we saw a rally in the stock _ roaring kitty. we saw a rally in the stock of _ roaring kitty.ck of game - roaring kitty. we saw a rally in the stock of game stuff i in the stock of game stuff since the return of roaring kitty. is it similar to the one during the pandemic? it kitty. is it similar to the one during the pandemic? it went up to $420 billion _ during the pandemic? it went up to $420 billion before _ during the pandemic? it went up to $420 billion before it - to $420 billion before it hopped out and we couldn't even get to 70, which everyone was looking at, because that was going to make key skills is his name a billionaire, and it —— keith gilles. the difference we have now is in 2021 people were home and everything was rallying after the major stimulus in zero interest rates. now we have higherfor longer but we have an ai rally, which is acting more like meme stocks than actual meme stocks. what will you be looking out in the days ahead around gamestop? there is a couple of other realty trusts which is not done very well because the real estate market has been so

we still want to talk about roaring kitty.omething for more safe dguards or backstops? >> i think the s.e.c. should continue to evaluate these issues and continue to evaluate them publicly. it is good for the public to understand what is being done here. for example, you said the trades were canceled. >> right now, i think we may have lost jay clayton on the cnbc news line. jay clayton saying it is a miracle we don't see more of the glitches happen. trades in berkshire hathaway and chipotle and 50 other stocks impacted by glitches. we will come back on "worldwide exchange." stay with us. sup? -who are you? i'm your inner child. get in. ♪ ♪ [ engine revving ] listen. horsepower keeps you going, but torque gets you going. ♪ ♪ [ engine revving ] oh now we're torquin'! the dodge hornet r/t. the totally torqued-out crossover. were you worried the wedding would be too much? nahhhh... (inner monologue) another destination wedding?? we just got back from her sister's in napa. who gets married in napa? my daughter. who gets married som

roaring kitty or boring kitty, what's the story? >> today it was maybe boring kitty in terms of the content that was provided because what we did not get was any real new developments with regard to what keith gill views about his gamestop position. what we did learn today was we got some at least reinforcements and positive confirmation of what his position in the stock really is. there were maybe -- there were a number of takeaways if you want to look at it this way, but three of the main ones that happened while i was watching this whole thing, number one, he still believes in gamestop from a fundamental standpoints. he thinks that ryan cohen is the guy who can turn things around, and that he generally has a more medium to longer term timeframe on when it will happen. maybe two to three years. but he caveated it by saying i could change my mind like you could change your mind about this down the line. that was number one. number two was we've talked a lot about the screen shots he's posted, about his position, about just how much

liz: dan niles, roaring kitty, he made his return to youtube and the apes rejoiced.army come away with cat scratch fever and the stock did not bounce and gains disappeared but charlie breaks it next on the "claman countdown". ♪ (luke) this will be a gold mine of local intel. just you wait. (marci) right. so, tell us about this corn festival? (stylist 1) oooh you got your corn pudding... you got your corn chowder... (marci) so... is it safe around here? (stylist 2) sometimes. (luke) if a family of eight were to need a cold plunge, where would they find it? (stylist 1) ...and then they dip it in butter, then bam, it goes right in. (stylist 2) ...really cute vampire bar. (stylist 1) the reverend does like a blessing on the corn. (luke) donut shops. how far from here? (marci) no eyebrows? (luke) think of how light it'll feel in the summer. we've got to run. eleven thousand more neighborhoods to go! (vo) ding dong! homes-dot-com. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in

roaring kitty here.a stock and talk about why i think it's interesting, and that is gamestop. >> how much should we do lose yesterday >> a billion. >> sandra: meme stock mania is taking place get again. for over three years he's been on hiatus, and roaring kitty is back in full force, and he's moving some of the stocks big time. ricky gutierrez, a retail trader and youtuber with more than a million subscribers, not roaring kitty. thanks for joining us. what should people know -- >> thank you so much for having me. >> it is really specific circles, you drop the name "roaring kitty," that know about this. it's people looking to make a fast buck, right? >> definitely. >> sandra: what is this about and what does it mean that roaring kitty is back? >> back in 2021, it seemed like he gathered a huge following solely based off the idea of, he believed in this company, he thought it was way undervalued, and i would say the whole fascination about gamestop itself was really because it was so heavily shorted. this

it has been a wild ride and it centers around roaring kitty, a.k.a. keith gill, who is due to go live and speak at midday eastern time. it is important to say i have not got a scooby doo what people say or what it will be about. there is a lot of hypothesis about his position stop we will try our best to keep you posted. other things we are watching. a lot of it is to do with next week. lyft coming up soon. investor day, a lot of numbers. a lot of questions about the future of rideshare in a world where robotaxi is king. apple wwdc on monday. mark gurman says we will be told something about apple intelligence. finally tesla up .2%. investor day next thursday. i will be on a beach in the mediterranean. it is a big one and a big vote on compensation. caroline: you better promise me you were not glued your smartphone on that beach and you take it in over a glass of wine. let's break down the numbers of what is the macro story of today. it is the jobs report dictating trade. sarah is with us, ceo of the people management platform ladders. this upended eve

with a market flash here, roaring kitty roaring yet again.they'll be live streaming on youtube tomorrow to discuss gamestop holdings. gamestop is up about 16%. we're going to get the options trade ahead later in the show. i wanted to mention the significance of this, since roaring kitty has been talking about his options, which will expire june 21, a lot of people have been wondering why they haven't seen him on youtube like they used to a couple of years ago, perhaps wanting to address the conspiracy theorys about what he is doing. we'll be hearing from him directly. gme up about 17% on that news. >>> weekly jobless claims hitting a four-week high. could be an anomaly at the end of the school year, hiring shows signs of slowing. but skills based jobs remain high in demand, and recruiter.com reports roles that require a college degree dropped to 51% from 60%. jeanette chin went to the career expo on construction and trade here at bergen community college and spoke with trade organizations and job seekers alike. here's what they told us. >> it

we saw a rally in the stock of gamestop since the return of roaring kitty.he pandemic? it went up to $483 billion before it topped out, and we couldn't even get to 70, which everyone was looking at, because that was going to make, keith gills is his name, a billionaire, and it didn't happen. the difference we have now is in 2021 people were home and everything was rallying after the major stimulus in zero interest rates. now we have higherfor longer, but we have an ai rally, which is acting more like meme stocks than actual meme stocks. what will you be looking out in the days ahead around gamestop? realty trusts which has not done very well because the real estate market has been so nuanced here in the united states. so perhaps we might get some interest, but i really believe that while we have this tremendous rally going on in the s&p and nasdaq, that the retail investors are having so much fun there, there really isn't a reason to do the short squeeze, particularly as institutional investors have become keen on the fact that if something they heavily shor

roaring kitty, speaking now in a youtube livestream.started late, but since he started, the stock of gamestop has been halted, down more than 33% on the day. more than 600,000 people are watching this livestream at the moment. of course, a lot of questions about that potential share sale, plan to share sale from gamestop. for today, roaring kitty goes on, but i am heading out. i am sonali basak "bloomberg markets here that does it for "bloomberg markets" this friday. -- i am sonali basak. that does it for "bloomberg markets" this friday. this is bloomberg. ♪ craig here pays too much for verizon wireless. so he sublet half his real estate office... [ bird squawks loudly ] to a pet shop. meg's moving company uses t-mobile. so she scaled down her fleet to save money. and don's paying so much for at&t, he's been waiting to update his equipment! there's a smarter way to save. comcast business mobile. you could save up to 70% on your wireless bill. so you don't have to compromise. powering smarter savings. powering possibilities. >> from the

would you have banned roaring kitty?at is the trading platform, is there a reason to ban somebody who has become a cult hero? >> it is an interesting question. the way you have to look at this as e*trade and so everybody is aware, i did not work at morgan stanley following the acquisition of e*trade. i wasn't involved at morgan stanley. i talk about this in my personal views. the way i look at this situation, you need to look at the customer agreement. has mr. gill violated the customer agreement with e*trade? has he committed any crimes? is he suspected of committing any crimes? has he come in clean? did he pass aml? if you check all of those boxes, absent additional facts and circumstances, i don't see anything here that would lead me in my capacity to ask him to leave or what we used to call nfb no further business letters, to go out to mr. gill. it is a situation you need to keep a close eye on. if they have additional facts or circumstances of a crime or suspicion of a crime, sure, it is time for him to go. i don't

well, not so much the other two for the time being, welcome want to go to kelly o'grady on the roaring kitty claimer. >> you gotta leave me something, the mean media is back i'm getting give you that one, gamestop sword in premarket trading and shot up over 80%. it come back to earth a little bit as you can see it's up 30% and it had been halted due to all of the volatility that we've been seen, the activity came after in account that was linked to roaring kitty the trader keith gill posted a screenshot on reddit yesterday, it showed an additional bet on $160 million on the mean stock it caused a flurry for two reasons, the first this is the first time that account has been posted since 2021, a lot of folks were saying he's back in the game this means roaring kitty is betting on gamestop to go up that's what you see the investor interest today, you couple that with what gill's twitter account posted this is a picture of an uno card if you ever played the game, a player throws this down to reverse the order of the game, a lot of folks are taking this to mean roaring kitty is reversing in favo

more than 500,000 people are watching roaring kitty as we speak.'s get some analysis with dominic chu who is monitoring the street and will bring us the latest. chris murphy is back again with the options market. and igor has been tracking the short telling and will tell us how much pain has been inflicted on the shorts so far. dom, kick us off. >> okay. so here's the current state of play. as you mentioned, kelly, 15 trading halts. so shares are paused right now. down 35% roughly at $30.12 per share last trade prior to that halt. again, 15 of them so far. each of these limit up, limit down lasts for about five minutes until things stabilize. this is all happening after roaring kitty, keith gill, the original stock trader, kicked off his live stream around 12:28 p.m. eastern time. the initial maybe call it 10 or 15 minutes ohher so, not really addressing anything gamestop specific, talking more about the nba finals and the kind of beer he was drinking at the time. now we have gotten some more, at least reiterations from previously stated positions

ashley: roaring kitty speaks. a roaring market kind of shrugs recovering both. perfectly, come on. what did you think of that connection. cat got your tongue here? okay. i'm neil cavuto. that's it, no more analogies like that. one is considered a poster child for the fraud people market and the other unemployment market there could be testing the ball market, we screened, you decide. what is each say about the other. to bull's-eye american ingenuity funds adam johnson, gary, first off, the war on kitty is streaming right now but for much of this hour, it is the first time in three years he has done so. last time, it just ignited a wave of interest. what about now? >> i can't tell you how much this irritates me, i worry about the investors and traders that don't learn any lesson and the lesson is when the music stops and this dies down, the stocks go back to where they come from, millions of dollars lost and overnight the company diluted their shares 25% and lowered their numbers and people warned me after hours for being crushed. the last time the stock dropped 90%, amazingly they

the second takeaway is that roaring kitty really believes in gamestop's future.ence that the company can revamp its legacy business and said it all comes down to the ceo, ryan cohen, and i think that's part of where his messaging fell flat. three years later, there was nothing new in his whoo why k and that was coupled with a dismal earnings report yesterday morning. the biggest surprise though, neil, was the change in his messaging. he chose his words really carefully and preetedly warned -- repeatedly warped listeners to trust no one blindly. >> you could lose everything. you kind of factor that into your analysis. and so it's the same thing here. it becomes kind of a bet on the team. and if what i've seen so far, i think i, i -- [laughter] i reserve the right to change my mind as you should too. i'm a believer right now. >> reporter: now, we do know the regulators are investigating the meme stock leader's investing activity, but it may also mean that meme mania, neil, it doesn't have as much staying power as it did last time around. we didn't get the zeal from

premarket on this little kitty, roaring kitty, whatever you want to call him, right?n gamestop came out and preannounced their earnings a week ahead of schedule, i think in front of what they think is going to be this confusing day because of withdrew talking about. and look what happened. -- youtube. i just saw i the headline number, i didn't really look at it, but clearly it's backing off. the whole gamestop theory if you want to talk about should they ban roaring kitty from getting on youtube and doing that, i say, why? if he's just is an investor, he's talking about his position. if you're buying, stock based on what he does, you know, that's your issue, not anyone else's. are you buying tock on back rock or state street or capital research based on what they do? blackrock owns 38 million shares. are you going out to buy gamestop because blackrock owns 38 million shares? probably not. but you've got to this guy on youtube that's like a phenom just like every tiktok superstar, and and people are going, oh, my god, i've got to follow this guy. guess what? you are re

as in, get the scoop. >> roaring kitty, just so everybody's clear, roaring kitty, people are thinking. >> yes. roaring kitty is a very wealthy gentleman. >> so, therefore, wow, this business is really good. somebody wins. but there is a lottery effect. let's say you bought the stock right here. hold your ears, people who hate me. you should take profits. there's nothing there. >> i know. >> i mean, ryan cohen periodically, what, good humor? the ice cream company? >> he's running this company now. >> i'm saying, he's running the company, but carl, there's still -- gamestop has a very declining situation. so, i mean, gamestop should be selling more stock so they can raise more capital and become something else. i have suggested many different courses of action for them, and they have not -- but not the theme park, by the way, 800,000 acres in new mexico. but they have been uncommunicative. you don't know what they're going to do with the capital. you do know that they don't have a winning hand. maybe they're going to, you know, drag it out to "grand theft auto" next year. >> on a relate

. >>> later, roaring kitty gives meme stock traders a new reason to buy. it is monday, june 3rd, 2024. you are watching "worldwide exchange" here on cnbc. >>> good morning. welcome to "worldwide exchange." thank you for being with us. let's kick off the first day of june trading with the check of futures. the dow coming off the best day and the nasdaq with the best month since november. futures in the green. the nasdaq is getting a boost from nvidia. nvidia up .50%. chip stocks are helping lead the charge higher. semiconductors. vanneck is coming off the six months of trading higher. starting today, semis have the heaviest weighting in the s&p for the first time ever. much more on the chip trade coming up. we are checking the bond market ahead of the busy check of economic data including the may jobs report. look at bond yields. the benchmark at 4.47. this was as high as 4.62% a few days ago. we will talk more about the bond impact coming up. and opec agrees to extend the output cuts. let's look at the oil markets. wti is up .25%. similar for brent crude.

. >>> later, roaring kitty barks. he sent out a critic message this afternoon that sent shares of chewy and other pet stocks on a volatile ride. what the options market is saying about the moves. i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- karen finerman, dan nathan, guy adami, and rebecca patterson. >>> we start off with an earnings alert on nike. the conference call is just getting under way. sara eisen has the details. >> hi,melissa. profits were a big beat, but sales missed, and were down 2% overall. also importantly, the cfo alluded to a guidance cut for 2025 in the release. here a quote from the statement. in part, saying, our fourth quarter results highlighted challenges that have led us to update our fiscal 2025 outlook. expect details on the call. but it is unusual to hint at a guidance cut from nike in the press release. so, why? what are those challenges? well, i spoke to some senior executives at the company, and here's what i can tell you. the lifestyle business

as roaring kitty's live stream kicks off.did that well in box office. >> i thought it was a good movie. >> there were excellent cameos. the only point i would make we've made a nub of times the company after the issuance of the 75 million shares in addition to the 45 million that have been previously sold will have 426 million shares outstanding. so do your math at $36 a share you get to about $15.3 billion in market value. of course we talk about dilution because you've increased the share count per earnings number. if you look right now 303 is what i've got -- 306 in terms of the outstanding shares. that's obviously going to go up a lot given the 45 million and 175 million and that gets you to 426. as for the overall market, we're looking at an s&p that's recovered given what we saw in term of the job report and the impact on the bond market. we have a lot more market coverage, a lot more to say about that jobs report, oh, and any number of other things including have a great weekend, everybody. protect patient inf. but wha

since the rush of keith gill, also known as roaring kitty.ed as regulators and investors work through the many questions that have remained unanswered as they ask is keith acting awe loan? is it an actual position? is there market manipulation as the s.e.c. is reportedly investigating trades and ties or a ban from the morgan stanley trade platform. to help us answer this litany of questions and perhaps raise a few more, let's bring in kate kelly. good morning. good to see you. >> good morning. great to see you too. interesting stuff here. >> yeah. i think you might have the volume on something there, don't worry about it. 'll move past it. we hit you with an avialanche o questions. what do you think about the scrutiny -- short selling was suspended. are we possibly setting up for something like that now following the return of roaring kitty? >> i think that's a great question. i think it would take a great events to impose the short selling ban. that was done in order to keep the stocks from plummeting too badly, and there was a lot of anger

and that represents what could be up to 20% of roaring kitty's position.the tape, it did appear these were sells, looking at where they traded relative to the bid and the ask and the way the stock obviously moved. it sold off, i think, 16% in the last hour or so, so, that created -- if the 75,000 contracts were selling, potentially to close, that created roughly 6.5 million shares to sell from market makers on the other side. typically gamestop trades 20 million shares in the last hour of the day, so, 6.5 million would impact the stock. now, in terms of how this may leave roaring kitty, if the 75,000 were him, that could have generated $52.5 million in cash, and judging from the last screenshot, where he showed, i believed, $29 million in cash, that puts him about $81 million in cash. now, he -- this would leave about 45,000, roughly, of the june 20 calls, if he were to exercise those, he would need about $90 million. so, we're getting pretty close to the math, to the money needed to exercise those calls, if this was roaring kitty. >> dan, what did you mak

gamestop ahead of roaring ki kitty's return to youtube for the first time in years.ans for the stocks is next. as we head to break, here is a look at the pre-market winners and losers. oh, charades! - okay! - love it! umm... first word. - tonsillitis! - nostril! uh-uh... bill! uh-huh... - hip-hop! - limping! mmhmm! medical bills! uh-huh! - pancakes! - cash! who pays you cash when you have medical bills? grrr! no idea. [tapping] gap! the gap left by health insurance? who pays cash to help close that gap? aflac! oh, aflac! get help with expenses health insurance doesn't cover at aflac.com pictionary?! champion iron offers a rare solution to decarbonize the steel industry. which represents up to 10% of global emissions. the company recently doubled production capacity at its mine in eastern canada. it is now investing to produce one of the world's purest iron ore. enabling green steelmaking without the use of coal. controlling a large portfolio of high purity iron ore resources. champion is considering strategic partnerships to further develop the region. champion iron.

what did you make of roaring kitty today? >> he is our new warren buffet. >> say that again. >> he is the new generation's warren buffet it seems like. a lot of followers, generates all kinds of excitement among investors. listen, the key story for me, key element here are the shares. they're going to sell 75 million shares on a base of like 306 million right now. so they're taking advantage as they should of this new excitement and interest in the stock. but, yeah, if you are left holding the bag and you hold the shares, you might be frustrated. >> is this anything but a gamble, gamestop? >> you know, i am struggling to find ways to see it as the turn around story that the bulls suggest. people are downloading games. they're not owning them, not going to stores. they're playing on their phones. i guess there is a turn around story here. even he, gill, on the call didn't really suggest what turn around play is. it's just a play on cohen who runs the company but he's also fired the c suite executives. it's a real bet. can he t

for investors overall. >> some people are calling into question whether this is even the real roaring kitty. >> could it be psychok kitty? >> that's what i was hinting at with the first question. it feels like once this is out there for so long, there's going to be big players who are going to come in and try to game the system or work the system to their own benefit. and i wonder -- i just wonder about that. >> well, there are some things that we could say that are unusual with this. first of all, a lot of the rally started before roaring kitty came back. i brought a long-term chart of gamestop going back to 2007. this $10 area was resistant in 2007. again, 2010. and became supporting. we actually bounced off that pretty hard even before roaring kitty came back. it looks like there is some sort of buying under the hood. the other question i kind of had when i was looking at the tweets and the reddit posts last night is his last summary of what occurred and his yolo update, as he called it, he had about 30 million in his account. now he has roughly 130 million. so, it makes you wonder, is t

it turns out roaring kitty bought call options for gamestop before he posted for context it gives theo buy shares at a set price by a certain date if you can buy a stock less than what is trading at you can make money, yesterday's run-up followed the exact same pattern. an accountant was associated with ill posted for the first time in years i won 16 million-dollar bet on the stock as well as additional call options the followers got excited gamestop goes up and finish the day 21% up. his reputation is fighting for the average investor, the concern he's using the influence for personal gain, you buy call options you pump up the value of the stock then you make a profit. all note as of last night he had not dumped the shares we reach out to morgan stanley that owns e*trade they declined to comment on whether this investigation they have to be careful roaring kitty comments have to be invective i spoke to the massachusetts security division and they have confirmed that they are investigating his trading activity. we will see what happens there. mike murphy is with us this morning is thi

gamestop and amc are popping thanks once again to roaring kitty.e'll drill down on those moves and find out if the meme craze could really be returning. we're live at the new york stock exchange. you're watching "closing bell" on cnbc. ♪ this is our future, ma. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo norman, bad news... get your business online in minutes i never graduated from med school. what? -but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the go. plus, buy one unlimited line and get one free for a year. i gotta get this deal... i know... faster wifi and savings? ...i don't want to miss that. that's amazing doc. mobile savings are calling. visit xfinitymobile.com to learn more. doc? >>> welcome back. shares of gamestop and amc soaring in today's session. kate rooney has a run-down of what is driving those moves.

ashley: roaring kitty speaks

the second take away his roaring kitty really believes in gamestop's future.ed that confidence that the company can revamp its legacy business that all comes down to the team and ceo ryan cohen. here's a bit of what he had to say. >> bet on the team. from what i've seen so far i think i reserve the right to change my mind as you should. i'm a believer right now. 3 years jack letts what happens from here. >> a lot of investors disagree with gil after gamestop released their earnings this morning. a few days early. we saw 29% dip in sales this quarter versus last year. 32 million-dollar loss in the quarter but what did he say? he said he reserves the right to change his mind at it really does seem he's changed his messaging versus last him around with it likely because the regulators are investigating his trading activity tech while legally safer the stock dropped 25% during his stream when he was speaking so not everyone loved what he had to say. >> it's not for the faint of heart the sort of thing, oddly enough over the years he's been seen as sort of this med

are back the original. >> i took one for the team and i watched part of roaring kitty. a traitor, it means something, there were 444,000 people watching the stream when i tuned in in our colleague hunter smith was watching he said gamestop is his only position, gamestop down 40% today but by the way it's still up 20% for the week. it's up 180% of the 52 week low, that was april but down 55% from the 52 week high, a couple weeks ago. don't try this at home but we should watch it to see what it means. jack: next week, the fed will see what happens but also apple the stock had been lagging until may it perked up recently because investors are hoping for big news next week. >> apples annual developer conference kicks off next weekend the same conference for the company highlighted the macintosh computer 40 years ago. jack: unfortunately i remember that. >> investors will look into the tech giant for the a.i. strategy and questions include whether it'll partner with a third-party like openai or google or to go at it alone. apples expected to get syria makeover so we can do m

it gained 2,100 yesterday by roaring kitty.ould show the position was held on to even after yesterday's big rally where the stock briefly gained 70% in regular trading. the stock did lose steam after there was talk about banning gill over concerns of market manipulation. amc down 23%. i will send things back over to you guys. >> i don't know. morgan stanley and e trade -- that would be quite a -- quite a move, and there would be quite a bit of backlash from that, dom. thank you. let's get to andrew. i told andrew yesterday in washington, it just -- it just smells. that's too much money to be able to make from just posting a rev reverse uno card, $85 million overnight. >> we will talk about that, joe, in just a little bit. we have a couple segments, actually, on it. in about 20 minutes we will talk to a lawyer about that, and i think that issue may come up here in washington. i'm at the cnbc ceo summit in washington this morning. a big focus here for executives gathering is 2024 election, and we will talk about how to integrate

>> a billion. >> reporter: what will the roaring kitty's return mean for the immaculateses?the very least, a renewed interest in trading by retail investors. >> this actually brings people into the market. and it brings some excitement and interest and research into the market. so, as long as you're doing it sensibly, i think it's a good thing for markets and investors overall. >> our thanks to brian cheung for that report. >>> still to come, is marvel about to avenge one of their biggest characters? what the man behind the iron man armor is saying. this is not just delivery (♪♪) this is knowing even superheroes... can use a sidekick. (♪♪) walgreens. (♪♪) this is not just a pharmacy. (♪♪) this is living the care in healthcare. (♪♪) walgreens. pain means pause on the things you love, but... green... means... go! ♪♪ cool the pain with biofreeze. and keep on going. biofreeze. green means go. this isn't charmin! no wonder i don't feel as clean. here's charmin ultra strong. ahhh! my bottom's been saved! with its diamond weave texture, charmin ultra strong cleans better with fewer

always said it's -- almost calms it hello kitty instead of roaring kitty. would love to see that impact on the market, hello kitty. not a comfortable choice. yes, e-trade should kick keith gill off. a weird market in the way like 2021, stocks have been crazy. crypto surging risk in and retail investors chasing a story heard from keith gill, "it's too good to be true." recall how we got here. deserve sit, covid everybody stuck at home online. day trading takes off thanks to robinhood and from the permian soup emerging roaring kitty on youtube and twitter. you get the deal. using a cheap code to the stock market. a bunch of rich guys trying to hold the stock down boating agaboating -- betting down, and convince others, gamestop shoots higher. gill did it. it worked. got rich. made a movie about it called "dumb money." a month ago runs the play again. in 2024, gamestop's not doing well as a company. no illusions any more. this time a social media era earning billions with power of his memes. even if gill isn't breaking letter of the rules and regulators reporte

. >>> and gamestop shares clim higher pre-market continuing tuesday's rally as roaring kitty returns>>> cnbc has been on the ground all morning at the super return conference asking industry leaders about the outlook for private equity and where they see the best returns >> the real estate sector is a space that is set to have a funfund fun fundmental re-rate we are spending less time in office as an example many traditional asset classes in real estate are finding it hard to find financing >> public equity is looking and we tend to look as well. with the lens of the defensive and stable and non-cyclical sectors, we look at business services and software and healthcare and specialized distribution three or four sectors that we are heavily skewed toward. >> we are really excited about the growth opportunity and infrastructure we feel infrastructure will require $5 trillion of annual spend for the foreseeable future for us, the financing for those needs will migrate as we have seen on the corporate side from the banks to the public sector to the private side which gives an opportunity

later, roaring kitty returning to youtube. yes, in gamestop. latest in the meme stock saga, all straight aad.he don't go anywhere. "squawk box" is coming right back. whether dad's vehicle is his prized possession or the family hauler... he needs to protect it. this father's day, give him the gift of weathertech. from laser-measured floorliners and cargo liner to keep his interior pristine. to seat protector to guard against stains and sunshade to block harmful uv rays. the cupfone perfectly secures his phone while driving. order these american made products or a gift card at wt.com. happy father's day! what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. daughter: hey, dad. dad: hey, sweetheart. daughter: what are you doing? dad: i'm gonna clean the fence. daughter: it's a lot of fence. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?

we'll debate that next. >>> plus, roaring kitty showing his cards.he meme stock general revealing his position in gamestop, but did he just overplay his hand? the action from the options tspi and beyond after this. and beyond after this. "fast money" is back in two.tes just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo ♪operatic music♪ ♪♪ ♪♪ ♪♪ ♪♪ you were made to find inner peace. we were made to track flight prices to paradise. ♪♪ sandals jamaica sale is now on! with rates from $199 per person per night. visit sandals.com or call 1-800-sandals >>> welcome back to "fast money." two tesla calls today laying out very different takes on the ev maker. gugen him reiterating its sell rating. the firm saying tesla's, quote, increasingly an investment undermined by autonomy, which requires investors to buy into the future that has limited supporting evidence. on the other hand, piper sandler sticking with its overweight rating and $205 price target. analysts noting they are looking beyond the june annual

i'm going to give you my take on roaring kitty as he continues to make the headlines.t's hey, it's like cole porter. we have a cole porter market with the s.e.c. anything goes. and all your calls rapid-fire in tonight's edition of the "lightning round." so stay with cramer. at corient, wealth management begins and ends with you. we believe the more personal the solution, the more powerful the result. we treat your goals as our own. we never lose focus on the life you want to build. and our experienced advisors design custom built strategies to help you get there. it's time for a wealth management experience as sophisticated as you are. it's time for corient. >>> when we talk about what makes a company great, most people don't give enough credit to leadership, which by the way is a good way to pick stocks. the difference between top-notch leadership and mediocre is night and day. what makes a good leader? we're going to david novak, co-founder and chairman of yum. yum is still doing pretty darn well. david's new look "how leaders learn" comes out tomorrow. it's about th

have to say. >> roaring kitty -- shares have risen as much as 34% following the dog post from roaringde on chewy? >> i'm buying it. it is a meme stock now at this point, but we actually own it, and there is 20 million shares that are being shorted, but there is plenty of liquidity. most important what we like is the company -- the stock is well off its highs, its covid highs, but back then they were not profitable. now the company is making money and the growth is significantly higher than its peers, 70% compared to flat for the rest of the category. and relative valuation, they are completely aligned. it is exactly on the industry average, and so when you have revenue growth that is higher and relative valuation that is in line, we're speaking about an industry that is -- that we have millennials especially getting more into owning pets and we saw this trend starting during covid. i think the outlook -- the outlook is good for them. >> people will spend on their pets. that is for sure. >> she's jumping on the meme trade, interesting. for our final name, we asked you to give us your t

this is a big problem for roaring kitty.e of $20, just below what we're seeing it trade at. those are expiring june 21st. the issue is if the stock drops to the point that it may not make sense for him to exercise those options, he could lose a lot of money. he paid millions for the right for those options. but, you know, i mean, roaring kitty, he doesn't really seem to care about a making money based on that live stream on friday. [laughter] stuart: the roaring kitty saga has legs, doesn't it? >> it does. stuart: it's the name -- >> absolutely. let's give him money too right now. [laughter] stuart: check that big board. we've got a rough start to this tuesday morning, we are down 280 points, .7%. the dow's at 38,500. dow winner, there are a few. i think there are a few. last time we he canned, there were not. -- checked, there were not. apple is up $3 now, a better reception to its a.i. platform. verizon is on the list. and here's the s&p 500 winners, first solar, robert -- apple, general motors on the list of the s&p 500.

it's down 40%, and that is following roaring kitty's livestream earlier today.ristina partsinevelos has been following that, and she is here with more. what are we seeing? >> the shares are facing their worst session in three years, and first, you had the surprise earnings release this morning, sales down 29% year over year. the report was worse than expected. then you had the announcement that the company plans to sell up to 75 million shares, and then lastly, like you mentioned, the youtube stream by keith gill, the meme leader, gamestop investor known as roaring kitty. shares were halted 17 times on that volatility with over 4 times its 30-day average trading volume. so, a lot of movement. in the youtube stream, there was no major gamestop revelations from keith gill, who didn't actually wearhis red or infamous red bandanna, but he did speak to his belief in the fundamentals of gamestop and the ability of ceo ryan cohen to turn things around. listen in. >> that's what folks are -- should be focussed on, you know what i mean? and that's probably going to be an

the move was based on speculation that the investor known as "roaring kitty" claimed a sizeable stakes edition of business today. thanks for watching. news continues here on bbc news. hello and welcome to sportsday — i'm gavin ramjaun. djokovic does it again — the world number one comes back from the brink of defeat to make the quarter finals of the french open. kylian mbappe says it's a "dream come true" as his long—awaited move to real madrid is confirmed. and jos buttler tells us he's keen to forget, as england begin the defence of the t20 cricket world cup. hello there, and welcome along to the programme. we begin with an incredible comeback from novak djokovic at the french open, which saw the world number one reach a record 59th grand slam quarterfinal. djokovic cruised the first set against francisco cerundolo 6—1, but looked in real trouble after that. his opponent levelled, then went ahead, after djokovic struggled with a knee injury. as we've seen before though, you can never rule him out, and the defending champion dug in, to win the next two sets, 7—5, 6—3. another epic fi

after a livestream appearance by keith gill, also known as roaring kitty failed to spark investor enthusiasmhe struggling firm's shares explode 2021, contrary to the bets of many professional wall street firms. four passengers from the us, turkey and italy travelled to the edge of space and back on a virgin galactic flight. richard branson�*s space tourism company will now take a two—year break from organising space flights, to upgrade its fleet. and that's it for this edition of business today. thanks for watching. hello and welcome to sportsday. i'm chetan pathak. coming up on the programme: will he be the next king of clay? carlos alcaraz wins the french open, after an enthralling five—set final in paris. a thriller in new york — india survive a scare to beat pakistan at the t20 cricket world cup. and back to winning ways — world champion max verstappen comes out on top at a dramatic canadian grand prix. welcome along. thank you forjoining us. we start with a history—making win for carlos alcaraz — the new french open champion who, at the age of 21, is the youngest man to win grand slams o

shares in gamestop have surged nearly 50% after stock influencer roaring kitty scheduled a livestream company's stock has been volatile after the influencer made a return of sorts to social media after three years away. gill was a key player in the 2021 rally of gamestop and other so—called meme stocks. for the first time in five years, the european central bank has cut interest rates. the move was widely expected, with inflation easing in the 20 european countries that use the euro. the pandemic and russia's invasion of ukraine had a big impact on those eurozone nations, driving up the cost of everything from food to energy. daniel murray, chief executive of efg asset management switzerland, told me about how asian central banks are likely to react. i think the situation in asia is very interesting. 0bviously, different situations depending on which country you're looking at. the monetary authority of singapore, for example, they unusually don't set policy by interest rates but use currency as the moetary tool and that they are very happy to continue to let the currency strengthen ge

retail investors have turbocharged the stock after influencer roaring kitty doctor up the shows followingutube. she has a so—called mean stock up she has a so—called mean stock up by she has a so—called mean stock up by 5%. joey "jaws" chestnut has been told he cannot take part in america's premiere hot dog contest. it comes after the competitive eating star struck a sponsorship deal with vegan brand — impossible foods. chestnut has been removed from next month's nathan's hot dog eating contest in new york. nathan's and impossible are direct competitors in the hot dog space. and that's it for this edition of business today. thanks for watching. hello and welcome to sportsday with me, marc edwards. raising the bar — italy's olympic champion gianmarco tamberi thrills home fans by taking highjump gold at the european athletics championships. erik staying hag, the dutchman will remain as manager of manchester united following a post—season review. and still in with a chance, pakistan beat canada as they live to fight another day at the t20 world cup.

roaring kitty or deep value is back in the bet it would seem, taking a screenshot of his business.will have details next. let's look at what is happening with spotify stock today. european company traded in the united states. it is rising at the price hike will be supporting revenue going forward. the street liking some of the news. bloomberg intelligence saying the decision demonstrates pricing power as music streaming remains underpriced. watch out for the premium service starting in july. this is "bloomberg technology." ♪ life's daily battles are not meant to be fought alone. - we're not powerless. so long as we don't lose sight of what's important. don't be afraid to seize that moment to talk to your friends. - cloud, you okay? because checking in on a friend can create a safe space. - the first step on our new journey. you coming? reach out to a friend about their mental health. seize the awkward. it's totally worth it. it's mine. you, ok? yeah, are you ok? we're fine. my serve. maybe we should stop. this pinewood pickleball champ stops for no one. we got our melons checked. s

plenty more coming up including roaring kitty.loomberg. ♪ tom: welcome back to "bloomberg daybreak: europe." a big data point is the pce indicator, the personal consumption expenditures index. it is central to how the fed thinks when it should go with its first cuts with markets pricing and 45 basis points of cuts by the end of this year so far. that could adjust today. this chart showing the work that is being done in terms of pce and the growth coming through and the slowdown. bloomberg economics sees this being the slowest print yet so far this year. core pce seen increasing 0.1% versus 0.2% in the previous month, year on year slowing 2.6% versus 2.7%. bloomberg economics sees the disinflation narrative in the u.s. tolling in the months ahead. let's look at quarterly positioning with flows into those 20 year treasuries. $3.5 billion u.s. of inflows, some discussion as to whether this is the rebalancing, a safe haven shift and stocks have outperformed bonds this quarter. before we leave you, roaring kitty back, keith gill going