The meme stock craze is back: AMC, GameStop and Bed Bath & Beyond soar

August 8, 2022

Meme mania has returned to the stock market with a vengeance.

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Nvidia warns on second-quarter revenue, shares dip

Nvidia shares dipped 8% on Monday morning after the company released preliminary earnings that show second-quarter revenue of $6.7 billion, well below its initial outlook of $8.1 billion.

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Consumers expect inflation to slow down, a big win for the Fed

The consumer outlook for inflation decreased significantly in July amid a sharp drop in gas prices and a growing belief that the rapid surges in food and housing also would ebb in the future.

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