Reddit

Reddit, Inc.‘s (NASDAQ:RDDT) IPO rekindled memories of the GameStop short squeeze which originated in Reddit’s WallStreetBets forum, and the infamous subreddit has been in the spotlight as Reddit shares began trading.  Before the stock opened on Thursday, Reddit CEO Steve Huffman...

Airbus SE (OTCPK: EADSF) (OTCPK: EADSY) made significant strides in the aviation market by clinching orders for 65 jets from two of Boeing Co‘s (NYSE:BA) key Asian customers, dealing a blow to its struggling American rival amidst a sprawling manufacturing crisis. Airbus clinched orders for...

In a strategic move, Alexis Ohanian, the co-founder of Reddit, is setting his sights on the burgeoning U.S.-Japan chip sector through his venture capital firm Seven Seven Six. What Happened: Ohanian is targeting tech investments in Japan, with a keen focus on reinforcing the U.S.-Japan chip...

Thursday witnessed a positive trend in U.S. stocks as the Dow Jones Industrial Average concluded 0.7% higher at 39,781.37, while the S&P500 saw a 0.3% increase, reaching 5,241.53. Similarly, the Nasdaq, known for its tech focus, also ended on a positive note, rising by 0.2% to settle at 16,401....

Reddit‘s (NYSE:RDDT) co-founder Alexis Ohanian and early investors are embroiled in a public dispute on the company’s IPO day. What Happened: Despite the norm of IPO days being celebratory, Ohanian took to social media platform X, formerly known as Twitter, to express his displeasure...

Social media company Reddit Inc (NYSE:RDDT), currently trading as much as 70% above its initial public offering (IPO), has something in common with one of the hottest stocks of the last two years. Like NVIDIA Corporation (NASDAQ:NVDA), Reddit was founded thanks to a restaurant. Reddit Epiphany:...

As the most eagerly anticipated initial public offering so far this year, shares in Reddit Inc. (NYSE:RDDT) got off to a blistering start, adding 62% to the $34 IPO price to trade at $55 in opening exchanges. It was a milestone moment for the 19-year old social media platform, founded by Steve...

Wedbush's Dan Ives thinks that the upcoming Reddit Inc. IPO has the potential to be a "watershed" moment for the tech industry. What Happened: Ives said the Reddit IPO is primarily about the engagement on the platform and its potential for advertising as well as the data it generates to train AI...

In a post echoing their triumphant Nvidia Corp. (NASDAQ:NVDA) prediction, Reddit user 1ncehost turns to Advanced Micro Devices Inc (NASDAQ:AMD), calling it “the nice ugly step sister of hot bae Nvidia.” Expect the stock to soar to $450, 1ncehost wrote. DD: I DD’d the nvidia run...

Pricing for the Reddit, Inc. (NYSE:RDDT) IPO is expected to start after the market close on Wednesday ahead of the company’s debut on the New York Stock Exchange on Thursday.  What To Know: According to a report from Bloomberg, Reddit and its selling shareholders are guiding that the IPO...

Retail investors are talking about a slim group of topics on Reddit this week including Novo Nordisk A/S (NYSE:NVO), weight-loss drug Ozempic and talk show host Oprah Winfrey. What Retail Is Saying: Retail investors in subreddit r/StockMarket are pointing to the connection between Novo Nordisk...

A New York judge’s recent decision has opened the door for survivors of the 2022 Buffalo shooting to pursue legal action against major social media platforms, potentially setting a precedent for how such companies are held accountable for content on their sites. What Happened: Survivors of...

In a recent discussion on the r/investing subreddit, the question of which stock to hold for the next 30 years sparked a debate among Redditors, with Microsoft Corp (NASDAQ:MSFT) emerging as a compelling choice. If you had to choose one stock to hold for the next 30 years, which would it be and...

Reddit is navigating choppy waters in the days leading up to its long-awaited initial public offering (IPO). What Happened: Nokia Technologies sent a letter to Reddit alleging that the San Francisco-based social media company infringed some of its patents. A Reuters report indicates that Reddit is...

Aircraft manufacturer Boeing Co (NYSE:BA) is facing turbulent times. Recent discussions on Reddit shed light on contrasting perspectives regarding the stock’s prospects. Let’s delve into these insights for Boeing: "Boeing is too big to fail, so buy it while it's down" byu/MarketMan123...