Meme Stock Mania: GameStop skyrockets 60%, AMC surges 32% - But can the craze be sustained?

GameStop, the original meme stock, experienced a dramatic surge this week. Its stock price soared by 60.1% on Tuesday. Other pandemic-era meme stocks also saw significant jumps, with AMC Entertainment's stock increasing by 32% on Tuesday.

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Gamestop Stock — GameStop in 2021 put securities markets' capacity and resilience to a test. Photo culled from International Banker

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India’s political troubles explained

Rahul Gandhi calls out the ECI for “vote theft,” but the Commission demands proof or apology.

On August 7, 2025, Congress Leader Rahul Gandhi launched a scathing attack on the Election Commission of India (ECI), accusing it of enabling “vote theft” during the 2024 general elections. He pointed to alleged irregularities in voter rolls in Karnataka’s Mahadevapura constituency, citing thousands of duplicate entries, invalid addresses, bulk registrations, and faulty photographs. Gandhi labelled the claims as the result of six months of research by his team and demanded transparency, including access to digital voter lists and CCTV footage.

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