Reddit stock sinks 11% despite Q2 earnings beat as search traffic wobbles
Reddit's second-quarter revenue jumped 61% and topped Wall Street estimates, with earnings and guidance also beating expectations. Shares still sank…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Truist Wealth: S&P 500, Tech Stocks Could Fall 5% to 8% More Before Bull Market Steadies
Truist Wealth strategists say the S&P 500 and tech stocks could still fall 5% to 8% before finding their footing,…
Leopold Aschenbrenner’s AI Hedge Fund Sells Bulk of Portfolio to Citadel in Forced Fire Sale
A leveraged hedge fund run by 24-year-old Leopold Aschenbrenner sold the bulk of its stock portfolio to Ken Griffin's Citadel…
Leopold Aschenbrenner’s Situational Awareness hedge fund sells off public stock holdings after AI losses
Situational Awareness LP, the AI-focused hedge fund run by Leopold Aschenbrenner, has offloaded its public stock holdings after steep losses…
Robinhood Earnings Beat Estimates as Trading Volumes Hit Records, But Stock Falls
Robinhood's second-quarter profit and revenue both topped Wall Street estimates on record trading volumes, even as a crypto slowdown cut…
