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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 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 -
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 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 -
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 -
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 -
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