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Reddit Swings to 2nd-Quarter Profit

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 · 3h

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.

Insider on MSN · 16m

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 · 1h

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 · 46m

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 off

Barron's on MSN · 2h

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

2hon 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 ...

9mon 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 search engine." ...

24/7 Wall St.2h

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 ...

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 ...

13hon 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 ...

Reddit Prioritizes Search, Sees 5X Growth in AI-Powered Answers

Reddit is investing in search after hitting 70M weekly queries, with Reddit Answers expanding and deeper integration on the way.

23h

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 ...

Stock Movers: Apple, Amazon, Reddit

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

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