The Daily Folgen

This episode contains strong language.GameStop can feel like a retailer from a bygone era. But last week, it was dragged back into the zeitgeist when it became the center of an online war between members of an irreverent Reddit subforum and hedge funds — one that left Wall Street billions of dollars out of pocket.Today, we look at how and why the GameStop surge happened, as well as how it can be viewed as the story of our time.Guests: Taylor Lorenz, a technology reporter covering internet culture for The New York Times; and Andrew Ross Sorkin, a financial columnist for The Times. For an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. You can read the latest edition here.Background reading: GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze on Wall Street.A legion of young people — primarily male — have been pouring into digital trading floors for years, raised on social media and eager to teach themselves about stocks. These are the misfits shaking up Wall Street.It has been a weird time in the stock market, where a video game retailer has suddenly become the center of attention. Here are four things you need to know about the GameStop insanity. For more information on today’s episode, visit nytimes.com/thedaily  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

“Smell is a startling superpower,” writes Brooke Jarvis, the author of today’s Sunday Read. “If you weren’t used to it, it would seem like witchcraft.”For hundreds of years, smell has been disregarded. Most adults in a 2019 survey ranked it as the least important sense; and in a 2011 survey of young people, the majority said that their sense of smell was less valuable to them than their technological devices.The coronavirus has precipitated a global reckoning with the sense. Smell, as many have found in the last year, is no big deal until it’s missing.This story was written by Brooke Jarvis and recorded by Audm. To hear more audio stories from publishers like The New York Times, download Audm for iPhone or Android. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This episode contains strong language. Inauguration Day was supposed to bring vindication for adherents of the pro-Trump conspiracy theory QAnon.Instead, they watched as Joe Biden took the oath as the 46th president of the United States.What happens to a conspiracy theory and its followers when they are proved wrong?Guest: Kevin Roose, a technology columnist for The New York Times. For an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. You can read the latest edition here.Background reading: As Mr. Biden took office and Mr. Trump landed in Florida, with no mass arrests in sight, some QAnon believers struggled to harmonize the falsehoods with the inauguration on their TVs.Valerie Gilbert posts dozens of times a day in support of QAnon. Her story hints at how hard it will be to bring people like her back to reality.What is QAnon? Here is an explainer on the “big tent conspiracy theory.”For more information on today’s episode, visit nytimes.com/thedaily  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.