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Saturday, May 18, 2024


Rave Restaurant Group Stock increased 3.83% following new CFO

RAVE's stock price increased by 3.83% following the appointment of Jay Rooney as its new Chief Financial Officer. The company's shares rose in response to the announcement.

Reddit Stock Price up almost 50% since IPO

Reddit Inc. (NASDAQ: RDDT) has seen its stock price soar by nearly 50% since its debut on the NASDAQ stock exchange on March 21, 2024.

AI is already taking jobs, with companies likely to replace workers

The International Monetary Fund (IMF) predicts that nearly 40 percent of global employment is exposed to AI, with advanced economies facing greater risks and opportunities compared to emerging markets and developing economies.

Home costs set to decrease following NAR settlement

The National Association of REALTORS® (NAR) has announced a settlement agreement that could lead to decreased home-buying costs for American consumers. The agreement, which is subject to court approval, resolves claims brought on behalf of home sellers related to broker commissions and the Multiple Listing Service (MLS).

Adidas struggles with first loss in 30 years

Adidas has reported its first annual loss in more than three decades. The company posted a net loss of €58 million for 2023, a contrast to the €254 million net income it recorded in the previous year.

Oracle stock increases 10% following earnings report

Oracle Corporation, a leader in cloud computing and database technology, has seen its stock price surge by more than 10% following the release of its fiscal 2024 third-quarter financial results. The company's strong performance is due to its successful transition to cloud-based services and its ability to attract large contracts for its Gen2 AI infrastructure.

Coinbase shares surge as Bitcoin hits all-time high

Coinbase (COIN) shares have risen more than 3% today as Bitcoin reaches new all-time highs. The recent approval and launch of U.S.-listed spot Bitcoin ETFs, along with the growing excitement surrounding the upcoming Bitcoin Halving event, have created a case for the world's largest cryptocurrency exchange.


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