2024-07-01 14:03:09 ET
Summary
- Keith Gill discloses $245 million position in Chewy. Gill facing securities fraud claims for alleged pump-and-dump scheme with GameStop shares.
- Chinese EV makers NIO, Li Auto, and XPeng report significant Y/Y delivery increases in June.
- Megacap AI stocks face a valuation test this earnings season, Goldman says.
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Keith Gill discloses 6.6% stake in Chewy and is named in pump-and-dump class action . (0:15) Manufacturing activity contracts again. (2:20) Tech industry turns to nuclear for AI power demands. (4:40)...
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Wall Street Lunch: Roaring Kitty Bets On Chewy, Faces Lawsuit