debt

GME Stock Tumbles Amid GameStop Offering Debt FUD: Should You Buy The Dip?

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From mall staple with neckbeard cashiers to Reddit rally cry, the latest GameStop offering has moved into convertible debt, looking to raise $1.75 billion in private funding. What it plans to do with the money is anyone’s guess, but the crypto crowd is already bracing for a BTC headline. It’s a long way from selling … Read more

Dow Jones up 150 points, stocks inch up with U.S. debt in focus

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DOW Jones up 140 points on retail spending figures and Wallmart price hike warning

U.S. stock indices edge higher despite rising bond yields and debt concerns. U.S. stock indices inched up on Thursday, even as rising bond yields and concerns over mounting government debt cast uncertainty over the broader economy. On May 22, the Dow Jones Industrial Average traded at 42,013 points, up 153 points or 0.36 percent. The … Read more