5 things to know before the Thursday open: Meme stock revival, Trump's Fed visit, Uber's gender feature

• Meme stocks have made a resurgence.
• Investors parsed Tesla and Alphabet earnings.
• President Donald Trump will visit the Federal Reserve on Thursday.

1. Welcome back, 2021

It's safe to say that meme stocks have made a resurgence. Wednesday's session brought another pair of consumer-friendly names into the fold: Mountable camera maker GoPro surged more than 12%, while donut maker Krispy Kreme's shares ended the volatile session more than 4% higher. These stocks, like other meme-y names that have emerged this week, share a few qualities. They tend to have high short interest and drum up some interest on the Wall Street Bets Reddit page, and most also have built-in name-brand recognition. Stocks trading around all-time highs also helps give these speculative trades oxygen. Of course, the eye-popping intraday moves for these names seem to be more about vibes than business fundamentals. CNBC Pro subscribers have exclusive access to a special screener for what names could be on deck in the meme stock revival.

2. Big Tech's diverging earnings

The action didn't end with Wednesday's closing bell. Investors turned attention to Tesla and Alphabet earnings as the first megacap tech stocks to report this season. Tesla, which has underperformed other Big Tech names this year, missed analyst expectations on both lines. Google-parent Alphabet, on the other hand, beat Wall Street expectations and hiked up its guidance for spending. These reports come during a busy week for earnings. Follow live market moves here.

3. Take it to the bank

President Donald Trump will visit the Federal Reserve on Thursday at 4 p.m. ET, according to the White House. This marks the latest escalation of Trump's tensions with central bank chair Jerome Powell, whom the president has chastised for a lack of downward movement on interest rates. Additionally, it will be the first time in nearly two decades that a U.S. president has made an official trip to the central bank, which is known for its political independence. Trump's visit comes ahead of the Fed's policy meeting scheduled for next week, though Fed funds futures are predicting a more than 97% likelihood of the central bank once again holding rates steady, according to CME's FedWatch tool.

4. Mark up

Trump trumpeted his trade agreement with Japan on his Truth Social platform, calling it “massive” and “perhaps the largest Deal ever made.” Online, Trump said there would be a 15% “reciprocal” tariff and that Japan would invest $550 billion into the U.S. But an analysis from CNBC of a photo posted by the White House's deputy chief of staff shows there were some last-minute edits and discrepancies. For one, the board apparently containing details of the plan showed a figure crossed out with another, larger number added above. The plan for tariffs also appeared more nuanced than what Trump announced. The White House did not comment on the contents of the picture.