This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

David Shapiro on Softbank's bull squeeze in US tech stock market

Loading player...

It was recently revealed that Japanese-based SoftBank was behind the "Nasdaq whale" - buying billions of dollars in technology company stock options in the past month. According to the Wall Street Journal, SoftBank bought $4bn in options on stocks such as Amazon, Apple, Alphabet, Facebook and Tesla - driving up volumes and contributing to a trading frenzy. In this excerpt from the Rational Radio webinar, BizNews founder Alec Hogg delves deeper into Nasdaq's SoftBank-related drop with market commentator David Shapiro. Learn more about your ad choices. Visit megaphone.fm/adchoices

9 Sep 2020 2AM English South Africa Investing · Business News

Other recent episodes

Kooyman: Making SA investable again, pressure from Washington, and November’s election stakes

FirstRand just put its UK business up for sale after a motor finance mis-selling scandal turned an eight-year-old acquisition into a multi-billion-rand headache, and analyst Kokkie Kooyman of Denker Capital walked Alec Hogg through what it's actually worth. He explained why Capitec is quietly trying to build six versions of…

16 Sep 9AM 38 min

Jacques Broodryk: Trump hits SA officials with “bombshell” visa restrictions

In this interview with Chris Steyn, Jacques Broodryk, the Chief Spokesperson for Community Safety at AfriForum, hails the announcement by the Trump administration of visa restrictions for those “responsible for, or complicit in, the enactment or implementation of laws or policies that enable uncompensated land seizures, race-based discrimination, and/or the…

16 Sep 7AM 16 min

Boardroom Talk: US announces visa restrictions on SA citizens relating to racism concerns

Washington has stopped talking about South Africa in the abstract. Secretary of State Marco Rubio has announced a new visa restriction policy aimed not at the country, but at named officials inside the Pretoria government, over land seizures, race-based discrimination and incitement. No names were published, but the bar for…

16 Sep 5AM 21 min

BN Daybreak: Kempton Park bodies; ANC 'finished' in eThekwini; Chelsea flowers; AI slowdown

Action Society's Juanita du Preez tells BizNews six bodies in Kempton Park finally forced a multidisciplinary task team, years after the Gaby Ndaba case stalled on DNA backlogs, while the station tops the country for kidnappings with 76 in three months. DA eThekwini mayoral candidate Haniff Hoosen says the ANC…

15 Sep 11PM 16 min

Leon Kluge: The botanist turning South Africa's flowers into gold

Leon Kluge pulled off a hat-trick no South African had managed before: three straight gold medals at the Chelsea Flower Show, the world's most prestigious garden show. But this year's win very nearly didn't happen. Storms and flooding tore through the Western Cape days before the harvest, cutting farmers off…

15 Sep 12PM 42 min

All episodes