πŸ“ˆ Reddit's IPO Blowout

Plus: Apple caught up in an antitrust lawsuit

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Good Morning!

First up, Reddit's stock did a bit of a wobbly dance, sliding down 9% - seems like the investors' honeymoon phase might be over. Then there's Apple, whoops! They accidentally wiped out over $100 billion in value, as easy as deleting an app, thanks to a lawsuit alleging they've been hogging the mobile market like it's their private orchard. And for the grand finale, get ready for this: we've spotted a once-in-a-generation investment gem! An AI growth stock so shiny, you might want to buy it now and hold onto it forever, like that favorite pair of jeans you can't part with.

Grab your Lavender CrΓ¨me Frappuccino and let's get into it! β˜•οΈπŸ‘‡οΈ
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Markets

Apple's Baidu Link, Nissan sales, STOXX 600 growth - what's moving markets (5 minute read)
Apple's latest tech tango? They're rumored to be cozying up with Baidu, eyeing the Chinese internet titan's AI models for their adventures in China. Meanwhile, Nissan is revving up with a brand new three-year business plan – talk about shifting gears! Over in finance land, Goldman's giving European stocks a thumbs-up, turning a bit more cheery about their prospects. But, oh, Wall Street seems to be waking up on the wrong side of the bed as the new week looms, with a not-so-sunny start on the horizon. Talk about a mixed bag of business news!

Investing

Reddit Stock Wobbles in 9% Slide a Day After Blowout IPO Chalks Up Super Gains (2 minute read)
RDDT shares were like a balloon on Friday, inflating 48% and making Reddit the belle of the ball with a $9.5 billion valuation. But, as with most parties, the next day brought a bit of a reality check. Shares dipped 9%, landing at $46 each, as investors rubbed their eyes and reconsidered in the cold light of day. This wild ride marks a techy thumbs-up from investors, showing they're still jazzed about tech companies hitting the public scene. Plus, Reddit's the first social media darling to go public since Pinterest in 2019.

A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold Forever (6 minute read)
The CEO of Arm Holdings (ARM) is buzzing with excitement, declaring AI the "most profound opportunity of our lifetimes." Think about it – a world where AI isn't just cool tech talk, but a goldmine of productivity worth trillions! Arm Holdings isn't just watching from the sidelines; they're in the game, strategizing to hit the jackpot with this AI bonanza. And guess what? Early signs show their plan isn't just a shot in the dark – it's starting to pay off, with hints of even bigger wins on the horizon.

Apple Stock Wipes Out Over $100 Billion in Value After US Files iPhone Monopoly Lawsuit (2 minute read)
Thursday wasn't Apple's day, was it? AAPL shares took a 4% tumble after the US Justice Department pointed an accusing finger at them for playing the monopoly game a bit too seriously in the mobile phone market. Picture this: 16 state attorneys general teaming up like superheroes, aiming to take down the giant that is the iPhone. They're claiming Apple broke some big rules by hogging the competition and making entire industries lean on their device like it's the only game in town.

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