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Is the meme-stock frenzy over already? Possibly, say experts.

Also, Best New Ideas in Money is back, Walmart had blowout earnings and AI is still buzzy.

Roaring Kitty rollercoaster: Why GameStop and AMC meme madness is an ‘outlier event’

“It felt as though the market briefly took a trip back to 2021 this week” — but the spike in GameStop and AMC will not be a long-lasting or market-moving event, according to experts.

A divided Congress agrees: Buying concert tickets is frustrating and needs to be fixed.

The U.S. House of Representatives resoundingly passed a bill Wednesday that would mandate more transparency on ticket prices for live events and ban practices that jack up concert prices.

Fed’s Powell tests positive for COVID-19 for second time

Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday.

Robinhood’s stock rockets as BofA sees retail renaissance in ‘early innings’

BofA double upgraded Robinhood shares while abandoning its bearish call on Coinbase’s stock.

Nvidia is seeing ‘insatiable’ demand, but these are the key questions

Investors are focused on the Blackwell ramp, prospect of an “air pocket” and margin trends.

Leading index for U.S. economy sinks again and points to slower growth

The leading indicators for the U.S. economy fell in April for the second month in a row and pointed to ”serious headwinds to growth.”

Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March

Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.

Bet on the middle class and M&A with these stocks as Dow nears 40,000, says value manager

Ariel Investments’ vice chairman Charlie Bobrinskoy tells CNBC that as the Dow nears 40,000, there are bargains to be found in the value space.

Biden’s student-loan forgiveness plan comment period is ending. Here’s what people are saying.

Many commenters are urging the Biden administration to move forward with its mass student-loan forgiveness plan.

The war over nursing homes is heating up

Staffing mandates are just the beginning

Tilray to sell a large block of stock as it preps for cannabis reclassification

Tilray Brands is getting ready for marijuana to be reclassified as a less dangerous drug in the U.S., as the cannabis company is looking to raise money through the sale of shares so it can expand.
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