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 company
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Eli Lilly’s Third Quarter Earnings Miss and Forecast Cut Lead to Sharp Stock Drop
Eli Lilly is dialing back its 2024 forecast after underwhelming Wall Street with third-quarter earnings and sales from two key drugs that missed expectations
Nasdaq Edges Back From Its Record as Chip Companies and Eli Lilly Slump
U.S. stock indexes edged lower after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company
US Economy Grew at a Solid 2.8% Pace Last Quarter on Strength of Consumer Spending
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates
Federal Government Hands Out $2.4 Billion for 122 Railroad Projects Nationwide
The federal government is handing out $2.4 billion in railroad grants to help pay for 122 projects nationwide with more than half of the money going to smaller railroads
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share
Dell Technologies (NYSE:DELL) Shares Gap Up – Still a Buy?
Dell Technologies Inc. (NYSE:DELL – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $121.63, but opened at $130.99. Dell Technologies shares last traded at $126.01, with a volume of 2,931,185 shares trading hands.
Meta Platforms (NASDAQ:META) Stock Price Up 1% – Here’s Why
Meta Platforms, Inc. (NASDAQ:META – Get Free Report) shares traded up 1% on Wednesday . The stock traded as high as $601.20 and last traded at $598.99. 7,533,341 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 15,010,554 shares. The stock had previously closed at $593.28.
NVIDIA (NASDAQ:NVDA) Stock Price Down 1.3% – What’s Next?
Shares of NVIDIA Co. (NASDAQ:NVDA – Get Free Report) traded down 1.3% during trading on Wednesday . The company traded as low as $136.81 and last traded at $139.37. 67,277,398 shares were traded during mid-day trading, a decline of 84% from the average session volume of 410,137,250 shares. The stock had previously closed at $141.25.
Hims & Hers Health (NYSE:HIMS) Shares Down 5.4% Following Insider Selling
Hims & Hers Health, Inc. (NYSE:HIMS – Get Free Report) shares traded down 5.4% during trading on Wednesday following insider selling activity. The stock traded as low as $19.80 and last traded at $21.04. 6,066,561 shares were traded during mid-day trading, a decline of 26% from the average session volume of 8,157,803 shares. The stock had previously closed at $22.24.
Wall Street Gains Ground as It Notches a Winning Week and Another Dow Record
Average Rate on a 30-Year Mortgage in the US Rises to Highest Level Since July
Bitcoin is jumping again, setting another new high above $99,000
The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows
Meritage Homes Co. (NYSE:MTH) Shares Purchased by Intech Investment Management LLC
UDR, Inc. (NYSE:UDR) Stock Position Increased by Daiwa Securities Group Inc.
Swiss National Bank Buys 249,100 Shares of GameStop Corp. (NYSE:GME)
Costco Wholesale (NASDAQ:COST) Stock Price Up 2% – Here’s What Happened
Australia Rejects Elon Musk’s Claim That It Plans to Control Access to the Internet
Swiss Voters Reject More Powers for Landlords on Subletting