American Eagle Stock Surges
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Computer-driven hedge funds like Qube and Point72's Cubist have posted losses. Executives and experts have theories on why.
Steve Quirk, Robinhood chief brokerage officer, joins 'Squawk Box' to discuss the resurgence in meme stocks, meme stock trading trends, and more.
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Short squeezes have been a key piece of the stock market rally as short sellers have lost just shy of $355 billion since the market bottom on April 8, according to data from S3 Partners.
Nvidia stock is hovering near-all time highs. Spending plans from Amazon.com, Microsoft, and Meta Platforms could send it higher.
A solid earnings season shows Corporate America’s profit engine is humming along, potentially easing worries that the record-setting rally in US stocks is starting to overheat.
Retail investors have begun to pile into speculative bets on small-cap companies in a buildup that resembles the meme stock frenzy of 2021.
Kohl’s stock shot up 105% in intraday trading on Tuesday before finishing the day up 38%. The move wasn’t sparked by news—there wasn’t any. Instead, it was fueled by a “gamma squeeze.”
Krispy Kreme and action camera company GoPro have joined the meme stock rally as their shares surge. Like the shares of Opendoor and Kohl’s, both Krispy Kreme and GoPro were heavily cited by users of the wallstreetbets subreddit. The meme stock rally is back and gathering steam.
The trade deal with Japan is also giving investors hope that there could be similar reductions on tariffs for vehicles imported from other countries—including trade agreements that would benefit U.S.
Disney’s stock has had a lost decade. But with TV declines baked in and growth improving, shares look like a buy.
Canada's main stock index edged higher on Friday, led by technology shares, even as U.S. President Donald Trump suggested the United States may not reach a negotiated trade deal with Canada.