WS #14079
Reddit (RDDT) added to S&P 500, replacing AvalonBay, with shares jumping 11% on index fund buying, a positive catalyst for the stock and social media sector. OpenAI's C-suite instability with departures of revenue chief and operating chief raises red flags ahead of its IPO, pressuring AI sentiment and related tech names.
Reddit S&P 500 inclusion
Reddit (RDDT) added to S&P 500, replacing AvalonBay, with shares jumping 11% on index fund buying, a positive catalyst for the stock and social media sector.
OpenAI's C-suite instability with departures of revenue chief and operating chief raises red flags ahead of its IPO, pressuring AI sentiment and related tech names.