Latest in Reddit Stake
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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 - 10 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 - Yesterday -
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 - 7 hours ago -
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 - 10 hours ago -
The 2024 Stakes on Health Care
We explore the presidential candidates’ health policy proposals.Top stories - The New York Times - Yesterday -
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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 - 7 hours ago -
Legendary buys out China's Wanda ownership stake
'Dune' production company Legendary Entertainment has bought out the stake previously owned by Chinese conglomerate Wanda Group.Entertainment - Los Angeles Times - October 14 -
Richard Seymour's ownership stake in Raiders was approved, too
More quietly than Tom Brady, Seymour quietly becomes part owner of Vegas franchise.Sports - Yahoo Sports - October 16 -
What’s at Stake in a Strained Microsoft-OpenAI Partnership
The alliance between the technology giant and the company behind OpenAI has been hugely consequential — but a disruption could shake up the A.I. race.Business - The New York Times - October 18 -
'Roaring Kitty' Reports Exit From Chewy Stake
Influential investor Keith Gill, known as “Roaring Kitty,” reported an exit from his Chewy stake in a securities filing.Business - The Wall Street Journal - 9 hours ago -
On the Ellipse, the Stakes Loomed Over Harris’s Shoulder
There was a clear point in returning to the site of Trump’s Jan. 6 crime.Top stories - The New York Times - 5 hours ago -
Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options.Top stories - NBC News - October 13 -
Dutch government to reduce its stake in ABN Amro by a quarter
The Dutch government said Tuesday it will reduce its stake in ABN Amro to around 30% through a trading plan.Business - CNBC - October 15 -
Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake
The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.Business - The New York Times - October 15 -
Tom Brady's minority stake in the Las Vegas Raiders approved by NFL owners
Tom Brady takes 5% control of the Raiders. He can't come of out retirement and play again unless he sells his stake in the team.Top stories - CBS News - October 15 -
Amazon buys stake in nuclear energy developer in push to power data centres
Citadel’s Ken Griffin takes part in X-energy’s $500mn fundraising alongside ecommerce groupBusiness - Financial Times - October 16 -
Intel seeks billions for minority stake in Altera business, sources say
This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.Business - CNBC - October 18 -
U.S. GP: What's at stake for Lando Norris and Max Verstappen?
What does Lando Norris have to do at the U.S. Grand Prix and the final five races to beat Max Verstappen to the F1 title?Sports - ESPN - October 18 -
Farage raises stake in GB News as ex-Parler boss handed shares
City fund manager Helena Morrissey and chief executive Angelos Frangopoulos also awarded extra stockBusiness - Financial Times - October 18 -
France takes stake in Sanofi unit as part of €16bn sale to CD&R
Deal for consumer health arm faced political furore over ceding controlling stake to US private equity groupBusiness - Financial Times - October 21 -
Starboard reportedly takes big stake in Tylenol maker Kenvue
Activist investor Starboard Value has taken a sizeable stake in Kenvue, the maker of Tylenol and Listerine, and is seeking changes, according to reports Sunday night.Business - MarketWatch - October 21 -
Kenvue shares surge after activist Starboard takes stake
Starboard Value has amassed a significant stake in Kenvue, which spun out of Johnson & Johnson in mid-2023.Business - CNBC - October 21 -
Mubadala Capital sees chance to buy up large private equity stakes
Emirati unit raises $3.1bn for its latest fund hoping to appeal to groups looking to raise cashBusiness - Financial Times - October 22 -
Control of Congress at stake in high-profile contests across the US
The battle for control of Congress is just as tight as the 2024 presidential race, highlighted by a handful of high-profile contests coast-to-coast. NBC’s Ryan Nobles reports for TODAY.Politics - NBC News - October 22 -
Mystery Overseas Bettors Up Trump Stake on Polymarket Site
Newly legalized betting on elections spawns a potential $43 million payout for a GOP victory, raises the online odds of a Trump win, as well as concerns about possible foreign interference.Business - Inc. - October 22 -
What's at stake? PGA Tour season winds down with a lot left to play for
From players trying to keep their tour cards (Joel Dahmen) to players trying to find their form (Max Homa), we look at the storylines to watch at the Zozo Championship.Sports - ESPN - 5 days ago -
Jeff Vinik sells stake in NHL's Tampa Bay Lightning to investor group
Jeff Vinik sold a portion of the NHL's Tampa Bay Lightning to a group of investors led by Doug Ostrover and Marc Lipschultz, both of Blue Owl Capital.Business - CNBC - 5 days ago -
Tory treasurer’s water company in discussions to take stake in Thames Water
Castle Water’s plans for the troubled utility include an eventual IPOBusiness - Financial Times - 4 days ago -
North Korean troops in Ukraine show the war’s global stakes
Despite Russia and North Korea’s denials, it is imperative that Washington and London encourage South Korea to ship arms to Ukraine as soon as possible.Politics - The Hill - 4 days ago -
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If Trump wins the election, this is what’s at stake for US foreign policy
If elected again, Trump’s policies may largely be shaped by the candidate himself – and it may be more chaotic than it was eight years ago. When Americans choose between Donald Trump and Kamala ...World - The Guardian - 3 days ago -
High-stakes vote decides Georgia's future path in Europe
The pro-Western president calls for a "new Georgia" after years of increasingly authoritarian rule.Top stories - BBC News - 3 days ago -