Wall Street may have notched its worst day in over a month on Thursday, but one category of assets has fared far worse this week — meme stocks. Major U.S. indexes posted their worst one-day performance since Oct. 10 on Thursday, with the blue-chip Dow Jones Industrial Average losing around 800 points and the technology-heavy…
In this photo illustration, Beyond Meat’s Beyond Burgers are shown on February 29, 2024 in Chicago, Illinois. Scott Olson | Getty Images Beyond Meat has regained a bit of its meme mojo status, surging 93% on Tuesday. The food company known for its plant-based meat alternatives is having an incredible week, with shares surging more…
Retail investors are rushing back into the stock market after a relatively snoozy summer, according to JPMorgan. Retail investors poured around $7 billion into purchases on balance over the last week, said Arun Jain, an analyst at the bank. That’s a noticeable jump from the $5.3 billion average seen weekly over the last two months….
Jin Lee | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Milestone mania 2. Phase 1 US President Donald Trump during a roundtable on Antifa in the State Dining Room of…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. ) Another clockwork bid to erase the minor index dip from yesterday , with the usual flag carriers of the AI-buildout boom doing the work while stocks closer to the here-and-now consumer remain sluggish. Put Tuesday’s wobble in semiconductor stocks…