GME Jun 2025 22.000 call
| Previous close | 16.50 |
| Open | 34.00 |
| Bid | 27.00 |
| Ask | 30.90 |
| Strike | 22.00 |
| Expiry date | 2025-06-20 |
| Day's range | 27.81 - 37.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 944 |
- Yahoo Finance Video
New tariffs on China, meme rally, Walmart layoffs: Morning Brief
In today's edition of The Morning Brief, Hosts Seana Smith and Brad Smith break down current market trends and what you need to know for the trading day ahead. Stocks (^DJI, ^IXIC, ^GSPC) opened relatively flat on Tuesday morning following hotter-than-expected Producer Price Index (PPI) inflation data for April. Jefferies Senior US Economist Thomas Simons joins the show to break down the PPI print and what it signals for the Federal Reserve, believing there is a chance interest rate cuts may not happen this year at all. Meanwhile, President Biden is set to unveil a new wave of tariffs on Chinese imports, including electric vehicles, semiconductors, and precious minerals. Yahoo Finance's Jennifer Schonberger analyzes the sectors most likely to be impacted. Meme stocks like GameStop (GME) continue to soar in a second-day rally following the online return of user "Roaring Kitty" on X (formerly Twitter), who was largely responsible for the 2021 GameStop short squeeze. However, the retail sector is under pressure, as Walmart (WMT) is reportedly preparing to lay off hundreds of corporate workers and Home Depot (HD) posted first-quarter earnings that fell below Wall Street estimates, signaling a pullback on consumer spending. Shares of Alibaba (BABA) also sunk after the company posted an 86% loss in profit year-over-year. Tesla (TSLA) is backpedaling its recent decision to lay off most of its Supercharger team, as Bloomberg reports the electric vehicle giant is preparing to rehire some of them. Alphabet (GOOG, GOOGL) is expected to unveil new artificial intelligence initiatives in its Google I/O developer conference today. This post was written by Melanie Riehl
- Yahoo Finance Video
Meme trade: Why you should throw fundamentals 'out the window'
The meme trade has been reignited after Roaring Kitty's return to the social media platform X, where he posted a single meme, sending investors into a frenzy. YouTube Host Matt Kohrs joins Wealth! to discuss his outlook on this meme stock rally. Kohrs describes this rally as "the resurgence of meme mania," reminiscent of a similar rally that occurred back in 2021. He advises throwing fundamentals "out the window" regarding these stocks because the trading is more of "a social rebellion." He recommends that investors "ride the trend" as long as they can but cautions that if things take a turn, they will "turn violently." "Ideally, we're all in this to improve our own financial situation," Kohrs tells Yahoo Finance. "So because of that, I wouldn't want anyone listening to this, watching this, to fumble such an amazing opportunity." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Yahoo Finance Video
S&P 500 hopes for fourth week of gains, meme stocks rally
While the major indices (^DJI, ^GSPC, ^IXIC) opened relatively flat Tuesday morning, the S&P 500 is eyeing a fourth straight week of gains as Wall Street awaits fresh inflation data in April's Consumer Price Index (CPI) this week. Yahoo Finance Senior Markets Reporter Jared Blikre joins The Morning Brief to examine the market open following the latest Produce Price Index (PPI) data, factoring in the meme stock rally led by GameStop shares (GME). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
