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RDDT News10 articles
Nasdaq Breaks 25,000 as S&P 500 Reaches New Peak
The S&P 500 and Nasdaq set new records, driven by robust Q1 earnings. GameStop shares rose on reports of a potential eBay offer.
S&P 500 and Nasdaq Hit Record Highs on Apple and Software Surge
The S&P 500 rose 0.48% and the Nasdaq 0.96% to new highs on Friday, driven by Apple's best quarterly sales in four years and a rally in software stocks. The Dow edged down 0.11%.
Reddit Surges 16% on Strong Q2 Revenue Forecast, AI Ad Tools Drive Growth
Reddit shares jumped 16% in premarket trading after forecasting Q2 revenue above Wall Street estimates, driven by AI-powered ad tools and strong user growth.
Apple Surge Lifts Dow, S&P 500 Futures; Nasdaq Dips on Oil Jitters
Apple's strong earnings lift Dow and S&P 500 futures, but Nasdaq slips as oil prices climb. Reddit surges on AI ad revenue, while Roblox falls on weak bookings.
Snap Shares Extend Decline Amid Tech Selloff, Ad Pressure Persists
Snap Inc. shares declined again Thursday, marking a third straight loss amid a broader selloff in technology stocks. The stock now trades 56% below its July high as the company grapples with pressure on its core advertising business.
Snap Shares Dip Amid Regulatory Scrutiny and Ad Revenue Concerns
Snap shares fell nearly 1% as regulators in the UK and Australia ramped up pressure over child safety enforcement. The company also faces investor caution after providing a first-quarter revenue forecast slightly below Wall Street expectations.
Snap Shares Dip on UK Regulatory Pressure Over Child Safety
Snap Inc shares declined 1.4% to $4.79 after UK authorities ordered Snapchat and other platforms to enhance age checks for minors. The regulatory pressure adds to existing concerns over Snap's advertising reliance and user growth.
Reddit Shares Surge 5% as Analysts Recalibrate Following Strong Q4
Reddit stock climbed over 5% in afternoon trading, defying a flat broader market, as Wall Street analysts adjusted price targets following last week's robust earnings report and a new $1 billion share buyback authorization.
Reddit Shares Surge as Analysts Maintain $300 Targets Despite Engagement Concerns
Reddit stock climbed 6.5% after Citizens and Needham reaffirmed $300 price targets, though user engagement metrics show signs of softening. Broader markets edged higher ahead of key U.S. economic data.
Reddit Shares Recover as Analysts Recalibrate Following Mixed Q4 Results
Reddit stock gained 2% in morning trading, rebounding from last week's post-earnings decline. Analysts issued divergent price target revisions as investors assessed user growth and advertising momentum.