My top 10 things to watch Friday, Aug. 14 — Club portfolio director Jeff Marks wrote today’s newsletter. 1. Stocks are headed for a mixed open following Thursday’s record S & P 500 close. Oil is slightly higher after Treasury Secretary Scott Bessent said in an interview with Newsmax that the U.S. is preparing economic…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Reddit was announced officially as the next addition to the S&P 500, prompting a rally for the social media stock in early trading. Stock futures are little changed this morning. Wall Street is coming off a winning day. Here are…
Reddit mascot rings the opening bell, at the New York Stock Exchange (NYSE) in New York City, U.S., March 21, 2024. Brendan McDermid | Reuters Reddit shares rose 11% in extended trading on Thursday on the social media company’s inclusion in the S&P 500. The company will join the index on Aug 18, replacing AvalonBay…
A folder of social media applications, including TikTok, Instagram, X (formerly Twitter), Snapchat, YouTube, Facebook, Threads, Discord, and Messenger. Nurphoto | Nurphoto | Getty Images Millennials may feel a pang of nostalgia at the news of Myspace’s planned revival, but analysts caution that the once-dominant social media platform faces long odds in an overcrowded market…
Evan Speigel, CEO of Snap, speaks with CNBC on June 16th, 2026. CNBC Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts’ estimates. The stock jumped around 12% in extended trading. Here’s how the company did compared with analysts’ expectations: Earnings per share:…
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters When SpaceX finally debuts on the Nasdaq, under the ticker symbol SPCX, it will almost certainly set a record for the largest offering ever. By a long shot. Elon Musk’s reusable rocket maker filed its long-awaited IPO…
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 17% after the report. Here’s…
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit reported better-than-expected profit and revenue in its first-quarter earnings report on Thursday, and…
The front page of the social media website Moltbook on a computer monitor in Washington, Feb. 2, 2026. Raphael Satter | Reuters Meta has acquired Moltbook, the viral social media platform for artificial intelligence agents, the company confirmed Tuesday. The deal brings Moltbook CEO Matt Schlicht and COO Ben Parr into Meta Superintelligence Labs, the…
Sopa Images | Lightrocket | Getty Images Reddit shares rose 6% and then receded to flat in after-hours trading on Thursday after the company reported fourth-quarter earnings that beat on the top and bottom lines and gave strong guidance for the start of 2026. Here’s how the company did compared with LSEG estimates: Earnings per…
