Memestocks are Spreading

This week: Retail investors usually stick to the stock market, but many are rushing to make bets on oil futures. Felix Salmon , Elizabeth Spiers , and Emily Peck discuss Emily’s piece about “dumb money” moving into more sophisticated trading markets —thanks to new crypto-driven platforms—and what’s motivating the trend. Then, the hosts examine Bill Ackman’s grand plan to take over Universal Music Group, and explain the difference in how his SPARC differs from a SPAC. Finally, the hosts delve into the New York Times’ quest to uncover the mysterious creator of Bitcoin , the pseudonymous Satoshi Nakamoto, and argue over the investigation’s conclusion. In the Slate Plus episode: Do men suck at grocery shopping? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can

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Memestocks are Spreading is an episode from Slate Money by Slate Podcasts.

This episode is 50:45 long.

This episode was published on Apr 11, 2026.

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