FlowBank's hand-curated fresh financial news [header_noDither] Meme Stock Rally Fizzles GameStop and AMC shares tumbled Wednesday, marking the end of a brief two-day meme stock rally. GameStop fell nearly 19%, while AMC dropped 20%, following a debt-for-equity swap announcement by AMC. The recent surge, reignited by a social media post from Keith Gill (aka "Roaring Kitty"), saw retail trader inflows significantly lower than the peak mania of 2021. WHAT'S MOVING [Group 1742 (93)] [Start Trading](113/cXx8Z04/VWdXh61Xynz0W1v249G5GTmC6W5DT7xy5f7r_nN2v9B1-2-ZVTW6N1vHY6lZ3nbW5qxX8l4BqDz_W1zC5rG5Fly2pW16FdS87h2P9bW4m2Hq88xx9V4W3PXw8y6rrv7tW8bZCKj7ZzCphVgjCYg1rfJqJV5lxZ662SDgRW6zJrYr5x6SzwN8NjZkWrGJDLW6_Rhy72LvSX3W9dK_xQ81NBN8W89dKzs7NwsJPN8721gLdr7lrW7bQQnJ5BV3lBW3S1H_43XdWV4Vqk1wq2hslh6MRzVF9dZN06W3q3M434rP5sgW48C-mp5wfPNPW7Sq87X20FbqxW6X35BV44yj3Hf74lGNz04) [Group 3 (87)-1] Microsoft Microsoft's carbon emissions have risen nearly 30% since 2020 due to the expansion of data centers, despite a 6.3% decrease in direct emissions, prompting a new requirement for select suppliers to use 100% carbon-free electricity by 2030. [Group 1754 (37)] Palo Alto Networks Palo Alto Networks is acquiring IBM’s QRadar cloud security software and transitioning customers to its own Cortex Xsiam platform, aiming to bolster its position in the cybersecurity market and integrate IBM’s Watsonx models. [Group 1753 (38)] Dell Dell shares surged 11% to an all-time high after Morgan Stanley predicted $10 billion in AI server revenue for fiscal 2025, driven by strong demand for AI servers built around Nvidia chips. WHAT'S COMING UP? USD: Initial Jobless Claims: Exp. 219K v Prev. 231K USD: Philly Fed Manufacturing Index (May): Exp. 7.7 v Prev. 15.5 IN OTHER NEWS Wall Street Stock futures rose Thursday after lower-than-expected inflation data pushed major indexes to record highs. On Wednesday, the Dow climbed 0.88%, the S&P 500 gained 1.17% to close above 5,300 for the first time, and the Nasdaq Composite increased by 1.40%. [Group 1769] Europe European stocks are set to open higher Thursday, boosted by a global relief rally after softer-than-expected U.S. inflation data. The U.K.’s FTSE 100 is expected to rise 0.26%, Germany’s DAX 0.14%, France’s CAC 0.08%, and Italy’s FTSE MIB 0.18%. MARKET INSIGHTS What it takes to be a scalper Scalping is a popular, ultra short-term technical trading strategy, especially popular in the 24-hour forex market. [Read more](113/cXx8Z04/VWdXh61Xynz0W1v249G5GTmC6W5DT7xy5f7r_nN2v9B1n2-ZVTW5BW0B06lZ3kTW67jDBk1C83fgW4z6tSC1ZFpVwW3cwkl68lfk6bVr-_mN4Jvyq8N7h5NJhjb0B6W7LJmjy8td4cyW14__Nd18PlHTW4xPFKW245TdjW1shCVk7_wWFBW8WRd7f1lHNxNN9cty8GSwn_xW1zc7d53GNfl_W3rdv1q5SsDgNW4T944Z7kSB1HW8Xz8HL5T77NwW4f2QWs22pf0NN4gmVRlqDgkgW7BZxgQ3fjGzqf5y86QK04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VWdXh61Xynz0W1v249G5GTmC6W5DT7xy5f7r_nN2v9B1n2-ZVTW5BW0B06lZ3pwN1Ww3tD66fLyW6jkcW03rrFfbVZV4Jj31dlsDW8vM5SQ3srFv9W44BF_44VYgMFW4vwgGz1DxLpPN2DzJ_Sm70PJW68RCQR5sRGPDW1_3StP1FQSZWW6fvCJK6y4PFnW4V1BD05Bs1HWVkf2Kx1MyLZ3W17pwRX3hgyl-N36tlk0CsNtvW4S_MvF5QN73nW10H1567R42dxW3wDycM6xGnXJV5lXnp4C0Zq4f1Ysp0d04)
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