Luke Kawa

In this engaging discussion, Luke Kawa, former Bloomberg News markets editor and expert on WallStreetBets, breaks down the recent surge in GameStop's stock driven by social media buzz. He compares this wave of meme stock mania to the frenzy of 2021, exploring the power of retail investors and the impact of key influencers like Roaring Kitty. Kawa also dives into how the narrative around speculative trading is evolving, linking meme stocks with trends in crypto and sports betting. Get insights into the shifting dynamics of the market!

Join Luke Kawa, a Bloomberg News reporter focusing on the WallStreetBets subreddit, and Jaime Rogozinski, its founder, as they dive into how this online community has transformed trading dynamics. They discuss the influence of social media on market volatility, explore the unique culture of WallStreetBets, and compare it to previous trading eras. Kawa and Rogozinski also reveal how platforms like Robinhood have democratized investment, fueling ambitious strategies among inexperienced traders while challenging traditional finance norms.