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Reddit surges

Reddit stocks surge as AI-intensive advertising strategy draws Wall Street plaudits

Reddit stock climbed 15% Friday after it revealed its second-quarter results, with revenue up 78% year-over-year to about $500 million and EPS hitting $0.45, far surpassing Wall Street expectations. Most Wall Street analysts were impressed by the company’s ad business,

Reuters on MSN · 22h

Reddit surges as AI-driven ad strategy wins praise from Wall Street

Reddit's shares surged 15% on Friday after it reported quarterly results that exceeded Street expectations, boosting investor confidence in the platform's AI-based advertising tools and strong user engagement.

Observer · 10h

Reddit’s A.I. Tools Drive 78% Revenue Surge in Best Quarter Since IPO

Reddit’s recently launched A.I. marketing tools are already fueling strong advertising growth. In the latest quarter ended June, the social media company reported a 78 percent year-over-year revenue increase to $500 million,

Reddit, Steve Huffman

Fast Company · 1d

Reddit stock is soaring today. CEO Steve Huffman says it’s good news for humans in an AI world

You can’t have artificial intelligence without actual intelligence,' the social media boss said during a Q2 earnings call this week. Investors seem to agree.

MarketWatch on MSN · 20h

Reddit’s stock is soaring, and analysts think it has further to go

Analysts are raising their Reddit price targets and reiterating their buy ratings after the social-media platform’s better-than-expected second-quarter results.

Engadget on MSN · 1d

Reddit should be a 'go-to search engine,' Steve Huffman says

Reddit is going to be leaning even harder into search in the coming months. The company has already been working on a plan to integrate its LLM-powered search into its main search feature, but CEO Steve Huffman said he wants users to think of the site as an actual search engine.

1don MSN

Reddit revenue soars as it bets on AI and advertising

One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The ...

Reddit wants to take on Google, aims to become a search engine

Reddit, the world's most popular discussion forum is now planning to enter the Google dominated search engine space.

18h

Reddit Wants to Replace Google as the Internet’s Top Search Engine. Investors Are All In

Reddit is already one of the most visited social media sites on the internet. Now the company is looking to parlay that popularity into search engine dominance. “The world and the Internet are rapidly ...

TalkAndroid13h

Reddit Sets Its Sights on Search Engine Status with AI Answers Push

Reddit wants to kill the Google hack. The platform officially declared its intent to become a full-fledged search engine, according to its latest Q2 ...

CNET on MSN19h

Reddit Shifting Towards Search as Company Wants to Become a Search Engine

It seems a natural direction for Reddit, which now has more than 70 million weekly active users on its search function and ...

1don MSN

Reddit wants to be a search engine now

To continue to build out search, Reddit is “expanding Reddit Answers globally, integrating it more deeply into the core ...

Investor's Business Daily on MSN1d

Reddit Stock Rallies With Q2 Report Due Soon. Here's What To Watch For.

Reddit is rallying Thursday ahead of its second-quarter earnings due later this afternoon. User growth will be in focus.

3don MSN

Reddit (RDDT) Is on a Roll: Analyst Hike Follows Strong Q1 and AI Upgrades

Reddit, Inc. (NYSE:RDDT) is one of the Trending AI Stocks on Wall Street. On July 23, Needham analyst Laura Martin raised the ...

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