Reddit pops on earnings report, but can AI fuel future growth?

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 31 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Reddit Notizia

Earnings Report,Public Debut

Shares of Reddit (RDDT) are soaring on Wednesday, driven by the company's first earnings report since its public debut. The social media platform saw a 39...

) are soaring on Wednesday, driven by the company's first earnings report since its public debut. The social media platform saw a 39% surge year-over-year in advertising revenue. Adding to the positive sentiment, Reddit's second quarter revenue guidance surpassed analysts' estimates, signaling the company's confidence in sustaining its momentum.In this article, we discuss the 10 companies to consider in the portfolio of Kevin O’Leary for 2024.

Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager says -- A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine for the lender and years of restrictions on its US growth.

These dividend stocks appear to be cheap and offer safe and growing dividend income. The post These 3 Dividend Stocks Are on Sale Now appeared first on The Motley Fool Canada.Jim Cramer Says “Hang On To Stocks” and Recommends 10 Stocks

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 47. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Reddit shares soar as earnings show advertising, AI licensing revenue potentialExplore stories from Atlantic Canada.
Fonte: SaltWire Network - 🏆 45. / 63 Leggi di più »

Reddit shares soar as earnings show advertising, AI licensing revenue potentialThe projections followed better-than-expected results for the first three months of 2024, showing that Reddit's push to grow its advertising business and...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »