Tag: resurgence

Picks-and-Shovels Play on Meme Stock Resurgence

Forget about Gamestop (NYSE:GME) and AMC Entertainment (NYSE:AMC). Robinhood Markets stock is the picks-and-shovels way to invest in the resurgence of meme stocks. With meme stock mania seemingly heating back up, investors are eyeing shares of some of 2021’s big meme stocks again. But rather than chase shares of a specific meme stock, the smart […]

A flood of crypto tokens with names referencing GameStop and famed trader Roaring Kitty have been created in the last 24 hours as developers try to ride a meme-coin resurgence

Keith Gill in his introductory post on YouTube in July 2020.Roaring Kitty/YouTube The social media return of Keith Gill, aka “Roaring Kitty,” has sparked a flood of crypto meme tokens. Microcap meme tokens with names like “GME” and “Roar” have soared more than 1,000%. Most of the tokens were created in the past 24 hours […]

Biden denounces resurgence of Islamophobia amid Gaza war

By Kanishka Singh WASHINGTON (Reuters) – U.S. President Joe Biden condemned on Friday what he called an ugly resurgence of Islamophobia since the Oct. 7 start of the Israel-Gaza war. He issued a statement on the International Day to Combat Islamophobia, established in 2022 by the United Nations on March 15, the anniversary of the […]

What lies behind the resurgence?

Nigeria is once more being rocked by mass abductions. Twice in one week, gangs of motorcycle-riding armed men, operating from forests in two different places in the north of the country, kidnapped hundreds of people. First on Wednesday we got news from a remote town in Borno state in the north-east that suspected militant Islamists […]

Wall Street is increasingly worried about inflation’s resurgence

Recent signs of stickier-than-expected inflation have some Wall Street strategists concerned that investors have become too optimistic about the odds of a soft landing in the US economy. The prevailing concern is that inflation could enter an era of stagflation, where price increases reaccelerate while economic growth slows. This was most famously seen during the […]