Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.
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Why Reddit Is Blowing Up
Reddit had no shortage of other good numbers to share. Ad revenue increased 56 percent year over year to $315 million, while ...
For the first time in 20 years, Reddit has reported a profit in the third quarter of 2024 with a net margin of 8.6%,.
OpenAI's Sam Altman also said the company's much-anticipated GPT-5 model likely won't be coming this year, citing computing ...
Reddit Inc. shares surged more than 40% on Wednesday after the company’s results and forecast beat analysts’ expectations, ...
Social media giant Reddit once described digital assets as a new frontier—but now has put up a border around them for its ...
Reddit's third-quarter revenue soared 68% to $348.4 million and it reported profit of 16 cents per share.
Reddit Inc. shares have been on a tear since going public earlier this year, and the social-media company’s unique place in ...
After launching ChatGPT Search, a new search engine feature that connects ChatGPT to real-time information, Altman and other ...
The platform, Troveo, launches with $4.5 million in seed funding and says it has "deals in place with prominent AI companies to pay out more than $5 million to content owners and digital rights ...
Reddit may have lost some users during last year's protests and Reddit's subsequent evolution. But financially, Reddit ...