Here are five things you need to know this morning.
When it comes to meme stocks there is something for everyone. Fancy yourself a cinephile? Head on over to AMC. Enjoy gaming? Pick up Gamestop on your way home. Do you have 15 orange-stained Tupperware containers and only three lids? Shares of Tupperware are up more than 500 per cent in the last month waiting for you. My favourite one right now is superconductors. Mainly because it allows me to feel smarter than I am. Haven’t you heard? Superconductors are the hot new thing.
Indeed Biden officials are already out calling the decision “bizarre."I’ll be interested to see if AMD holds onto its pre-market rally after its latest results. On one hand it talked up its AI possibilities. It is going to have a chip to rival Nvidia’s by the end of the year. They also talked up a recovery in PCs. On the other hand, sales fell 18 per cent in the quarter as sales of chips tied to PCs fell 54 per cent and data centre revenue fell 11 per cent.
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