Market Extra Ai Buzz Pushes Tech Stocks Higher – But Here S Why the Ripple Effect in Stocks May Still Be Narrow
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Forget U.S. stocks — UBS says Europe's are a better bet. Here's why
In a bold "U-turn," UBS says European stocks are now more attractive than their U.S. counterparts.CNBC - Business -
GameStop stock surges over 70%—but investors should still be wary of 'meme stocks'
Roaring Kitty returns to social media, GameStop's stock surges and short sellers lost over $1 billion. However, investors should be wary of chasing meme stocks.CNBC - Business -
Alibaba sees AI traction but profit miss sends stock lower
Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.MarketWatch - Business -
Stock Futures Flat With PPI Inflation Data in Spotlight
Futures were near flat ahead of U.S. producer price index data while overseas markets were mostly subdued.The Wall Street Journal - World - Inflation -
GameStop Soars as Roaring Kitty Rekindles Meme Stock Mania
Keith Gill, the trader who helped turn the video game retailer into a high-flying “meme stock,” posted cryptic messages online after a three-year hiatus.The New York Times - Business -
GameStop, AMC Shares Soar as Meme-Stock Comeback Continues
Both stocks added about 40% premarket and were among the most heavily traded shares in off-hours action.The Wall Street Journal - World -
GameStop, AMC shares jump again in premarket as meme stock craze returns
Shares of GameStop and AMC jumped on Tuesday, on track to extend gains as a pandemic-era meme stock frenzy returned.CNBC - Business -
Why you’ll be a better investor once you know how to use market data
Retail investors are increasingly able to get information they need.MarketWatch - Business -
OpenAI gives a shoutout to Nvidia — plus, a new industrial stock joins our watchlist
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker
Novavax said the deal with Sanofi allows it to remove its "going concern" warning, which it first issued last year due to doubts about staying afloat.CNBC - Business -
Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021
The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of those stocks surging overnightABC News - Tech -
‘Frankly stupid’: Fund manager weighs in on reignited meme stock frenzy as GameStop soars
Cole Smead, CEO of Smead Capital Management, told CNBC that it was "frankly stupid" that day traders were piling once again into GameStop and other meme stocks.CNBC - Business -
These stocks could see ‘immense’ profits as Canada’s economy sinks, says veteran trader
Veteran trader Kevin Muir is really bearish on Canada, and offers a couple ways for investors to play that.MarketWatch - Business -
Why the Bay Area Is the AI World's Hot Spot for Startup Funding
A new report indicates that a few firms in the San Francisco Bay Area are gobbling up the bulk of the VC world's AI fundraises.Inc. - Business -
GameStop surges 75% in pre-market trading
Financial Times - Business -
RFK Jr.’s Running Mate, Nicole Shanahan, Ventures Onto the Stump
The Silicon Valley lawyer, chosen by Robert F. Kennedy Jr. as his running mate, made her first solo outing on the stump. She is to appear alongside him at a rally on Monday in Austin, Texas.The New York Times - Top stories -
Kylian Mbappé Is P.S.G.’s GOAT — but He Is Not Loved Like One
Nothing better summed up the French striker’s time at Paris St.-Germain than his final home game.The New York Times - Sports -
Platinum market headed for ‘substantial’ supply shortfall, says industry body
Report shows second year of deficit as miner Anglo American rejects rival BHP’s offer that includes plan to spin off platinum assetsFinancial Times - Business -
U.K. Jobs Market Eases in Boost for June Rate-Cut Hopes
Unemployment ticked higher in the three months to March, continuing a trend of rising joblessness, while the average regular pay grew at the same rate as in the previous period.The Wall Street Journal - World - United Kingdom -
Gold Futures Flat as Market Favors Dollar Ahead of Inflation Readings
Gold futures are broadly flat as markets favor the U.S. dollar and investor focus on key U.S. inflation reports due this week.The Wall Street Journal - World -
Arizona Supreme Court grants stay, preventing 1864 abortion ban from taking effect
The Arizona Supreme Court on Monday granted state Attorney General Kris Mayes' request to delay the enforcement of the state's 1864 abortion ban, preventing it from taking effect for the next several months. The state's high court granted a 90-day ...The Hill - Politics - Abortion -
5 storylines for the 2024 WNBA season, including how the Caitlin Clark Effect will impact the league
With Caitlin Clark, Angel Reese and others making the leap to the pros, the WNBA landscape looks a bit different this season. Will the super-teams still rule over the league or will the newcomers have an immediate impact?Yahoo Sports - Sports - WNBA -
In European tech, regulation vs innovation is a spurious debate
The rulebooks that matter most to success in tech innovation probably are not regulatory onesFinancial Times - Business -
R.F.K. Jr. Is 2024’s X Factor, New Polls Show, Fueled by Young Voters and Social Media
Half of Robert F. Kennedy Jr.’s supporters said they were voting chiefly for him, and nearly half said their support was mostly a vote against President Biden or former President Donald J. Trump.The New York Times - Top stories -
Upgraded ChatGPT teaches maths and flirts - but still glitches
OpenAI has unveiled a new, faster version of its generative AI tool, ChatGPT.BBC News - Top stories -
WNBA starts chartering; some teams still in dark
The WNBA began its charting program, with the Fever and Lynx flying private for their opening day games, but many teams remain in the dark over how their travel will be handled.ESPN - Sports - WNBA -
Back-to-the-Office Orders Spurred Turnover at Trio of Tech Giants
Researchers found in-person work mandates at Microsoft, Apple, and SpaceX produced increased employee defections, especially among senior executives.Inc. - Business -
With OpenAI’s Release of GPT-4o, Is ChatGPT Plus Still Worth It?
While the newest AI model from OpenAI, GPT-4o, is available to users for free, ChatGPT Plus subscribers still get access to more prompts and the newest features.Wired - Tech -
MLS Power Rankings: Messi's Miami still on top, Portland Timbers struggle
Messi and Inter Miami fought for a comeback win, while Portland are facing hard times.ESPN - Sports - MLS -
Inflation Is Still a Big Problem for Small Businesses--but There's Cause for Hope
While high costs remain a cause for concern for small companies, there's some good news when it comes to pricing and sales.Inc. - Business -
Private Equity's Deal Machine Restarts But Exits Still Sputter
“We’re just going to compress two and a half years’ worth of deals in a year, year and a half,” says Roper Technologies CEO Neil Hunn, who predicts more sales from private equity.The Wall Street Journal - World -
Portland nurse in Rafah: ‘Perishing before they get here’
Yahoo News - World -
Google's Sundar Pichai and Microsoft's Satya Nadella Drop Their Version of a Tech Diss Track. Who Comes Out on Top?
As the big tech arms race rages on, some early winners are clearInc. - Business -
I Am Once Again Asking Our Tech Overlords to Watch the Whole Movie
OpenAI CEO Sam Altman has seemingly cited Her as an inspiration for ChatGPT’s conversational voice assistant update. Maybe don't!Wired - Tech