Meme Stocks Are Back! GoPro, Krispy Kreme, and Opendoor Ride the Hype Train
In today’s episode of The Business Show, meme stocks are making a dramatic return—GoPro, Krispy Kreme, and Opendoor are surging on pure retail investor hype, despite weak fundamentals. We break down the frenzy and what it says about today’s market psychology. Plus, President Trump announces a historic $550 billion trade deal with Japan, just before his August 1st tariff deadline. Egg shortages are hitting hard as avian flu wipes out nearly half of America’s egg-laying hens, leading major grocery stores to start rationing. Pepsi dives deeper into gut health with a new prebiotic cola launch after its $2B Poppi acquisition. And we unpack the latest in meme stock mania and why fundamentals seem optional when Reddit gets involved.
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