Chamath Palihapitiya, CEO of Social Capital, was on Scott Wapner's Fast Money: Halftime Report on CNBC to defend Robinhood and Redditor's buying up of Gamestop stock and spoiling the plans of market-manipulating hedge fund short sellers. Wapner thinks it's an outrage but Palihapitiya points out that "so-called momentum trading" is regularly practiced by quant traders and no one blinks an eye. It's only when non-one-percenters do it (and when it hurts the one-percenters) that it suddenly becomes a catastrophe that must be stopped.
After tearing GOP losers apart, Colbert gives an awesome explainer of the Gamestop stock shock. READ THE REST
Ah, yes, another case of mistaken social media handle identity. The World Wide Robin Hood Society, based in the heart of Sherwood, Nottingham, England, has a bunch of new followers on Twitter. CNN's Brian Fung observed, "People appear to be following @robinhood en masse without realizing that the handle belongs to the Robin Hood society… READ THE REST
Robinhood was founded to "provide everyone with access to financial markets, not just the wealthy." But after days of small-time amateurs crushing overexposed hedge funds, it is blocking users from trading shares of GameStop, AMC and other companies involved in the action. Say hi to Wall Street's new sheriff. Retail brokerages restricted trading on Thursday… READ THE REST
Whether you're looking to learn some of today's AI systems to beef up your resume or are hoping to head on a new career path because you're so bored of your current desk job you could cry, mastering the art of machine learning may just be what the doctor ordered. Unlike a lot of other… READ THE REST
There's a lot to be said about learning a new language as an adult. Among other reasons why having an extensive vocabulary in any language is important, learning a new tongue is a perfect way to score a new job, have an impressive ice breaker, or just keep your mind fresh while learning how to… READ THE REST
The weather (among other things) has been absolutely atrocious this past year, and no one knows heartbreak more than someone who was five minutes away from finishing a major project when the power decides to take its final bow for an undisclosed amount of time. This set of power stations are yours for the taking… READ THE REST