new consumer data and earnings from Walgreens
CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, saying to watch out for earnings from Walgreens as well as new data about …
GameStop Corp
Redditors bank millions as a group on stock’s opening day
Reddit power users who participated in the company’s IPO made millions of dollars as a group in profits after the stock’s big jump in its first day on the market. …
(RDDT) starts trading on NYSE
Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in …
Reddit power users balk at chance to participate in IPO as debut nears
Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2 …
A successful Reddit IPO would be bad news for the bull market
There’s nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We’ve had some small biotech deals and the usual SPAC junk. But nothing big, …
Reddit will let users buy its IPO, but warns that they could make the stock riskier
Reddit logos Dado Ruvic | Reuters Reddit’s initial public offering will include a quirk that allows some of its most active users to buy the stock. That could make the …
Let Ryan Cohen buy stocks with company cash
A GameStop store in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images Struggling retailer GameStop is giving its CEO and chair Ryan Cohen even …
Why Jack Bogle’s strategy of ‘lazy’ investing is making a comeback
Jack Bogle Mark Lennihan | AP Boring investing is making a comeback. With the meme-stock rally in the rearview mirror and interest rates surging, individual investors are rediscovering the philosophy …
GameStop’s survival demands ‘extreme frugality,’ CEO tells employees
A GameStop location on 6th Avenue in New York on March 23, 2021. View Press | Corbis News | Getty Images Just hours after being named GameStop‘s CEO, Ryan Cohen …
Apple, Goldman Sachs were planning a stock-trading feature for iPhones
Apple CEO Tim Cook holds a new iPhone 15 Pro during the ‘Wonderlust’ event at the company’s headquarters in Cupertino, California, U.S. September 12, 2023. Loren Elliott | Reuters As …