The company would be valued at up to $8.71 billion based on pre-market trading price. But he cannot sell the shares for six months due to lockdown restrictions. By Daniel …
Stock Market
- Australia
- US
Reddit makes stock market debut in IPO – and shares SOAR as much as 70% as some Redditors complain site is selling out to Wall Street
by JackShares of Reddit jumped as much as 70 percent as the social media site made its highly anticipated stock market debut. The 19-year-old company, which hosts thousands of online communities, …
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A major concern ahead of the listing was that Reddit, the platform that gave birth to the meme stocks of 2021, could also suffer from the wild price swings caused …
- US
Bill Maher says inflation isn’t that bad, wages are rising and unemployment is ‘negligible’ – and Biden’s rating are only bad ‘because a lot of Americans live with their head in the toilet
by JackHBO host and longtime political commentator Bill Maher ruffled some feathers when he claimed that President Joe Biden’s approval ratings are underwater because most Americans don’t understand economics. During the …
- Australia
I was a destitute single mum on Centrelink and couldn’t even afford to buy nappies. Here’s how I turned $5 into $17,000 in shares and a property empire
by ElijahA young single mother had hit ‘rock bottom’ when she took just $5 and turned it into a $17,000 stock portfolio and three investment properties. Courtney Lorking from the New …
- US
Should Congress be allowed to play the stock market? Campaign to ban lawmakers from trading heats up as it’s revealed they made $1 BILLION of deals last year and raked in huge returns of up to 239%
by JackA campaign to ban members of Congress from stock trading is building momentum after investigations revealed that politicians traded more than $1 billion last year – and many significantly outperformed …
- US
A college degree offers better returns than the stock market – but it varies dramatically between majors
by JackThe average college degree yields a better return on investment than the U.S. stock market—even if some don’t. A typical four-year degree course — which covers tuition, housing, books and …
- Australia
So why are America’s mega-rich including Jeff Bezos and Mark Zuckerberg off-loading billions of dollars in stock? Super wealthy are in a race to ‘sell high’ and invest cash away from the market amid volatile global geopolitics and election
by ElijahThe mystery of billions of dollars worth of stocks being sold by some of the world’s richest despite the market continuing at record highs remains. The mass sale has given …
- US
The Nasdaq stock index hits its first all-time high in two years, boosted by the rise of AI technology stocks like Nvidia and good news about inflation.
by JackThe technology-focused Nasdaq stock index closed at a record high today, another boost for investors and Americans’ 401(K) retirement accounts. It took more than two years to beat the record …
- US
No, not Eminem or M&M’s! It’s ‘MnM’: a new trio of AI tech stocks ousting Tesla and Apple as must-haves – an expert explains who are they and if you should buy them now for your 401(k)?
by JackForget the Magnificent Seven and FAANG: A new portfolio of tech stocks is ready for the moon, says one analyst. The new group of stocks to watch features just three …