Day: May 15, 2024

Meme stocks are back to shaking up the market, with GameStop shares up 60% Tuesday (adding some $12B in market value this month) and AMC Entertainment shares up 32% (adding $2B in value).

The man who kicked off the “meme stock” trend in 2021, Keith Gill, set the market in motion just by pushing out a single tweet. Amateur traders are once again investing in the trend, trying to get rich quick. Fox Business Contributor and President of Kaltbaum Capital Management, Gary Kaltbaum, joins the Evening Edition to explain why this fad could be a double-edged sword for investors.

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People in the French Pacific territory of New Caledonia are protesting a reform that would give voting rights to an increasing number of non-Indigenous residents of the archipelago.

(Image credit: Delphine Mayeur)

A conservative group posted a social media thread showing flyers in a border encampment in Mexico urging migrants to vote for Joe Biden. Now, the woman caught up in it, speaks to NPR.

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