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Reddit Swings to 2nd-Quarter Profit

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.

The Wall Street Journal on MSN · 2d

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.

Observer · 1d

Reddit’s A.I. Tools Drive 78% Revenue Surge in Best Quarter Since IPO

Reddit’s recently launched A.I. marketing tools are already fueling strong advertising growth. In the latest quarter ended June, the social media company reported a 78 percent year-over-year revenue increase to $500 million,

Reddit, Steve Huffman

Fast Company on MSN · 1d

Reddit stock is soaring today. CEO Steve Huffman says it’s good news for humans in an AI world

You can’t have artificial intelligence without actual intelligence,' the social media boss said during a Q2 earnings call this week. Investors seem to agree.

Engadget on MSN · 2d

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."

MarketWatch on MSN · 1d

Reddit’s stock is soaring, and analysts think it has further to go

Analysts are raising their Reddit price targets and reiterating their buy ratings after the social-media platform’s better-than-expected second-quarter results.

1don MSN

Reddit Wants to Replace Google as the Internet’s Top Search Engine. Investors Are All In

Reddit is already one of the most visited social media sites on the internet. Now the company is looking to parlay that ...

2don 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 ...

1don MSN

Reddit puts its plans for paid subreddits on hold

Reddit is reversing course on its plans to put some subreddits behind a paywall, at least for now. CEO Steve Huffman said the ...

2don MSN

Reddit revenue soars as it bets on AI and advertising

One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The ...

2don 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 ...

Reddit shares jump as much as 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 ...

1don MSN

Reddit surges as AI-driven ad strategy wins praise from Wall Street

Reddit's shares jumped 15% before the bell on Friday after it reported quarterly results that exceeded Street expectations, ...

1don MSN

Reddit pauses its paywall plans

Reddit is pausing its plans to let people make subreddits with content behind a paywall, CEO Steve Huffman said as part of ...

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Reddit Swings to 2nd-Quarter Profit

Reddit, Steve Huffman

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