Reddit's IPO will gauge the market's interest in tech IPOs, which has been largely inactive for the past two years. Reddit's growth rate and lack of profitability could lead to a valuation below $4 billion.
Follow me on Moomoo to stay informed and connected! On Friday, Lululemon$Lululemon Athletica(LULU.US)$reported its financial results, with revenue and profit both up by 18%. The quarter's revenue was $2.21 billion, higher than the analyst's expected $2.17 billion, and earnings per share were $2.68, also higher than the analyst's expected $2.54. Perhaps due to accelerated expansion, same-store sales fo...
Zuckerberg’s strategy of poaching users from rival products has proved successful in the past. In 2020, Instagram launched Reels — made to mimic TikTok — in the U.S as the Bytedance-owned app battled the Trump administration. TikTok has continued to face legislative pushback, and some states have moved to ban the app. As Elon Musk continues to set fire to Twitter since purchasing it in a $44 billion deal, the platform has undergone a series of devastating layoffs, widespread...
On Friday, Lululemon $Lululemon Athletica(LULU.US)$ reported its financial results, with revenue and profit both up by 18%. The quarter's revenue was $2.21 billion, higher than the analyst's expected $2.17 billion, and earnings per share were $2.68, also higher than the analyst's expected $2.54.
Perhaps due to accelerated expansion, same-store sales fo...
As Elon Musk continues to set fire to Twitter since purchasing it in a $44 billion deal, the platform has undergone a series of devastating layoffs, widespread...
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