Growth is oxygen.
But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 8.2% in the afternoon session after Jefferies raised its price target on the stock.
Nepal's social media ban ignited deadly Gen Z-led protests over corruption and censorship, leaving 19 dead, over 100 injured, and forcing the interior minister to resign.
A number of stocks fell in the afternoon session after the major indices continued to retreat (Nasdaq -1.5%, S&P 500 -1.2%) amid profit-taking and renewed concerns about tariffs.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how social networking stocks fared in Q2, starting with Yelp (NYSE:YELP).
