Reddit (RDDT) stock surges 20% after Q2 revenue hit $500M, beating estimates. Strong guidance, user growth, and AI initiatives fuel optimism.
Social Media
Trump Media (NASDAQ: DJT) stock fell 6% after a filing enabled Trump to sell shares, deepening investor concerns over valuation risk.
X has suffered outages on Monday, with Elon Musk blaming a cyberattack possibly from Ukraine, but providing no evidence.
Boxer Tyson Fury could have a lucrative post-retirement career, leveraging his massive social media following to expand his food, beverage, and media brands.
Mark Zuckerberg announces appointment of UFC’s Dana White to Meta board, leveraging his Trump ties to counter regulatory and political risks.
Expect federal-state divergence on tech regulation in 2025 as the incoming Trump administration and states like California move in opposite directions.
Elon Musk and Donald Trump are rewriting the political media playbook, leveraging social media’s lack of traditional controls to disrupt power dynamics.
Could Mark Cuban, now an active Bluesky user, one day become an owner? Differences over content moderation may pose a hurdle.
Trump Media stock saw a 13 percent rise and then a 10 percent drop today in a volatile trading session. It’s unclear why.
Trump’s Truth Social tried to cultivate a sentiment of “small guys” resisting Big Tech censorship. But meme stocks have a tendency to burst.