Bursts of speculative rallies in meme stocks have been largely held in check, making some believe the trading frenzy won’t derail the overall market that’s back at a record. Shares of Opendoor jumped about 7% in premarket trading Thursday after two days of retreat. The real estate startup gained sudden fandom among retail traders, pushing…
Capital One stock hit a new record high on Wednesday, and Jim Cramer believes it’s not done running yet. Shares of the credit card issuer rose as much as 6.9% Wednesday morning despite a noisy quarterly earnings report Tuesday evening. While shares came off their highs of the session, Capital One’s earnings report nevertheless validated…
Meme stock mania has reemerged along with summer blockbusters, but some strategists and traders warn that this latest round of speculation and animal spirits is unlikely to reach its 2021 heights. Online real estate startup OpenDoor Technologies became the public face of this month’s meme stock rally after hedge fund manager Eric Jackson, an investor…
President Donald Trump discussing a U.S.-Japan trade agreement with a Japanese delegation and top White House aides in the Oval Office, Tuesday, July 22, 2025. Source: @Scavino47 via X | The White House President Donald Trump‘s art of the deal seemed to play out in real time on Tuesday. Trump announced what he called a…
My top 10 things to watch Wednesday, July 23 1. We’re headed for a higher open this morning after President Donald Trump announced a surprise trade deal with Japan for lower-than-expected tariffs of 15% on each others’ goods. He said Japan also pledged to invest $550 billion in the U.S. It could be a template…
Traders work on the floor of the New York Stock Exchange (NYSE) on July 07, 2025, in New York City. Spencer Platt | Getty Images News | Getty Images It’s a new day, and meme traders have found more stocks to put on the pedestal. Reddit-obsessed retail traders targeted wearable camera firm GoPro and doughnut…
Google parent Alphabet is among the first of the ” Magnificent Seven ” companies to report second-quarter earnings, with results due after the stock market closes on Wednesday. Shares of Alphabet have barely budged this year, lagging the other Magnificent 7 stocks and the S & P 500 . Investor concern is focused on the…
CNBC’s Jim Cramer on Tuesday advised against shorting Kohl’s stock, comparing the scenario to the GameStop short squeeze four years ago. “The shorts have clearly overstepped their boundaries with Kohl’s. They’ve run into a buzz-saw of their own creation,” he said. “Even now, I think they’d be wise to cover their short and move on…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The stock market is lower Tuesday as investors weigh the latest earnings and trade news. “It seems like a very mixed day because there’s a rotation going on. People…
Opendoor Technologies, a penny stock last week, attracted sudden interest among Reddit-obsessed retail traders, who pushed up the stock price by threefold in days. The online real estate startup saw shares popping more than 14% Tuesday before turning negative, after a red-hot run powered by retail traders chasing meme stocks. It had surged more than…