Aug 01, 2025

I recently heard that the meme-stock frenzy is losing momentum, with daily turnover for many meme stocks dropping significantly. Vanda Research suggests that the focus on major tech companies’ earnings reports has diverted attention away from meme stocks. The research indicates that retail investors, who have been driving the market rebound, may need to take a step back for institutional investors to play a more significant role in sustaining the rally.

In other news, Figma has successfully launched its IPO, raising $1.2 billion with shares priced at $33 each, resulting in a market value close to $19.3 billion. KKR acquired a majority stake in HealthCare Royalty Partners, emphasizing its interest in the healthcare sector and commitment to diversification. The Federal Reserve’s policy is impacting the economy, with inflation under control and recent developments in insider trading in NFTs and fraudulent activities in a tech company raising legal and ethical concerns.

Harvard University is exploring new revenue streams through executive education programs, attracting business professionals seeking to enhance their skills and resumes. The university’s approach to monetizing its brand while maintaining its reputation was highlighted, showcasing the balance between financial gain and brand integrity. The evolving landscape of education programs highlights the importance of adapting to meet the changing market needs amidst financial challenges faced by universities.

Stay Well!