
Stock Movers GoPro Soars, Morgan Stanley Up, Texas Instruments Falls After Earnings Forecast
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Jul 23, 2025 Discover the wild world of meme stocks as GoPro's shares soar, fueled by social media buzz and short squeezes. Morgan Stanley faces scrutiny amid investigations into its client vetting practices, raising eyebrows in the financial sector. Meanwhile, Texas Instruments sees a sharp decline after issuing a cautious earnings forecast, with analysts questioning the sustainability of recent revenue gains amid ongoing trade disputes. Dive into the rollercoaster ride of market reactions and investor sentiment!
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Meme Stock Resurgence Dynamics
- Meme stocks are rising again, driven by amateur traders chasing quick profits.
- Social media buzz, short squeezes, and technical breakouts fuel these gains despite weak fundamentals.
Morgan Stanley Money Laundering Probe
- Morgan Stanley is under investigation by the Financial Industry Regulatory Authority for client vetting deficiencies tied to money laundering risks.
- The probe covers practices from October 2021 through September 2024, highlighting regulatory focus on wealth management compliance.
Money Laundering Audits Anecdote
- Isabelle Lee shared from her brokerage audit days that half of their time was spent on money laundering investigations.
- Despite increased controls, firms still face ongoing scrutiny for anti-money laundering practices.
