reddit to says points 500m new

Our Methodology

We searched the Reddit WallStreetBets forum, picking stocks that have captured the interest of most Redditors over the past few days. These stocks have gained momentum in the market, and we have mentioned the increase in share price over the last five days as of March 23.

Data from 900+ elite hedge funds tracked by Insider Monkey in Q4 2021 was used to identify the number of hedge funds that hold stakes in each firm.

Reddit WallStreetBets Stocks That Are Rising

10. ContextLogic Inc. (NASDAQ:WISH)

Gain in Share Price in the Last 5 Days as of March 23: 25.13%

Number of Hedge Fund Holders: 13

ContextLogic Inc. (NASDAQ:WISH) is an e-commerce company with primary operations in Europe, North America, and South America.

According to the website:

“Your Community Points exist on the blockchain, independently of Reddit, where they can only be controlled by you (just like Bitcoin (BTC) !).”

How will we pull this off?

Reddit has partnered with @OffchainLabs (@arbitrum) and created our own separate instance.

Community points for 2 subreddits (~80,000 users) are already on Rinkeby Testnet on our Arbitrum network (separate to Arbitrum One).

— Rahul (@iamRahul20x) November 3, 2021

Reddit’s partnership with Offchain Labs’ Arbitrum network will allow for the creation of a separate blockchain instance, to be used for storing users’ tokenized community points.

The company continues to improve its various Al-driven models, which has significantly widened the top of the application funnel, or the overall universe of loan applicants. Additionally, more accurate predictions on risk can lead to higher approval rates, which tap into larger lead pools and may ultimately translate into higher loan volume and revenue. While Upstart Holdings, Inc. (NASDAQ:UPST)’s share price has given back a significant component of its meteoric rise since the company’s December 2020 IPO, the price remains up approximately 150% for the year.
We maintain that Upstart Holdings, Inc. (NASDAQ:UPST) is an innovative and disruptive Al company. In our view, fundamentals remain strong, with revenues growing 250% year over year, driven by 244% year-over-year growth of loan volume, which exceeded consensus estimates.

Reddit to says points 500m news

The other is the $200 million Arete Fund I, which is focused on firms with advanced growth, raising larger Series A and B rounds of capital.

One of the company’s goals is to increase the participation of women in the cryptocurrency industry. According to a report published in August, men cryptocurrency investors outnumber female investors by a factor of two. It also wants to make it as easy as possible for users to utilise crypto-based products, to the point where they don’t even realise they’re engaging with blockchain tech.

Ohanian’s company teamed up with Solana Labs to invest $100 million in decentralised social media last year.

He thinks Solana’s high performance blockchain can help realise the Web 3 goal, which combines Web 2 features with Web 1 user ownership and control. A month later, he invested $200 million in a very similar venture with Polygon.

Soccer told him that a meeting was not necessary for the NASL to apply for division sanctioning before an August deadline for any league.

Commisso’s main requests were a 10-year “runway” to meeting Professional League Standards, and the ability to own multiple teams. He’s also a proponent of promotion and relegation, rules against leagues “poaching” teams, and several measures of transparency and open bidding.

He admits he was stung that after investing millions of dollars to keep the NASL alive, the USSF removed its second division status “five and a half months after my first game,” while the rival USL got more time to fulfill Professional League Standards.

He also rejects the close relationship between MLS and the USL.

“It’s monopoly galore,” he said. “The USL is largely farm teams for MLS. B Teams.”

So what happens if U.S.

Reddit wasn’t that big for the first year or so of operation, and the founders have admitted that many of the accounts were sock puppets intended to drive initial traffic. The loss of private messages may be more serious, although they are all over a decade old.

Reddit also said that some email digests sent out between June 3 and June 17 have been stolen, showing which safe-for-work subreddits some email addresses were following. Affected users will be contacted by the biz if they were caught up in the theft.

The statement also mentions that the Reddit source code, internal logs, configuration files, and other employee workspace files were accessed.

“In other news, we hired our very first Head of Security, and he started 2.5 months ago,” said Reddit CTO Christopher Slowe.

Profits have been declining ever since, including massive operating losses of $400m in 2019 and $238m in 2020. Revenues have declined precipitously as well, from $8.3b in 2018, to $6.5b in 2019, to just $5.1b in 2020.”

8. Upstart Holdings, Inc. (NASDAQ:UPST)

Gain in Share Price in the Last 5 Days as of March 23: 13.02%

Number of Hedge Fund Holders: 20

Upstart Holdings, Inc.
(NASDAQ:UPST) was founded in 2012 and is headquartered in San Mateo, California. Upstart Holdings, Inc. (NASDAQ:UPST) is a financial technology company that leverages artificial intelligence to provide lending platforms in the United States.

On February 15, Upstart Holdings, Inc. (NASDAQ:UPST) reported its fourth quarter earnings, posting an EPS of $0.89, topping analysts’ predictions by $0.38.

NYSE:PLTR), and the stock has climbed close to 12.5% in the last few days.

On March 9, Piper Sandler analyst Weston Twigg initiated coverage of Palantir Technologies Inc. (NYSE:PLTR) with an Overweight rating and a $15 price target. The analyst noted that Palantir Technologies Inc. (NYSE:PLTR) is improving its operational effectiveness by leveraging software, AI, and data into “powerful, central IT solutions”. Additionally, the Ukraine war could result in quicker technology adoption by the U.S.

and international government clients, the analyst contended.

Among the hedge funds tracked by Insider Monkey, 33 hedge funds reported owning stakes in Palantir Technologies Inc. (NYSE:PLTR), compared to 35 funds in the prior quarter. ARK Investment Management is the biggest shareholder of the company, with a $642.5 million position.

In addition to Shopify Inc.

The share price also trades at levels that are disconnected from the business fundamentals and are sustained solely due to ongoing support from certain retail investors, the analyst added.

In the fourth quarter of 2021, 14 hedge funds were long GameStop Corp. (NYSE:GME), up from 9 funds in the prior quarter. Citadel Investment Group is a prominent shareholder of the company, with 120,085 shares worth $17.8 million.

Hereis what Bireme Capital has to say about GameStop Corp. (NASDAQ:WISH) in its Q3 2021 investor letter:

“Remarkably, Reddit traders have initiated not one but two stratospheric climbs in the GME share price since the start of the year.

In January, the shares reached $300, up from $10 last October.

In Q4 2021, 13 funds reported owning stakes worth roughly $28 million in ContextLogic Inc. (NASDAQ:WISH), compared to 14 funds in the previous quarter, holding stakes in the company valued at $17 million.

Among the hedge funds tracked by Insider Monkey, Maple Rock Capital was the leading shareholder of ContextLogic Inc. (NASDAQ:WISH) in Q4, with 3.2 million shares worth over $10 million.

In addition toShopify Inc. (NYSE:SHOP), Alibaba Group Holding Limited (NYSE:BABA), and Tesla, Inc. (NASDAQ:TSLA), ContextLogic Inc. (NASDAQ:WISH) is currently popular among Redditors.

9. GameStop Corp. (NYSE:GME)

Gain in Share Price in the Last 5 Days as of March 23: 65.69%

Number of Hedge Fund Holders: 14

GameStop Corp.

In this article, we discuss 10 Reddit WallStreetBets stocks that are rising. If you want to see some more stocks in this selection, click5 Reddit WallStreetBets Stocks That Are Rising.

WallStreetBets is perhaps the most active investing forum on Reddit, where retail investors frequently discuss their latest calls, celebrate their gains, and bemoan their losses. WallStreetBets came into the spotlight during 2021, when the GameStop Corp.

(NYSE:GME) short squeeze led to losses worth billions of dollars for the hedge fund managers who bet against the stock. Reddit’s WallStreetBets is famously referred to as the “GameStop Kingmaker”.

Reddit investors have changed the face of retail investing, and the community has proven to be a resilient force in the stock market.

One where even users can earn by curating content.

Recently read a beautiful thread by @evan_greer on smth similar:

— Rahul 🔊🦇 (@iamRahul20x) November 3, 2021

Because Reddit collaborated with OffChain Labs’ Arbitrum network, a second Blockchain instance will be created to store users’ tokenized community points.

How will we pull this off?

Reddit has partnered with @OffchainLabs (@arbitrum) and created our own separate instance.

Community points for 2 subreddits (~80,000 users) are already on Rinkeby Testnet on our Arbitrum network (separate to Arbitrum One).

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