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Jim Obergefell, of the landmark Supreme Court ruling on same-sex marriage, is running for office in Ohio

Businessinsider - Tue, 01/18/2022 - 22:26
Jim Obergefell on March 6, 2015.
  • Jim Obergefell is running as a Democrat for the 89th Ohio House District seat. 
  • Obergefell was the plaintiff in the 2015 Supreme Court case that determined states must recognize same-sex marriages.
  • The District 89 seat is currently held by D.J. Swearingen, a Republican who has held office since 2019.

The plaintiff of the landmark Supreme Court case on gay marriage is running for state office. 

Jim Obergefell from Obergefell v. Hodges – the 2015 case that determined all states must recognize same-sex marriages – is running as a Democrat for the Ohio House of Representatives District 89 seat.

"With unwavering values and the experience it takes to be an effective advocate, I want to fight for Erie and Ottawa Counties. I am asking for your vote to be your State Representative at the Ohio Statehouse," Obergefell, said in a statement announcing his run on Tuesday morning. 

—Jim Obergefell (@JimObergefell) January 18, 2022


The District 89 seat is currently held by D.J. Swearingen, a Republican who has held office since 2019. In 2020, Swearingen beat his Democratic opponent by nearly 15 percentage points. The majority-white district, which borders Lake Erie, has been represented by Republicans since 2015. 

The specific lines of the district may change after the Ohio State Supreme Court struck down the GOP-drawn state legislative maps. The court also tossed the state's GOP-biased congressional district map as well. 

Obergefell's monumental Supreme Court win began with a tragedy when his husband, John Arthur, died of Lou Gehrig's disease in 2013.

Obergefell and Arthur had wed earlier that year on the tarmac of an airport in Maryland, where same-sex marriage was legal. After Arthur's death, Ohio refused to list Obergefell as the spouse on Arthur's death certificate, resulting in Obergefell's victorious lawsuit. 

After the win, he penned an emotional letter that was released by the White House. 

"I can finally relax knowing that Ohio can never erase our marriage from John's death certificate, and my husband can now truly rest in peace," Obergefell wrote. 

Read the original article on Business Insider

Nasdaq falls nearly 3% as US stocks plummet on interest rate worries

Businessinsider - Tue, 01/18/2022 - 22:20
Traders work on the floor of the New York Stock Exchange (NYSE) on March 20, 2020 in New York City.

US stocks plunged on Tuesday as Treasury yields jumped on investor fears of the Federal Reserve's schedule for tightening monetary policy.   

The tech-heavy Nasdaq 100 was down nearly 3%, dragged by mega-cap giants from Meta (formerly Facebook) to Tesla. The Dow Jones Industrial Average slipped to its lowest this year while the S&P 500 also tumbled, with 10 out of 11 industry groups closing in the red. 

The 10-year Treasury yield rose to 1.87% — its highest level since January 2020 — up from Friday's 1.771%. Bond yields move inversely to prices.  

Here's where US indexes stood after the 4:00 p.m. ET close on Tuesday:

Stock markets have been roiled in early 2022 by expectations that the Fed will repeatedly hike rates and start reducing its balance sheet, bringing an end to the central bank's massive support of the US economy through the pandemic. Tech stocks, in particular, which have largely benefitted from a low-interest-rate environment, have started to feel the pressure.

"The Fed has engineered a massive hawkish pivot, contributing to an increase in volatility recently," Jeff Buchbinder, equity strategist at LPL Financial, said in a Tuesday note. But he explained this turbulence is normal. 

"Stocks have historically performed well leading up to and after the first rate hike of a cycle, with significant upside before eventual bull market tops," Buchbinder said. "Bottom line, even with rate hikes coming soon, we think this economic cycle and bull market have quite a bit left in the tank."

Still, the S&P 500 could see a further 10% decline if it breaks below 4,546, a key support level that it is fast approaching, Katie Stockton of Fairlead Strategies said. The benchmark needs to hold this crucial support to prevent further downside.  

Microsoft agreed to acquire Activision Blizzard for $69 billion in an all-cash transaction. Shares of Activision soared as much as 38% while shares of Microsoft fell about 2%. 

Joining the rally were other video-game stocks. Electronic Arts and Ubisoft surged by roughly 7% each. Roblox rallied more than 2% while "Grand Theft Auto" maker Take-Two — which reached a deal last week to buy Zynga — tacked on 5%. 

Goldman Sachs, meanwhile, fell as much as nearly 9% after missing estimates for its fourth-quarter earnings report. Banks kicked off the earnings season last Friday. 

In cryptocurrencies, bitcoin extended its losses to continue trading below $42,000 as the risk-off sentiment hurting tech stocks weighs on crypto. Ethereum, the second-largest digital asset, was also trading lower to $3,111.

Oil prices surpassed their highest levels since 2014 in the wake of a deadly oil tanker attack in the Middle East that stoked supply concerns.

West Texas Intermediate crude oil rose as much as 2.49% to $85.91 per barrel. Brent crude, oil's international benchmark, jumped as much as 1.73% to $87.98 per barrel.

Gold slipped 0.28% to $1,814.27 per ounce. 

Read the original article on Business Insider

Nu skal ærmerne smøges op: Her er Danmarks modstandere i mellemrunden

DR Sporten - Tue, 01/18/2022 - 22:14
Der venter Danmark fire opgør i mellemrunden ved EM i håndbold. Nogle sværere end andre.
Categories: Sport

Top advisor says Biden's team 'underestimated' disinformation and political opposition to its pandemic plans

Businessinsider - Tue, 01/18/2022 - 22:07
President Joe Biden speaks during his COVID-19 response during a Jan. 13 speech on the White House campus.
  • The White House has a mixed record on its management of the pandemic, a report found.
  • One top advisor said the White House underestimated the amount of political opposition they would face.
  • "Everyone had a failure to anticipate delta and omicron, the administration included," another offered.

President Biden's top pandemic advisor says the administration didn't anticipate how much disinformation and sheer political opposition would undermine the federal pandemic response.

"[W]e underestimated in that original strategy … the amount of disinformation and the fact that people would actually stand in the way of the pandemic response for political or other motivation,"  White House COVID-19 response coordinator Jeff Zients told The Washington Post.

The Post, in a lengthy examination of Biden's track record against the pandemic, found that the White House has both succeeded and struggled to implement much of its original 200-page COVID-19 plan. Officials and healthcare providers credit the White House for a vaccination campaign that has led at least 250 million Americans to receive at least one dose of the shot. But advisors say a novel and ever-changing virus combined at times with a lack of preparation has also undermined their efforts

"This is a good plan overcome by events," Andy Slavitt, who was the head of Biden's vaccine rollout, told The Post. "Everyone had a failure to anticipate delta and omicron, the administration included."

Health officials are especially concerned about the state of the global vaccination effort. According to Oxford's Our World in Data project, less than 5% of people in low-income countries have been vaccinated versus 71% of people in high-income nations. But addressing this vast disparity poses some thorny questions when the virus continues to spread domestically

"It's been difficult to get the White House to focus on improving vaccinations in Malawi, when the president is getting calls about overflowing hospitals in Missouri," one unnamed official told The Post.

Read the original article on Business Insider

Hong Kong seizes hamsters from pet store for mass cull

BBC News - World - Tue, 01/18/2022 - 22:01
A pet shop outbreak in "zero Covid" Hong Kong will result in the euthanasia of 2,000 small mammals.

Media protest restrictions on ex-officers trial in Floyd killing

Al Jazeera - Tue, 01/18/2022 - 21:57
News outlets, media groups say not enough people will be able to see the civil rights trial that starts on Thursday.

UK MPs criticize 'distracted' Biden for reluctance to support Ukraine ahead of potential invasion by Russia

Businessinsider - Tue, 01/18/2022 - 21:57
President Joe Biden.
  • Joe Biden's focus on domestic policy is leaving a 'vacuum' of leadership, UK MPs told Insider.
  • It came as the UK shipped weapons to Ukraine ahead of a possible invasion from Russia.
  • British lawmakers characterized other nations' responses as "supine" in comparison.

British MPs criticized a "distracted" Joe Biden for the deteriorating situation on the border of Ukraine, as a Russian invasion appeared increasingly likely. 

In recent weeks Ukraine has urged the likes of the US, UK, and Germany to provide military aid to help counter the buildup of Russian troops at its border

While the UK has sent anti-tank weapons and a small number of British troops. Biden has so far ruled out sending US troops to Ukraine. He too has sent weaponry, though the main focus on the White House has been economic sanctions.

Several MPs told Insider they believed the US President's focus on domestic policy and the Indo-Pacific caused a "vacuum" in global leadership that "has been taken advantage of" by Russia's President.

One Conservative MP, who only spoke on the condition of anonymity, said Biden had "taken his eye off the ball."

The MP also suggested that the 79-year-old may be too old for so demanding a job, asking: "Would you want your dad with his finger on the button?"

Others did not attack Biden's age, but did suggest his inaction was causing the situation to deteriorate.

Tobias Ellwood MP, a former defence minister who served as an officer in the British Army, said Biden's insular approach was one of several "different planets that are aligning here, leading us to instability and potential conflicts".

Ellwood, who is chairman of the House of Commons defence committee, said Washington under Biden has shown a "distracted and somewhat risk-averse" attitude towards geopolitics. He drew a link between the US stance on Ukraine and what he called the "very short-sighted" decision to pull out of Afghanistan, leading to its takeover by the Taliban.

"Somebody has to lead the West, and at the moment we are rudderless," he said.

"We are in for a very dangerous few years. I am not sure you could find anybody who thinks global civility is going to increase over the next few years rather than decrease."

Ellwood claimed that the US exit from Afghanistan "sent a message across the world" that the West is no longer up for the fight, which was being picked up by Russia, China and Iran.

"Ukraine is just a pawn in a bigger game," he said.

Another MP, who also requested anonymity, said the "vacuum" led to a feeling that "the reins would be passed over to the UK" when it came to dealing with Russia and Eastern Europe.

He added that some in the US had "raised an eyebrow" at the UK's plans to target the Indo-Pacific region, as "the US felt the UK needed to take care of its own backyard".

Ellwood — who has long sought a more robust role for Britain in world affairs — argued such ambitions were being thwarted by domestic problems in the UK.

He pointed to the "partygate" scandal engulfing UK politics, in which Prime Minister Boris Johnson has been left fighting for his political life by reports that he and his team held parties despite lockdown rules forbidding them.

"We are at the centre of a storm here, but we forget this is being watched across the world," he told Insider. "It is unpleasant to see our stock diminish as we go through this troubled chapter."

Asked if he thought the troubles in Britain would embolden Putin, Ellwood replied: "Absolutely right — how could you possibly muster the support to stand up to Putin, when the Prime Minister is struggling to command authority within his own party?

"It will be a factor, knowing that Britain – which might assume greater leadership at a moment of international crisis – will not have the appetite to do so."

Bob Seely, MP for the Isle of Wight, said "Western complacency" had contributed to the situation. Seely said both the US and EU had been "supine", resulting in a "lack of leadership in the Western world".

Seely also painted a bleak picture of how Russia could respond to economic sanctions, predicting an increase in cyber warfare, assets of Western firms in Russia being seized, and "maybe some more assassinations." 

"Russia has a broad tool box," Seely told Insider. "Putin will want to fight back."

Read the original article on Business Insider

A fintech behind the first 'crypto mortgage' sees a multi-billion dollar market in allowing borrowers to pledge their bitcoin to gain access to the real estate market

Businessinsider - Tue, 01/18/2022 - 21:57
Edward Smith/Getty Images
  • A fintech company named Milo is introducing what's billed as the world's first crypto mortgage. 
  • It says its 30-year, low-interest rate US crypto mortgage allows qualified borrowers to hold their bitcoin and buy real estate. 
  • Loans have been granted in an early-access stage, with the product expected to be available to most applicants early this year. 
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

A financial tech company is rolling out what it calls the world's first crypto mortgage through which borrowers obtain bitcoin-backed loans to buy real estate — combining the relatively new asset with one of the most established avenues of building wealth in America. 

The company, Milo, said its 30-year, low-interest rate US crypto mortgage will allow potential borrowers to pledge their bitcoin to purchase property and qualify in financing 100% of the purchase with no dollar down payments required. Loans have been granted in an early-access stage, with the product slated to be available to most applicants in early 2022. 

"I think this product really is a game-changer for many, many people. It accomplishes a lot of the aspects of what this consumer wants, which is to just continue to hold their bitcoin and be able to diversify and buy real estate – another fantastic wealth-creating asset," Milo CEO Josip Rupena told Insider in an interview. 

The crypto loan industry is already taking shape, as the cryptocurrency market marked a notable year in 2021 when it briefly soared beyond a $3 trillion valuation for the first time. Crypto-backed loans are secured loans that use bitcoin and other digital assets as collateral. 

Milo said its crypto mortgage already has a "large" waitlist, highlighting appetite among crypto investors to extend their wealth-building activities into housing as well as their reluctance to let go of their bitcoin to fund such purchases. 

Josip Rupena is the founder and CEO of fintech company Milo

It can be "very difficult for [crypto holders] to qualify for a mortgage because the existing framework with banks and other lenders out there don't consider that crypto wealth. What that means is that they have to look for alternative ways of buying real estate," said Rupena. "Once they sell their bitcoin or crypto, that creates unintended consequences of having to realize gains and tax consequences," he said. 

"And at the same time, the biggest concern for them is the opportunity cost over the existence of a bitcoin and digital assets. We've seen that over time it increases and appreciates, and has been appreciating," he said. "It's different for someone who has crypto than someone who lives in the conventional dollarized world. They really don't want to sell their crypto." 

If the purchase price of a property is $500,000, a potential Milo borrower would need to pledge, through a third-party custodian, at least $500,000. Rupena said it will underwrite the borrower, look at various data points and run due diligence on the property, the title, and all other aspects of a pending transaction. 

"That bitcoin will allow us to get comfortable with the consumer to be able to give them that loan. At the same time, they will continue to own the bitcoin through the course of the transaction," said Rupena. Milo is aiming to expand the product to allow borrowers to pledge other cryptocurrencies. Mortgage borrowers can pay monthly using crypto or fiat currency. 

Like other crypto loans, Milo's crypto mortgage has a margin-call component. 

"If the crypto does go down by a certain amount … they could be subject to that. But they do have the opportunity to pledge more to mitigate against those factors," said Rupena. He said transactions are structured to minimize the impact of price volatility. 

A licensed lender, Milo started in 2018 and is familiar with dealing with specialized customers as it has had a significant focus on clients living outside of the US. Rupena said the idea of a US crypto mortgage started because international customers who were holding digital assets were asking for such a product. 

He said credit checks are part of the lending process for US domestic borrowers. "For  international clients, [as] they don't have credit, we have found alternative ways of underwriting without credit … and then it's just one more data point for us." 

Milo's other mortgage products for foreign nationals have originated millions of dollars in loans, with applicants from at least 63 countries, he added. 

The crypto-mortgage market could be worth tens of billions of dollars, Rupena estimated. 

"We know that there are billions of dollars outstanding of existing loans that are backed by crypto, by the number of buyers out there. So we believe at a minimum, it's a multi-billion dollar opportunity, if not larger, and it could be larger given the size of real estate as an asset class," he said.

Read the original article on Business Insider

Muga silk is known as the 'golden thread.' Here's why a sari made with this silk can cost $6,500.

Businessinsider - Tue, 01/18/2022 - 21:49
  • A sari made from regular silk can cost $250 in India, while a muga silk sari can cost $6,500.
  • Muga silk has been made in Assam since 300 BC and was previously reserved for Indian royalty. 
  • This silk comes from the cocoons of muga silkworms, which are in danger of disappearing.

Unlike any other fabric, muga silk has a naturally lustrous gold sheen. It comes from the cocoons of muga moths that feed on som trees. A saree made with muga silk can cost $6,500, thousands more than other saris. But the caterpillars needed to make it are in danger. So what's happening to the muga silkworm? And why is this silk so expensive?

Read the original article on Business Insider

OpenSea acquires ethereum wallet Dharma Labs as the NFT marketplace's trading boom continues after landmark 2021

Businessinsider - Tue, 01/18/2022 - 21:44
  • OpenSea is acquiring ethereum wallet-maker Dharma Labs as part of a 2022 expansion push.
  • The largest marketplace for non-fungible tokens said it's aiming to significantly add to its team this year.
  • "We believe this union will be a force multiplier for NFTs and web3 adoption," the company said. 
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

OpenSea, the largest marketplace for non-fungible tokens, is acquiring ethereum wallet-maker Dharma Labs to help it build on a landmark 2021.

In a Tuesday blog post, OpenSea said it's in "build mode" after the market for NFTs, or digital pieces of art tied to the blockchain, boomed last year. The company said it's aiming to significantly add to its team as well as invest in the NFT and Web3 ecosystem. OpenSea's acquisition of Dharma Labs will help accomplish those goals, the company said. 

"We believe this union will be a force multiplier for NFTs and web3 adoption, and help us dramatically improve the experience of buying, minting, and selling NFTs on OpenSea — whether you're a beginner, or a pro," the company said in its statement.

As part of the deal, Dharma Labs cofounder and CEO Nadav Hollander will be OpenSea's new chief technology officer. The app, which has been around for the past two years, will sunset as part of the deal to prevent "jamming square pegs in round holes" at OpenSea, Dharma Labs said in its blog post.

The announcement follows a previous Insider report that OpenSea notched a new all-time high of more than $3.5 billion in monthly ethereum-based trading volume already in January, surging past previous records in December and August last year.

In 2021, the market for NFTs had a landmark year, according to OpenSea. Overall sales of the digital collectibles swelled to more than $41 billion last year, according to one estimate from blockchain data company Chainalysis. 

Read the original article on Business Insider

'Black Swan' author Nassim Taleb compared bitcoin to a disease, called it a speculative bubble, and said it was worthless. Here are 8 of his best tweets about the crypto.

Businessinsider - Tue, 01/18/2022 - 21:37
Nassim Nicholas Taleb.
  • Nassim Nicholas Taleb has compared bitcoin to a disease and called it worthless in recent months.
  • "The Black Swan" author said the cryptocurrency was in a fragile, speculative bubble.
  • Bitcoin isn't a currency, store of value, inflation hedge, or haven for investors, Taleb said.

Nassim Nicholas Taleb has posted a bunch of incendiary tweets about bitcoin over the past six months. The author of "The Black Swan" and "Antifragile" has compared the most valuable cryptocurrency to an infectious disease, dismissed it as worthless, and said it doesn't serve as a hedge against anything.

In the summer, Taleb said in an analysis dubbed the "Bitcoin Black Paper" that bitcoin wasn't a currency, a store of value, an inflation hedge, or a haven from government tyranny or catastrophe. He has used Twitter to amplify his view that bitcoin is a fragile bubble built on speculation instead of genuine value.

Here are 8 of Taleb's best tweets about bitcoin:

1. "View BTC is as a contagious disease. It will spread, spread & its price will rally until saturation, that is ~every sucker stupid enough to buy the story is invested. When all suckers are in, the prevailing belief will make it an 'obvious' investment. That's maximal fragility." (January 17)

2. "Almost nothing in financial history has been more fragile than bitcoin." (July 3)

3. "Bitcoin has been a magnet for imbeciles." (He was blasting critics who accused him of being too rigid in his views about bitcoin, even though he shifted from being excited about its potential to deciding it was worthless in 2020.) (July 30)

4. "Bitcoin may interest some for speculative purposes but anyone who claims that #bitcoin is a hedge against anything, financial or otherwise, is a certified fraud." (September 20)

5. "1- Bitcoin is no hedge for adversity 2- Bitcoin is no hedge for inflation 3- Bitcoin is no hedge for deflation 4- Bitcoin is no currency 5- Bitcoin is nothing." (December 4)

6. "It is an awkward, clunky & already obsolete product of low interest rates. It should collapse with inflation." (December 28)

7. "If after this morning you still think that #BTC is a hedge against world events, or represents 'diversification', you must stay out of finance, & take up some other hobby s.a. stamp collecting, bird watching or something less harmful to yourself & others." (November 26)

8. "I am not 'bearish' on #BTC. It is a tulip-bubble (without the aesthetics & disguized as a "currency"), hence it is as irrational to buy it as it is to SHORT it, perhaps even more. Gabish?" (October 21)

Read more: A 30-year market vet shares 5 indicators that show stocks are in dangerous territory as the Fed tightens and economic growth gets set to slow — all while valuations sit at historic highs

Read the original article on Business Insider

Bilbombe i Mogadishu dræber fire og sårer ni

DR Nyheder - Tue, 01/18/2022 - 21:31
Categories: Nyheder

WHO chief says pandemic 'nowhere near over' and 'new variants are likely to emerge'

Businessinsider - Tue, 01/18/2022 - 21:28
  • The director-general of the World Health Organization said that the pandemic is "nowhere near over."
  • "New variants are likely to emerge," Dr. Tedros Adhanom Ghebreyesus said at a press conference. 
  • As the Omicron variant surges, the world is averaging over 2.8 million daily new COVID-19 cases.

The World Health Organization's director-general said Tuesday COVID-19 is likely to continue to place a strain on healthcare systems around the globe.  

"This pandemic is nowhere near over and with the incredible growth of Omicron globally, new variants are likely to emerge," Dr. Tedros Adhanom Ghebreyesus said at a press conference. 

Ghebreyesus said tracking the virus remains essential for health care workers and noted that even mild COVID-19 cases are "inundating" healthcare facilities.  

"The virus is circulating far too intensely with many still vulnerable," Ghebreyesus said. "For many countries, the next few weeks remain really critical for health workers and health systems."

As the Omicron variant surges, the world is averaging over 2.8 million daily new COVID-19 cases, according to the latest data from Worldometers

In the US, which boasts a highest number of daily new cases than any other country, the seven-day average is nearly 800,000, according to the latest data from the Centers for Disease Control and Prevention.

Dr. Anthony Fauci, President Biden's chief medical advisor, said Monday during a virtual panel discussion at the World Economic Forum that it's too soon to tell if slowing the spread of the highly-contagious Omicron variant would spell the end of the pandemic. 

"I would hope that that's the case, but that would only be the case if we don't get another variant that eludes the immune response to the prior variant," Fauci said. 

He added: "It is an open question as to whether or not Omicron is going to be the live virus vaccination that everyone is hoping for."

Read the original article on Business Insider

These are the 10 most talked about stocks on Reddit's WallStreetBets forum

Businessinsider - Tue, 01/18/2022 - 21:22
  • Reddit's WallStreetBets forum entered the mainstream at the beginning of 2021 during the GameStop craze. 
  • Driving stocks like GameStop and AMC, retail investors congregating on the subreddit are a force in the stock market.
  • These are the 10 most popular stocks WallStreetBets is talking about right now.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

Following which stocks Reddit's WallStreetBets crowd is talking about paid off handsomely in 2021, as several have gone through epic rallies and seen heightened volatility. 

From GameStop to AMC Entertainment, the more than 11 million-member forum has driven the conversation in so-called meme stocks that have exploded higher amid overwhelming demand from retail investors. The surge in stocks with shaky fundamentals has led to several hedge fund blowups that were caught on the opposite side of the trade betting against the company in question.

GameStop's short-squeeze, in-part led by the WallStreetBets crowd, led to a more than 50% drawdown in multibillion-dollar hedge fund Melvin Capital. Meanwhile, the sharp rally in struggling movie theater chain AMC Entertainment caused billions of dollars in losses for short-sellers in May and June.

But since those short-squeezes caused destruction for some short sellers, shares of GameStop and AMC Entertainment have fallen by about 60% from their record highs as investors begin to confront the fundamental backdrop behind the companies.

As traders look to replicate the success of WallStreetBets stocks, one data aggregator is compiling the most mentioned stocks on Reddit's forum. 

These are the top 10 stocks Reddit's WallStreetBets forum is focused on right now, according to data compiled by SwaggyStocks. The list is based on mentions over the past 24 hours and financial data is sourced from Koyfin

10. Nvidia

Ticker: NVDA
WallStreetBets Mentions Over Past 24 Hours: 187
Market Capitalization: $651.6 billion
One-Week Performance: -4.8% 

Nvidia headquarters in Santa Clara, California

9. Apple

Ticker: AAPL
WallStreetBets Mentions Over Past 24 Hours: 230
Market Capitalization: $2.80 trillion
One-Week Performance: -0.9% 

An Apple store.

8. SoFi Technologies

Ticker: SOFI
WallStreetBets Mentions Over Past 24 Hours: 254
Market Capitalization: $9.9 billion
One-Week Performance: -7.7% 

SoFi Stadium during the NFL game between the Arizona Cardinals and the Los Angeles Rams on January 03, 2021, at SoFi Stadium in Inglewood, CA.

7. AMC Entertainment

Ticker: AMC
WallStreetBets Mentions Over Past 24 Hours: 263
Market Capitalization: $9.7 billion
One-Week Performance: -16.8% 

6. Lucid

Ticker: LCID
WallStreetBets Mentions Over Past 24 Hours: 305
Market Capitalization: $66.1 billion
One-Week Performance: -3.1% 

5. Digital World Acquisition

Ticker: DWAC
WallStreetBets Mentions Over Past 24 Hours: 338
Market Capitalization: $2.5 billion
One-Week Performance: 60.5% 

Former President Donald Trump.

4. Tesla

Ticker: TSLA
WallStreetBets Mentions Over Past 24 Hours: 740
Market Capitalization: $1.05 trillion
One-Week Performance: -0.8% 

3. GameStop

Ticker: GME
WallStreetBets Mentions Over Past 24 Hours: 863
Market Capitalization: $8.5 billion
One-Week Performance: -15.2% 

2. Microsoft

Ticker: MSFT
WallStreetBets Mentions Over Past 24 Hours: 909
Market Capitalization: $2.28 trillion 
One-Week Performance: -2.9% 

Microsoft Chief Legal Officer Brad Smith, CEO Satya Nadella, Executive Vice President and CFO Amy Hood, and Board Chairman John Thompson.

1. Activision Blizzard

Ticker: ATVI
WallStreetBets Mentions Over Past 24 Hours: 973
Market Capitalization: $64.9 billion 
One-Week Performance: 31.9% 

The Activision Blizzard booth during the 2013 E3 Electronic Entertainment Expo at Los Angeles Convention Center on June 11, 2013 in Los Angeles, California.Read the original article on Business Insider