To The Moon

Meme shares jumped again in premarket trading Friday. Faraday Future rose 55%; GameStop rose 11%; AMC Entertainment rose 7%; Reddit rose 14%; Akanda rose 136%; Bruush Oral Care rose 64%; Crown Electrokinetics rose 55%; Cyngn rose 20%; Greenwave rose 16%.

1605 ET - Major U.S. stock indexes end slightly lower a day after all three finished in record territory. The DJIA briefly eclipsed the 40,000 mark for the first time helped in part by Walmart's 7% rise after it posted strong 1Q results and lifted it's full-year outlook. Chubb gains 4.7% after Berkshire Hathaway revealed the insurer as its mystery stock pick in a SEC filing on Wednesday. Consumer staples were the only sector to rise as Walmart results helped lift some rivals. DJIA slips 38 points, or 0.1%, to 39869, the S&P 500 falls 0.2% to 5297 and the Nasdaq drops 0.3% to 16698.

Here are Thursday’s biggest calls on Wall Street:Wells Fargo reiterates Tesla as underweightWells said Tesla is not a threat to the auto industry anymore and that the China “dragon has awakened.”“TSLA

Here are Thursday’s biggest calls on Wall Street:Wells Fargo reiterates Tesla as underweightWells said Tesla is not a threat to the auto industry anymore and that the China “dragon has awakened.”“TSLA

U.S. stock index futures were little changed on Wednesday ahead of crucial consumer prices data that will test the recent market rally fueled by hopes of monetary policy easing.Market SnapshotAt 7:56

Directors have hired an adviser andlaunched a website to secure the CEO’s compensation.Vehicles at a Tesla store in Colma, California.Tesla Inc. is looking to woo its unusually large base of retail in

-- The stock market is having a sleepy trading session Tuesday ahead of Wednesday’s critical inflation data. But in the more obscure, speculative corners of the investing world the casino is rocking.Trump Vows ‘Day One’ Executive Order Targeting Offshore Wind. Biden Accuses China of ‘Cheating’ on Trade, Imposes New Tariffs. Macron Puts French Banks in Play With Plan to Transform Europe. Flood of China Used Cooking Oil Spurs Call to Hike US Levies. Five Under-the-Radar Billionaires Making Vast Fortunes inModi's India. The mania, which has spread to many of Wall Street’s most hated stocks, has shades of 2021’s meme stock craze, when cooped-up individual investors railed against short-selling hedge funds on forums like Reddit Inc.’s WallStreetBets and the chatroom StockTwits. But that was three years ago. Wall Street has since gotten privy to how these “Reddit Raiders” operate and created a blueprint to profit.Read more: GameStop Stock Surge Is a Long Way From 2021’s Meme-Stock Frenzy

-- The stock market is having a sleepy trading session Tuesday ahead of Wednesday’s critical inflation data. But in the more obscure, speculative corners of the investing world the casino is rocking.Trump Vows ‘Day One’ Executive Order Targeting Offshore Wind. Biden Accuses China of ‘Cheating’ on Trade, Imposes New Tariffs. Macron Puts French Banks in Play With Plan to Transform Europe. Flood of China Used Cooking Oil Spurs Call to Hike US Levies. Five Under-the-Radar Billionaires Making Vast Fortunes inModi's India. The mania, which has spread to many of Wall Street’s most hated stocks, has shades of 2021’s meme stock craze, when cooped-up individual investors railed against short-selling hedge funds on forums like Reddit Inc.’s WallStreetBets and the chatroom StockTwits. But that was three years ago. Wall Street has since gotten privy to how these “Reddit Raiders” operate and created a blueprint to profit.Read more: GameStop Stock Surge Is a Long Way From 2021’s Meme-Stock Frenzy

For May 1-12, Nio was 5,600, Xpeng 2,800, Li Auto 10,800, Xiaomi 2,000, Tesla 16,900, and BYD 101,300 units.Major electric vehicle (EV) makers mostly saw vehicle insurance registrations in China rise