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2021-01-31

Hehe//@Donn: CROOKS!

Robinhood Raises $1 Billion in Dash for Cash After Trader Revolt

2021-01-31

Hehe//@Sckudd: [Smile] [Happy]

Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day

2021-01-31

//@Sckudd: [Smile] [Happy]

Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day

2021-01-31

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href=\"https://laohu8.com/U/3570617809207113\">@Donn</a>: CROOKS!","listText":"Hehe//<a href=\"https://laohu8.com/U/3570617809207113\">@Donn</a>: CROOKS!","text":"Hehe//@Donn: CROOKS!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/312168923","repostId":"1137182252","repostType":4,"repost":{"id":"1137182252","kind":"news","pubTimestamp":1611909009,"share":"https://ttm.financial/m/news/1137182252?lang=&edition=fundamental","pubTime":"2021-01-29 16:30","market":"sg","language":"en","title":"Robinhood Raises $1 Billion in Dash for Cash After Trader Revolt","url":"https://stock-news.laohu8.com/highlight/detail?id=1137182252","media":"Bloomberg","summary":"New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of ","content":"<p>New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of the continuing drama: Legions ofRobinhood Marketsinvestors versus hedge-fund Goliaths.</p><p>But within minutes, a shock wave invisible to the outside world rattled the mechanics of Wall Street -- sending Robinhood rushing for more than $1 billion of additional cash. The stock market’s central clearing hub had demanded large sums of collateral from brokerages including Robinhood that for weeks had facilitated spectacular jumps in shares such as GameStop Corp.</p><p>The Silicon Valley venture with the wildly popular no-fee trading app came to a crossroads. It reined in the risk to itself by banning certain trades and unwinding client bets -- igniting an outcry from customers and even U.S. political leaders. By that night, word was emerging that Robinhood had raised more than $1 billion from existing investors anddrawn hundreds of millions morefrom bank credit lines to weather the storm.</p><p>“Look, it is not negotiable for us to comply with our financial requirements and our clearinghouse deposits,” Robinhood Chief Executive Officer Vlad Tenev said in defending his firm’s decisions on Thursday in a Bloomberg Television interview. “We have to do that.”</p><p>The capital injection is “a strong sign of confidence from investors that will help us continue to further serve our customers,” a Robinhood spokesperson later said in an emailed statement. The money will allow the firm to “continue to invest in record growth.”</p><p>When the history of this month’s stock mania is written, it may be a story of how retail traders set out from Reddit message boards to challenge Wall Street’s status quo -- and ended up battering their beloved brokerage too.</p><p>For weeks, Robinhood, with a mission “to democratize finance for all,” has been their trading platform of choice as they inflictedbillions of dollars of losseson hedge funds by sending stocks that those firms had shorted into the stratosphere -- a sort-of populist crusade into the staid world of finance.</p><p>Robinhood’s trading restrictions made virtually nobody happy Thursday, except perhaps the hedge funds. In a surreal scene, political archenemies Alexandria Ocasio-Cortez and Ted Cruz found common ground in lashing the firm’s decisions. Conspiracy theories erupted online.</p><p>The question is whether such critics will dig into the industry’s inner workings, where pressure mounted on Robinhood and other firms to limit certain trades. That would put a rare spotlight on arcane parts of the market designed to prevent catastrophe, such as theDepository Trust &amp; Clearing Corp.</p><p>Not ‘Nefarious’What's moving marketsStart your day with the 5 Things newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand&nbsp;Terms of Service.</p><p>One key consideration for brokers, particularly around high-flying and volatile stocks like GameStop, is in the money they must put up with the DTCC while waiting a few days for stock transactions to settle. Those outlays, which behave like margin in a brokerage account, can create a cash crunch on volatile days, say when GameStop falls from $483 to $112 like it did at one point during Thursday’s session.</p><p>“It’s not really Robinhood doing nefarious stuff,” said Bloomberg Intelligence analyst Larry Tabb. “It’s the DTCC saying ‘This stuff is just too risky. We don’t trust that these guys have the cash to be able to withstand settling these things two days from now, because in two days, who knows what the price could be, it could be zero.’”</p><p>The trouble on Thursday began around 10 a.m., when after days of turbulence, the DTCC demanded significantly more collateral from member brokers, according to two people familiar with the matter.</p><p>A spokesman for the DTCC wouldn’t specify how much it required from specific firms but said that by the end of the day industrywide collateral requirements jumped to $33.5 billion, up from $26 billion.</p><p>‘Rare Circumstances’</p><p>Brokerage executives rushed to figure out how to come up with the funds. Robinhood’s reaction drew the most public attention, but the firm wasn’t alone in limiting trading of stocks such as GameStop and AMC Entertainment Holdings Inc.</p><p>In fact,Charles Schwab Corp.’s TD Ameritrade curbed transactions in both of those companies on Wednesday.Interactive Brokers Group Inc.andMorgan Stanley’s E*Trade took similar action Thursday.</p><p>Thomas Peterffy, the billionaire chairman of Greenwich, Connecticut-based Interactive Brokers, told Bloomberg TV the restrictions were prompted by concerns “about the integrity of the marketplace and the system.”</p><p>E*Trade stressed that its measures were a highly unusual. “We take actions like this seriously, and only initiate them in rare circumstances,” said spokesman Thayer Fox, adding that he expected normal trading to resume Friday.</p><p>Robinhood said after markets closed that it plans to allow “limited buys” to resume in affected securities. It also tried to assuage customer concerns with an email that evening: “This was a temporary decision made to best continue serving you, and was not an easy one to make.”</p><p>Credit Lines</p><p>The firm has tapped at least several hundred million dollars from its bank credit lines, a person with knowledge of the situation said. The company’s lenders includeJPMorgan Chase &amp; Co.andGoldman Sachs Group Inc., according todatacompiled by Bloomberg. Representatives for Robinhood and those banks declined to comment.</p><p>Robinhood’s capital remains “strong,” CEO Tenev told Bloomberg TV, underscoring that the restrictions helped protect both the brokerage and its clients.</p><p>One question is whether frustrated customers will forgive what some see as a betrayal in their campaign against Wall Street’s financial elite.</p><p>Douglas Bray, a software developer from Connecticut who’s been using Robinhood for about five years, said he plans to withdraw about $100,000 after the trading restrictions.</p><p>“I’m disappointed I could not keep my money in GME like any institutional investor could,” said Bray, 32, referring to GameStop’s ticker. “Hedge funds are on the brink of a massive short squeeze and appear to be calling in all the cavalry. So brokers are now ‘protecting’ customers as a facade so that they can appease their institutional backers. The entire community is outraged.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Raises $1 Billion in Dash for Cash After Trader Revolt</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Raises $1 Billion in Dash for Cash After Trader Revolt\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 16:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-01-29/for-robinhood-a-dash-for-cash-after-traders-took-on-wall-street?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of the continuing drama: Legions ofRobinhood Marketsinvestors versus hedge-fund Goliaths.But within ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-01-29/for-robinhood-a-dash-for-cash-after-traders-took-on-wall-street?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-01-29/for-robinhood-a-dash-for-cash-after-traders-took-on-wall-street?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137182252","content_text":"New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of the continuing drama: Legions ofRobinhood Marketsinvestors versus hedge-fund Goliaths.But within minutes, a shock wave invisible to the outside world rattled the mechanics of Wall Street -- sending Robinhood rushing for more than $1 billion of additional cash. The stock market’s central clearing hub had demanded large sums of collateral from brokerages including Robinhood that for weeks had facilitated spectacular jumps in shares such as GameStop Corp.The Silicon Valley venture with the wildly popular no-fee trading app came to a crossroads. It reined in the risk to itself by banning certain trades and unwinding client bets -- igniting an outcry from customers and even U.S. political leaders. By that night, word was emerging that Robinhood had raised more than $1 billion from existing investors anddrawn hundreds of millions morefrom bank credit lines to weather the storm.“Look, it is not negotiable for us to comply with our financial requirements and our clearinghouse deposits,” Robinhood Chief Executive Officer Vlad Tenev said in defending his firm’s decisions on Thursday in a Bloomberg Television interview. “We have to do that.”The capital injection is “a strong sign of confidence from investors that will help us continue to further serve our customers,” a Robinhood spokesperson later said in an emailed statement. The money will allow the firm to “continue to invest in record growth.”When the history of this month’s stock mania is written, it may be a story of how retail traders set out from Reddit message boards to challenge Wall Street’s status quo -- and ended up battering their beloved brokerage too.For weeks, Robinhood, with a mission “to democratize finance for all,” has been their trading platform of choice as they inflictedbillions of dollars of losseson hedge funds by sending stocks that those firms had shorted into the stratosphere -- a sort-of populist crusade into the staid world of finance.Robinhood’s trading restrictions made virtually nobody happy Thursday, except perhaps the hedge funds. In a surreal scene, political archenemies Alexandria Ocasio-Cortez and Ted Cruz found common ground in lashing the firm’s decisions. Conspiracy theories erupted online.The question is whether such critics will dig into the industry’s inner workings, where pressure mounted on Robinhood and other firms to limit certain trades. That would put a rare spotlight on arcane parts of the market designed to prevent catastrophe, such as theDepository Trust & Clearing Corp.Not ‘Nefarious’What's moving marketsStart your day with the 5 Things newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand Terms of Service.One key consideration for brokers, particularly around high-flying and volatile stocks like GameStop, is in the money they must put up with the DTCC while waiting a few days for stock transactions to settle. Those outlays, which behave like margin in a brokerage account, can create a cash crunch on volatile days, say when GameStop falls from $483 to $112 like it did at one point during Thursday’s session.“It’s not really Robinhood doing nefarious stuff,” said Bloomberg Intelligence analyst Larry Tabb. “It’s the DTCC saying ‘This stuff is just too risky. We don’t trust that these guys have the cash to be able to withstand settling these things two days from now, because in two days, who knows what the price could be, it could be zero.’”The trouble on Thursday began around 10 a.m., when after days of turbulence, the DTCC demanded significantly more collateral from member brokers, according to two people familiar with the matter.A spokesman for the DTCC wouldn’t specify how much it required from specific firms but said that by the end of the day industrywide collateral requirements jumped to $33.5 billion, up from $26 billion.‘Rare Circumstances’Brokerage executives rushed to figure out how to come up with the funds. Robinhood’s reaction drew the most public attention, but the firm wasn’t alone in limiting trading of stocks such as GameStop and AMC Entertainment Holdings Inc.In fact,Charles Schwab Corp.’s TD Ameritrade curbed transactions in both of those companies on Wednesday.Interactive Brokers Group Inc.andMorgan Stanley’s E*Trade took similar action Thursday.Thomas Peterffy, the billionaire chairman of Greenwich, Connecticut-based Interactive Brokers, told Bloomberg TV the restrictions were prompted by concerns “about the integrity of the marketplace and the system.”E*Trade stressed that its measures were a highly unusual. “We take actions like this seriously, and only initiate them in rare circumstances,” said spokesman Thayer Fox, adding that he expected normal trading to resume Friday.Robinhood said after markets closed that it plans to allow “limited buys” to resume in affected securities. It also tried to assuage customer concerns with an email that evening: “This was a temporary decision made to best continue serving you, and was not an easy one to make.”Credit LinesThe firm has tapped at least several hundred million dollars from its bank credit lines, a person with knowledge of the situation said. The company’s lenders includeJPMorgan Chase & Co.andGoldman Sachs Group Inc., according todatacompiled by Bloomberg. Representatives for Robinhood and those banks declined to comment.Robinhood’s capital remains “strong,” CEO Tenev told Bloomberg TV, underscoring that the restrictions helped protect both the brokerage and its clients.One question is whether frustrated customers will forgive what some see as a betrayal in their campaign against Wall Street’s financial elite.Douglas Bray, a software developer from Connecticut who’s been using Robinhood for about five years, said he plans to withdraw about $100,000 after the trading restrictions.“I’m disappointed I could not keep my money in GME like any institutional investor could,” said Bray, 32, referring to GameStop’s ticker. “Hedge funds are on the brink of a massive short squeeze and appear to be calling in all the cavalry. So brokers are now ‘protecting’ customers as a facade so that they can appease their institutional backers. The entire community is outraged.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312161765,"gmtCreate":1612068227557,"gmtModify":1704867110990,"author":{"id":"3575029815169303","authorId":"3575029815169303","name":"Sckudd","avatar":"https://static.tigerbbs.com/1b2614bc293763d2adeadba51f58f11f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575029815169303","authorIdStr":"3575029815169303"},"themes":[],"htmlText":"Hehe//<a href=\"https://laohu8.com/U/3575029815169303\">@Sckudd</a>: [Smile] &nbsp; [Happy] &nbsp;","listText":"Hehe//<a href=\"https://laohu8.com/U/3575029815169303\">@Sckudd</a>: [Smile] &nbsp; [Happy] &nbsp;","text":"Hehe//@Sckudd: [Smile] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312161765","repostId":"2107290824","repostType":4,"repost":{"id":"2107290824","kind":"news","pubTimestamp":1611906472,"share":"https://ttm.financial/m/news/2107290824?lang=&edition=fundamental","pubTime":"2021-01-29 15:47","market":"us","language":"en","title":"Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2107290824","media":"Benzinga","summary":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent ","content":"<p><img src=\"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p><p><b>Tesla Inc&nbsp;</b>(NASDAQ: TSLA) Elon Musk&nbsp;has tweeted&nbsp;a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.</p><p><b>What Happened:</b>&nbsp;Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of <a href=\"https://laohu8.com/S/AONE\">one</a> day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at&nbsp;$0.03831&nbsp;at the time of publishing.<img src=\"https://static.tigerbbs.com/46bbb028feddda5c41119b1815263941\" tg-width=\"548\" tg-height=\"677\">Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing&nbsp;overwhelming support in the Dogecoin future.</p><p><b>Why It Matters:</b>&nbsp;This is not the first time Elon Musk has expressed his interest in the digital currency.</p><p>In December, Tesla CEO&nbsp;tweeted&nbsp;“One word: Doge” sending the cryptocurrency to a 20% surge.</p><p>Before that, his July&nbsp;tweet&nbsp;caused a 14% spike in Dogecoin price.</p><p>CoinMarketCap Head of Listings, however,&nbsp;in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.</p><p>\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, <a href=\"https://laohu8.com/S/AONE.U\">one</a> where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.</p><p>With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2107290824","content_text":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of one day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at $0.03831 at the time of publishing.Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing overwhelming support in the Dogecoin future.Why It Matters: This is not the first time Elon Musk has expressed his interest in the digital currency.In December, Tesla CEO tweeted “One word: Doge” sending the cryptocurrency to a 20% surge.Before that, his July tweet caused a 14% spike in Dogecoin price.CoinMarketCap Head of Listings, however, in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, one where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312161451,"gmtCreate":1612068214873,"gmtModify":1704867111151,"author":{"id":"3575029815169303","authorId":"3575029815169303","name":"Sckudd","avatar":"https://static.tigerbbs.com/1b2614bc293763d2adeadba51f58f11f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575029815169303","authorIdStr":"3575029815169303"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3575029815169303\">@Sckudd</a>: [Smile] &nbsp; [Happy] &nbsp;","listText":"//<a href=\"https://laohu8.com/U/3575029815169303\">@Sckudd</a>: [Smile] &nbsp; [Happy] &nbsp;","text":"//@Sckudd: [Smile] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312161451","repostId":"2107290824","repostType":4,"repost":{"id":"2107290824","kind":"news","pubTimestamp":1611906472,"share":"https://ttm.financial/m/news/2107290824?lang=&edition=fundamental","pubTime":"2021-01-29 15:47","market":"us","language":"en","title":"Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2107290824","media":"Benzinga","summary":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent ","content":"<p><img src=\"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p><p><b>Tesla Inc&nbsp;</b>(NASDAQ: TSLA) Elon Musk&nbsp;has tweeted&nbsp;a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.</p><p><b>What Happened:</b>&nbsp;Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of <a href=\"https://laohu8.com/S/AONE\">one</a> day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at&nbsp;$0.03831&nbsp;at the time of publishing.<img src=\"https://static.tigerbbs.com/46bbb028feddda5c41119b1815263941\" tg-width=\"548\" tg-height=\"677\">Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing&nbsp;overwhelming support in the Dogecoin future.</p><p><b>Why It Matters:</b>&nbsp;This is not the first time Elon Musk has expressed his interest in the digital currency.</p><p>In December, Tesla CEO&nbsp;tweeted&nbsp;“One word: Doge” sending the cryptocurrency to a 20% surge.</p><p>Before that, his July&nbsp;tweet&nbsp;caused a 14% spike in Dogecoin price.</p><p>CoinMarketCap Head of Listings, however,&nbsp;in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.</p><p>\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, <a href=\"https://laohu8.com/S/AONE.U\">one</a> where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.</p><p>With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2107290824","content_text":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of one day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at $0.03831 at the time of publishing.Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing overwhelming support in the Dogecoin future.Why It Matters: This is not the first time Elon Musk has expressed his interest in the digital currency.In December, Tesla CEO tweeted “One word: Doge” sending the cryptocurrency to a 20% surge.Before that, his July tweet caused a 14% spike in Dogecoin price.CoinMarketCap Head of Listings, however, in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, one where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312161652,"gmtCreate":1612068181676,"gmtModify":1704867110667,"author":{"id":"3575029815169303","authorId":"3575029815169303","name":"Sckudd","avatar":"https://static.tigerbbs.com/1b2614bc293763d2adeadba51f58f11f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575029815169303","authorIdStr":"3575029815169303"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312161652","repostId":"2107223679","repostType":2,"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":312168923,"gmtCreate":1612068284762,"gmtModify":1704867111636,"author":{"id":"3575029815169303","authorId":"3575029815169303","name":"Sckudd","avatar":"https://static.tigerbbs.com/1b2614bc293763d2adeadba51f58f11f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575029815169303","authorIdStr":"3575029815169303"},"themes":[],"htmlText":"Hehe//<a href=\"https://laohu8.com/U/3570617809207113\">@Donn</a>: CROOKS!","listText":"Hehe//<a href=\"https://laohu8.com/U/3570617809207113\">@Donn</a>: CROOKS!","text":"Hehe//@Donn: CROOKS!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/312168923","repostId":"1137182252","repostType":4,"repost":{"id":"1137182252","kind":"news","pubTimestamp":1611909009,"share":"https://ttm.financial/m/news/1137182252?lang=&edition=fundamental","pubTime":"2021-01-29 16:30","market":"sg","language":"en","title":"Robinhood Raises $1 Billion in Dash for Cash After Trader Revolt","url":"https://stock-news.laohu8.com/highlight/detail?id=1137182252","media":"Bloomberg","summary":"New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of ","content":"<p>New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of the continuing drama: Legions ofRobinhood Marketsinvestors versus hedge-fund Goliaths.</p><p>But within minutes, a shock wave invisible to the outside world rattled the mechanics of Wall Street -- sending Robinhood rushing for more than $1 billion of additional cash. The stock market’s central clearing hub had demanded large sums of collateral from brokerages including Robinhood that for weeks had facilitated spectacular jumps in shares such as GameStop Corp.</p><p>The Silicon Valley venture with the wildly popular no-fee trading app came to a crossroads. It reined in the risk to itself by banning certain trades and unwinding client bets -- igniting an outcry from customers and even U.S. political leaders. By that night, word was emerging that Robinhood had raised more than $1 billion from existing investors anddrawn hundreds of millions morefrom bank credit lines to weather the storm.</p><p>“Look, it is not negotiable for us to comply with our financial requirements and our clearinghouse deposits,” Robinhood Chief Executive Officer Vlad Tenev said in defending his firm’s decisions on Thursday in a Bloomberg Television interview. “We have to do that.”</p><p>The capital injection is “a strong sign of confidence from investors that will help us continue to further serve our customers,” a Robinhood spokesperson later said in an emailed statement. The money will allow the firm to “continue to invest in record growth.”</p><p>When the history of this month’s stock mania is written, it may be a story of how retail traders set out from Reddit message boards to challenge Wall Street’s status quo -- and ended up battering their beloved brokerage too.</p><p>For weeks, Robinhood, with a mission “to democratize finance for all,” has been their trading platform of choice as they inflictedbillions of dollars of losseson hedge funds by sending stocks that those firms had shorted into the stratosphere -- a sort-of populist crusade into the staid world of finance.</p><p>Robinhood’s trading restrictions made virtually nobody happy Thursday, except perhaps the hedge funds. In a surreal scene, political archenemies Alexandria Ocasio-Cortez and Ted Cruz found common ground in lashing the firm’s decisions. Conspiracy theories erupted online.</p><p>The question is whether such critics will dig into the industry’s inner workings, where pressure mounted on Robinhood and other firms to limit certain trades. That would put a rare spotlight on arcane parts of the market designed to prevent catastrophe, such as theDepository Trust &amp; Clearing Corp.</p><p>Not ‘Nefarious’What's moving marketsStart your day with the 5 Things newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand&nbsp;Terms of Service.</p><p>One key consideration for brokers, particularly around high-flying and volatile stocks like GameStop, is in the money they must put up with the DTCC while waiting a few days for stock transactions to settle. Those outlays, which behave like margin in a brokerage account, can create a cash crunch on volatile days, say when GameStop falls from $483 to $112 like it did at one point during Thursday’s session.</p><p>“It’s not really Robinhood doing nefarious stuff,” said Bloomberg Intelligence analyst Larry Tabb. “It’s the DTCC saying ‘This stuff is just too risky. We don’t trust that these guys have the cash to be able to withstand settling these things two days from now, because in two days, who knows what the price could be, it could be zero.’”</p><p>The trouble on Thursday began around 10 a.m., when after days of turbulence, the DTCC demanded significantly more collateral from member brokers, according to two people familiar with the matter.</p><p>A spokesman for the DTCC wouldn’t specify how much it required from specific firms but said that by the end of the day industrywide collateral requirements jumped to $33.5 billion, up from $26 billion.</p><p>‘Rare Circumstances’</p><p>Brokerage executives rushed to figure out how to come up with the funds. Robinhood’s reaction drew the most public attention, but the firm wasn’t alone in limiting trading of stocks such as GameStop and AMC Entertainment Holdings Inc.</p><p>In fact,Charles Schwab Corp.’s TD Ameritrade curbed transactions in both of those companies on Wednesday.Interactive Brokers Group Inc.andMorgan Stanley’s E*Trade took similar action Thursday.</p><p>Thomas Peterffy, the billionaire chairman of Greenwich, Connecticut-based Interactive Brokers, told Bloomberg TV the restrictions were prompted by concerns “about the integrity of the marketplace and the system.”</p><p>E*Trade stressed that its measures were a highly unusual. “We take actions like this seriously, and only initiate them in rare circumstances,” said spokesman Thayer Fox, adding that he expected normal trading to resume Friday.</p><p>Robinhood said after markets closed that it plans to allow “limited buys” to resume in affected securities. It also tried to assuage customer concerns with an email that evening: “This was a temporary decision made to best continue serving you, and was not an easy one to make.”</p><p>Credit Lines</p><p>The firm has tapped at least several hundred million dollars from its bank credit lines, a person with knowledge of the situation said. The company’s lenders includeJPMorgan Chase &amp; Co.andGoldman Sachs Group Inc., according todatacompiled by Bloomberg. Representatives for Robinhood and those banks declined to comment.</p><p>Robinhood’s capital remains “strong,” CEO Tenev told Bloomberg TV, underscoring that the restrictions helped protect both the brokerage and its clients.</p><p>One question is whether frustrated customers will forgive what some see as a betrayal in their campaign against Wall Street’s financial elite.</p><p>Douglas Bray, a software developer from Connecticut who’s been using Robinhood for about five years, said he plans to withdraw about $100,000 after the trading restrictions.</p><p>“I’m disappointed I could not keep my money in GME like any institutional investor could,” said Bray, 32, referring to GameStop’s ticker. “Hedge funds are on the brink of a massive short squeeze and appear to be calling in all the cavalry. So brokers are now ‘protecting’ customers as a facade so that they can appease their institutional backers. The entire community is outraged.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Raises $1 Billion in Dash for Cash After Trader Revolt</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Raises $1 Billion in Dash for Cash After Trader Revolt\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 16:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-01-29/for-robinhood-a-dash-for-cash-after-traders-took-on-wall-street?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of the continuing drama: Legions ofRobinhood Marketsinvestors versus hedge-fund Goliaths.But within ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-01-29/for-robinhood-a-dash-for-cash-after-traders-took-on-wall-street?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-01-29/for-robinhood-a-dash-for-cash-after-traders-took-on-wall-street?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137182252","content_text":"New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of the continuing drama: Legions ofRobinhood Marketsinvestors versus hedge-fund Goliaths.But within minutes, a shock wave invisible to the outside world rattled the mechanics of Wall Street -- sending Robinhood rushing for more than $1 billion of additional cash. The stock market’s central clearing hub had demanded large sums of collateral from brokerages including Robinhood that for weeks had facilitated spectacular jumps in shares such as GameStop Corp.The Silicon Valley venture with the wildly popular no-fee trading app came to a crossroads. It reined in the risk to itself by banning certain trades and unwinding client bets -- igniting an outcry from customers and even U.S. political leaders. By that night, word was emerging that Robinhood had raised more than $1 billion from existing investors anddrawn hundreds of millions morefrom bank credit lines to weather the storm.“Look, it is not negotiable for us to comply with our financial requirements and our clearinghouse deposits,” Robinhood Chief Executive Officer Vlad Tenev said in defending his firm’s decisions on Thursday in a Bloomberg Television interview. “We have to do that.”The capital injection is “a strong sign of confidence from investors that will help us continue to further serve our customers,” a Robinhood spokesperson later said in an emailed statement. The money will allow the firm to “continue to invest in record growth.”When the history of this month’s stock mania is written, it may be a story of how retail traders set out from Reddit message boards to challenge Wall Street’s status quo -- and ended up battering their beloved brokerage too.For weeks, Robinhood, with a mission “to democratize finance for all,” has been their trading platform of choice as they inflictedbillions of dollars of losseson hedge funds by sending stocks that those firms had shorted into the stratosphere -- a sort-of populist crusade into the staid world of finance.Robinhood’s trading restrictions made virtually nobody happy Thursday, except perhaps the hedge funds. In a surreal scene, political archenemies Alexandria Ocasio-Cortez and Ted Cruz found common ground in lashing the firm’s decisions. Conspiracy theories erupted online.The question is whether such critics will dig into the industry’s inner workings, where pressure mounted on Robinhood and other firms to limit certain trades. That would put a rare spotlight on arcane parts of the market designed to prevent catastrophe, such as theDepository Trust & Clearing Corp.Not ‘Nefarious’What's moving marketsStart your day with the 5 Things newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand Terms of Service.One key consideration for brokers, particularly around high-flying and volatile stocks like GameStop, is in the money they must put up with the DTCC while waiting a few days for stock transactions to settle. Those outlays, which behave like margin in a brokerage account, can create a cash crunch on volatile days, say when GameStop falls from $483 to $112 like it did at one point during Thursday’s session.“It’s not really Robinhood doing nefarious stuff,” said Bloomberg Intelligence analyst Larry Tabb. “It’s the DTCC saying ‘This stuff is just too risky. We don’t trust that these guys have the cash to be able to withstand settling these things two days from now, because in two days, who knows what the price could be, it could be zero.’”The trouble on Thursday began around 10 a.m., when after days of turbulence, the DTCC demanded significantly more collateral from member brokers, according to two people familiar with the matter.A spokesman for the DTCC wouldn’t specify how much it required from specific firms but said that by the end of the day industrywide collateral requirements jumped to $33.5 billion, up from $26 billion.‘Rare Circumstances’Brokerage executives rushed to figure out how to come up with the funds. Robinhood’s reaction drew the most public attention, but the firm wasn’t alone in limiting trading of stocks such as GameStop and AMC Entertainment Holdings Inc.In fact,Charles Schwab Corp.’s TD Ameritrade curbed transactions in both of those companies on Wednesday.Interactive Brokers Group Inc.andMorgan Stanley’s E*Trade took similar action Thursday.Thomas Peterffy, the billionaire chairman of Greenwich, Connecticut-based Interactive Brokers, told Bloomberg TV the restrictions were prompted by concerns “about the integrity of the marketplace and the system.”E*Trade stressed that its measures were a highly unusual. “We take actions like this seriously, and only initiate them in rare circumstances,” said spokesman Thayer Fox, adding that he expected normal trading to resume Friday.Robinhood said after markets closed that it plans to allow “limited buys” to resume in affected securities. It also tried to assuage customer concerns with an email that evening: “This was a temporary decision made to best continue serving you, and was not an easy one to make.”Credit LinesThe firm has tapped at least several hundred million dollars from its bank credit lines, a person with knowledge of the situation said. The company’s lenders includeJPMorgan Chase & Co.andGoldman Sachs Group Inc., according todatacompiled by Bloomberg. Representatives for Robinhood and those banks declined to comment.Robinhood’s capital remains “strong,” CEO Tenev told Bloomberg TV, underscoring that the restrictions helped protect both the brokerage and its clients.One question is whether frustrated customers will forgive what some see as a betrayal in their campaign against Wall Street’s financial elite.Douglas Bray, a software developer from Connecticut who’s been using Robinhood for about five years, said he plans to withdraw about $100,000 after the trading restrictions.“I’m disappointed I could not keep my money in GME like any institutional investor could,” said Bray, 32, referring to GameStop’s ticker. “Hedge funds are on the brink of a massive short squeeze and appear to be calling in all the cavalry. So brokers are now ‘protecting’ customers as a facade so that they can appease their institutional backers. The entire community is outraged.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312161765,"gmtCreate":1612068227557,"gmtModify":1704867110990,"author":{"id":"3575029815169303","authorId":"3575029815169303","name":"Sckudd","avatar":"https://static.tigerbbs.com/1b2614bc293763d2adeadba51f58f11f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575029815169303","authorIdStr":"3575029815169303"},"themes":[],"htmlText":"Hehe//<a href=\"https://laohu8.com/U/3575029815169303\">@Sckudd</a>: [Smile] &nbsp; [Happy] &nbsp;","listText":"Hehe//<a href=\"https://laohu8.com/U/3575029815169303\">@Sckudd</a>: [Smile] &nbsp; [Happy] &nbsp;","text":"Hehe//@Sckudd: [Smile] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312161765","repostId":"2107290824","repostType":4,"repost":{"id":"2107290824","kind":"news","pubTimestamp":1611906472,"share":"https://ttm.financial/m/news/2107290824?lang=&edition=fundamental","pubTime":"2021-01-29 15:47","market":"us","language":"en","title":"Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2107290824","media":"Benzinga","summary":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent ","content":"<p><img src=\"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p><p><b>Tesla Inc&nbsp;</b>(NASDAQ: TSLA) Elon Musk&nbsp;has tweeted&nbsp;a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.</p><p><b>What Happened:</b>&nbsp;Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of <a href=\"https://laohu8.com/S/AONE\">one</a> day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at&nbsp;$0.03831&nbsp;at the time of publishing.<img src=\"https://static.tigerbbs.com/46bbb028feddda5c41119b1815263941\" tg-width=\"548\" tg-height=\"677\">Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing&nbsp;overwhelming support in the Dogecoin future.</p><p><b>Why It Matters:</b>&nbsp;This is not the first time Elon Musk has expressed his interest in the digital currency.</p><p>In December, Tesla CEO&nbsp;tweeted&nbsp;“One word: Doge” sending the cryptocurrency to a 20% surge.</p><p>Before that, his July&nbsp;tweet&nbsp;caused a 14% spike in Dogecoin price.</p><p>CoinMarketCap Head of Listings, however,&nbsp;in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.</p><p>\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, <a href=\"https://laohu8.com/S/AONE.U\">one</a> where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.</p><p>With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2107290824","content_text":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of one day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at $0.03831 at the time of publishing.Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing overwhelming support in the Dogecoin future.Why It Matters: This is not the first time Elon Musk has expressed his interest in the digital currency.In December, Tesla CEO tweeted “One word: Doge” sending the cryptocurrency to a 20% surge.Before that, his July tweet caused a 14% spike in Dogecoin price.CoinMarketCap Head of Listings, however, in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, one where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312161451,"gmtCreate":1612068214873,"gmtModify":1704867111151,"author":{"id":"3575029815169303","authorId":"3575029815169303","name":"Sckudd","avatar":"https://static.tigerbbs.com/1b2614bc293763d2adeadba51f58f11f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575029815169303","authorIdStr":"3575029815169303"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3575029815169303\">@Sckudd</a>: [Smile] &nbsp; [Happy] &nbsp;","listText":"//<a href=\"https://laohu8.com/U/3575029815169303\">@Sckudd</a>: [Smile] &nbsp; [Happy] &nbsp;","text":"//@Sckudd: [Smile] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312161451","repostId":"2107290824","repostType":4,"repost":{"id":"2107290824","kind":"news","pubTimestamp":1611906472,"share":"https://ttm.financial/m/news/2107290824?lang=&edition=fundamental","pubTime":"2021-01-29 15:47","market":"us","language":"en","title":"Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2107290824","media":"Benzinga","summary":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent ","content":"<p><img src=\"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p><p><b>Tesla Inc&nbsp;</b>(NASDAQ: TSLA) Elon Musk&nbsp;has tweeted&nbsp;a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.</p><p><b>What Happened:</b>&nbsp;Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of <a href=\"https://laohu8.com/S/AONE\">one</a> day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at&nbsp;$0.03831&nbsp;at the time of publishing.<img src=\"https://static.tigerbbs.com/46bbb028feddda5c41119b1815263941\" tg-width=\"548\" tg-height=\"677\">Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing&nbsp;overwhelming support in the Dogecoin future.</p><p><b>Why It Matters:</b>&nbsp;This is not the first time Elon Musk has expressed his interest in the digital currency.</p><p>In December, Tesla CEO&nbsp;tweeted&nbsp;“One word: Doge” sending the cryptocurrency to a 20% surge.</p><p>Before that, his July&nbsp;tweet&nbsp;caused a 14% spike in Dogecoin price.</p><p>CoinMarketCap Head of Listings, however,&nbsp;in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.</p><p>\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, <a href=\"https://laohu8.com/S/AONE.U\">one</a> where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.</p><p>With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2107290824","content_text":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of one day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at $0.03831 at the time of publishing.Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing overwhelming support in the Dogecoin future.Why It Matters: This is not the first time Elon Musk has expressed his interest in the digital currency.In December, Tesla CEO tweeted “One word: Doge” sending the cryptocurrency to a 20% surge.Before that, his July tweet caused a 14% spike in Dogecoin price.CoinMarketCap Head of Listings, however, in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, one where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312161652,"gmtCreate":1612068181676,"gmtModify":1704867110667,"author":{"id":"3575029815169303","authorId":"3575029815169303","name":"Sckudd","avatar":"https://static.tigerbbs.com/1b2614bc293763d2adeadba51f58f11f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575029815169303","authorIdStr":"3575029815169303"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312161652","repostId":"2107223679","repostType":2,"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}