Reddit

U.S. stock markets saw a positive shift on Wednesday, with the S&P 500 and Nasdaq 100 indices turning green for the year. The market’s upbeat sentiment was buoyed by a favorable inflation report and easing trade tensions, particularly benefiting the tech sector. The S&P 500 rose 0.1%...

Reddit Inc. (NYSE:RDDT) co-founder and CEO Steve Huffman recently shared that, according to him, employees were "not working very hard" when he returned in 2015. What Happened: Huffman co-founded the company in 2005 with Alexis Ohanian. He then left to pursue other ventures before returning as CEO...

Social media platform, Reddit Inc. (NYSE:RDDT) is seeing strong commercial intent across its iconic comment threads, and it’s now turning that engagement into ad revenue as part of a broader monetization push. What Happened: During the company’s first quarter earnings call on...

Wall Street experienced a positive momentum as the S&P 500 marked its eighth consecutive day of gains on Thursday, climbing 0.6% to 5,604.14. This rally helped the index recover from losses incurred due to trade tariffs announced by President Donald Trump. The Nasdaq also saw a significant rise...

The stock market experienced a notable rise on Friday, with the S&P 500 gaining over 0.65% to 5,675.12 and the Nasdaq Composite climbing 0.3% to 17,808.66. Despite these gains, the indices recorded weekly losses, with the S&P 500 marking its fourth consecutive losing week. The Dow Jones ...

Alexis Ohanian, co-founder of Reddit Inc. (NYSE:RDDT), announced his intentions to acquire TikTok’s U.S. operations and transition it to a blockchain-based platform on Tuesday. What Happened: Ohanian confirmed the ambitious plan via an X post, stating, “I’m officially...

On Wednesday, Cathie Wood-led Ark Invest executed notable trades involving Palantir Technologies Inc. (NASDAQ:PLTR), Robinhood Markets Inc. (NASDAQ:HOOD), Reddit Inc. (NYSE:RDDT), and Qualcomm Inc. (NASDAQ:QCOM). These trades came amidst significant developments in each company, drawing...

On Monday, Cathie Wood-led Ark Invest made significant trades involving Lockheed Martin Corp (NYSE:LMT), Reddit Inc (NYSE:RDDT), and Iridium Communications Inc (NASDAQ:IRDM). The Lockheed Martin Corp Trade Ark Invest’s decision to sell 15,995 shares of Lockheed Martin Corp (NYSE:LMT) through...

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,...

Reddit's cannabis critics help brands spot emerging trends and identify top strains before they reach dispensaries. From the early days of internet forums to today's thriving Reddit communities, cannabis discussions have transformed, offering unprecedented visibility into consumer...

In a game built around shootouts and high kill counts, Microsoft Corp.’s (NASDAQ:MSFT) Call of Duty: Black Ops 6 player Pilgore has pulled off something unexpected—reaching Prestige without a single kill. Sharing his stats on Reddit, Pilgore revealed that after 111 matches and nearly 20...

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...