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The Latest Breaking News from RDDT

Alexis Ohanian Backs Prediction AI Will Make People '100X More Productive, Reddit Co-Founder Says Sam Altman Convinced Him Back In 2023

On Monday, Reddit Inc. (NASDAQ:RDDT) co-founder Alexis Ohanian endorsed a prediction that future workers could be 100 times more productive — a view he says OpenAI's Sam Altman convinced him of in 2023.

Benzinga

Cathie Wood Bets Big On This Peter Thiel-Backed Coinbase Rival As Bitcoin Crashes Below $91,000

On Monday, Cathie Wood-led Ark Invest executed significant trades involving Bullish (NYSE:BLSH), Reddit Inc. (NYSE:RDDT), and Pinterest Inc. (NYSE:PINS).

Benzinga

Reddit Co-Founder Alexis Ohanian Urges People To 'Keep Going' As EVs Hit 20% of Global Sales

Reddit Inc. (NASDAQ:RDDT) co-founder Alexis Ohanian has shared his thoughts on the growth in EV adoption globally.

Benzinga

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Cathie Dumps AMD And Reddit Shares Amid Tech Bloodbath, Ark Doubles Down On Tom Lee And Peter Thiel Crypto Plays

On Thursday, Cathie Wood-led Ark Invest executed significant trades, notably involving Circle Internet Group Inc (NYSE:CRCL), Bitmine Immersion Technologies Inc (NYSE:BMNR), Bullish (NYSE:BLSH), Advanced Micro Devices Inc (NASDAQ:AMD), and Reddit Inc (NYSE:RDDT). These trades reflect Ark’s strategic positioning in the market, with particular focus on the tech and crypto sectors.

Benzinga

OpenAI May Be Exciting, But Real Money In AI Is In These Stocks, Says I/O Fund's Beth Kindig

While OpenAI may be the “straw that stirs the AI drink” and dominates daily headlines, investors should focus on the “picks and shovels” of the artificial intelligence boom, according to Beth Kindig, lead tech analyst at I/O Fund.

Benzinga

Cathie Wood Goes Big On Alibaba With $25 Million Share Purchase, Scales Back On This Social Media Stock

On Tuesday, Cathie Wood-led Ark Invest made significant moves in its portfolio, focusing on Alibaba Group Holding Ltd. (NASDAQ:BABA), Baidu Inc. (NASDAQ:BIDU), and Reddit Inc. (NYSE:RDDT). These trades come amid a backdrop of evolving market dynamics and regulatory challenges, particularly affecting Chinese firms.

Benzinga

Cathie Wood Makes $13.4 Million Bet On This Social Network After Earnings Crash — But Dumps Robinhood And Reddit

Cathie Wood-led Ark Invest made significant trades on Wednesday, focusing on Pinterest Inc. (NYSE:PINS), Robinhood Markets Inc. (NASDAQ:HOOD), and Reddit Inc. (NYSE:RDDT). These trades come amid notable earnings reports and market reactions.

Benzinga

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Reddit Q3 Preview: 6 Straight Double Beats Since IPO, Will Streak Continue?

Reddit Inc (NYSE:RDDT) looks to continue a streak of beating analyst estimates since going public when the company reports third quarter financial results Thursday after market close.

Benzinga

Reddit Accuses Perplexity, Other 'Data Scrapers' Of Stealing

Reddit Inc (NYSE:RDDT) filed a lawsuit Wednesday accusing four companies of illegally stealing its data by scraping Google search results containing Reddit content, according to The New York Times.

Benzinga

MarketBeat Week in Review – 10/13 - 10/17

Stocks look for direction this week after strong bank earnings offset renewed trade concerns; however, the long-term trend is still bullish

MarketBeat

Is the Reddit-ChatGPT Love Affair Over?

With ChatGPT relying less on Reddit, shares of RDDT plummeted last week. But the company’s licensing agreements and core ad business should continue to produce.

MarketBeat

ChatGPT Could Kill the Reddit Star. Does That Mean You Should Sell RDDT Stock Here?

Reddit stock is trading lower after investors expressed concern about a decline in ChatGPT references, which recently fell to 2%, down from nearly 10% last month.

Barchart

The Insider Report: Are Bulls Allowed to Ever Rest?

Bulls finally took a breather last week, and despite hitting new all-time highs across the board, stocks finished lower. The Nasdaq was down the most, as it sold off 0.65%. The SP 500 was down 0.31%, while the Dow Jones Industrial Average was down 0.15%. Crypto also saw some major…

Benzinga

Why Reddit Wants A New 'Dynamic' Pricing Model From Google

Reddit (NYSE:RDDT) is in early discussions with Alphabet's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google to renegotiate its content-sharing agreement, seeking a structure that better captures the growing value of its data for search and generative artificial intelligence applications.

Benzinga

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Benzinga

Teen Founders, Tap The Brakes: Paul Graham Says Curiosity Beats Companies In High School — Despite YC Wins With Airbnb, Reddit, And Sam Altman At 19

The co-founder of Silicon Valley’s most influential startup accelerator is delivering a reality check to ambitious teenagers everywhere. Paul Graham, whose Y Combinator has funded giants like Airbnb (NASDAQ:ABNB), Stripe, Dropbox (NASDAQ:DBX), and Reddit (NYSE:RDDT), is warning high schoolers to pump the brakes on their entrepreneurial dreams.

Benzinga

Reddit Briefly Goes Down For Thousands, Recovers Quickly — Stock Up Over 60% YTD

On Monday, Reddit Inc. (NYSE:RDDT) experienced a brief outage that was quickly resolved. The company’s shares continued their sharp rally and remain up more than 60% year-to-date, according to Benzinga Pro.

Benzinga

Reddit's AI Edge: Analyst Boosts Target On Google, OpenAI Tailwinds

Reddit Inc (NYSE:RDDT) benefits from GenAI, or generative artificial intelligence, in three ways, according to analyst Laura Martin.

MarketBeat

3 Undervalued Stocks Analysts Are Loving Right Now—Should You?

Wall Street analysts have chosen three stocks to focus their upside scenarios on, considering their prices today don't reflect tomorrow's fundamentals.

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MarketBeat

Take Profits Now: 3 Overbought Stocks Primed for a Pullback

Shares of RDDT, MO, and GRNC all soared following strong Q2 earnings, but are now showing signs of stalling out. Is it time to take profits on these winners?

Benzinga

Reddit Stock Falters Amid Tech Sell-Off, Defying Recent Bullish Momentum

Reddit Inc (NYSE:RDDT) shares closed Wednesday’s session lower, swept up in a broader market retreat impacting technology and AI-related stocks. Here’s what investors need to know.

Barchart

Reddit CEO Steve Huffman Is Selling RDDT Stock. Should You?

Reddit insiders have been selling company shares in August. But Argus Research recommends sticking with RDDT stock for the longer term.

Benzinga

Reddit (RDDT) Stock Hits A New 52-Week High Today: What's Going On?

Shares of Reddit Inc (NYSE:RDDT) are trading marginally lower Monday morning, taking a slight breather after touching a new 52-week high earlier in the session. Here’s what investors need to know.

Benzinga

Reddit (RDDT) Stock Hits A New 52-Week High Today: What's Driving The Action?

Shares of Reddit Inc (NYSE:RDDT) surged to a new 52-week high Wednesday afternoon as investor optimism builds around the social media platform’s accelerating growth and monetization strategy. Here’s what investors need to know.

Benzinga

Reddit Stock Is Trading Higher Friday: What's Going On?

Reddit, Inc. (NASDAQ:RDDT) shares are trading higher Friday after the company reported better-than-expected second quarter financial results and issued third quarter sales guidance above estimates on Thursday after the market closed.

Benzinga

Reddit Q2 Revenue Jumps 78%—Analysts Remain Cautious Despite The Surge

Reddit Inc.‘s (NYSE:RDDT) recent stock surge highlights a broader trend of tech companies outperforming expectations this earnings season, driven by robust user engagement and advertising growth. This momentum sets the stage for a detailed analysis of Reddit’s financial performance and the varied reactions from industry analysts.

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