It's not Buffett's most famous investment, but it could pack a punch for your portfolio.
On Friday, GameStop Corporation (NYSE: GME) failed to show signs of an operational turnaround as it delivered its fiscal first quarter results earlier than expected, previously saying they will be issued on June 11thafter market close. The unexpected and dismal results only hours before meme-stock influencer Keith Gill, better known under an alias “Roaring Kitty”, held its first livestream in three years after helping ignite a meme stock rally, to which more than half a million viewers tuned in.
These companies have powerful positions in tech and could deliver major gains from AI as the market develops.