Meme traders shift focus to GoPro and Krispy Kreme, boosting shares by 63% and 33% in premarket trading. WallStreetBets influences surge in speculative activity, with both stocks heavily discussed. Market sees record-setting rally as investors find relief in better-than-feared tariff headlines, pushing S&P 500 to new highs amidst strong economic data.

Read more at CNBC: GoPro, Krispy Kreme join the meme party as Wall Street speculation ramps up