Articles

Reddit will offer shares in its IPO at issue price to 75,000 of its most active users: report

The move is aimed at building loyalty, but could backfire if the stock falls in its debut.

Vertiv’s stock drops on missed revenue, and weaker-than-expected Q1 view

Vertiv Holdings Co.’s stock fell more than 10% in premarket trading on Wednesday after the digital-infrastructure company missed its fourth-quarter revenue target and warned its next quarter could fall short of estimates.

Glencore cuts dividend as Swiss firm’s earnings fall 50% due to collapse in global coal prices

The Swiss firm cut its dividend with a view to paying down debts from its $9 billion acquisition of Teck Resource’s coal assets

HSBC shares dive after $3 billion writedown of China bank stake

HSBC led the London market lower on Wednesday after a $3 billion hit to its operations in China saw the banking giant’s quarterly profits dive 80%.

I sold my house and invested in IRA CDs. They mature next month. How will I be taxed?

The IRA CD has its own tax twists compared to other types of CDs.

Nokia, Nvidia collaborate on AI for mobile networks

Nokia’s stock climbed Wednesday, after the telecommunications networking company announced a collaboration with Nvidia Corp. to position artificial intelligence as fundamental for radio access networks (RAN).

Natural-gas prices bounce 8% as Chesapeake plans production cuts

Natural-gas futures jumped after ending at the lowest in more than 3 1/2 years.

Here’s why Biden is going to pull off a win in November, say these strategists

Polls are favoring Donald Trump as the next president, but our call of the day says bet on incumbent Joe Biden.

‘Things have not been easy for us’: My sister is a hoarder and procrastinator. She is delaying probate of our parents’ estate. What can I do?

“My sister has been busying herself with many activities that she claims are the reason we can’t get this probate process started now.”

7% mortgage rates make a comeback, stifling home-buying demand

Mortgage applications fell 10.6% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.06%.

Here’s Trump’s shortlist for vice president, which includes Ron DeSantis

Former President Donald Trump acknowledged Tuesday that at least five high-profile Republicans and one former Democrat are on his shortlist for potential running mates in the general election

The AI boom of today and the telecom bubble of 1990s share these similarities

There are important differences between the two trends as well, notes Deutsche Bank analyst Jim Reid.
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