Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock fell overnight. X Reddit CEO Steve Huffman sold 500,000 shares on Monday at an average $32.30 price, receiving $16.15 million. CFO Vollero Andrew sold […]
It’s been two years since Russia invaded Ukraine, leading to sanctions against Russian oligarchs. Many of their superyachts were seized or frozen, leading industry insiders to question their fate. The yachts, some of which are worth hundreds of millions of dollars, remain in a state of limbo. More than two years after Russia invaded Ukraine, […]
Finding the right stocks is the only real ‘trick’ to successful investing, but it can be quite a trick. There are thousands of publicly traded stocks, and thousands of active traders, which adds up to millions of daily stock transactions – and an imposing wall of data for the retail investor to sort through. What’s […]
(Bloomberg) — Two Nvidia Corp. directors sold about $180 million in shares of the chipmaker in recent days, becoming the latest insiders to cash in as the stock continues to push deeper into record territory. Most Read from Bloomberg Tench Coxe, a former managing director at venture capital firm Sutter Hill Ventures who has been […]
The stock markets generate an immense flood of raw data, a glut of information that presents a barrier to the average investor. How to sort through it, to find the right stocks to buy? What’s needed is some clear signal, something that can find some sensible patter in the results of millions of daily stock […]
(Bloomberg) — Staffers at China’s main securities regulator had been working around the clock for weeks on ways to prop up the nation’s tumbling stock market when the bombshell dropped. Most Read from Bloomberg Late Wednesday, the official Xinhua News Agency reported that their boss Yi Huiman had been ousted, becoming the biggest Communist Party […]
Three women who served in former President Donald Trump‘s White House are now warning against a possible second Trump term, with one of them saying it could mean “the end of American democracy as we know it.” For the first time, former White House Communications Director Alyssa Farah Griffin, former White House deputy press secretary […]
An aerial view of Bakhmut, Ukraine, on April 26, 2023.Libkos/AP This week, Business Insider publishes its most extensive work yet on the fighting in Ukraine — an exploration of the horrific struggle for the city of Bakhmut. It is not an exaggeration to say that the city was, for much of 2023, among the deadliest […]
With New Year’s right around the corner, it’s a convenient time for investors to start rearranging their stock portfolios. There’s no trick to this, just the steady work of reading the market signals and adjusting holdings accordingly, to try to set up a profitable investment package that will work in next year’s market conditions. One […]