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.

Avsnitt(2804)

'The Interview': 3 Senators Who Quit on Why Congress Won’t Stand Up to Trump

'The Interview': 3 Senators Who Quit on Why Congress Won’t Stand Up to Trump

The current and former lawmakers get candid about bipartisan politics, party leadership and the state of the Senate.Thoughts? Email us at theinterview@nytimes.comWatch our show on YouTube: youtube.com...

13 Dec 202540min

Trump’s Plan to Reorder the World

Trump’s Plan to Reorder the World

President Trump has overseen an aggressive foreign policy, including harsh words about Europe and a lethal military campaign in the Caribbean.Last week, the White House unveiled its new national secur...

12 Dec 202535min

The Cracking of the Trump Coalition

The Cracking of the Trump Coalition

In the year since President Trump roared back to power, one of the most surprising story lines of his second term has been a series of public ruptures between him and the movement he created.Robert Dr...

11 Dec 202541min

The Liberal Justices Aren’t as United as You Might Think

The Liberal Justices Aren’t as United as You Might Think

The Supreme Court’s liberal minority has voted, over and over again, to oppose the court’s conservative majority in what might look like a united front of resistance. But behind the scenes, there are ...

10 Dec 202533min

Netflix vs. Paramount: Inside the Epic Battle Over Warner Brothers

Netflix vs. Paramount: Inside the Epic Battle Over Warner Brothers

Netflix announced plans on Friday to acquire Warner Bros. Discovery’s studio and streaming business, in a deal that would send shock waves through Hollywood.On Monday, Paramount made a hostile bid for...

9 Dec 202539min

Trump Sent Them to a Notorious Prison. Torture Followed.

Trump Sent Them to a Notorious Prison. Torture Followed.

Warning: This episode mentions suicide.In March, the U.S. government sent more than 200 Venezuelan men to a maximum-security prison in El Salvador. Over four months, the men said they endured physical...

8 Dec 202536min

Sunday Special: ’Tis the Season for Cookies

Sunday Special: ’Tis the Season for Cookies

The first week of December at The New York Times is known as “Cookie Week.” Every day, for seven days, our cooking team highlights a new holiday cookie recipe. This year’s batch features flavors that ...

7 Dec 202544min

'The Interview': Kristen Stewart Wants to Show Us a Different Kind of Sex

'The Interview': Kristen Stewart Wants to Show Us a Different Kind of Sex

The actress and director says the world of filmmaking needs a “full system break.”Thoughts? Email us at theinterview@nytimes.comWatch our show on YouTube: youtube.com/@TheInterviewPodcastFor transcrip...

6 Dec 202548min

Populärt inom Politik & nyheter

aftonbladet-krim
svenska-fall
p3-krim
rss-krimstad
spar
fordomspodden
flashback-forever
rss-sanning-konsekvens
aftonbladet-daily
rss-vad-fan-hande
motiv
rss-expressen-dok
rss-frandfors-horna
dagens-eko
rss-krimreportrarna
politiken
blenda-2
rss-aftonbladet-krim
rss-flodet
olyckan-inifran