Articles

Reddit publicly files IPO papers, detailing plans to license data, sell more ads and grow its ‘user economy’

The company, founded in 2005, plans to trade on the New York Stock Exchange under the ticker symbol “RDDT.”

UnitedHealth sees suspected nation-state cyberattack hit its Change Health unit

Microsoft and HPE also disclosed nation-state breaches in recent weeks.

Fed’s Cook wants ‘greater confidence’ inflation is slowing before backing interest-rate cuts

Federal Reserve Gov. Lisa Cook said inflation has slowed faster than expected, but central bank officials need “greater confidence” that price pressures are returning to low pre-pandemic norms before cutting interest rates.

Nvidia’s surge ripples across stock market — lifting AI, tech and semiconductor ETFs

Several exchange-traded funds that buy stocks with exposure to artificial intelligence surged Thursday after closely watched AI beneficiary Nvidia Corp. beat earnings expectations.

Sleep Number loses less money than Wall Street feared, and stock rallies

Business climate remains ‘challenging,’ but Sleep Number is making progress on cost cutting, it says.

Live Nation says ‘demand for live music continues to build.’ Ticket-sale gains so far this year are mixed.

Live Nation Entertainment Inc. on Thursday said that concert-ticket sales have increased this year, albeit at a slower rate so far, following an explosion in demand over the past two years.

Small-cap ETFs saw record inflows last week: Why fund managers see opportunities in this ‘underloved’ segment of the market

Megacap chip stocks at the heart of the AI frenzy continued their record run at the start of 2024, but there’s one corner of the market where investors also put their money to work: small-cap stocks.

Carvana’s stock rallies more than 15% after car retailer’s losses narrow, guidance is upbeat

Carvana says it is on track for groth this year.

Block delivers a surprise profit, and its stock is surging

The parent of Square and the Cash App has been focused on getting leaner.

Intuit’s stock dips despite big earnings beat, revenue in line with analyst estimates

Intuit Inc.’s stock dipped 2% in after-hours trading Thursday despite the company posting quarterly revenue that met analysts’ estimates and earnings that surpassed them.

American Airlines is making it harder to rack up frequent-flier miles — here’s who will be most affected

American Airlines will soon stop letting customers earn frequent-flier miles when they book trips on third-party travel sites — and the change will hurt some road warriors more than others.

Why are credit-card APRs so high? ‘There’s no reason other than greed,’ consumer advocates say.

Credit-card APRs averaged 22.8% last year, but there are still ways cardholders can save money
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