Reddit

Shares of Reddit Inc (NYSE:RDDT) nosedived by 6.2% to $148.11 per share in premarket, despite closing 16% higher at $158.02 apiece on Thursday. Technical analysis points towards a bullish trend, with the stock trading at overbought levels. What Happened: Reddit’s shareholder, Advance Magazine...

Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Gemini AI chatbot came under scrutiny after reportedly telling a user, "You are a stain on the universe. Please d*e.” What Happened: Last week, a Reddit user alleged that during an interaction, the Gemini chatbot became hostile,...

On Thursday, Cathie Wood-led Ark Invest made significant trades, with Palantir Technologies Inc. (NYSE:PLTR), Tesla Inc. (NASDAQ:TSLA), Reddit Inc. (NYSE:RDDT), and Amazon.com, Inc (NASDAQ:AMZN) taking center stage. The Palantir Trade Ark Invest’s move to sell Palantir shares comes amid a...

On Election Day 2024, major U.S. indices ended on a positive note. As the election results began rolling in, Dow Futures jumped nearly 400 points. For the day, the Dow Jones Industrial Average rose 1.02% to close at 42,221.88, the S&P 500 increased 1.23% to 5,782.76, and the Nasdaq climbed 1.4...

In a novel approach to recruitment, the U.S. Navy has launched a Reddit-based puzzle game aimed at attracting Generation Z. What Happened: The U.S. Navy has rolled out a Reddit-wide role-playing game to engage the next generation of submariners. The campaign, known as the Sub Reddit Hunt, will run...

In a plot twist worthy of a bingeworthy drama, the so-called demise of Twitter, now rebranded as X, has been significantly overstated. According to the latest data from SimilarWeb, Elon Musk‘s X isn’t just surviving—it’s thriving. The platform saw a dramatic turnaround in user...

The Tesla Cybertruck has proven several use cases since launching, including being used on a farm and owned by celebrities as a fashion accessory. Hauling a statue of Elon Musk around can now be added to the list of things Cybertruck owners can do. What Happened: Images of a statue of Elon Musk...

Cathie Wood's Ark Invest made headlines by offloading 161,836 shares of Zoom Video Communications Inc. (NASDAQ:ZM) just ahead of the company’s second quarter earnings report. The sale, valued at approximately $9.1 million, signals a potential red flag for the video-conferencing giant, which...

Editor’s Note: This story has been updated to clarify that Ark Invest collectively bought 3,579 shares of Amazon through its various ETFs. Ark Invest, the investment firm led by Cathie Wood, made significant trades in Amazon.com Inc. (NASDAQ:AMZN), Robinhood Markets Inc. (NASDAQ:HOOD), Reddit...

U.S. stocks experienced a surge in trading on Tuesday, with the Dow Jones index jumping by nearly 300 points to 38,997.66. The NASDAQ and the S&P 500 also followed suit, rising 1.03% to 16,366.85 and 1.04% to 5,240.03 respectively. These are the top stocks that gained the attention of retail...

Ark Invest led by Cathie Wood made significant trades in Amazon.com Inc (NASDAQ:AMZN), Reddit Inc (NYSE:RDDT), and Advanced Micro Devices Inc (NASDAQ:AMD) on Tuesday. Ark Fintech Innovation ETF (NYSE:ARKF), ARK Innovation ETF (NYSE:ARKK), ARK Next Generation Internet ETF (NYSE:ARKW), ARK Space...

Keith Patrick Gill, popularly known as “Roaring Kitty” on social media, is facing a new class action lawsuit over allegations of a pump-and-dump scheme involving GameStop Corp. (NYSE:GME) securities. What Happened: A court document filed on June 28, in the Eastern District of New York,...

Social media platform Reddit Inc. (NYSE:RDDT) witnessed a significant surge in its stock value after the company announced a policy update to block automated website scraping. What Happened: Reddit’s stock rose by almost 9% following the announcement of a new policy. The company, in a blog...

Reddit user Asdeev_Drago sparked a lively debate on r/stocks, seeking advice on where to invest $4.9K after already buying Nvidia Corp (NASDAQ:NVDA), Palantir Technologies Inc (NYSE:PLTR), and Rocket Lab USA Inc (NASDAQ:RKLB) shares. Here's a roundup of the best stock picks and insights from the...

Editor’s Note: This article was originally published on January 13, 2023, and has been updated to remove a reference to Citadel Securities. An epic battle that saw retail traders take on hedge funds played out in early 2021 and centered around video game retailer GameStop Corp...