Reddit & OpenAI Announce Partnership📱LSPD BDEV 📈 NICE JHX 📉

FlowBank's hand-curated fresh financial news [header_noDither] Reddit Shares Soar After OpenAI Partnership Announcement Reddit shares surged 11% in extended trading following the announcement of a partnership with OpenAI, allowing the ChatGPT maker to train its AI models using Reddit's data. This deal, which also involves OpenAI becoming a Reddit advertising partner and Reddit offering AI features powered by OpenAI, follows a similar arrangement OpenAI has with Google. The collaboration enhances OpenAI’s AI capabilities while providing Reddit with advanced AI functionalities and additional advertising revenue. WHAT'S MOVING [Group 1742 (94)] [Start Trading](113/cXx8Z04/VWzlck68Y_5vW878nzK6dWM1KVmLt1V5f9BFtN5VHnTb2-ZVTW6N1vHY6lZ3kQW4Dd6Bl10Y61rW6v5YL-8xBlfrW7gmrVK7cDTGgW5ZRLwt1M2XW4W8Xx1yR2Xw3d0VjHHrH34yY_jW3X6bg75PFjs2W7nN9q04nJvTSW4Yv5612--hMLW2kZsGm7NBldSW4Y5DTR1lTjDBW1Tjtm-3PHLJFW4wqrPx2Wy8LzW6KdDLZ5D4CqTW7g3PRX5YK_n8W14lCNn60WdrfW3JP85W8stqq2W7YwBW290mVlzN19_gphK4Sx8W82F5vq6jXDs8W3D65d-4Bnqn7W3zggKD7-LlK-f45nH1b04) [Group 3 (88)-1] Canada Goose Canada Goose shares surged 16% after reporting fiscal Q4 earnings with a 22% revenue increase, driven by 29.7% growth in Greater China. Expected mid-single-digit revenue growth for FY 2025. [Group 1754 (38)] Walmart Walmart shares hit an all-time high, closing 7% higher after beating Q1 earnings expectations with a 6% revenue increase to $161.51 billion, driven by 22% e-commerce growth. [Group 1753 (39)] Cisco Despite a 13% revenue drop, Cisco shares rose 8% after beating Q3 earnings estimates and completing the $28 billion Splunk acquisition, which added $413 million in revenue. WHAT'S COMING UP? EUR: CPI (YoY) (Apr): Exp. 2.4%v Prev. 2.4% IN OTHER NEWS Wall Street Despite a modest decline for the major averages on Thursday, market excitement remained high. The Dow briefly surpassed the 40,000 mark, hitting an intraday high of 40,051.05 before closing down 0.1%. The S&P 500 retreated 0.2% after breaking above 5,300 for the first time the previous day. The Nasdaq Composite also reached an all-time high but finished the session down nearly 0.3%. [Group 1769] Europe European stocks closed lower on Thursday, dampening a relief rally sparked by softer-than-expected U.S. inflation data. The pan-European Stoxx 600 fell 0.24%, with sectors mixed. Oil and gas stocks declined 1%, while mining stocks gained 0.9%. 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