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Reddit Swings to 2nd-Quarter Profit

Reuters on MSN · 8h

Reddit forecasts strong revenue on AI-driven ad strength, shares surge

Reddit forecast third-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising driven by its artificial intelligence-powered marketing tools. Shares of the company,

The Wall Street Journal on MSN · 9h

Reddit Swings to Second-Quarter Profit as AI-Driven Improvements Boost Ad Revenue

Reddit’s AI-driven advertisements have helped the company draw in more business, pushing revenue up 78% to $499.6 million, said CFO Drew Vollero.

Business Insider on MSN · 6h

Reddit says it's doubling down on native search as it reports its 'most profitable quarter yet'

Google might be near synonymous with online search, but Reddit believes it can take a piece of that internet traffic pie.

Reddit’s stock is soaring

MarketWatch on MSN · 6h

Reddit’s stock is soaring after earnings. This is why.

Shares of Reddit Inc. were up more than 11% in extended trading Thursday after the social-media platform’s second-quarter results blew past Wall Street’s expectations for revenue and earnings, boosted by surging ad revenue and robust user growth.

TechCrunch on MSN · 7h

Reddit revenue soars as it bets on AI and advertising

Last month, the company launched two new features for advertisers: Reddit Insights, a tool that leverages the billions of posts and comments on the platform to spot trends and offer real-time insights for campaign strategies,

Barron's on MSN · 8h

Reddit Stock Jumps 15% on Big Earnings, Sales Beats

Reddit CFO Drew Vollero told Barron’s that much of the DAU growth is coming internationally as the company continues to translate content to other languages. International DAUq

6hon MSN

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 as Steve Huffman wants the site to become a "go-to ...

4hon 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 ...

11m

Reddit Skyrockets 18% After Hours As Q3 Outlook, Earnings Beat Spark Investor Frenzy

Reddit Inc. surged 17.82% in after-hours trading on Thursday after reporting second-quarter results that crushed Wall Street ...

9h

Reddit shares jump more than 15% on second-quarter sales and guidance beat

Reddit's sales grew 78% year-over-year in the second quarter and was 17% above consensus estimates, representing the biggest ...

20hon MSN

How to turn Reddit hype into real dollars, as meme-stock mania returns to markets

Opendoor, Kohl's, and Wendy's are among the new crop of meme stocks, giving their bosses a chance to turn good vibes into ...

32m

Reddit plans major AI push to rival Google in search engine market: Report

Reportedly, Reddit is focusing on search tools and AI features to turn the platform into a full search engine and reduce dependence on Google ...

1d

Reddit set to report Q2 earnings as Wall Street scrutinizes daily active user growth

Wall Street analysts tracked by Bloomberg expect Reddit to report earnings per share of $0.72, up from last year's loss per ...

24/7 Wall St.9h

Live: Will Reddit (RDDT) Rally After Earnings Today?

Live Updates Live Coverage Updates appear automatically as they are published. Here's What Wall Street Expects from Reddit ...

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