Degen Traders Take on Wall Street

Published: June 11, 2024, 10:12 a.m.

A.M. Edition for June 11. Risky trades are roaring in popularity, driven by amateur investors piling into meme stocks and long-shot bets. The WSJ\u2019s Hannah Miao says these self-proclaimed degenerate traders have Wall Street paying attention. Plus, derivatives regulator Christy Goldsmith Romero emerges as the White House\u2019s top pick to head the FDIC. And, one prison in Brazil trades guard dogs for geese\u2014with great success. Luke Vargas hosts.\n\n\n\nSign up for the WSJ's free What's News newsletter.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices