Scion Asset Management founder Michel Burry issued a series of tweets last week warning retail traders about cryptocurrencies and the so-called Stonks — the stocks unusually favored by retail investors — according to a Bloomberg News
Travel through U.S. airports continues to increase as COVID-19 vaccinations ramp up and customers return to the skies. On Friday, the Transportation Security Administration reported 2,081,115 travelers passed through airport security checkpoints, up 310% over the same date in 2020.
High Tide Inc (NASDAQ: HITI) shares climbed higher Friday on continued momentum after the company announced Thursday it would release its financial and operational results for Q2 of 2021 after market close on June 28, 2021.
U.S. indices were trading lower Friday after St. Louis Fed President Bullard suggested rate hikes could come in late 2022 and said the Fed has opened taper discussions this week.
UTime LTD. (NASDAQ: UTME) shares traded higher Friday as retail traders tried to catch the bounce following the stock's plummet Thursday. The stock saw a drop from $75 to $14 Thursday, and now traders are trying to catch the rebound.
Shares of banks and financial services companies, including Wells Fargo & Co (NYSE: WFC) and Bank of America Corp (NYSE: BAC), are trading lower Friday afternoon.
Intel Corporation (NASDAQ: INTC) shares are trading lower by 3.3% at $55.28 after a DigiTimes article suggested the company's notebook CPU may lose market share in 2022.