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US President Trump: Iran has been asking whether US sanctions can be lifted.Futures News, November 7th: Crude oil prices continued to decline, resulting in weak trading activity in the fuel oil market. A wait-and-see attitude is prevailing, with purchases mainly consisting of small, immediate needs. Actual market activity is sluggish, and it is expected that fuel oil negotiations today will still face some risk of a slight downward correction.New York gold futures broke through $4,000 per ounce, up 0.23% on the day.On November 7th, the Russian Ministry of Defense released a battle report on November 6th, stating that in Pokrovsk (known as the Red Army City in Russia) in the Donetsk region, Russian forces continued their attacks on besieged Ukrainian troops, seizing control of 64 buildings within a 24-hour period and repelling more than ten Ukrainian attempts to break the siege. Furthermore, Russian forces struck Ukrainian targets in 149 areas, including energy and transportation infrastructure, drone storage and launch sites, and temporary deployment points for Ukrainian troops and foreign mercenaries. Within a day, they destroyed or shot down two guided-missile bombs, more than 200 drones, and over 10 armored vehicles. The General Staff of the Ukrainian Armed Forces stated on the 6th that Ukrainian forces repelled hundreds of Russian attacks in multiple directions, including Pokrovsk (known as the Red Army City in Russia), and reinforced military units defending the city. The Ukrainian Armed Forces also stated that on the 5th, they attacked a drone storage, assembly, and launch site in the Donetsk airport area and assaulted the Volgograd oil refinery in Russia.A sell-off in US tech stocks triggered a sharp decline in Japanese chip-related stocks, with SoftBank Group falling 7.7%.

Reddit Plans An IPO For The Second Half of 2023, According to The Information

Charlie Brooks

Feb 15, 2023 11:19

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Reddit Inc plans to go public later this year, most likely in the second half, the Information reported on Tuesday, citing sources familiar with the situation.


Reddit and other companies, like Instacart, are keeping their initial public offering documentation current in preparation for their debuts when market circumstances improve, according to the article.


Reddit failed to react promptly to Reuters' request for comment.


As a result of a selloff in high-growth technology firms and instability in the capital markets, investor confidence deteriorated and the IPO market came to a virtual stop in 2017.


Reddit filed confidentially for an IPO with the U.S. securities commission in December 2021, after the company's message boards became the go-to destination for day traders amid the meme stock craze.