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2 mins read

Reddit reveals how much karma you'll need for a chance to buy into its IPO early

Redditors with hundreds of thousands in karma or lots of "moderator actions" have a chance to be am…

Alex Bitter   


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2 mins read

Reddit's lost money for nearly 20 years. Turning a profit is going to be tricky.

Reddit has never made a profit. The company aims to make money from advertising, data licensing, an…

Theron Mohamed   


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1 min read

Social discussion forum Reddit applies for IPO in the US market

The 16-year-old company which raised $410 million led by Fidelity in August this year valuing it…

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2 mins read

Stock market today: US stocks extend records on rate-cut optimism

Stocks rallied on Thursday following Wednesday's Federal Reserve decision to hold rates steady. Mea…

Phil Rosen   


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Stock market today: US stocks trade mixed as investors try to cap off best week of 2024

The S&P 500 has been on a record-setting rally this week, up almost 3% since Monday. The Dow Jones …

Aruni Soni   


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3 mins read

The cofounder of Allbirds has some advice for startups looking to IPO: make money ahead of going public

Investors have raised the bar for money-losing companies seeking to list, and they now need to be p…

Melia Russell   


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2 mins read

Stock market today: US stocks add to records as investors get a boost from Fed rate outlook

Markets continued to cheer the Fed's outlook for three rate cuts in 2024, adding to record highs no…

Phil Rosen   


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Reddit confidentially files to go public after explosive growth fueled by meme stock chatter

Founded in 2005 by Steve Huffman and entrepreneur Alexis Ohanian, Reddit was valued at $10 billion …

Shalini Nagarajan,Reuters   


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1 min read

MongoDB spikes 21% after the database provider crushes quarterly earnings estimates

The company's Atlas revenue jumped 84% in the third quarter as crypto-exchange Coinbase began movin…

Natasha Dailey   


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2 mins read

Reddit is targeting a $15 billion IPO valuation and looking to hire advisers, report says

Looking to go public next year, discussion site Reddit is on the hunt for investment bankers and la…

Shalini Nagarajan   


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Wall Street Bets jokes about making Reddit the 'biggest meme stock ever' after the platform files for an IPO

Not all WSB members were happy, as some said imminent changes to the platform wouldn't leave Reddit…

Shalini Nagarajan   


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Redditors are pledging to avoid Robinhood's IPO, even as the company goes out of its way to lure day-trader interest

"Just forget Robinhood altogether. Let them go down in lawsuits and loss of customer base," one Red…

Natasha Dailey   


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1 min read

Robinhood has filed confidentially for a US IPO

The trading app, popular among retail investors, has selected Nasdaq as the venue for its listing, …

Isabelle Lee   


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2 mins read

Robinhood promises to fix 'the issues' that outraged customers when it restricted trading in meme stocks

The company also outlined its plans to continue to grow revenue if US regulators ban payment for or…

Victoria Cavaliere   


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2 mins read

Robinhood's IPO filing reveals the US Attorney's Office executed a search warrant for CEO Vlad Tenev's cell phone

The company which publicly filed for an IPO on Thursday mentioned the search warrant in its risk fa…

Grace Kay   


Stephen Jones   


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6 mins read

The GameStop strategy that outsmarted Wall Street, plus the heavily shorted stocks that could be squeezed higher next

Reddit day traders turned the stock market on its ear last week by pumping stocks like GameStop to …

Joe Ciolli   


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6 mins read

The spirit of Occupy Wall Street is back, but this time it's coming from inside the stock exchange

The GameStop mania driven by Reddit traders isn't simple market trolling. It's a populist movement …

Matt Turner   


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4 mins read

How Reddit day traders are using the platform to upend the stock market and make money in the process

Members of the group have formed a snowballing momentum trade as posts go viral and pull in new, cu…

Ben Winck   


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2 mins read

Robinhood has unveiled a new service that will allow investors to buy a company's stock at its IPO price, before it hits the open market

Robinhood is planning to reveal filings for its own IPO as soon as next week and aims to go public …

Natasha Dailey