Category: Stock News

Reddit Announces IPO with Optimistic Growth
Stock News

Reddit Upcoming IPO Reportedly Sees 5x Oversubscription

US social media giant Reddit Inc. is reportedly looking at a significantly oversubscribed initial public offering (IPO), which would potentially allow the company to hit its valuation target of $6.5 billion. Sources familiar with the

Stock News

Foxconn Shares Post 5-Year High on Solid Q4 Earnings

Shares in Taiwanese electronics maker Foxconn Technology Co. Ltd. surged on Friday after the company posted better-than-expected earnings for the fourth quarter. Foxconn’s shares gained over 9.00%, reaching more than a five-year high of NT$132.00

Stock News

A Look at the S&P 500’s Surprising Gains

Quick look The S&P 500 has increased significantly by over 25% in the last five months, reaching 16 record highs this year. Solid fundamentals, a strong U.S. economy, and AI excitement drive bullish market sentiments.

Stock News

Navigating the Current U.S. Stock Market Landscape

Quick look The S&P 500 has surged over 25% in the last five months, marking significant gains from companies like Nvidia. Despite solid fundamentals underpinning the market, some investors warn of a potential pullback, with

Stock News

Mixed Movements in US Stocks

Quick look S&P 500 slightly down by 0.2%, halting its record-setting run. Nasdaq Composite leads losses, down by more than 0.5%, with tech giants Nvidia and Tesla seeing significant drops. The Dow Jones Industrial Average

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Singtel Stumbles After Reports of Optus Stake Sale Talks

Shares in Singapore Telecommunications (Singtel) Ltd. dropped in early trading on Thursday after the Singaporean telecommunications giant was reportedly in advanced talks to sell a large part of its holdings at its Australian arm, Singtel

Stock News

S&P 500 Hits Record High Amid Mixed Global Economic Signals

Quick look S&P 500 rallies to a fresh high, with the tech sector leading gains. Nvidia shares surge, erasing recent losses and highlighting the chipmaker’s strong performance. Mixed economic data: South Korea’s unemployment rate falls,

Stock News

Feb Inflation: Mixed Signals from Fed

Quick look February’s Consumer Price Index (CPI) showed a 3.2% increase year-over-year, slightly higher than January’s 3.1%. Gasoline and shelter costs increased inflation, accounting for 60% of the monthly increase. Core inflation, excluding volatile food