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Snap Inc

Reddit power users balk at chance to participate in IPO as debut nears

by Edgar Davis
Reddit power users balk at chance to participate in IPO as debut nears

Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2 …

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(RDDT) starts trading on NYSE

by Ron Morgan
(RDDT) starts trading on NYSE

Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in …

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Reddit prices IPO at $34 per share, valuing company at $6.5 billion

by Edgar Davis
Reddit prices IPO at  per share, valuing company at .5 billion

In this photo illustration a Reddit logo is seen displayed on a smartphone. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Reddit, the 19-year-old website that hosts millions …

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China would block sale of short video app

by Edgar Davis
China would block sale of short video app

Visitors are visiting TikTok’s stand at the Appliance & Electronics World Expo (AWE) in Shanghai, China, on April 27, 2023. On March 14, 2024, the United States will pass a …

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Here’s why General Catalyst is trying to buy Summa Health

by Akin Smith
Here’s why General Catalyst is trying to buy Summa Health

Dr. Marc Harrison, who’s now CEO of HATCo, speaking at the Healthy Returns conference in New York City on May 21, 2019. Astrid Stawiarz | CNBC Dr. Marc Harrison is …

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Wall Street high on AI euphoria

by Walter Watson
Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they …

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Worries over rate cuts persist

by Walter Watson
Worries over rate cuts persist

Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City.  Michael M. Santiago | Getty Images This report …

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Wariness over rate cuts lingers

by Walter Watson
Wariness over rate cuts lingers

Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March …

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Is the battle against inflation getting tougher?

by Ron Morgan
Is the battle against inflation getting tougher?

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …

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U.S. consumers stay bullish on the economy

by Walter Watson
U.S. consumers stay bullish on the economy

A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images This report is from today’s CNBC …

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