Reddit, Inc.
RDDTReddit, Inc. is a social media platform and online community where users can share, discuss, and vote on a wide variety of content, including news, entertainment, and personal interests. Founded in 2005, Reddit is organized into user-created "subreddits" that cover virtually every topic imaginable, fostering active and diverse online discussions.
Company News
U.S. stocks rallied near record levels on Thursday, driven by strong earnings from major financial firms and renewed AI enthusiasm. Semiconductor stocks led gains following TSMC's blockbuster results and positive capital spending outlook. The Nasdaq 100 jumped 1.2% while the S&P 500 climbed nearly 1%. Jobless claims declined to 198,000, supportin...
Four high-growth stocks are positioned to deliver explosive earnings growth this season: Robinhood (HOOD) with 51.1% EPS growth expected, Reddit (RDDT) with 240.4% EPS growth, IREN with 104.8% revenue growth, and Tempus AI (TEM) with 80.1% revenue growth. All four companies are benefiting from strong industry tailwinds including AI adoption, cryp...
The article recommends The Trade Desk and Reddit as reliable long-term tech investments for the next decade. The Trade Desk, an independent demand-side platform for digital ads, is valued at 12x adjusted EBITDA with expected 18% revenue growth in 2025. Reddit, a discussion-driven platform, is expected to see 65% revenue growth in 2025 and is valu...
A class action lawsuit has been filed against Reddit alleging false statements about user traffic and advertising revenues, primarily due to Google Search's AI features disrupting Reddit's traffic and stock performance.
