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GameStop shares climbed nearly 50% Thursday after Keith Gill, the meme investor kingpin known as Roaring Kitty, signaled he would return for his first public live stream in nearly four years.

A listing on the Roaring Kitty YouTube page said the live stream is scheduled for Friday at 12 pm ET. In a sign of the channels popularity, more than 13,000 viewers were already waiting in the video feeds live chat as of Thursday afternoon.

Gill used the platform to detail the reasoning behind his infamous GameStop bet, which kicked off the so-called meme stock rally of 2021 as retail investors attempted to squeeze institutional investors who were betting against the company.

GameStop shares closed at $46.55, up 47%. The stock is up 165% since the start of the year.

While Gill has not indicated what he will discuss on stream, investors will be anxiously awaiting answers on his mysterious return to the public eye and the details of his latest bet on the company.

Roaring Kitty sparked a renewed frenzy among retail investors last month after he began posting a series of memes on his long-dormant X account. The memes sparked speculation that Gill, who hadnt posted anything online in several years, was making a comeback.

GameStop, movie theater chain AMC and other so-called meme stocks all soared following Gills return though the rally has since fizzled.

The chaos intensified this week when Gill posted a screenshot indicating that his portfolio on E*Trade includes 5 million shares of GameStop common shares and 120,000 call options. The position is worth at least $200 million, according to CNBC.

E*Trade has considered kicking Gill off the platform due to internal concerns about potential market manipulation, the Wall Street Journal reported, citing people familiar with the matter.

Executives at the platform were said to be considering whether it was worth removing Gill and risk angering his legions of online followers. So far, no decision has been made.

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Hungary bans Irish rap group Kneecap from entering country over ‘antisemitic hate speech’

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Hungary bans Irish rap group Kneecap from entering country over 'antisemitic hate speech'

Hungarian authorities have banned the Irish rap group Kneecap from entering the country, accusing them of engaging in “antisemitic hate speech” and “supporting terrorism”. 

Kneecap were set to perform at the Sziget Festival, taking place from 6 to 11 August in Budapest.

The Belfast-based band, which often shares pro-Palestinian messages during its shows, has attracted controversy in recent months after accusing the Israeli government of committing “genocide” in Gaza.

Hungarian government spokesman Zoltan Kovacs said on Thursday that the band’s members “repeatedly engage in antisemitic hate speech supporting terrorism and terrorist groups”.

“Hungary has zero tolerance for antisemitism in any form,” Kovacs said on X, adding that the band’s planned performance “posed a national security threat,” and the band has therefore been formally banned from entering Hungary for three years.

“If they enter, expulsion will follow under international norms,” Kovacs added.

Kneecap performing on the West Holts Stage during the Glastonbury Festival. Pic: Reuters
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Kneecap performing during the Glastonbury Festival in June. Pic: Reuters

Responding to the spokesman’s comments, Kneecap said “there is no legal basis” for Hungary’s decision and that “no member of Kneecap has ever been convicted of any crime in any country”.

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“It is clear that this is a political distraction and a further attempt to silence those who call out genocide against the Palestinian people,” the band said in a statement on X.

During Kneecap’s gig at Britain’s Glastonbury Festival in June, frontman Liam Óg Ó hAnnaidh, performing under the stage name Mo Chara, accused Israel of war crimes in Gaza.

Ahead of the gig, Prime Minister Keir Starmer said he doesn’t think Kneecap’s planned performance was “appropriate”.

Moglai Bap and Mo Chara of Kneecap perform at Glastonbury. Pic: Reuters
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Moglai Bap and Mo Chara of Kneecap perform at Glastonbury. Pic: Reuters

Following Kneecap’s performance at Glastonbury, a criminal investigation was launched into comments made on stage by the trio. However, police ultimately decided not to pursue further action, citing “insufficient evidence to provide a realistic prospect of conviction for any offence”.

Kneecap called the investigation “political policing intimidation”.

Mo Chara has been formally charged with a terrorism offence after allegedly displaying a flag in support of the militant group Hezbollah during a gig in November. He denies the offence.

Hezbollah is designated as a terrorist organisation by the UK and the US.

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Business

Lloyds Bank’s Charlie Nunn expects two more interest rate cuts in 2025

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Lloyds Bank's Charlie Nunn expects two more interest rate cuts in 2025

The head of the UK’s biggest mortgage lender has said he expects two more interest rate cuts this year, making borrowing cheaper.

Chief executive of Lloyds Banking Group Charlie Nunn told Sky News he expected the Bank of England to make the cuts two more times before 2026, likely bringing the base interest rate to 3.75%.

Two cuts are currently anticipated by investors, the first of which is due to be a 0.25 percentage point reduction next month.

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The banking group owns Halifax and Bank of Scotland, making it the biggest provider of mortgages.

Mr Nunn also forecast house price growth of between 2 and 3%.

“We helped 34,000 first-time buyers in the first half [of the year] alone, 64,000 last year. And of course, it was driven by the stamp duty changes in Q1 [the first three months of the year]. So Q2 [the second three months] was a bit slower, but we continue to see real strength in customers wanting to buy homes and take mortgages. So we think that will continue,” he said.

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Expect two more rate cuts this year, says Lloyds boss

It comes as the bank reported higher profits than City of London analysts had expected.

Half-yearly profit at the lender reached £3.5bn as people borrowed and deposited more.

The bank has benefited from high interest rates, set at 4.25% by the Bank of England to control inflation, which have made borrowing more expensive for households and businesses.

Over the last six months, the difference between what Lloyds earns on loans and what it pays out rose.

Mr Nunn told Sky News the profits were due to increased market share in mortgages and small business lending, as well as productivity improvements.

Despite this, Mr Nunn warned the chancellor against raising taxes on financial services, saying it was one of the highest taxed in the world.

Chancellor Rachel Reeves is expected to announce tax rises in the autumn as her vow to bring down debt has come under pressure due to the rising cost of borrowing and government spending U-turns.

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World

Inside Gaza’s Nasser Hospital – where there’s virtually no food for malnourished children

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Inside Gaza's Nasser Hospital - where there's virtually no food for malnourished children

In Nasser Hospital in southern Gaza, they have virtually nothing left to eat.

Warning: This article contains images that some readers may find distressing.

Huda has lost half her body weight since March, when Israel shut the crossings into Gaza, and imposed a blockade.

The 12-year-old girl knows she doesn’t look well.

“Before, I used to look like this,” Huda says, pointing to a picture on her tablet.

“The war changed me. Malnutrition has turned my hair yellow because I lack protein. You see here, this is how I was before the war.”

Her mother says her needs are simple: fresh fruit and vegetables, fish, maybe a little meat – but she won’t find it here.

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Huda can only wish for a brighter future now.

“Can you help me travel abroad for treatment? I want to be like you. I’m a child. I want to play and be like you,” she says.

Huda on her hospital bed
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Huda wishes for a brighter future

A children's ward in Nasser Hospital

Amir’s story

Three-year-old Amir was sitting in a tent together with his mother, father and his grandparents when it was hit by projectiles.

Medical staff carried out surgery on his intestines and were able to stop the bleeding – but they can’t feed him properly.

Instead, he’s given dextrose, a mixture of sugar and water which has no nutritional value.

Amir in hospital in Gaza
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Amir’s mother and siblings were killed in an attack that also left his father ‘in a terrible state’

Medical staff reassembled Amir's intestines
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Medical staff performed surgery on three-year-old Amir – but can’t feed him properly


Amir’s mother and his siblings were all killed in the attack and his father is no longer able to speak.

“His father is in a terrible state and won’t accept the reality. What did these children do? Tell me, what was their crime?” Amir’s aunt says.

The desperate scenes of hungry children in Gaza have not been caused by scarcity.

There’s plenty of food waiting at the crossings or held in warehouses within the territory. Israel claims the United Nations is failing to distribute it.

Pictures of Amir before
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Amir’s relative holds pictures of the toddler and his family before the war

Both Israel and the US have taken charge of the food distribution, with the UN’s hundreds of aid centres shut.

Instead, the UN tries to organise convoys but says it can’t obtain the necessary permits – and faces draconian restrictions on aid.

Sometimes food is made available at communal kitchens called ‘tikiya’.

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Malnourished girl: ‘The war changed me’

‘I want life to be how it was’

Everyone is desperate for whatever they can get – and many leave with nothing.

“It’s been two months since we’ve eaten bread,” one young girl says. “There’s no food, there’s no nutrition. I want life to go back to how it was, I want meat and flour to come in. I want the end of the tikiya.”

Read more:
Gazan doctor held in ‘inhumane’ conditions
Starvation ‘knocking on every door’ in Gaza

People wait at a soup kitchen

Dr Adil Husain, an American doctor who spent two weeks at Nasser Hospital, treated a three-year-old called Hasan while he was there.

Weighing just 6kg, Hasan should be 15kg at his age.

“He needs special feeds, and these feeds are literally miles away. They’re literally right there at the border, but it’s being blockaded by the forces, they’re not letting them in, so it’s intentional and deliberate starvation,” Dr Husain tells me.

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Hasan died two days after Dr Husain examined him.

“It’s just so distressing that this is something man-made, this is a man-made starvation, this is a man-made crisis,” he says.

Israel says it has not identified starvation, but this feels like a situation that is entirely preventable.

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