Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock Exchange under the ticker symbol “RDDT.” Its market debut, expected in March, will be the first major tech initial public offering of the year. It’s
Alistair Berg | Digitalvision | Getty Images A record 8.7% cost-of-living adjustment helped Social Security beneficiaries stave off the effects of inflation in 2023. But as they file their federal returns this tax season, they may be surprised to find more of their benefit income has been taxed. Capitol Hill lawmakers on both sides of
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Jared Young has been thinking about paying his children’s college tuitions their whole lives. Longer than that, in fact. “Before they were born, we were thinking about it,” says Young, 52, of Castalia, Ohio. With two children in college now and two children in high school, he and his wife Jody have their hands full
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Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Artificial
Walmart’s WMT stock may be on many investors’ minds as its three-to-one stock split is set to take effect on Monday, February, 26. As part of Walmart’s ongoing review of optimal trading and spread levels, WMT shares should open at around $59 next week with the current price at $177 a share. With over 400,000 associates
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Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! No demand concerns for Microsoft’s Azure and AI workloads – TD Cowen After hosting a virtual investor meeting with Microsoft’s investor relations (IR) managers
Nvidia’s spectacular growth is hard to quantify sometimes. But this chart, from Sonu Varghese, global macro strategist at the Carson Group, helps put things in perspective. It’s shows how Nvidia’s NVDA, +0.36% earnings — or, to be more precise, analyst expectations of its earnings in 12 months’ time — have soared well beyond its stock
© Reuters. FILE PHOTO: Figurines with computers and smartphones are seen in front of Binance logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo By Jonathan Stempel (Reuters) – A U.S. judge on Friday accepted Binance’s guilty plea and more than $4.3 billion penalty for violating federal anti-money laundering and sanctions laws through
Nursing home stays and long-term care can cost well over $100,000 per year. To pay for it, families often have to liquidate their assets either to raise cash or to meet Medicaid’s spend-down requirements. If you want to protect your assets against this result, long-term care insurance could be your best option. But if this type
MOSCOW, RUSSIA – JUNE 24: A Ilyushin Il-76 transport plane performs a flypast over Red Square during a Victory Day military parade in Red Square marking the 75th anniversary of the victory in World War II, on June 24, 2020 in Moscow, Russia. The 75th-anniversary marks the end of the Great Patriotic War when the
A attendee walks past a banner with a Grab logo before a bell-ringing ceremony as Grab begins trading on the Nasdaq, in Singapore, on Thursday, Dec. 2, 2021. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Grab posted its first-ever profitable quarter, raking in $11 million in profit, the Southeast Asian ride-hailing giant said