Skip to content
Search AI Powered

Latest Stories

Professor Blasted For Saying Stock Market Chaos Is Due To Young Men Not Having Enough Sex

Professor Blasted For Saying Stock Market Chaos Is Due To Young Men Not Having Enough Sex
Westend61/Getty Images

You may have heard—or read incessantly—wacky things happened in the stock market, particularly when it comes to GameStop, a publicly-traded video game retail seller.

In case you're new to it all—or hopelessly confused—the Associated Press published a nice crash course. Simply put, a bunch of people realized several billionaire hedge fund investors have purchased A LOT of GameStop stock over the last few years as the company has continuously struggled to be profitable.


Those investors were in a "short" position. They bought shares of the low-value stock and sold those, but with the requirement to buy them back, hoping to cash in if the stock did become valuable.

It's like betting on who one thinks will lose.

But recently, a large group of people on Reddit realized if they all banded together and bought the stock, the wealthy hedge-fund investors would be forced to buy the stock back, which would increase the stock's value, cause more people to buy the stock, and then force the investors to buy even more stock back.

That's exactly what happened.

GameStop's stock value has raised almost 1000% in just a few days. Redditors had initiated one of the biggest troll feedback loops we've ever seen and made a bunch of money doing it.

And although many have championed that ploy as a justified middle finger to Wall Street insiders of the 1%, some people are still critical of the Redditors behind the big explosion.

Scott Galloway, a Marketing Professor at the NYU Stern School of Business recently stereotyped all the Reddit stock market enthusiasts as nothing more than a cadre of sexless nerds.


But Twitter was not impressed with that argument at all.

They lashed back at Galloway, criticizing not only his take on the Wall Street situation itself, but also gender.

And even logic in general.





As similar dynamics play out with other typically low value stocks, only time will tell what other wild takes on the issue will surface.

More from Trending

A person cooking with a mis en place
person slicing green vegetable in front of round ceramic plates with assorted sliced vegetables during daytime

Chefs Break Down The Best Cooking 'Hacks' Everyone Should Know

While some people find cooking soothing and therapeutic, others might break into hives at the very thought of it.

Mainly owing to the fact that they don't always find the journey quite worth the payoff of a perfectly cooked roast chicken, or a spongy and creamy cake.

Keep ReadingShow less
Gavin Newsom; Screenshot of Donald Trump
Mario Tama/Getty Images; @atrupar/X

Gavin Newsom Hilariously Trolls Trump For Struggling To Stay Awake During Antifa Roundtable

California Governor Gavin Newsom mocked President Donald Trump for appearing to fall asleep during a White House roundtable about Antifa, which the administration recently designated a "domestic terror organization" even though it's not an organization at all.

Antifa is a loose network of anti-fascist activists with no central structure, no funding, no membership roster, and no offices or leadership hierarchy for prosecutors to target.

Keep ReadingShow less
Screenshots from @timleesblee's TikTok video
@timleesblee/TikTok

Remote Worker Speaks Out After Job Uses 'Dystopian' Software To Track His Productivity

There are a few vital truths to every office-based job. First, there are going to be "busy work" moments, from meetings to admin tasks to minor side-quest-style projects that add to the company in some small way but otherwise feel like a waste of time.

Second, as human beings, we all need breaks to restore our mental focus, so a person who occasionally scrolls through their personal email, sends a few texts to a friend, or even scrolls Instagram for a few minutes, will likely be more productive than those who attempt to lock in and do nothing but their job throughout their entire shift.

Keep ReadingShow less
Screenshot from @skylr.m's TikTok video
@skylr.m/TikTok

Texas Mechanic Speaks Out After Noticing How The Price Of Services Skyrocketed Within The Past Year

A mechanic in Texas turned heads with his observations about how dramatically prices have gone up in the past year.

TikToker @skylr.m from San Antonio, Texas, admitted that he doesn't know anything "about politics" but felt the price jumps he's been witnessing in real time are "pretty crazy."

Keep ReadingShow less
Tweet and photos from @ZONEofTECH's  Twitter (X) account
@ZONEofTECH/Twitter (X)

Man Hospitalized After Samsung Galaxy Smart Ring Swells On His Finger Before Flight

Most of us have worn a ring at some point in time. If the ring felt a little snug and struggled to pass the knuckle, we might have experienced that irrational fear that the ring might not ever come off again!

But for Twitter (X) user, Daniel, that became a valid concern while wearing his Samsung Galaxy Ring.

Keep ReadingShow less