Former President Donald Trump told a story on Monday in which he claimed that he decided not to list the Trump Media & Technology Group on the New York Stock Exchange, even though the exchange “badly” wanted the company, because businesspeople are “treated too badly in New York” and “don’t want to be attacked by … Read more
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of Digital World Acquisition Corp. soared 35% on Monday after an appeals court substantially reduced the bond former President Donald Trump has to post in a civil fraud case, and the company announced it will start trading as DJT on Tuesday. The appeals court reduced … Read more
A big concern ahead of the public listing was that Reddit, the platform that gave birth to the memestocks of 2021, could also suffer the wild price swings caused by large numbers of investors coordinating their strategy over social media, including Reddit itself, on forums such as r/wallstreetbets. Reddit’s IPO is a test of investor … Read more
Traders work on the floor of the New York Stock Exchange NYSE Investors should disregard concerns over high valuations and focus on growth in what is now a “stockpicker’s market,” according to Matt Orton, chief market strategist at Raymond James Investment Management. The S&P 500 closed out a two-week losing streak on Friday, but Orton … Read more
If you’re a coffee lover, it’s your lucky day. Lavazza is having a fantastic St. Patrick’s Day sale this weekend. If you shop now, you can save 17% off your purchase. Plus, get a free sample of Qualita Oro when you spend more than $50. It doesn’t matter how you like to prepare your coffee, … Read more
SpaceX requires employees to agree to some unusual terms related to their stock awards, which have a chilling effect on staff, according to sources and internal documents viewed by TechCrunch. That includes a provision that allows SpaceX the right to purchase back vested shares within a six-month period following an employee leaving the company for … Read more
If we learned anything from Taylor Swift and Travis Kelce’s romance during the NFL season, it’s that you can be both a Swiftie and Chiefs fan. We tuned in all season long to see the songstress cheering on the tight end — better yet, to see what she wore to the games. After flying off the … Read more
Reddit (RDDT) is set to go public soon and is as of now, one of the most highly anticipated initial public offerings (IPOs) of 2024. The social media company, led by CEO Steve Huffman, is seeking a $6.5 billion valuation and is aiming to raise up to $748 million in the company’s public offering. Planned … Read more
Traders work on the floor during morning trading at the New York Stock Exchange on March 6, 2024. Spencer Platt | Getty Images Despite the heavy concentration of the U.S. market rally in expensive, AI-focused tech stocks, analysts say Wall Street is not yet in bubble territory. The S&P 500 has climbed for 16 of … Read more
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