{"$schema": "https://iptc.org/std/ninjs/ninjs-schema_3.2.json", "uri": "urn:newsml:wireva.mib.news:item:ab28370b-2b9d-422a-8558-27b0bfe07f60", "type": "text", "profile": "standard", "version": "1", "versioncreated": "2026-09-15T15:02:17.852544Z", "firstcreated": "2026-09-15T15:01:04.615589Z", "pubstatus": "usable", "urgency": 5, "language": "en", "headline": "Retail Investors Now Drive Over 20% of U.S. Stock Trading as Speculation Becomes Identity", "byline": "Gavin Kendall", "located": "United States", "copyrightholder": "Haydamax OÜ", "copyrightnotice": "Wireva / Cronkite", "usageterms": "Monitoring item. Headline, short extract and the source link may be shown. Do not republish the full text.", "description_text": "Ordinary investors account for more than a fifth of U.S. stock market activity, roughly double the level of a decade ago, as speculation increasingly functions as a form of personal and political identity. The SpaceX IPO, which made Elon Musk the world's first trillionaire despite the company's heavy cash burn, illustrates how sentiment can override financial fundamentals.", "altids": {"mosaic": "ab28370b-2b9d-422a-8558-27b0bfe07f60", "story": "793c4a42-0172-45c2-b147-40e05aeed899", "slug": "retail-investors-now-drive-over-20-of-u-s-stock-trading-as-speculation-becomes-identity"}, "subject": [{"name": "Economy and business", "rel": "direct", "literal": "economy", "code": "medtop:04000000", "scheme": "http://cv.iptc.org/newscodes/mediatopic/", "uri": "http://cv.iptc.org/newscodes/mediatopic/04000000"}], "place": [{"name": "United States", "literal": "us", "code": "US", "scheme": "http://cv.iptc.org/newscodes/countrycodes/"}], "person": [], "organisation": [], "genre": [{"name": "Standard story", "literal": "standard"}], "service": [{"name": "Wireva", "literal": "wireva"}], "body_text": "Ordinary investors account for more than a fifth of U.S. stock market activity, roughly double the level of a decade ago, as speculation increasingly functions as a form of personal and political identity. The SpaceX IPO, which made Elon Musk the world's first trillionaire despit", "extra_body_note": "Extract only — see rights.class = link_only.", "associations": {"featuremedia": {"uri": "urn:newsml:wireva.mib.news:media:d9fbd0dc-5352-417a-a5d4-efe75496f705", "type": "picture", "version": "1", "pubstatus": "usable", "headline": "America’s Investing Identity Crisis", "description_text": "Retail Investors Now Drive Over 20% of U.S. Stock Trading as Speculation Becomes Identity", "copyrightholder": "static.time.com", "copyrightnotice": "America’s Investing Identity Crisis", "usageterms": "Picture belongs to the source publication: address and terms are delivered, the file is not.", "altids": {"wireva": "d9fbd0dc-5352-417a-a5d4-efe75496f705"}, "extra": {"wireva:delivery_mode": "link_only", "wireva:rights": {"licence": "", "licence_url": "", "licence_raw": "RSS source", "licence_verified_at": "2026-09-15T15:02:17.879371Z", "attribution_required": true, "attribution_text": "America’s Investing Identity Crisis", "redistribution_allowed": false, "commercial_use_allowed": false, "modifications_allowed": false, "share_alike_required": false}, "wireva:provenance": {"creator": "", "source_name": "static.time.com", "source_url": "https://static.time.com/v3/assets/bltea6093859af6183b/blt8e8848d962cfe792/6aa9525fef556f8c9ac2a47e/America-Investing-Identity-Crisis.jpg?branch=production", "source_page_url": "https://static.time.com/v3/assets/bltea6093859af6183b/blt8e8848d962cfe792/6aa9525fef556f8c9ac2a47e/America-Investing-Identity-Crisis.jpg?branch=production", "our_page_url": "https://cronkite.online/business/retail-investors-now-drive-over-20-of-u-s-stock-trading-as-speculation-becomes-identity/"}, "wireva:role": "lead"}, "renditions": {"source": {"href": "https://static.time.com/v3/assets/bltea6093859af6183b/blt8e8848d962cfe792/6aa9525fef556f8c9ac2a47e/America-Investing-Identity-Crisis.jpg?branch=production", "mimetype": "image/jpeg"}}}}, "extra": {"wireva:story": {"uri": "urn:newsml:wireva.mib.news:story:793c4a42-0172-45c2-b147-40e05aeed899", "slug": "new-picture-book-tells-a-grandmothers-journey-from-cantonese-opera-to-canada-20260915", "status": "updated", "languages": ["de", "en", "es", "fr", "it", "pl", "sv", "uk"], "item_count": 20, "is_breaking": false}, "wireva:rights": {"class": "link_only", "redistribution_allowed": false, "commercial_use_allowed": false, "modifications_allowed": true, "share_alike_required": false, "attribution_required": true, "attribution_text": "Wireva / Cronkite", "canonical_required": true, "canonical_url": "https://cronkite.online/business/retail-investors-now-drive-over-20-of-u-s-stock-trading-as-speculation-becomes-identity/", "linkback_required": true, "licence": "", "licence_url": "", "licensor": "Haydamax OÜ", "valid_until": null, "excerpt_max_chars": 280, "decided_by_rule": "derivation_failed", "needs_review": true}, "wireva:provenance": {"production_method": "automated", "ai_stages": {"editing": true, "drafting": true, "headline": true, "discovery": true, "classification": true, "image_selection": true, "source_collection": true, "cross_source_comparison": true}, "model": "", "human_reviewed": false, "reviewed_by": "", "reviewed_at": null, "editorial_control": true, "editorial_responsibility": "Haydamax OÜ (Wireva)", "factchecked": false, "verification_status": "multi_source", "independent_confirmations": 2, "official_source_used": false, "used_press_release": false, "public_interest": true, "ai_disclosure_required": true, "ai_disclosure_text": "This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.", "independence_check": {"status": "failed", "score": 0.709, "checked_at": "2026-09-15T15:02:17.875054Z"}}, "wireva:publication": {"name": "Cronkite", "domain": "cronkite.online", "country": "US", "url": "https://cronkite.online/business/retail-investors-now-drive-over-20-of-u-s-stock-trading-as-speculation-becomes-identity/"}, "wireva:links": {"self": "https://wireva.mib.news/api/v1/items/ab28370b-2b9d-422a-8558-27b0bfe07f60", "html": "https://wireva.mib.news/item/ab28370b-2b9d-422a-8558-27b0bfe07f60/retail-investors-now-drive-over-20-of-u-s-stock-trading-as-speculation-becomes-identity/", "story": "https://wireva.mib.news/story/new-picture-book-tells-a-grandmothers-journey-from-cantonese-opera-to-canada-20260915/"}, "wireva:metrics": {"word_count": 752, "char_count": 4856, "reading_time_seconds": 347}}}