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Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - 7 hours ago -
Reddit shares soar 25% as it turns its first profit
Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay offBusiness - Financial Times - Yesterday -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - Yesterday -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - 12 hours ago -
Court of Appeal sides with UK consumers over ‘secret’ car loan commissions
Close Brothers shares plummet after landmark ruling that puts sector at risk of redressBusiness - Financial Times - 5 days ago -
Tesla shares close at highest in 13 months as post-earnings rally continues
Following Tesla's best day on the market since 2013, the stock rose more than 3% on Friday, closing at its highest since September 2023.Business - CNBC - 5 days ago -
Reddit has sold most of its cryptocurrency portfolio
Reddit’s proceeds from the crypto sale were $6.9 million during the quarter, according to a filing.Business - MarketWatch - 7 hours ago -
Reddit’s results are on deck. Analysts expect ad strength and growth in online spending.
Reddit reports its third quarterly results as a public company after market close on Tuesday amid expectations of ad strength and healthy online spending growth.Business - MarketWatch - 2 days ago -
JD Vance Adviser Posted on Reddit for Years About Use of Cocaine, ‘Gas Station Heroin,’ Other Drugs
Aaron Kofsky, JD Vance’s financial policy adviser, called Vance “a Trump boot licker” and instructed users on how to transport drugs through TSA in the posts. “Coke then opiates is always my ...Tech - Wired - October 16 -
Why It Matters That JD Vance's Financial Adviser Posted About Drug Use on Reddit for Years
Aaron Kofsky isn’t just a random staffer; he is JD Vance’s financial policy adviser during an election cycle that cares about crypto.Tech - Wired - October 17 -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - Yesterday -
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.Business - CNBC - Yesterday -
‘Rocketship’ Reddit’s third-quarter results a real ‘Jekyll and Hyde’ story, says Bernstein
Reddit Inc.’s better-than-expected third-quarter results highlight the social-media platform’s strong growth potential, analysts say.Business - MarketWatch - 12 hours ago -
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public companyTech - ABC News - 3 hours ago -
Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar
The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.Business - Inc. - 9 hours ago -
Reddit stock price soars after social media player reports rare profit
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.Top stories - CBS News - 9 hours ago -
Attention Kmart Shoppers: It’s Closing Time
As the last full-size Kmart in the continental United States prepares to close, shoppers reminisced about the store that once sold everything, everywhere.Top stories - The New York Times - October 14 -
Walgreens closing roughly 1,200 stores
Walgreens announced on Tuesday it will close approximately 1,200 stores over the next three years, including 500 stores in the current fiscal year. The plan, according to the company press release, ...Politics - The Hill - October 15 -
Walgreens Says It Will Close 1,200 Stores
The pharmacy giant said it would close the stores over the next three years and plans to “redeploy” the majority of the workers at the closed stores.Business - The New York Times - October 15 -
Last Kmart store closes down
Shoppers bid farewell to the final Kmart store in Bridgehampton, New York, while snagging great deals before the store shut its doors for good. Shanelle Kaul has the story.Top stories - CBS News - October 20 -
Why major retailers are closing stores
Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...Top stories - CBS News - October 21 -
How to Close the Gender Health Gap
Sexism within health systems means that women get worse and delayed treatment. The UK has proposed a plan that could solve this issue—experts weigh in on how to do it best.Tech - Wired - October 22 -
Fact-Checking Harris’s Closing Argument
The vice president has stuck largely to the facts when highlighting the words of her rival, former President Donald J. Trump, but has on occasion omitted context or erred when describing policies ...Top stories - The New York Times - 10 hours ago -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
Final Snapchats shared from Argentina
The posts were shared just hours before the singer's death but appear to have been filmed in the days before.Top stories - BBC News - October 17 -
Netflix Shares Rise on Subscriber Growth
The popular streaming platform forecast higher customer sign-up rates for December as its ad-supported service drew new viewers.Business - Inc. - October 18 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - Yesterday -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs dampen initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - 3 hours ago -
Sri Lanka closes schools as floods hammer the capital
Sri Lanka has closed schools in its capital, Colombo, and its suburbs as heavy rains triggered floods in many parts of the island nationWorld - ABC News - October 14 -
State of the Race: A Close Race Gets Closer
There’s no sign that a deluge of surveys from Republican-aligned firms is meaningfully affecting the polling averages.Top stories - The New York Times - October 14 -
Walgreens’ stock has best day in 16 years as company plans to close 1,200 stores
Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but its CEO says store closures “will realign our footprint to a healthier store base.”Business - MarketWatch - October 15 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
UK tax rises acceptable if part of pro-business Budget, CBI says
Rupert Soames believes companies will judge October 30 measures ‘in the round’Business - Financial Times - October 15 -
Harris Needs a Closing Argument. Here’s One.
Trump turned us into a nation of haters. He’ll do it again if he wins next month.Top stories - The New York Times - October 15 -
Heavy rain brings widespread travel disruption
River levels are rising and properties are expected to flood in several parts of Wales.Top stories - BBC News - October 16