Stocks’ choppiness in October can be an opportunity

Stocks’ choppiness in October can be an opportunity

A view from the Alaska Bootanical Park, fall, Halloween and harvest season themed version of the Alaska Botanical Park with special displays, inside the Far North Bicentennial Park, Alaska, United States on September 22, 2024.  Hasan Akbas | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more

Roblox will let developers sell games for real money, not just Robux

Roblox will let developers sell games for real money, not just Robux

The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021. NYSE Roblox, the popular kid’s gaming platform that generates billions of dollars a year in the virtual world, is getting real. The company said on Friday that some game developers on the platform will be … Read more

Tech founders are shunning IPOs after extended market lull: Techstars

Tech founders are shunning IPOs after extended market lull: Techstars

Pedestrians pass the Nasdaq MarketSite in New York, US, on Tuesday, Jan. 2, 2024. Michael Nagle | Bloomberg | Getty Images Silicon Valley is known for producing tech businesses that start in garages and turn into massive publicly traded companies ubiquitously known across the globe. From Oracle and Microsoft to Google and Facebook, the public … Read more

Roblox shares drop more than 20% as company cuts annual bookings forecast on muted player spending

Roblox shares drop more than 20% as company cuts annual bookings forecast on muted player spending

Rafael Henrique | Lightrocket | Getty Images Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. Roblox shares fell more than 20% in early trading Thursday. The lowered forecast marks the latest … Read more

Reddit files to list IPO on NYSE under the ticker RDDT

Reddit files to list IPO on NYSE under the ticker RDDT

Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock Exchange under the ticker symbol “RDDT.” Its market debut, expected in March, will be the first major tech initial public offering of the year. It’s … Read more