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Reddit Inc

Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

by Adrian Jhonsan
Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

What a difference a year makes. Club holding Wells Fargo will post quarterly results on Friday, followed by our other financial holding, Morgan Stanley, on Tuesday. The industry’s first-quarter results …

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Categories World

Venture deals in U.S. fell to lowest level since 2017 in Q1: PitchBook

by Adrian Jhonsan
Venture deals in U.S. fell to lowest level since 2017 in Q1: PitchBook

The trading floor of the New York Stock Exchange (NYSE) prepares for Reddit’s initial public offering (IPO) on March 21, 2024 in New York City. The social media platform Reddit …

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Rubrik files to go public as tech companies see thawing of IPO market

by Adrian Jhonsan
Rubrik files to go public as tech companies see thawing of IPO market

Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha previously backed cloud management company Nutanix. Rubrik Rubrik, a 9-year-old data security software vendor, filed to go public …

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Reddit shares plunge 25% in two days, finish below first day close

by Adrian Jhonsan
Reddit shares plunge 25% in two days, finish below first day close

The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt | …

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3 things I want to see in a stock before buying in this market

by Adrian Jhonsan
3 things I want to see in a stock before buying in this market

At the beginning of the year, I was talking about how we didn’t need rate cuts. Maybe one, maybe none, and others were talking about needing six of them. What …

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Reddit stock jumps 15% as post-IPO rally continues

by Ev Richard
Reddit stock jumps 15% as post-IPO rally continues

Reddit’s post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst. Reddit shares were up by 15% during midday trading on Tuesday to around $68.88, underscoring …

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Categories Technology

U.S. labor market is in ‘good shape’

by Adrian Jhonsan
U.S. labor market is in ‘good shape’

A “Hiring” signs at a restaurant in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC …

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Jim Cramer says newly public Astera Labs is already too expensive

by Adrian Jhonsan
Jim Cramer says newly public Astera Labs is already too expensive

CNBC’s Jim Cramer gave investors his take on the valuation of Astera Labs, a company that went public last week and sells data center connectivity chips to cloud and artificial …

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Reddit shares close 30% up following social media company’s IPO

by Ev Richard
Reddit shares close 30% up following social media company’s IPO

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 …

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Categories Technology

No ‘cracks’ in U.S. strong jobs growth

by Adrian Jhonsan
No ‘cracks’ in U.S. strong jobs growth

A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. David Paul Morris | Bloomberg | Getty Images This report …

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Categories World
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