📅 Market & Crypto Brief – July 29, 2025: Google Surges, BTC Nears $70K, Fed Watch Begins

TL;DR

Markets opened the week on a high note as Google earnings beat, Bitcoin neared $70K, and investors braced for a key Fed update due Wednesday. Tesla and Reddit also made headlines.


🏦 U.S. Stock Market Snapshot

Index Close Move
S&P 500 6,302 ▲ +0.28%
Nasdaq 20,140 ▲ +0.47%
Dow Jones 40,145 ▲ +0.19%

Strong earnings from Alphabet and cautious optimism ahead of the Fed meeting lifted sentiment.


📈 Top Gainers Today

  • Google (GOOGL) ↑ +6.2% after Q2 earnings beat

  • Krispy Kreme (DNUT) ↑ +9.4% on meme stock buzz

  • Palantir (PLTR) ↑ +4.9% on AI defense contract rumors


Bitcoin

🪙 Crypto Market at a Glance

Coin Price 24h Change
Bitcoin $68,900 ▲ +1.8%
Ethereum $3,560 ▲ +1.2%
Solana $178 ▲ +2.9%
  • BTC ETF inflows top $580M this week

  • Google Trends: “Buy Bitcoin now” up 41%

  • Crypto stocks (MARA, COIN) saw light gains


🚗 Tesla’s Robotaxi Countdown Begins

  • August 8: Tesla to reveal steering-less Robotaxi

  • Backed by $16.5B Samsung chip deal

  • TSLA up +4.7% as AI momentum continues


🧾 Reddit IPO Buzz

  • New S-1 draft filed

  • Target valuation: $10–11B

  • Could list as early as Q4 2025


🏦 Fed Watch: All Eyes on Powell

  • Fed decision due Wednesday, July 31

  • No rate hike expected, but forward guidance on inflation eyed

  • Market pricing in 67% odds of rate cuts by December

📈 Reddit IPO Buzz Is Back: What We Know So Far

TL;DR

Reddit is back in the IPO spotlight after internal docs hint at a $10–11B valuation and a late 2025 listing window. With renewed user growth and AI integration, markets are watching closely.


💼 Why Reddit IPO Is Back in Focus

  • Reddit filed an updated draft S-1 with the SEC last week

  • Target valuation: $10.8 billion

  • Sources say listing could happen as early as November 2025

  • Reddit is testing AI moderation + advertising tools with OpenAI partners


👀 Financials & Platform Reach

  • Monthly Active Users (MAUs): 94 million

  • Revenue (Q2 2025 est): ~$225 million

  • Top ad segments: Tech, Finance, Crypto

Reddit is now monetizing community influence through premium advertising and Reddit Pro features.


🧠 Strategic Moves

Move Why It Matters
Partnered with OpenAI AI content moderation & feed curation
Expanded to India, Brazil Fast-growing Reddit user markets
Launched “Reddit Pro” Premium tools for power users & creators

📊 Market Sentiment

  • Retail investors are watching this as the next meme stock moment

  • Analysts compare Reddit’s IPO potential with Pinterest, Snap, even Twitter’s early days

  • Risk: Ad revenue is still small compared to Meta or YouTube

“Reddit has cult power. The IPO won’t be about revenue — it’s about narrative,” says Rich Greenfield (LightShed)


💬 Community & Culture: Reddit’s Real Value?

Reddit’s edge lies in:

  • Organic virality

  • Deep user engagement

  • Meme power (WallStreetBets, CryptoMoonShots, etc.)

IPO hype could revive Reddit-centric trading similar to 2021’s GME/AMC mania.


🔮 What to Watch

  • Final S-1 filing + roadshow date

  • If Robinhood adds pre-IPO access

  • Valuation vs. peers (Pinterest $13B, Snap $17B)