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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 confidence in the platform's AI-based advertising tools and strong user engagement.

Cryptopolitan on MSN · 1d

Reddit soars after Wall Street applauds AI-powered advertising strategy

Reddit plans to expand its AI search tool globally, beyond its 12-country user base. Reddit stock climbed 15% Friday after it revealed its second-quarter results, with revenue up 78% year-over-year to about $500 million and EPS hitting $0.45, far surpassing Wall Street expectations.

The Wall Street Journal on MSN · 2d

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, said CFO Drew Vollero.

2don MSN

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 ...

2don MSN

Reddit stock is soaring today. CEO Steve Huffman says it’s good news for humans in an AI world

You can’t have artificial intelligence without actual intelligence,’ the social media boss said during a Q2 earnings call ...

2don MSN

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: Why Every AI Company Now Bows To The Front Page (Rating Upgrade)

Reddit crushed Q2 with soaring revenue, AI monetization, and user growth, but lofty valuation limits upside. Find out why ...

2don MSN

Reddit wants to be a search engine now

Reddit knows that it has valuable data from actual people — it’s already reached deals with big AI companies like OpenAI and ...

2don MSN

Reddit plans to unify its search interface as it looks to become a search engine

Reddit is working on a new unified interface that will merge its legacy search and AI-powered Q&A features, as well as make its search box more prominently visible in the app.

10don MSN

A smarter Reddit strategy for organic and AI search visibility

Reddit influences both search rankings and AI results. Show up with value, not risk, using a phased approach that earns trust ...

TalkAndroid1d

Reddit Sets Its Sights on Search Engine Status with AI Answers Push

Reddit wants to kill the Google hack. The platform officially declared its intent to become a full-fledged search engine, according to its latest Q2 ...

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