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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

  • Equinix (EQIX) Upgraded to Zacks Rank #2 Buy on Rising Earnings Estimates
    May 19, 2026, 1:28 PM EDT. Equinix (EQIX), a data center operator, has been upgraded to Zacks Rank #2 (Buy) due to rising earnings estimates, a key driver for stock prices. This Zacks rating reflects an improved earnings outlook based on consensus EPS (earnings per share) estimates from sell-side analysts. Institutional investors use these earnings trends to assess stock fair value, influencing large share transactions and price movements. For the fiscal year ending December 2026, Equinix is forecast to earn $42.52 per share. The upgrade underscores growing investor confidence in Equinix's business prospects and indicates potential upward momentum for its stock.

Latest articles

Chewy Slides After Consumer Warning

Chewy Slides After Consumer Warning

19 May 2026
Chewy shares fell 7.8% to $19.95 in midday trading Tuesday after CEO Sumit Singh warned of increased consumer spending pressure at a JPMorgan conference. Trading volume topped 10.3 million shares. The drop outpaced declines in the S&P 500 and Nasdaq. Chewy reports fiscal first-quarter results before markets open June 10.
Kroger Shares Trade as Investors Watch Price Cuts

Kroger Shares Trade as Investors Watch Price Cuts

19 May 2026
Kroger shares rose 3.8% to $70.89 in midday trading Tuesday, outpacing gains in Walmart and Costco as Amazon fell. The move extends Monday’s rally, with investors reacting to new CEO Greg Foran’s focus on pricing and store execution. No new earnings were released. Volume reached about 3.54 million shares.
Hut 8 shares fall again as AI infrastructure push grows

Hut 8 shares fall again as AI infrastructure push grows

19 May 2026
Hut 8 shares dropped 5.5% to $90.88 in midday Nasdaq trading Tuesday after the company announced a $16 million investment in water infrastructure for its River Bend AI data center in Louisiana. The project, agreed with West Feliciana Parish, includes a new well and water main, with completion expected in late 2026. Bitcoin prices remained steady near $76,486.
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