So-called “meme” stocks have been some of the top-performing stocks in the market this year, but the volatility and unpredictability associated with many of these stocks is not for the faint of heart.
Reddit doesn’t always see eye-to-eye with Wall Street, but analysts from Bank of America and Wells Fargo have recently touted Nvidia as one of the major beneficiaries of Facebook’s rebranding as Meta Platforms Inc.
Electric vehicle maker Tesla and its controversial CEO Elon Musk have been trending on Reddit all year, and October was a spectacular month for Tesla bulls.
Revenue growth in the fiscal first quarter slowed to just 6%, down from 54% in the fourth quarter and 140% in the third quarter.
Like Nvidia, chipmaker Advanced Micro Devices is exposed to some of the largest and fastest-growing tech fields, including PC gaming, data centers and autonomous vehicles.
4 after the Journal of Neuroscience said it found no evidence of data manipulation in a 2012 paper that Cassava says was “foundational” to simufilam.
A big part of that recent underperformance is stiff competition from MGM Resorts International and other online gambling apps.
Former Amazon executive Jenna Owens also recently resigned from her position as GameStop’s chief operating officer after just seven months on the job.
The stock has been on a major run in the past month, gaining more than 73% and Reddit traders have been along for the ride.