News

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, ...

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 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 ...

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 ...

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 ...

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 ...

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 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 ...

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

Reddit's shares surged 15% on Friday after it reported quarterly results that exceeded Street expectations, boosting investor ...