The initial public offering market is showing signs of life again. And the optimism following the strong debuts for Reddit and AI cloud infrastructure company Astera Labs appears to be spreading. Case in point: A closed-end fund that invests in Elon Musk’s SpaceX, Fortnite maker Epic Games, OpenAI, fintech giants Stripe and Chime and other
In this article, we will discuss 11 best crypto to invest in for beginners according to Reddit. If you want to see more crypto options for beginners, check out 5 Best Crypto To Invest In For Beginners According To Reddit. Cryptocurrencies became a multibillion-dollar industry in 2017 when the average price of Bitcoin rose from
By Niket Nishant (Reuters) -Reddit will need to spend heavily on content moderation as it may face greater scrutiny as a public company, analysts said, threatening its longstanding policy of relying on an army of volunteers to maintain order on its platform. The newly listed company warned in its initial public offering (IPO) paperwork that
Reddit priced its initial public offering at $34 per share, the higher end of its expected range, valuing the social media platform at roughly $6.4 billion. The stock as of 12:05 PM Eastern on Thursday was indicated to open anywhere between $50 and $52 per share. The company’s debut on the New York Stock Exchange
FILE – The Reddit app icon is seen on a smartphone on Feb. 28, 2023, in Marple Township, Pa. Reddit said Friday, March 15, 2024, that the Federal Trade Commission has opened an inquiry into the social platform’s sale, licensing or sharing of user posts and other content to outside organizations for use in training