Investors held their breath going into the 3/20 Fed announcement. Clearly they liked what they heard as the S&P 500 (SPY) bolted to new all time highs. With so much
Artificial intelligence, or AI, is to 2024 what the internet was in the late 1990s with the dot-com bubble. It’s an exciting technology that finally has advanced enough to become real and applicable. Yet we’re still in the early frontier days. We don’t know which companies will survive, which ideas and use cases will endure […]
Reddit, the San Francisco social media site that describes itself as "the front page of the internet," is debuting as a public stock on Thursday.
Donald Trump's media company is set to make its debut on the stock market Tuesday, a development that could generate a windfall for the cash-strapped former president. His stake in the firm — Trump Media and Technology Group, the parent company of Truth Social — is worth billions. But that is wealth on paper, and a number of things would have to happen to allow him to cash out on that stake and address some of his financial issues, including the mounting legal bills in his criminal cases and a...
Former President Donald Trump's social media company got off to a quick start in its stock market debut Tuesday. Shares of Trump Media & Technology Group, the parent company of Truth Social, shot up more than 50% in its first minutes of trading. The quick move triggered a trading halt of five minutes, which exchanges use to put a check on volatile stock moves. Shares cooled slightly after trading resumed. The stock was up about 40% on the day as of an hour into trading. Shareholders in shell...
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling on the top-end of that interval. Prices are […] © 2024 TechCrunch. All rights reserved. For personal use only.
The second developer preview of Android 15 is out and enthusiasts are busy scanning the code for new features. The latest is a toggle to disable the default frame rate for games, which will disable the 60Hz limit, essentially unlocking their peak performance. Android mostly limits games to 60fps and developers need to enable higher framerates device by device. With this universal toggle, you'll be able to unlock the potential for higher frame rates. The setting is found in Developer...
Three current and former minor league baseball players have been accused of insider trading in Del Taco, Inc. stocks, prosecutors said.
In the wake of the Reddit (RDDT) IPO, RDDT stock has begun trading this morning on the New York Stock Exchange. The social media giant raised over $500 million from the IPO. Reddit's CEO reportedly owns over 3% of RDDT stock. The shares of social media giant Reddit (NYSE:RDDT) will start trading today in what many see as the biggest initial public offering (IPO) of the year. The IPO of RDDT stock, which will trade on the New York Stock Exchange, was priced yesterday at $34 per share. Here are...
It will be the first stock split in the company's history.
Research showing politicians made trades worth more than $1 billion in 2023 has bolstered a campaign to ban congressional leaders from stock trading, a practice that has long been criticized.
The Chicago Bears-Justin Fields marriage is officially over. Yesterday, the Bears dealt their former franchise quarterback to the Pittsburgh Steelers for a 2025 6th-round pick that could turn into a 4th-rounder if Fields plays a significant amount of snaps in Pittsburgh this season. Earlier Sunday, it started to appear that the Bears had considered what […]