Reddit Stock Surges 12%, Set to Join S&P 500 Index This Month
Reddit will join the S&P 500 Index before the US market opens on August 18, driving a 12.45% surge in extended trading. While inclusion enhances market visibility and potential passive fund demand, the traditional "index effect" has moderated. Reddit faces core challenges, including slowing US user growth and search referral volatility driven by AI-powered search changes. Despite a robust second-quarter revenue report, the stock remains down about 31.9% year-to-date as investors weigh long-term traffic sustainability against its growing valuation and strategic positioning alongside Meta Platforms in the social media sector. Source: TradingKey, Trend Spider
Uranium hits highest price since February
Source: Barchart
The Divergence of Commodities and Consumer Inflation (2017–2026)
Source: Lawrence McDonald, Bloomberg
Largest stock market in the world at the time
not always U-S-A... Source: Meb Faber
Market manipulation on Bitcoin
GOLD - new ATH SILVER - new ATH S&P 500 - near ATH NASDAQ - near ATH DOW - new ATH While Bitcoin is down -28% from its peak, having the worst Q4 in the last 7 years without any negative news, FUD, or scandal. There is no explanation for this except pure market manipulation. Source: Bull Theory @BullTheoryio
