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The Business Station
Robinhood Traders Lead Trades, But Institutions Make Rallies
9 mins·07:07, 8 Sept 2020
Robinhood Traders Lead Trades, But Institutions Make Rallies
9 mins
·
07:07, 8 Sept 2020
·
Recommended
SoftBank stock fell 7% yesterday following news that they had made massive bets on technology stocks using equity derivatives, while reports also indicate that SoftBnk could have been a driving force behind the tech rally we’ve seen. Jack gives us his thoughts on these SoftBank developments.
We also get his view on China’s top chipmaker, SMIC, which was down 23% on concerns of possible US sanctions.
Image credit: Glen Photo / Shutterstock
Presenter: Roshan Kanesan, Lyn Mak, Noelle Lim
Producer: Roshan Kanesan, Mike Gong
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