Category: Stock News

Reddit Announces IPO with Optimistic Growth
Stock News

Reddit Announces IPO with Optimistic Growth

Quick Overview Reddit files IPO prospectus, planning to list on the NYSE under “RDDT” in March. Reports $804 million in annual sales for 2023, a 20% increase from the previous year. Aims to tap into

Stock News

Rivian Stock Plunges After UBS Rating Downgrade

Rivian Automotive (RIVN) shares sank on Friday for the fifth straight session after the Union Bank of Switzerland’s (UBS) rating downgrade. The stock dropped 12.05% to $10.07 per share on February 23 but recovered slightly

TMN - Asia-Pacific
Stock News

Nikkei Hits Record High on Bank and Tech Stock Triumph

On Thursday, the Nikkei 225 achieved a historic peak, driven by solid earnings and investor-friendly measures, with banking, tech rallies, and consumer stocks leading the remarkable momentum in Japanese equities. Japan’s index rose by 2.19%

Stock News

Nvidia Stocks Slide Ahead Q4 Earnings, Asian Chipmakers Dip

On Wednesday, Nvidia stock declined overnight ahead of its fourth-quarter earnings report, pulling most Asian stocks on edge. Nvidia stock significantly eased by -4.35% to $694.52 apiece in the closed session and continues its downtrend

Stock News

Zee Reportedly Tries to Revive Merger Talks with Sony

On Tuesday, sources said that Zee Entertainment is making a last attempt to revive talks with Sony Group for their $10B merger agreement from January 22. Zee Entertainment stocks surged by 10.00% to ₹196.50 per

TMN - Nvidia
Stock News

SK Hynix Records High Success Amid AI Booms

On Monday, SK Hynix Inc. witnessed a brief rise to an all-time high, riding on recent gains and optimism about its artificial intelligence (AI) industry prospects. South Korea’s memory chip maker shares surged by 3.00%

The stocks in wall street thrive despite inflation
Stock News

Albemarle Expects Strong Performance Amid Market Challenges

Albermarle Corporation has disclosed a solid fourth-quarter performance and full-year 2023 earnings amid a challenging market environment. The top lithium producer’s stock closed the session by rising 2.71% to $117.49 per share. Moreover, it surged