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There's no way meme stocks should be at such elevated levels on their own, says Cramer. GameStop has gained 179% and AMC 135% so far this week amid logic-defying rallies.
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Here are the ratings of the most accurate analysts for three high-yielding stocks in the materials sector from Benzinga's Analyst Stock Ratings page. Benzinga.com readers can sort through our extensive database of analyst ratings, including by analyst accuracy.
⏲ 1:17 👁 190K
GameStop and AMC shares surged again on Tuesday in a resurgence of the short squeeze phenomenon. GameStop jumped over 50%, and AMC was up nearly 60% in premarket trading. The rally was turbocharged by the return of Keith Gill, known as \
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Sushil Kumar Modi Passes Away : बिहार भाजपा कार्यालय में सुशील मोदी के पार्थिव शरीर को लाया जाएगा, जिसके लिए तैयारियां जारी हैं. वहीं इन तैयारियों की जायजा लेने के लिए डिप्टी सीएम सम्राट चौधरी पार्टी कार्यालय पहुंचे हुए हैं. सम्राट चौधरी ने कहा कि सुशील मोदी हमें हर हफ्ते कुछ नया सिखाते थे. <br/> <br/>Sushil Kumar Modi Passes Away: Sushil Modi's mortal remains will be brought to the Bihar BJP office, for which preparations are underway. Deputy CM Samrat Chaudhary has reached the party office to take stock of these preparations. Samrat Chaudhary said that Sushil Modi used to teach us something new every week. <br/> <br/>#SushilModi<br/><br/>~PR.115~ED.120~
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Microsoft is planning to introduce Advanced Micro Devices' artificial intelligence chips to its cloud computing customers, aiming to rival Nvidia's components.
⏲ 0:49 👁 205K
AMC Entertainment shares rallied over 135% in the first two days of the week due to a resurgence of meme stock trading fueled by Roaring Kitty's return. However, Barrington analyst James Goss maintained a Neutral rating, noting AMC's Q1 revenue fell slightly. Box office revenues in April were down around 50% and May box office sales have been sluggish compared to 2023 levels. Goss expects the challenging environment for AMC to persist through most of 2024 before potentially rebounding in 2025.
⏲ 0:36 👁 165K
Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock — and what if it tanked? At the time, the price was about $1,000 a share. Today, it’s $507,000 a share. I hope the in-laws hung on.
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#robinhood #bankofamerica #yahoofinance<br/>Robinhood (HOOD) shares are trading higher after the company received a double upgrade from Bank of America. Robinhood now has a Buy rating after previously having an Underperform rating. Bank of America has set a $24 price target, up from $14.<br/><br/>The analysts behind the call point to increasing retail engagement, accelerating organic growth, and large expense reductions as catalysts for the company. Robinhood also reported major cryptocurrency gains in its latest earnings report.<br/><br/>About Yahoo Finance:<br/><br/>Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
⏲ 2:11 👁 135K
#walmart #earnings #consumer<br/>#walmart #earnings #consumer #yahoofinance <br/><br/>Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales and transactions rose 3.8% in the US, while the average ticket price was flat. Walmart CFO John David Rainey joined Yahoo Finance to give insight into the state of the consumer from Walmart's perspective, claiming consumers' wallets are \
⏲ 3:44 👁 145K
AMC's financial struggles include heavy debt, consistent unprofitability, significant stock dilution. Social media influencers drive speculative trading, but AMC lacks fundamental investment appeal, says Edwin Dorsey.
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#april #housingmarket #homebuilding<br/>#april #housingmarket #homebuilding #realestate #yahoofinance <br/>According to the National Association of Home Builders and Wells Fargo Housing Market Index, homebuilder confidence dipped in May to 45, down from 51 in April. With mortgage rates above 7%, many prospective home buyers remain on the sidelines, though single and multifamily housing starts modestly ticked higher in April. Yahoo Finance Reporter Dani Romero joins Wealth! to break down the numbers behind homebuilder confidence. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino<br/><br/>Yahoo Finance: Market Coverage, Stocks, & Business News<br/>About Yahoo Finance:<br/><br/>Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.<br/><br/>- Get the latest news and data at finance.yahoo.com
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GameStop (GME) shares surged on Monday after Keith Gill, known as 'Roaring Kitty' on social media, posted on X for the first time since 2021. Gill helped spark a short squeeze in GME in 2021 through posts on Reddit encouraging retail investors to purchase and hold shares, inflicting major losses on hedge funds like Melvin Capital. Gill's resurfaced signaled renewed interest among individual traders who had previously followed his commentary, driving up the stock. GameStop's most recent quarterly results in March 2023 showed ongoing challenges from industry-wide headwinds like competition from e-commerce players.
⏲ 0:40 👁 1.2M
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