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Reddit Inc. surged 17.82% in after-hours trading on Thursday after reporting second-quarter results that crushed Wall Street ...
As people increasingly turn to AI chatbots like ChatGPT for quick and conversational answers, most marketers remain ...
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Investor's Business Daily on MSNDow Jones Futures: Amazon, Apple, Reddit Are Earnings Movers, Trump Hikes Canada Tariffs; Jobs Report Due
Dow Jones futures fell slightly Thursday night, along with S&P 500 futures and Nasdaq futures, with Amazon.comAMZN skidding on earnings and President Donald Trump setting tariffs on dozens of ...
Reddit’s total revenue increased 78 per cent year-over-year to $500 million, ad revenue increased 84 per cent year-over-year to $465 million, and other revenue reportedly increased 24 per cent ...
The company is also accelerating its AI strategy with major hires, investments, and large-scale data center projects.
While Reddit's ad business is ascendent, it's still working on a strategy for getting the most out of its generative AI partnerships.
We view Reddit as a differentiated social media platform centered around communities and shared interests called “subreddits.” Users engage within these subreddits through posts and comments, creating ...
Management raised Q3 revenue guidance to a 54%-56% growth range, up from Q2's guidance midpoint of 50% in the previous quarter. Strategic focus shifted from a broader set of initiatives to a more ...
OpenAI abruptly removed a ChatGPT feature that made conversations searchable on Google, sparking privacy concerns and industry-wide scrutiny of AI data handling.
To continue to build out search, Reddit is “expanding Reddit Answers globally, integrating it more deeply into the core ...
Reddit is investing in search after hitting 70M weekly queries, with Reddit Answers expanding and deeper integration on the way.
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 ...
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