NewsWatch: GameStop hearing challenges assumptions about rookie investors — ‘Retail investors making up this new surge are different’

This post was originally published on this site

MARKETWATCH FRONT PAGE

Robinhood CEO Vlad Tenev discussed average account sizes and user demographics during a congressional hearing on GameStop’s rise and fall. See full story.

The IRS says it’s done sending stimulus checks for now — here’s how to get your money if you were eligible and missed out

The IRS issued more than 307 million direct payments worth a combined $412 billion during the first and second round of stimulus checks. See full story.

Tilray stock loses steam as analysts say company not compelling as stand-alone business, look to Aphria deal

Tilray Inc. shares fell on Thursday, as analysts weighed in on the company’s latest quarterly earnings with most looking ahead to the company’s pending merger with Aphria Inc., saying Tilray looks less compelling on its own. See full story.

Ted Cruz cuts his Cancun vacation short after leaving Texas in the cold

Cruz has responded with: ‘Wanting to be a good dad,’ he flew to Mexico with his daughters because ‘they asked to take a trip with friends’ See full story.

Mortgage rates soar to highest level in months amid inflation concerns

‘The market’s outlook seems to suggest that the days of all-time low rates may be a thing of the past.’ See full story.

MARKETWATCH PERSONAL FINANCE

‘She’s putting in about 15 to 20 hours each week. The two families have shared the costs of the curriculum, school supplies and art supplies.’ See full story.