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...As the birthplace of “meme stocks” and the notorious WallStreetBets trading forum, Reddit warned in its prospectus that trading in its shares could be particularly volatile....
...investors were undeterred: “FEAR NOT #phunarmy this is the insiders and institutions trying wash out us retail investors hold strong and I’m adding on these dips,” said one poster in the stock’s Reddit forum...
...How Reddit users respond will be watched closely, as some in the social media platform’s trading forums have called for peers to short the stock as a protest over the community-based platform going public...
...The value to Tesla from making weird-looking novelties that people gawp at isn’t solely economic....
...as a bastion of free speech and criticised by experts for its light-touch approach to moderation, has sought to develop its advertising offering and better police the more controversial corners of its forums...
...It has also become a prominent topic on the WallStreetBets Reddit forum, where day traders share stock tips. Additional reporting by Joe Miller in New York...
...The platform said it had 267.5mn weekly active users across more than 100,000 subreddits, or individual topic and interest-based forums, the most famous of which was the WallStreetBets trading forum....
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...The platform, known for its freewheeling discussion forums such as the WallStreetBets trading group, was valued at $10bn in its most recent private fundraising in 2021, when tech stocks were buoyed by a...
...He is expected to open Apple’s eighth retail store in Shanghai on Thursday and attend the China Development Forum, which starts over the weekend....
...In Reddit’s r/stocks forum, the social media network’s own users take a dim view of the company’s upcoming initial public offering. “RIP Reddit, it all goes downhill from here”, is the general view....
...Enough has happened for us to take stock, and that was the aim of a much-watched monetary policy forum in New York on Friday, centred around a splashy new paper by MIT’s Kristin Forbes, Columbia’s Wenxin...
...Thus while Reddit made its name from hosting meme stocks forums, it doesn’t want to become a meme stock itself....
...Maybe novelty bias is worth exploring?...
...He and Rybolovlev have clashed in other forums, however. All of those cases have either been dismissed or settled, and Bouvier has maintained he did nothing wrong....
...He believes the trend has been prompted by the rise of platforms such as Glassdoor and Blind — anonymous forums where tech workers can discuss their company and pay....
...The ITC has since morphed into a forum for deciding whether imports pose an unfair threat to “domestic industry” — a quaint-sounding anachronism in an age of multinational companies and global supply chains...
...A version of this article was first published on October 25 by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...“The risk-reward calculation has changed dramatically,” JPMorgan chief executive Jamie Dimon said during this month’s World Economic Forum in Davos....
...More than 2,000 people on Apple’s community forum said they had experienced the overheating issue. “I just got the iPhone 15 Pro today and it’s so hot I can’t even hold it for very long!”...
...As well as being the place where headlines are made, such as the highest price for a watch at auction, it is a forum for novelty and ideas where brands often present one-off watches that hint at things to...
...commerce minister, is set to travel to San Francisco this coming week to attend meetings of the Indo-Pacific Economic Framework for Prosperity, a US-led scheme, and the Asia-Pacific Economic Cooperation forum...
...M&G Investments’ annual bond forum in London earlier this year featured an unusual presence on the stage: a large colourful statue of an elephant....
...A version of this article was first published on October 24 by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...Users in charge of moderating more than 8,000 Reddit forums, known as subreddits, blocked or restricted access to their content this week....
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