The social-media platform is expanding its beta test of Reddit Answers, the company said Monday.
Reddit stock, already up 220% post-IPO, gained Monday following a bullish upgrade from analysts at Morgan Stanley. The post Reddit's Huge Rally Rolls On As Morgan Stanley Analysts Turn Bullish appeared first on Investor's Business Daily.
Reddit is rolling out a new artificial intelligence feature designed to help people quickly find answers based on user posts, the company said Monday. Reddit Answers, as the feature is called, allows users to ask questions just like they can with ChatGPT, Perplexity and other generative AI services.
'Mad Money' host Jim Cramer looks at the best performing IPOs of the year.
Reddit (RDDT 2.94%) is growing users faster than Pinterest (PINS 3.06%), but Pinterest is more profitable.
Reddit entered a partnership with Google this year, which was a win-win situation for both. Reddit is significantly growing its user numbers, leading to revenue growth. International expansion could be another major growth driver. Significant risks include high share dilution, excessive stock-based compensation, and substantial insider trading, notably by major shareholder Tencent.
On Black Friday, Scott Bauer is bullish on three stocks that he thinks are on sale: Reddit (RDDT), Nano Nuclear Energy (NNE), and Autodesk (ADSK). Rick Ducat provides the technical analysis and shares which levels traders should be watching on the chart.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Reddit, the social media platform popular with tech and gaming enthusiasts, has overtaken X to become the UK's fifth most popular social platform, according to Ofcom.
Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus, a top company executive told CNBC. Expansion into new markets could help Reddit unlock new advertising revenue internationally.
When it comes to investing in artificial intelligence (AI), there are no other stocks that garner more attention than the "Magnificent Seven." While each of those megacap tech giants presents a unique opportunity in the AI space, smart investors understand that there are other options.