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Trader Digest: Roblox Arrives on Wall Street

This week in Trader Digest we have seen the rise of gamers' favourite Roblox as they began trading on the New York Stock Exchange, Lindsay Lohan is blending the art world with the crypto market, and Shell report a great year for oil-trading.

WHAT WE'RE READING


This $11.5 Million Colorado Ski Chalet’s Design Was Inspired by Frozen
‘The owners are, you guessed it, willing to let it go.’ BLOOMBERG

Should You Buy a Bitcoin-Inspired Image of Lindsay Lohan?
‘Great art usually defies easy explanation. Perhaps that’s why it’s seemingly inexplicable that the surge in Bitcoin and other cryptocurrencies has given rise to its own world of masterworks.’ BLOOMBERG

Trader Buys $36 Million of Copper and Gets Painted Rocks Instead
‘Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish supplier. But when the cargoes started arriving in China, all it found were containers full of painted rocks.’ BLOOMBERG

Beeple NFT Fetches Unprecedented $69.3 M. at Christie’s
‘Christie’s closely watched sale of digital artist Beeple’s The First 5,000 Days has resulted in an unprecedented $69.3 million sale.’ ART NEWS

Shell Doubled Oil-Trading Profit to $2.6 Billion Last Year
‘Royal Dutch Shell Plc disclosed the profitability of its sprawling and secretive oil-trading unit for the first time, saying it almost doubled to $2.6 billion last year.’ YAHOO FINANCE

IG Booms on GameStop Trading Frenzy
‘IG is riding a stock market trading wave as new clients race to bet on “meme” stocks such as AMC and GameStop.’ EVENING STANDARD

Roblox Closes at $38bn Valuation on First Day of Trading
‘Shares in Roblox, the online gaming company with a large preteen following, made strong gains as it began trading on the New York Stock Exchange, in the largest direct listing of a tech company to date.’ FINANCIAL TIMES

WHAT WE’RE LISTENING TO


Scandal, Riots and the Dutch Election
‘Voting begins today in a Dutch general election that follows a major government scandal and strict lockdown conditions that sparked serious disorder.’ THE GUARDIAN

Chasing Digital Footprints
‘The FT’s Greater China correspondent Kathrin Hille speaks to Taiwan's digital minister Audrey Tang and the country's former deputy prime minister Chen Chi-mai about this data-driven approach to solving a public health emergency.’ FINANCIAL TIMES

WHAT WE’RE WATCHING


Your Honor
‘Bryan Cranston stars as a New Orleans judge forced to confront his own convictions when his son is involved in a hit and run.’ SKY