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Bursts of euphoric trading are often bullish for near-term returns, but rapid surges in speculation also raise the risk of a pullback, Goldman said.
Investors are again turning to meme stocks in the hopes of scoring quick gains. The latest beaten down companies to see a share price revival are Krispy Kreme, GoPro and Beyond Meat.
By now most people, even those vaguely tuned into finances, have heard the phrase "meme stock." But if you're just catching up, here are some basics.
Amid this week's speculative frenzy in a handful of meme stocks, we asked AI what to look for when trying to pick the next candidate to go parabolic.
Opendoor's flawed business model struggles amid rising mortgage rates and housing downturns. Click here to read an analysis of OPEN stock now.
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As the stocks rise, that puts pressure on short-selling hedge funds that borrowed the shares to bet against them. They’re forced to quickly repurchase them at a loss—a formula
Zoë Lister, the voice behind the viral "Jet2 Holiday" meme taking over TikTok, speaks with NBC News about what it's like having her voice all over social media, with users pairing the upbeat advertisement audio with their travel and daily life fails.
Vice President JD Vance was confronted by protesters holding a large photo of him depicted as bald and smooth-faced while attending a fundraiser for the Republican National Committee (RNC) in Nantucket, local media reported.
By Wall Street standards it’s been a whopping good month for Canadian hedge fund manager Eric Jackson, whose EMJ Capital Ltd. bought shares of Opendoor Technologies Inc. at around 70 cents and watched them soar more than 250%.