Stocks retreat from May highs, GameStop fuels meme stock rally: Yahoo Finance

Stocks are losing steam after posting big gains in May. Trading is back on track after a glitch at the NYSE disrupted trading in several companies, including Berkshire Hathaway and Barrick Gold . One group bucking the trend is meme stocks. They are being fueled by 'Roaring Kitty,' who unleashed a social media frenzy by posting a screenshot implying he has a $175 million position in GameStop . Yahoo Finance’s trending tickers include AMC Entertainment , Novavax , and Eli Lilly .3:05 p.m.

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The Tesla CEO faces claims he pocketed $3 billion in ill-gotten gains in late 2022 after learning Q4 vehicle sales would not deliver the 'epic end of year' he promised investors.Economists say there are risks to the economy if the central bank doesn’t cut in June or signal a cut for July "I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," Cathie Wood said in defense of her firm selling shares.As the baby boomer generation enters retirement, a growing number of them face unexpected financial challenges that threaten their retirement security. Try This: Retired But Want To Work? Try These 10...There comes a time in all of our lives when we have to say goodbye to a family member or friend.

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