RDDT, LYFT, RIVN and more
Check out the companies making headlines in after-hours trading. Reddit — The social media stock popped nearly 18% on the back of a better-than-expected quarterly earnings in its first report…
Reddit (RDDT) Q1 2024 earnings
Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024. Timothy A. Clary | AFP…
Morgan Stanley sees 10 to 15 more tech IPOs in 2024, better 2025
Following a long period of waiting, “the IPO market’s back.” That’s according to Colin Stewart, Morgan Stanley’s global head of technology equity capital markets. In an interview with CNBC’s “TechCheck”…
Digital ad market on mend as Meta, Alphabet, Snap show faster growth
A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. Tayfun Coskun | Anadolu | Getty Images Advertising is so back. After a brutal 2022,…
(RBRK) starts trading on New York Stock Exchange
Bipul Sinha, CEO, Chairman & Co-Founder of Rubrik Inc., the Microsoft backed cybersecurity software startup, rings the opening bell during his company’s IPO at the New York Stock Exchange (NYSE)…
Rubrik prices IPO at $32 per share, above the expected range
Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha previously backed cloud management company Nutanix. Greylock Partners Rubrik, a data-management software company backed by Microsoft, priced its…
Bitcoin bull Michael Saylor made $370 million from MicroStrategy sales
Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US, on Thursday, May 18, 2023. Eva Marie Uzcategui…
Andreessen Horowitz raises $7.2 billion across five funds
Marc Andreessen and Ben Horowitz Getty Images Andreessen Horowitz said Tuesday that it raised $7.2 billion across five different funds, a sign of optimism in the tech startup world, which…
Stocks making the biggest moves midday: TSLA, GS, CRM
Check out the companies making headlines in midday trading. Tesla — Shares fell 5.6% after an internal memo said the electric vehicle maker is planning to lay off more than…
Venture deals in U.S. fell to lowest level since 2017 in Q1: PitchBook
Omar Marques | Lightrocket | Getty Images Even with hot artificial intelligence startups scoring hefty investment rounds at massive valuations, the broader venture funding environment remains ice cold. Deal volume…