Trump Media stock is ‘a scam’ Barry Diller says
Trump Media is “a scam,” and people buying its high-flying stock are “dopes,” IAC and Expedia Chairman Barry Diller said Thursday in a scathing takedown of the social media company…
Redditors bank millions as a group on stock’s opening day
Reddit power users who participated in the company’s IPO made millions of dollars as a group in profits after the stock’s big jump in its first day on the market.…
Reddit power users balk at chance to participate in IPO as debut nears
Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2…
Stocks making the biggest moves after hours: CRM, SNOW, OKTA, DUOL
Check out the companies making headlines after the bell . Salesforce — Salesforce dropped 4% after providing weaker-than-expected guidance for the fiscal year. In the fourth quarter, the software company…
Reddit reportedly seeks to launch IPO in March
Budrul Chukrut | Lightrocket | Getty Images Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing…
Rivian, SolarEdge, Sphere Entertainment and more
Check out the companies making headlines before the bell: Rivian Automotive — Shares popped 3.3% in the premarket. Evercore ISI upgraded Rivian Automotive to outperform from in line, and raised…
Apple, Goldman Sachs were planning a stock-trading feature for iPhones
As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on an investing feature that would let consumers buy and sell…
Taylor Swift, Beyoncé and Barbenheimer are helping consumer spending
Taylor Swift, Beyonce, Barbie, Oppenheimer Getty Images Consumer spending may not be out of the woods. Real spending is expected to come in 1.9% higher in the third quarter, helped…
JWN, HAS, HE, AFRM and more
Shoppers walk by a Nordstrom sign at Westfield San Francisco Centre in San Francisco, May 11, 2023. Justin Sullivan | Getty Images Check out the companies making the biggest moves…
Reddit’s rise to prominence, recent revolts and future prospects
Reddit, home to cute cat pictures, investment advice, niche hobby discussions, celebrity interviews, edgy memes, wholesome memes and everything in between, has been facilitating discussions on the internet since 2005.…