From Yahoo Finance: 2025-03-31 09:22:00

GameStop announces plans to buy bitcoin to diversify cash reserves, sparking interest among traders. Ritholtz Wealth Management co-founder Barry Ritholtz warns against meme stock frenzy, citing low probability of striking it rich. GameStop, a struggling retailer, continues to attract attention despite dismal financial performance. Meme stock craze led by apps like Robinhood sees GameStop shares spike in early 2021. Ritholtz advises caution in meme stock investing, highlighting the risks and pitfalls of chasing quick riches. GameStop’s stock currently trades at $21.73, down 30% year to date. 1. The stock market saw a significant increase today, with the Dow Jones Industrial Average rising by 300 points. This surge was attributed to positive economic data and strong earnings reports from major companies.

2. A new study has found that the COVID-19 vaccine is highly effective in preventing hospitalizations and deaths. The research, which analyzed data from over 100,000 patients, showed that the vaccine reduced the risk of severe illness by 95%.

3. The United Nations has called for an immediate ceasefire in the conflict between Israel and Palestine. The violence, which has resulted in hundreds of deaths and widespread destruction, has sparked international concern and calls for peace negotiations.

4. Tesla has announced plans to open a new manufacturing plant in Texas. The facility, which will produce electric vehicles and batteries, is expected to create thousands of jobs in the region and further solidify Tesla’s position as a leader in the sustainable energy industry.

Read more: Why meme stocks like GameStop could cause you headaches