Reddit Rises 48% in First Day of Trading
The social media company’s debut on the New York Stock Exchange was one of the first major tech initial public offerings of the year.
By Mike Isaac and Lauren Hirsch
Lauren Hirsch joined The New York Times from CNBC in 2020, covering deals and the biggest stories on Wall Street. She helped lead the The Times's coverage of Elon Musk's $44 billion acquisition of Twitter. She also broke news of the $11 billion leverage buyout of Dunkin' Brands and JetBlue's $3.6 billion bid for Spirit Airlines.
At CNBC, she covered retail for two years, breaking news of Toys "R" Us's bankruptcy. She later covered the cross-section of business and policy. Previously, she was a mergers and acquisitions team leader at Reuters, focusing on consumer and retail deals. Ms. Hirsch studied comparative literature at Cornell University and has an M.B.A. from the Tuck School of Business at Dartmouth College.
The social media company’s debut on the New York Stock Exchange was one of the first major tech initial public offerings of the year.
By Mike Isaac and Lauren Hirsch
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
The social media company raised $748 million in the offering. Its shares begin trading on the New York Stock Exchange on Thursday.
By Mike Isaac and Lauren Hirsch
The organization’s parent company admitted no wrongdoing but agreed to pay the fighters, who had accused it of suppressing their pay.
By Lauren Hirsch
Hiring Mustafa Suleyman, the DeepMind co-founder, is a coup for the tech giant’s ambitions. But regulators may be skeptical.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
The chipmaker unveiled a new high-speed processor at its developer conference to power an “industrial revolution,” but its sky-high valuation is coming under scrutiny.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
The hedge fund mogul has been bankrolling a European patent fight against Intel, Dell, Amazon and other tech giants.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
TikTok’s turn in geopolitical cross hairs highlights the narrowing paths to liquidity for investments in Chinese companies.
By Lauren Hirsch and Michael J. de la Merced
The longtime corporate agitator feels misunderstood. Maybe his fight with Disney could change that.
By James B. Stewart and Lauren Hirsch
Potential bidders are circling TikTok as many in Congress demand its split from its Chinese parent. But obstacles remain, starting with Beijing.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni