meta_pixel
Tapesearch Logo
Log in
Viewsroom

Viewsroom: Short squeeze craziness, Oz in the lead

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 28 January 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

Something completely wacky is happening with GameStop and a few other stocks favored by short sellers, and it’s likely to end very poorly for some armchair traders, Breakingviews columnists discuss. Plus, a visit to our Melbourne bureau for tennis and Google lessons.  See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Something unexpected has arrived in Happy Meal. Teenage Mutant Ninja Turtles and Hello Kitty and friends are teaming up for the ultimate collab.

0:08.3

Joining your little ones on a fun-fueled adventure. Some fun, some food, it's all inside this happy meal.

0:16.2

Until the 2nd of February from 11am includes one pre-selected book or toy whilst it's last.

0:20.7

This Breaking Views podcast is sponsored by Refnative.

0:24.5

The views expressed on this podcast are those of the participants, not of Roiders' News.

0:34.2

Welcome to the Views' Weekly Podcasts brought to you by Reuters Breaking Views.

0:38.7

I'm Rob Cox, the editor of Breaking Views, coming to you from Zurich, Switzerland.

0:42.3

Now, I don't even know where to start with summing up this week's segment with my colleagues, Liam Proud in London,

0:47.6

John Foley and Annie Somancy in New York.

0:50.0

They've been covering this wacky situation where a company, called GameStop,

0:53.6

that by all rights looks to be going out of business has shot absolutely through the moon.

0:58.0

In what looks like a form of financial market populism, it appears the little guys, as it were, are sticking it to the big guys by using options to pump up the game retailer shares,

1:08.0

then forcing the big investors betting against it to go out and buy

1:11.4

the stock and cover their positions.

1:15.2

It's not an isolated incident either.

1:17.2

Something's happening in Europe as well.

1:18.9

And somebody is definitely going to get hurt.

1:21.8

That's the one thing I can guarantee you.

1:24.2

After that, I chat with Jeff Goldfarb, our Asia editor, Melbourne, about Australia's attempts

1:28.3

to hold the first tennis grand slam tournament of the year, and a spat brewing between the government

1:33.3

and Google, which may actually go global. Give a listen.

1:38.4

GameStop Corporation, I would have thought that this was a company going towards bankruptcy,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Reuters, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Reuters and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.