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Should you buy SoFi shares as its popularity rises on Wall Street Bets?

Should you buy SoFi shares as its popularity rises on Wall Street Bets?
invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.

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U S retail stock buying hit record level on Friday -Vanda Research

U S retail stock buying hit record level on Friday -Vanda Research
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Retail traders have poured $1 27 billion into meme stocks in 2 weeks - matching the peak during the GameStop short squeeze in January

Renewed interest in meme stocks began with AMC Entertainment in late May and has spread to new names like Wendy's and Clean Energy Fuels.

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Is Amazon the spark that reignites cannabis stocks?

Is Amazon the spark that reignites cannabis stocks? After struggling in recent months, companies that focus on the booming marijuana sector could be primed for a takeoff. What’s happening: Everyday investors are increasingly excited about legislation in Washington that could dramatically change US marijuana policy. And on Tuesday,Amazon announced its support for the federal legalization of marijuana indicating a growing willingness in Corporate America to throw its weight behind the issue. In recent days, names like Cronos, Tilray and Sundial Growers have seen a pickup in purchases by amateur traders, according to analysts at Vanda Research. Driving much of the action is the Marijuana Opportunity Reinvestment and Expungement Act, or MORE Act, which was reintroduced by Democratic House Judiciary Committee Chair Jerry Nadler last Friday.

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Coinbase IPO Turns Out to Have Been Bad Day to Splurge on Crypto

Coinbase IPO Turns Out to Have Been Bad Day to Splurge on Crypto Bloomberg 7 hrs ago Claire Ballentine and Vildana Hajric (Bloomberg) Like many things in markets, crypto managed to maximize the pain. The rise of a slew of coins went on just long enough to pull in a bunch of otherwise sensible money. And then they made them pay. The siren song reached a peak with Coinbase Global Inc.’s market debut on April 14. The direct listing of the largest U.S. crypto exchange supercharged theories that crypto had made it to the investing mainstream, that Wall Street’s embrace lent legitimacy to the asset class and the sky was the limit. Retail investors flooded in.

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