deliver Me From Nowhere” will be released in theaters. Rather than chronicling Bruce’s entire life, the film focuses on the making of his stripped-down 1982 album “Nebraska” a...

19 Okt 20251h

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
forklart
i-retten
popradet
stopp-verden
aftenpodden-usa
lydartikler-fra-aftenposten
rss-gukild-johaug
det-store-bildet
fotballpodden-2
dine-penger-pengeradet
nokon-ma-ga
rss-ness
hanna-de-heldige
aftenbla-bla
frokostshowet-pa-p5
rss-penger-polser-og-politikk
e24-podden
rss-utenrikskomiteen-med-bogen-og-grasvik