The subreddit, describing itself through the tagline "Like 4chan found a Bloomberg terminal",[2] is known for its aggressive trading strategies, which primarily revolve around highly speculative, leveraged options trading. Members of the subreddit are often young retail traders and investors who ignore fundamental investment practices and risk management techniques, so their activity is considered gambling. The growing popularity of no-commission brokers and mobile online trading has potentially contributed to the growth of such trading trends. Members of the communities often see high-risk day trading as an opportunity to quickly improve their financial conditions and obtain additional income. Some of the members tend to use borrowed capital, like student loans, to bet on certain "meme stocks" that show popularity within the community.[1][3][4][5][6]

The subreddit is also known for its profane and juvenile nature, with members often referring to themselves as "autists" and "degenerates."[5][7] Users also frequently use slang such as "stonks" for stocks, "tendies" for gains or profits, “gay bears” for those who expect a stock to decline, for stock shorters, or as a general insult, “DD” for analysis of potential trades (from “due diligence”), “bagholder” for one whose position has severely dropped in value, and "diamond hands" or "paper hands" for when a trader holds their stocks or trades early, respectively

Reddit (/ˈrɛdɪt/, stylized in all lowercase) is a social news aggregation, web content rating, and discussion website.

Registered members submit content to the site such as links, text posts, and images, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "communities" or "subreddits", which cover a variety of topics such as news, politics, science, movies, video games, music, books, sports, fitness, cooking, pets, and image-sharing. Submissions with more up-votes appear towards the top of their subreddit and, if they receive enough up-votes, ultimately on the site's front page. Despite strict rules prohibiting harassment, Reddit's administrators spend considerable resources on moderating the site.[5]

As of October 2020, Reddit ranks as the 17th-most-visited website in the world and 7th most-visited website in the US, according to Alexa Internet, with 40.9% of its user base coming from the United States, followed by the United Kingdom at 10.0% and Canada at 5.2%.[6]

Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian, and Aaron Swartz[7][8] in 2005. Condé Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Condé Nast's parent company, Advance Publications.[9] In October 2014, Reddit raised $50 million in a funding round led by Sam Altman and including investors Marc Andreessen, Peter Thiel, Ron Conway, Snoop Dogg, and Jared Leto.[10] Their investment valued the company at $500 million then.[11][12] In July 2017, Reddit raised $200 million for a $1.8 billion valuation, with Advance Publications remaining the majority stakeholder.[13] In February 2019, a $300 million funding round led by Tencent brought the company's valuation to $3 billion

GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer.[2] The company is headquartered in Grapevine (a suburb of Dallas), Texas, United States, and is the world's largest video game retailer, operating 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe as of February 1, 2020.[1][3] The company was first founded in Dallas, Texas in 1984 as Babbage's, and took on its current name in 1999. The company's retail stores primarily operate under the GameStop, EB Games, ThinkGeek, and Micromania-Zing brands.[2] The company declined during the mid-late 2010s due to the shift of video game sales to online storefronts and failed investments by GameStop in smartphone retail.

In addition to retail stores, GameStop also owns Game Informer, a video game magazine

Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for the financial markets of the United States as a whole, the American financial services industry, New York–based financial interests, or the Financial District itself.

Wall Street was originally known in Dutch as "de Waalstraat" when it was part of New Amsterdam in the 17th century, though the origins of the name vary. An actual wall existed on the street from 1685 to 1699. During the 17th century, Wall Street was a slave trading marketplace and a securities trading site, as well as the location of Federal Hall, New York's first city hall. In the early 19th century, both residences and businesses occupied the area, but increasingly business predominated, and New York City's financial industry became centered on Wall Street. In the 20th century, several early skyscrapers were built on Wall Street, including 40 Wall Street, once the world's tallest building.

Wall Street is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. Several other major exchanges have or had headquarters in the Wall Street area, including the New York Mercantile Exchange, the New York Board of Trade, the New York Futures Exchange (NYFE), and the former American Stock Exchange.[1] To support the exchanges, many brokerage firms had offices "clustered around Wall Street". The direct economic impacts of Wall Street activities extend beyond New York City.

Wall Street physically contains several banking headquarters and skyscrapers, as well as the Federal Hall National Memorial. The street is served by three subway stations and a ferry stop.