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Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...- Snap flags ad revenue hit from Middle East conflict, slower North America growthSnap experienced a decline in advertising revenues during the first quarter, largely impacted by ongoing tensions in the Middle East and a ...
- Pinterest forecasts upbeat quarterly revenue on resilient ad spending, shares surgePinterest anticipates strong second-quarter revenue, exceeding analyst expectations. The image-sharing platform's shares surged on the news...
- Roblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signalsRoblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signals. Roblox shares ...
- US stock market today hits new records as Nasdaq crossed 25,000 for the very first time: Dow Jones, S&P 500 and Nasdaq surge as Wall Street begins May with massive rally - Apple leads gainsUS stock market today opens May with rare strength. Momentum feels real, not forced. The Dow Jones Industrial Average climbs near 49,815. T...
- US stocks today: Reddit rallies as AI‑driven ad growth fuels strong revenue outlookReddit shares jumped over 12% on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media compan...
- Reddit rallies as AI‑driven ad growth fuels strong revenue outlookThe strong results signal that the company's strategy is paying off as Reddit takes on bigger ad rivals such as Meta's Instagram and Face...
- Jobseeker visits 7 offices looking for work, discovers bizarre pattern as some listings lead to ‘ghost company’ locationsA jobseeker who tried walking into seven companies in a single day to ask for work ended up facing rejection, outdated job listings, and ev...
- Reddit shares surge over 14% after strong earnings and rising global usersReddit’s stock went up after the company showed strong earnings and more users around the world. The social media site saw big growth in ad...
- Reddit surges as AI-driven ad strategy wins praise from Wall StreetThe company has also posted a rosy forecast that comes on the heels of similarly upbeat results from ad industry leaders such as Meta and A...
- Reddit's strong revenue forecast signals advertising strengthReddit forecast Q2 revenue above expectations, boosted by ad tech gains and a 50% rise in active advertisers. Despite Google search disrupt...
- Reddit misses daily active unique visitors on Google algorithm change, shares tumbleIts daily active unique visitors rose 39% to 101.7 million in the fourth quarter ended December 31, but missed analysts' average estimate o...
- India now a focus market for Reddit, says CEO Steve HuffmanReddit registered an India subsidiary in August this year and started leveraging the influencer connect to gather users – it hosted AMA (as...
- Reddit forecasts quarterly revenue above estimates on strong ad spendThe results, its second after going public in March, follow bigger rival Meta's upbeat second-quarter revenue and rosy sales forecast, driv...
- Reddit's strong forecasts spark share surge after first results since IPOThe earnings report - the first since Reddit went public in March - also included a revenue forecast for the current quarter that was above...
- Reddit's US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023The initial public offering (IPO) filing comes almost two decades after Reddit's launch and will be a major test for the platform that stil...
- Reddit's chief Steve Huffman says he wants it to 'grow up.' Will its community let it?Reddit had just introduced changes that sharply increased its fees for independent developers who build apps using the company's data. Stev...
- Reddit seeks to hire advisers for US IPO: SourcesReddit was valued at $10 billion in a private fundraising round last month. By the time the IPO takes place early next year, Reddit hopes i...
- Reddit hires former Snap executive Drew Vollero as first CFOThe appointment of Vollero, who as the first finance chief of Snap guided its transition to a public company, comes amid rising expectation...
- Reddit raises $250 million in funding, valuation doubles to $6 billionThe funding round was led by venture capital firm Vy Capital.
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