What once was a story about Game Stop and Reddit, has suddenly become a story about Robinhood. I’ll catch you up. Everybody wants in on the newsletter game all the sudden. Hyundai is having second thoughts about building an Apple Car, and a special stonks themed edition of the weekend longreads suggestions.
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Links:
Robinhood, in Need of Cash, Raises $1 Billion From Its Investors (NYTimes)
Facebook is said to be planning newsletter tools to court independent writers. (NYTimes)
Hyundai wrestles with the risks of embracing Apple (Reuters)
SEC scrutiny delays Roblox stock market listing (CNBC)
Weekend Longreads Suggestion:
Inside the Reddit army that's crushing Wall Street (CNN Business)
The Big Short SQUEEZE from $5 to $50? Could GameStop stock (GME) explode higher?? Value investing! (Roaring Kitty)
How a Penny Stock Explodes From Obscurity to 451% Gains Via Chat Forums (Bloomberg)
Think Americans Wouldn’t Wager on Russian Table Tennis? Care to Bet? (NyTimes)
CashApp Is King (Aika's Newsletter)
Can Growth Go Out of Style? (Irrelevant Investor)
YouTube’s Spammy Sex Bots Make a Ton of Money (OneZero)
Who’s Making All Those Scam Calls? (NYTimes Magazine)
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