Today: 14 April 2026
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ARCA:SPY 12 January 2026

Reddit stock (RDDT) slips as insider selling hits the tape; CPI report is the next test

Reddit stock (RDDT) slips as insider selling hits the tape; CPI report is the next test

Reddit shares fell 1.1% to $241.85 Monday as the S&P 500 and Nasdaq-100 ETFs edged up 0.2%. Wells Fargo raised its price target to $207 but kept an equal-weight rating. SEC filings showed Reddit’s chief legal officer and CFO sold shares under preset trading plans. Daily active users rose 19% to 116 million, with revenue up 68% to $585 million.

Stock Market Today

  • Chemtrade Logistics Income Fund Shares Drop 18.4% Amid Active Trading
    April 14, 2026, 11:48 AM EDT. Chemtrade Logistics Income Fund (TSE:CHE.UN) shares declined 18.4% on Tuesday, falling to C$14.49 after hitting a low of C$13.51. Trading volume surged 243% to 1.1 million shares, compared to the average of 320,000. Analysts remain mixed with ratings ranging from Strong Buy to Hold; the consensus price target stands at C$19.00. BMO Capital Markets cut its price target to C$18.50, while National Bank Financial raised theirs to C$23.50, both maintaining "outperform" ratings. The company, valued at C$1.62 billion, has a price-to-earnings ratio of 11.82 and operates mainly in North America through its Electrochemicals and Sulphur Products business segments.

Latest article

Amazon to Buy Globalstar in $11.6 Billion Deal to Challenge Starlink, Keep Apple Satellite Features Running

Amazon to Buy Globalstar in $11.6 Billion Deal to Challenge Starlink, Keep Apple Satellite Features Running

14 April 2026
Amazon will acquire Globalstar for about $11.6 billion, aiming to speed up its direct-to-device satellite services and compete with SpaceX’s Starlink. Globalstar shareholders can choose cash or Amazon stock, with 58% already approving the deal. The merger still requires regulatory approval and depends on Globalstar meeting certain operational targets. Globalstar shares rose 9%, Amazon gained 2.7% after the announcement.
Meta Builds AI Version of Mark Zuckerberg for Employees as AI Push Leaves Metaverse Behind

Meta Builds AI Version of Mark Zuckerberg for Employees as AI Push Leaves Metaverse Behind

14 April 2026
Meta is developing an AI version of CEO Mark Zuckerberg, trained on his image, voice, and public statements to interact with employees, the Financial Times reported. The company ended 2025 with 78,865 staff and expects 2026 capital spending of $115–$135 billion, mostly for AI infrastructure and talent. Reuters said Meta has shifted top engineers into a new Applied AI group as part of its internal AI push.
Johnson & Johnson Earnings Beat Estimates, J&J Raises 2026 Outlook Despite Stelara Slump

Johnson & Johnson Earnings Beat Estimates, J&J Raises 2026 Outlook Despite Stelara Slump

14 April 2026
Johnson & Johnson reported first-quarter revenue of $24.1 billion, up 9.9%, and adjusted earnings of $2.70 per share, both above analyst estimates. Sales of cancer drug Darzalex hit $4 billion, while Stelara fell 60% to $656 million. The company raised its 2026 outlook, nudging full-year sales guidance to $100.8 billion. J&J shares slipped 0.27% to $237.96 in early trading.
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