Reddit power users balk at chance to participate in IPO as debut nears

Reddit power users balk at chance to participate in IPO as debut nears

Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2 million members and was the subject of her Ph.D. dissertation. She’s been a lurker on the forum since 2012. But when the subject turns to … Read more

The top 10 things to watch in the stock market Friday

The top 10 things to watch in the stock market Friday

Our top 10 things to watch Friday, March 15 1. Stocks opened lower Friday, following a losing day on Wall Street. The S & P and Dow Jones are still pacing to end the week in the black, while the Nasdaq is on track to finish lower. Meanwhile, bitcoin dropped around $5,000 overnight to about $67,000 … Read more

EV euphoria is dead. Automakers trumpet consumer choice in U.S.

EV euphoria is dead. Automakers trumpet consumer choice in U.S.

Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state of EV euphoria. Automakers trotted out optimistic sales forecasts for electric models and announced ambitious targets for EV growth. Wall Street boosted valuations for legacy automakers and startup … Read more

Markets brace for key U.S. inflation gauge

Markets brace for key U.S. inflation gauge

A customer shops at a supermarket in Oregon. Wang Ying | Xinhua News Agency | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. … Read more

Conflicting signals on U.S. jobs market

Conflicting signals on U.S. jobs market

Miami Beach, Florida, McDonald’s restaurant, now hiring sign, starting at $11 an hour. Jeffrey Greenberg | Universal Images Group | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

A mixed picture on U.S. jobs growth

A mixed picture on U.S. jobs growth

Workers at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023.  Eric Thayer | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

U.S. CEOs feel more upbeat on economy

U.S. CEOs feel more upbeat on economy

Workers look on ahead of remarks by US President Joe Biden, not pictured, at an Amtrak facility in New Castle County, Delaware, on November 6, 2023. Andrew Caballero-Reynolds | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

Starting price and performance details

Starting price and performance details

Rivian CEO RJ Scaringe stands next to a R2 SUV at an unveiling event in Laguna Beach, California, U.S., March 7, 2024.  Mike Blake | Reuters Rivian Automotive surprised consumers and next new vehicle will be an all-electric midsize SUV called the R2 that’s expected to start around $45,000 when it goes on sale in … Read more

Tesla Model Y, Toyota hybrids make Consumer Reports’ top 10 ranking

Tesla Model Y, Toyota hybrids make Consumer Reports’ top 10 ranking

Toyota hybrid vehicles for sale at a dealership in Chicago, Feb. 6, 2024. Scott Olson | Getty Images Hybrid vehicles led the 2024 top vehicle rankings released Tuesday by influential product testing organization Consumer Reports. Such “electrified” vehicles, including plug-in hybrid models, represented six of the top 10 picks by the nonprofit consumer organization. The … Read more

Rivian and Lucid shares plunge after weak EV earnings reports

Rivian and Lucid shares plunge after weak EV earnings reports

A Rivian electric truck sits parked in front of a Rivian service center on August 08, 2023 in South San Francisco, California. Justin Sullivan | Getty Images Shares of electric vehicle makers Rivian and Lucid plummeted Thursday after the companies reported disappointing results and stagnant production in their fourth-quarter earnings after the bell Wednesday. Rivian … Read more