Shares of Krispy Kreme , GoPro and a few other highly shorted U.S. companies jumped before the bell on Wednesday, with their names trending on social media forums a day after retail traders piled into department store company Kohl's.

While the announcement was cause for optimism ahead of Aug. 1, analysts remained concerned about the steep tariffs still looming for key trading partners such as Brazil and the EU.

Short squeezes have been a key piece of the stock market rally as short sellers have lost just shy of $355 billion since the market bottom on April 8, according to data from S3 Partners.

Kohl's has faced tepid sales growth as it struggles to attract budget-conscious shoppers still hurting from elevated inflation. In May the retail chain, which has roughly 1,100 stores around the U.S., reported a fiscal first-quarter loss of $15 million and that net sales fell more than 4% from the year-ago period.

BigBear.ai Holdings, Inc.’s growth in AI defense and international expansion is promising, but profitability is uncertain. Click for more on BBAI ahead of earnings.

The PCH Day of Action Saturday was hosted by Indivisible CA 47, which aims to keep Congressional District 47 led by Democrats and hopes to flip GOP seats from red to blue in upcoming elections.

Retail investors are largely behind the stock market reaching new records, buying $50 billion in stocks in the last month alone, Barclays estimated.

Speakers will provide fresh updates on ICE arrests in Western New York’s rural counties south of Rochester, rally organizers said.

Protesters rallied on the fifth anniversary of John Lewis' death to honor his legacy and denounce the Trump administration's rollback of civil and human rights.

The stock market has been making fresh records, but there are risks building, including AI disappointment and a potentially weaker job market, HSBC said.