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Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What’s Driving Markets Wednesday?

By Piero Cingari
May 15, 1:36 PM
The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April, as traders increased their rate cut bets.

AMC

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What’s Going On With BlackBerry Stock Wednesday?

By Adam Eckert
May 15, 12:08 PM
Despite Wednesday's fall, BlackBerry shares are still up more than 10% for the week. The rally got started when Keith Gill, the GameStop Corp (NYSE:GME) trader best known as "Roaring Kitty," posted a simple meme of a person leaning forward in a chair following three years of silence on social media. He has continued posting video clips on X throughout the week.

BB