Category Archives: News

GME GameStop shares jump for a second day, but well off the highs

Avishek Das | Lightrocket | Getty Photographs

GameStop jumped Tuesday to increase the meme inventory rally began by the primary on-line publish from “Roaring Kitty” in three years, however enthusiasm appeared to chill as shares lower features to finish the session.

Shares of the online game retailer completed the day 60% larger after greater than doubling at one level earlier. The rally in AMC pale a bit with shares ending the session up 32%. The movie show operator noticed shares gaining over 130% at its peak, and the rally got here even after AMC raised about $250 million of latest fairness capital throughout Monday’s wild buying and selling.

GameStop and AMC every rallied over 70% Monday. The meme inventory phenomenon seems to have been reignited by a current social media update from Roaring Kitty. The person, whose authorized title is Keith Gill, posted an image on the X platform of a video gamer sitting ahead on their chair — a meme utilized by avid gamers to point they’re taking the sport significantly.

It marked Gill’s first publish on the platform since 2021, and has since been considered greater than 23 million instances. Gill adopted up with a collection of posts of brief movies from common TV exhibits and flicks, though the which means behind a few of them was unclear.

Different so-called meme shares additionally traded larger on Tuesday. Shares of one-time dominant smartphone maker BlackBerry popped 9%, whereas headphones producer Koss was up 26%. Photo voltaic firm SunPower climbed 60%.

“It seems to be like retail buyers have gotten extra bullish once more and prepared to tackle extra threat,” Neil Wilson, chief market analyst at Finalto, stated in a observe. “There isn’t any elementary purpose for the transfer as such – GME’s final earnings report was abysmal.”

In late March, GameStop stated it had lower an unspecified variety of jobs to cut back prices, and reported decrease fourth-quarter income amid rising competitors from e-commerce-based rivals.

Learn extra CNBC GameStop, AMC information

‘Unmistakably’ echoes 2021’s saga

Gill is a former marketer for Massachusetts Mutual Life Insurance coverage. Often known as DeepF——Worth on Reddit, he led a military of day merchants who cheered one another on and piled into the brick-and-mortar online game inventory and in GameStop name choices between 2020 and 2021.

The goal was to drive up shares of sure beforehand unloved firms, placing strain on hedge funds that had been betting they might decline in worth.

Shares of GameStop, which hit an all-time intraday excessive of $120.75 in January 2021, later collapsed together with different meme shares as curiosity pale. GameStop’s shares have been trending down lately, touching a three-year low of $9.95 final month. They ended Monday at $30.45.

Analytics agency Ortex Applied sciences estimated that losses for GameStop brief sellers got here in at $868 million as of Monday’s shut, and stood at $1.26 billion for Might.

On the worth of $46 per share early Tuesday, Ortex Applied sciences stated GameStop brief sellers had misplaced an additional $1.04 billion, pushing whole losses for Might to simply over $2.3 billion.

“With GameStop’s brief curiosity nearing 25% of the free float, the best degree since 2022, and a staggering 150% worth improve in beneath two days, the scenario unmistakably echoes the occasions of January 2021,” a spokesperson for Ortex Applied sciences advised CNBC through e mail.

“Notably, there are not any indications that brief place holders have begun closing their positions. In such a dynamic market atmosphere, monitoring brief curiosity ranges is essential as these metrics sign when brief sellers begin to shut their positions, doubtlessly including further shopping for strain to the inventory,” they added.

Brief promoting is a method by which buyers borrow shares at a sure worth, anticipating the market worth to fall under that degree when it is time to pay for the borrowed shares.

— CNBC’s Ganesh Rao and Fred Imbert contributed to this report.

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President Akufo-Addo confers Ghanaian citizenship on Stevie Wonder

The President of the Republic of Ghana, H. E Nana Addo Dankwa Akufo-Addo conferred Ghanaian citizenship on the legendary American Musician and Songwriter, Steveland Morris, popularly referred to as Stevie Marvel at a ceremony on the Jubilee Home in Accra.

This marks a major milestone within the nation’s efforts to draw diasporan Africans and recognise excellent contributions to the African diaspora.

President Akufo-Addo praised Stevie Marvel for his excellent contributions to music and his unrelenting dedication to the African diaspora.

He emphasised that Stevie Marvel’s music has been a supply of inspiration to generations of Ghanaians and Africans worldwide and that his go to to Ghana would assist to strengthen the ties between Africa and its diaspora.

The Minister for the Inside, Hon. Henry Quartey in his remarks, counseled the President for championing the 12 months of Return initiative which has up to now culminated within the registration of 252 people from Africa- American and Caribbean Diasporan Communities as Ghanaians.

Stevie Marvel, a long-time admirer of Ghana and its wealthy cultural heritage, expressed deep gratitude, pleasure and honour bestowed upon him.

In line with him, he has been drawn to Ghana’s vibrant tradition and heat hospitality and he was thrilled to now name himself a Ghanaian citizen.

The occasion marked a major second in Ghana’s efforts to interact with its diaspora counterparts and recognise their excellent contributions to the African diaspora. It’s anticipated to encourage additional collaboration and trade between Ghana and the African diaspora, and cement Ghana’s place as a hub for African cultural and mental excellence.

What channel is the Phillies game on Tuesday? How to watch, stream

The Philadelphia Phillies end a 5 sport highway journey with their second sport in New York. The Phillies face the Mets Tuesday in a day sport.

Who gained the Phillies sport final evening?

Phillies 5, Mets 4 (10 innings)

Bryson Stott hit a sacrifice fly within the tenth inning to attain Bryce Harper and full the Phillies come-from-behind victory.

The Phillies trailed 4-2 within the ninth when Stott lead off with a house run. After the Phillies loaded the bases, Alec Bohm was hit by a pitch to to pressure in Kody Clemens.

Who’re the Phillies enjoying at this time?

The Phillies face the New York Mets at 1:10 p.m., Tuesday at Citi Subject in New York. Philadelphia right-hander Aaron Nola (4-2, 3.67) will face New York right-hander Jose Butto (1-2, 3.00 ERA).

What channel is the Phillies sport on at this time?

The sport will probably be on the NBC 10. The radio broadcast will probably be on 94WIP in addition to WDEL 1150 AM and 101.7 FM.

How can I stream at this time’s Phillies sport?

Each Phillies sport is streamed on MLB.com with the MLB TV package deal, which you need to pay for. You too can stream the radio broadcasts with MLB audio.

How can I watch the Phillies on Apple TV+?

The Phillies can have two video games streamed solely on Apple TV+ this season. Whereas there’s nonetheless time earlier than the sport, if you wish to watch it, you will want a subscription. A month-to-month subscription to Apple TV+ is $9.99. Nevertheless, Apple TV+ is providing a free trial with the requirement of an e-mail or Apple ID.

Phillies rocking previous opponents:Why grand slamming Bryce Harper, Phillies are loosest, sexiest Brandon Marsh rock band staff

When do the Phillies play on Apple TV+ this season?

For the 2024 season, the Phillies will seem on “Friday Night time Baseball” on Apple TV+ two occasions.

June 21: Diamondback vs. Phillies, 6:40 p.m., Apple TV+

Phillies vs. Mets, May 15-16

The Phillies return to Residents Financial institution Park to tackle the New York Mets for a two-game sequence on Wednesday, Might 15, and Thursday, Might 16. Right here’s a take a look at among the fan highlights surrounding the video games:

1. On Wednesday, Might 15, at 6:40 p.m., Phillies followers assemble for Coca-Cola x Marvel™ Evening at Residents Financial institution Park!

2. The sequence concludes on Thursday, Might 16, at 6:40 p.m., that includes the Class of 2024 Celebration Theme Evening! Additionally, ten native college students might be honored on-field pregame within the 7th Annual All-Star College students Recognition sponsored by LF Driscoll.

3. The Phantastic Public sale is formally underway! Highlights embrace 62 once-in-a-lifetime participant and recreation day experiences, distinctive memorabilia and extra up for bid till Might 19 at phillies.com/phantasticauction to learn Phillies Charities, Inc. and ALS United Mid-Atlantic.

The first Megalopolis trailer looks like a Coppola sci-fi fever dream

After gestating within the thoughts of author / director Francis Ford Coppola for the higher a part of the final century, Megalopolis is lastly making its technique to the massive display screen at this 12 months’s Cannes Movie Pageant. And from the seems of the sci-fi epic’s first teaser trailer, it may be nearly every thing Coppola at all times dreamt it will be.

Set in a sprawling metropolis that’s been devastated by a cataclysmic pure catastrophe, Megalopolis tells the story of how architect Cesar Catilina (Adam Driver) tries to rebuild the town utilizing his uncommon means to regulate time. There appears to be no stopping or reversing the bathe of flaming meteors that descend upon the town within the new trailer as Cesar and different residents watch in horror. However as imperiled as the town could also be, Cesar seems to be useless set on attempting to persuade folks the way it may be remade as a utopia if solely they’d perceive his visions for a greater future.

With the current being so stuffed with chaos, glamorous extra, and destruction, the longer term Cesar desires to make actual in all probability feels one thing like a dream that others can’t totally wrap their minds round. The trailer makes that really feel considerably true of Megalopolis as a complete as nicely, however that will wind up being a part of the movie’s enchantment when it will definitely makes its theatrical debut after premiering at Cannes.

Francis Ford Coppola calls ‘Megalopolis’ his ‘best work’: See new trailer

Francis Ford Coppola shared an epic teaser trailer to his extremely anticipated upcoming movie “Megalopolis” on Tuesday, forward of its world premiere on the Cannes Worldwide Movie Competition on Might 16.

“Our new movie @megalopolisfilm is the very best work I’ve ever had the privilege to preside over,” Coppola wrote in an Instagram submit, alongside the teaser trailer.

The brand new take a look at the upcoming movie reveals {that a} calamity has befallen a New York-like metropolis known as New Rome. Meteor-like streaks careen into the metropolis from area.

A voiceover within the trailer begins, “When does an empire die? Does it collapse in a single horrible second? No, no. However there comes a time when folks not imagine in it.”

The clip is replete with each gorgeous practical sequences and what seem like hallucinations, like a strolling statue of Woman Justice bodily collapsing from exhaustion.

“Do not let the now destroy the without end,” says Adam Driver’s character, an idealistic artist named Cesar Catilina. “Is that this society, is this manner we’re dwelling, the one one which’s obtainable to us?

Whereas Cesar desires of a utopia that may emerge from the disaster, town’s mayor, Franklyn Cicero (Giancarlo Esposito), “stays dedicated to a regressive established order, perpetuating greed, particular pursuits, and partisan warfare,” the official synopsis states.

The outline says “Megalopolis is a Roman Epic fable set in an imagined Trendy America,” and if Cesar and Cicero’s names do not drive that time dwelling, there is a chariot race staged for elites at Madison Sq. Backyard, full with attendees in full Roman apparel.

“Create Your Future,” a sequence of title playing cards reads, as unrest continues within the streets.

“We’re taking our metropolis again!” Shia LaBeouf’s Clodio, in full Julius Caesar armor, screams at one level.

Driver’s character continues, in voiceover, “And after we ask these questions, when there is a dialog about them, that principally is a utopia.”

“Megalopolis” additionally stars Dustin Hoffman, Jon Voight, Nathalie Emmanuel, Aubrey Plaza, Talia Shire, Jason Schwartzman, Grace VanderWaal, Chloe Fineman, James Remar and D.B. Sweeney.

A launch date has not but been introduced.

How Manchester City beat Tottenham 2-0 to retake first place in Premier League

Postecoglou has made some very fascinating, if barely cryptic, feedback in his post-game press convention. One can be sensible to imagine that he’s referring to the perspective across the membership over the past couple of days.

“The final 48 hours have revealed to me that the foundations are pretty fragile,” stated the Tottenham supervisor. “The final 48 hours have revealed lots to me and that is alright. It simply means I’ve obtained to return to the drafting board with some issues.”

He was then pressed on whether or not he had seen these items internally or externally.

“Outdoors, inside, all over the place,” Postecoglou responded. “It has been an fascinating train. It is simply my observations. You may make your individual pretty correct evaluation of what is occurred.

“I perceive, I’ve in all probability misinterpret the scenario as to what I feel is essential within the endeavour to turn out to be a profitable staff however that is okay. That is why I am right here.”

Chiefs’ Harrison Butker criticizes Pride Month, trans people in speech

Kansas Metropolis Chiefs placekicker Harrison Butker used his platform as a graduation speaker at Benedictine Faculty final weekend to assault Satisfaction Month and transgender individuals, the coronavirus pandemic, whereas additionally telling girls to get again within the kitchen.

Benedictine Faculty is a Catholic personal liberal arts college in Atchison, Kansas, and Butker used his 20 minutes on stage to opine his ideas, beginning with Satisfaction Month and, what he referred to as “harmful gender ideologies.”

“Not the lethal sins form of Satisfaction that has a complete month devoted to it,” Butker stated, “however the true God-centered satisfaction that’s cooperating with the holy ghost to glorify him.”

Satisfaction Month has been celebrated in June since 1969.

Butker additionally shared his ideas on COVID-19, which has killed practically 1.2 million individuals in america, in accordance with the Facilities for Illness Management and Prevention:

All issues Chiefs: Newest Kansas Metropolis Chiefs information, schedule, roster, stats, damage updates and extra.

“Whereas COVID may need performed a big function all through your early life, it isn’t distinctive,” Butker stated. “The dangerous insurance policies and poor management have negatively impacted main life points. Issues like abortion, IVF, surrogacy, euthanasia, in addition to a rising assist for the degenerate cultural values and media all stem from pervasiveness of dysfunction.”

Girls had been additionally below scrutiny by Butker.

“I can inform you that my stunning spouse, Isabelle, can be the primary to say that her life really began when she started residing her vocation as a spouse and a mom. I’m on this stage, and capable of be the person I’m, as a result of I’ve a spouse who leans into her vocation,” Butker stated.

“I’m past blessed with the various skills God has given me, but it surely can’t be overstated that each one of my success is made potential as a result of a lady I met in band class again in center college would convert to the religion, grow to be my spouse, and embrace one of the crucial vital titles of all: homemaker.”

Those that did not slot in that class, Butker had extra phrases for them.

“I feel it’s you, the ladies, who’ve had essentially the most diabolic lies instructed to you,” he stated. “A few of you could go on to guide profitable careers on the planet however I’d enterprise to guess that almost all of you might be most enthusiastic about your marriage and the youngsters you’ll carry into this world.”

Butker has been with the Chiefs since 2017 and has gained three Tremendous Bowl championships. He holds data for the longest discipline purpose in a Tremendous Bowl and profession discipline targets within the Tremendous Bowl with 9.

Chiefs’ Harrison Butker chides Catholic leaders in Benedictine College commencement address 

Butker, 28, kicked the game-tying area purpose for the Kansas Metropolis Chiefs late within the fourth quarter in Tremendous Bowl LVIII this previous February, a yr after kicking the game-winning area purpose late within the Tremendous Bowl in February 2023.

A practising Catholic who attends the Latin Mass, Butker is married and has two youngsters. 

In Might 2023, he drew consideration along with his graduation deal with at his alma mater, Georgia Tech, throughout which he suggested graduates to keep away from being “alone and devoid of goal” and to fight loneliness, anxiousness, and melancholy with what he known as “one controversial antidote that I imagine can have an enduring impression for generations to return: Get married and begin a household.” 

Benedictine is a Catholic faculty in northeastern Kansas related to the Benedictine spiritual order that has been endorsed by The Cardinal Newman Society as “a devoted Catholic school.” The varsity has about 2,100 undergraduates. 

Butker’s roughly 20-minute speech at Benedictine had little of the sunshine banter and motivational encouragement sometimes discovered at commencement ceremonies, a degree he famous. 

“I do know that my message at present had rather less fluff than is anticipated for these speeches, however I imagine that this viewers and this venue is the perfect place to talk brazenly and truthfully about who we’re and the place all of us wish to go, which is heaven,” Butker stated. 

To be devoted, he stated, Catholics should deal with publicly hot-button cultural points. 

“These are the types of issues we’re advised in well mannered society to not carry up. You understand, the tough and ugly issues. But when we’re going to be women and men for this time in historical past, we have to cease pretending that the church of good is a successful proposition,” he stated. “We should all the time communicate and act in charity, however by no means mistake charity for cowardice.” 

Butker stated closing the church buildings throughout the coronavirus shutdowns of 2020 is an instance of bishops shirking their accountability. 

“As we noticed throughout the pandemic, too many bishops weren’t leaders in any respect. They have been motivated by worry, worry of being sued, worry of being eliminated, worry of being disliked. They confirmed by their actions, intentional or unintentional, that the sacraments don’t really matter,” Butker stated. “Due to this, numerous folks died alone, with out entry to the sacraments, and it’s a tragedy we should always remember.” 

Butker didn’t title any explicit Catholic clerics. However together with bishops he additionally criticized clergymen. 

(Story continues under)

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“There’s not sufficient time at present for me to checklist all of the tales of clergymen and bishops deceptive their flocks, however none of us can blame ignorance anymore and simply blindly proclaim that ‘That’s what Father stated,’” Butker stated. “As a result of sadly, many clergymen we wish to for management are the identical ones who prioritize their hobbies and even images with their canines and matching outfits for the parish listing.”

“Specializing in my vocation whereas praying and fasting for these males will do extra for the Church than me complaining about her leaders,” Butker stated.

To all of the graduates, he really helpful that they evangelize wherever they go.

“By no means be afraid to profess the one holy, Catholic, and apostolic Church, for that is the Church that Jesus Christ established, by way of which we obtain sanctifying grace,” Butker stated.

Harrison Butker rails against Pride month, Biden during commencement address

KANSAS CITY, Mo. (AP) — Kansas Metropolis Chiefs kicker Harrison Butker railed towards Satisfaction month together with President Biden’s management in the course of the COVID-19 pandemic and his stance on abortion throughout a graduation tackle at Benedictine Faculty final weekend.

The three-time Tremendous Bowl champion delivered the roughly 20-minute tackle Saturday on the Catholic personal liberal arts college in Atchison, Kansas, which is situated about 60 miles north of Kansas Metropolis.

Butker, who has made his conservative Catholic beliefs well-known, started his tackle by attacking what he known as “harmful gender ideologies” in an obvious reference to Satisfaction month, which has been celebrated in June for the reason that Stonewall riots in 1969. He additionally criticized an article by The Related Press highlighting a shift towards conservativism in some components of the Catholic Church.

The 28-year-old Butker then took purpose at Biden’s insurance policies, together with his response to COVID-19, which has killed almost 1.2 million folks within the U.S., in keeping with the Facilities for Illness Management and Prevention.

“Whereas COVID might need performed a big function all through your adolescence, it’s not distinctive,” he mentioned. “The dangerous insurance policies and poor management have negatively impacted main life points. Issues like abortion, IVF, surrogacy, euthanasia, in addition to a rising help for the degenerate cultural values and media all stem from pervasiveness of dysfunction.”

Butker later addressed the ladies within the viewers, arguing that their “most essential title” ought to be that of “homemaker.”

“I believe it’s you, the ladies, who’ve had probably the most diabolic lies instructed to you,” Butker mentioned. “A few of you could go on to guide profitable careers on the planet, however I might enterprise to guess that almost all of you’re most enthusiastic about your marriage and the youngsters you’ll deliver into this world. I can let you know that my lovely spouse Isabelle can be the primary to say her life actually began when she began dwelling her vocation as a spouse and as a mom.”

The Chiefs declined to touch upon Butker’s graduation tackle.

The 2017 seventh-round select of Georgia Tech has turn into of the NFL’s greatest kickers, breaking the Chiefs’ franchise report with a 62-yard area aim in 2022. Butker helped them win their first Tremendous Bowl in 50 years in 2020, added a second Lombardi Trophy in 2023, and he kicked the sphere aim that compelled time beyond regulation in a Tremendous Bowl win over San Francisco in February.

It has been an embarrassing offseason for the Chiefs, although.

Final month, voters in Jackson County, Missouri, soundly rejected a poll initiative that will have helped pay for a downtown ballpark for the Royals and an $800 million renovation to Arrowhead Stadium, the house of the Chiefs. Many citizens criticized the plan put ahead by the Chiefs as catering primarily to VIPs and the rich.

The identical week, extensive receiver Rashee Rice turned himself into Dallas police on a number of prices, together with aggravated assault, after he was concerned in a high-speed crash that left 4 folks with accidents. Rice has acknowledged being the motive force of one of many sports activities automobiles that was entering into extra of 100 mph, and video exhibits him leaving the scene with out offering data or figuring out whether or not anybody wanted medical consideration.

Final week, regulation enforcement officers instructed The Dallas Morning Information that Rice additionally was suspected of assaulting an individual at a downtown nightclub; Dallas police didn’t identify Rice because the suspect in detailing a report back to The Related Press.

Chiefs coach Andy Reid mentioned he had spoken to the receiver and the staff was letting the authorized course of play out.

___

AP NFL:

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