GameStop, AMC Shares Rise After Two-Day $7 Billion Wipeout
GameStop Corp. and AMC Entertainment Holdings Inc. were set to snap a two-day rout that erased about $7 billion in value, amid further signs of this week’s meme-stock frenzy fading.
GameStop Corp. and AMC Entertainment Holdings Inc. were set to snap a two-day rout that erased about $7 billion in value, amid further signs of this week’s meme-stock frenzy fading.
The French government is moving to regain full control of the Pacific territory of New Caledonia, High Commissioner Louis Le Franc said, as extra security forces arrive in the archipelago to end a week of violent protests by pro-independence groups.
JPMorgan Chase & Co.’s asset management arm has created a new European money market fund focused on public debt, a kind of investment that largely disappeared when interest rates were negative.
European Central Bank Executive Board member Isabel Schnabel warned against back-to-back interest-rate cuts in June and July.
European stocks retreated further from this week’s record levels as dialed-down bets for Federal Reserve policy easing prompted a pull-back from riskier assets.
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