Why Reddit (RDDT) Stock Is Nosediving
  • March 18, 2025

Why Reddit (RDDT) Stock Is Nosediving

Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 11.9% in the afternoon session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%.

Robinhood (HOOD) Stock Trades Down, Here Is Why
  • March 18, 2025

Robinhood (HOOD) Stock Trades Down, Here Is Why

Shares of financial services company Robinhood (NASDAQ:HOOD) fell 7.1% in the morning session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%. This could be a bit of a letdown for the dovi

Adobe rolls out AI agents for online marketing tools
  • March 18, 2025

Adobe rolls out AI agents for online marketing tools

Adobe on Tuesday said it is rolling out artificial intelligence "agents" that brands can use to help consumers navigate their websites. Adobe is known for consumer apps such as Photoshop but also sells a suite of business-to-business software tools used in online marketing, which made up a quarter of Adobe's $21.5 billion in sales in its most recent fiscal year. The new tools use AI technology to help brands target marketing messages to different users based on their online activity.

Wall Street’s Derivatives-ETF Craze Amps Up on Record 71 Filings
  • March 18, 2025

Wall Street’s Derivatives-ETF Craze Amps Up on Record 71 Filings

(Bloomberg) -- A pioneer of the $100 billion derivatives-powered ETF market has filed for more than 70 new funds in one go, in a bet that amped-up investment products will boom anew despite fears of industry overcrowding and investor exhaustion.Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Resid

Tesla (TSLA) Stock Trades Down, Here Is Why
  • March 18, 2025

Tesla (TSLA) Stock Trades Down, Here Is Why

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 6.3% in the morning session after the EV battle in China continued to heat up as BYD announced its new "Super e-Platform," a technology it claimed could charge electric vehicles in just five minutes. The company added that the new technology had a peak charging speed of 1,000 kilowatts. To put it in perspective, Tesla's latest superchargers maxed out at 500 kilowatts (at the time BYD announced the Super e-Platform), so BYD's tech would