Sen. Elizabeth Warren renewed her call to break up Big Tech after a massive Amazon Web Services outage disrupted major global platforms, saying, "If a company can break the entire internet, they are too big."
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 5.1% in the afternoon session after investment firm Raymond James raised its price target on the stock to $250 from $225, maintaining a 'Strong Buy' rating. The firm pointed to a stronger outlook for Reddit's advertising revenue, stating it was more bullish on the Average Revenue Per User (ARPU) opportunity following recent ad checks. Raymond James's positive view was supported by the potential for moderate increases in ad load, better ad pricing, and benefits from the company's AI-powered search feature. The firm projected that the AI search tool alone could create a $350 million revenue opportunity by increasing user queries. This optimism was built on Reddit's solid financial health, which included a 91.04% gross profit margin and 70% year-over-year revenue growth.
October 20, 2025 – The digital world experienced a jarring halt today as Amazon Web Services (AWS), the backbone of countless internet services, suffered a massive global outage. The disruption, primarily affecting its critical US-EAST-1 region in Northern Virginia, brought down an extensive array of popular platforms, including gaming giant Fortnite, social media powerhouse Snapchat [...]
AWS experienced widespread operational disruption, causing errors & latency across services. The issue stemmed from DNS resolution failures and affected major websites & apps globally.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Expensive stocks often command premium valuations because the market thinks their business models are exceptional.
However, the downside is that high expectations are already baked into their prices, leaving little room for error if they stumble even slightly.
Meta removed a Facebook page accused by the Justice Department of being used to "dox and target" ICE agents in Chicago, following similar actions by Apple and Google amid rising controversy over President Donald Trump's immigration enforcement tactics.
With ChatGPT relying less on Reddit, shares of RDDT plummeted last week. But the company’s licensing agreements and core ad business should continue to produce.
Retail investors buzzed about five stocks this week, from Oct. 6 to Oct. 10 on platforms like X and Reddit’s r/WallStreetBets, amid government shutdown and AI enthusiasm.
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 4.7% in the afternoon session after President Trump threatened to impose "massive" new tariffs on Chinese imports, reigniting trade war fears.
Reddit, Inc. (NYSE: RDDT), announced today that the company’s third quarter 2025 financial results will be released after market close on Thursday, October 30, 2025.
Reddit co-founder Alexis Ohanian and Y Combinator's Paul Graham condemned President Trump's 2025 ICE deportation raids, with Ohanian revealing his mother was once undocumented and warning that "Reddit wouldn't exist if ICE had come for her," as tech and cultural figures call for humane immigration reform over aggressive enforcement.
September 2024 marked a significant contraction in the cryptocurrency spot trading landscape, with total volumes across centralized exchanges plummeting to $1.67 trillion. This figure represents the lowest monthly volume recorded since June 2024, signaling a notable cooling in retail trading enthusiasm. The downturn continued a steady decline from a peak of $2.44 trillion observed in [...]
