Reddit, Inc. Class A Common Stock logo

Reddit, Inc. Class A Common Stock (RDDT)

Market Closed
5 Dec, 20:00
NYSE NYSE
$
234. 11
+11.36
+5.1%
$
42.33B Market Cap
- P/E Ratio
0% Div Yield
5,937,181 Volume
- Eps
$ 222.75
Previous Close
Day Range
224.64 237.47
Year Range
79.75 282.95
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Earnings results expected in 38 days
Reddit sues AI firm Anthropic over alleged unlawful data scraping

Reddit sues AI firm Anthropic over alleged unlawful data scraping

Social media platform Reddit (NYSE:RDDT) has filed a lawsuit against artificial intelligence startup Anthropic, accusing the company of unlawfully scraping user-generated content to train its AI assistant, Claude, in violation of Reddit's terms of service. The complaint alleges that Anthropic used automated tools to access Reddit's forums over 100,000 times without authorization, harvesting vast amounts of data in breach of the site's public content policy.

Proactiveinvestors | 6 months ago
Brokers Suggest Investing in Reddit Inc. (RDDT): Read This Before Placing a Bet

Brokers Suggest Investing in Reddit Inc. (RDDT): Read This Before Placing a Bet

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Zacks | 6 months ago
Reddit sues AI giant Anthropic over content use

Reddit sues AI giant Anthropic over content use

Social media outlet Reddit filed a lawsuit Wednesday against artificial intelligence company Anthropic, accusing the startup of illegally scraping millions of user comments to train its Claude chatbot without permission or compensation.

Techxplore | 6 months ago
Reddit sues Anthropic for allegedly not paying for training data

Reddit sues Anthropic for allegedly not paying for training data

Reddit is suing Anthropic for allegedly using the site's data to train AI models without a proper licensing agreement, according to a complaint filed in a Northern California court on Wednesday. Reddit claims in the complaint that Anthropic's unauthorized use of the site's data for commercial purposes was unlawful, and alleges the AI startup violated Reddit's user agreement.

Techcrunch | 6 months ago
Reddit Sues Anthropic, Accusing It of Illegally Using Data From Its Site

Reddit Sues Anthropic, Accusing It of Illegally Using Data From Its Site

In its lawsuit, Reddit said Anthropic also declined to enter into a licensing agreement for data and had unjustly enriched itself at Reddit's expense.

Nytimes | 6 months ago
Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Cnbc | 6 months ago
Reddit Sues Anthropic, Alleges Unauthorized Use of Site's Data

Reddit Sues Anthropic, Alleges Unauthorized Use of Site's Data

Reddit is suing AI startup Anthropic for using the online-discussion site's data without a licensing agreement.

Wsj | 6 months ago
Reddit: High-Growth Company With An Undeniable Moat

Reddit: High-Growth Company With An Undeniable Moat

Reddit's powerful network effect, vast user-generated content, and strong brand create a durable moat with little real competition. Rapid user growth and surging ad monetization, including dynamic product ads and rising ARPU, drive significant revenue upside potential. Reddit Pro Trends and partnerships with AI companies further enhance monetization opportunities and reinforce the platform's value to advertisers.

Seekingalpha | 6 months ago
Should You Hold on to RDDT Despite the Stock's 39% YTD Decline?

Should You Hold on to RDDT Despite the Stock's 39% YTD Decline?

Reddit stock benefits from ad business growth, AI initiatives, and new partnerships, but faces stiff competition and valuation concerns.

Zacks | 6 months ago
Wall Street Roundup: Retail Earnings, Reddit Volatility, AI Momentum

Wall Street Roundup: Retail Earnings, Reddit Volatility, AI Momentum

Target and Williams Sonoma posted disappointing earnings, but much of the bad news seems priced in; retail sector remains mixed with Gap showing strength. CoreWeave's rapid post-IPO rise and major OpenAI deal highlight continued robust AI infrastructure spending.

Seekingalpha | 6 months ago
Reddit vs. Bumble: Which Social Networking Stock is a Better Buy?

Reddit vs. Bumble: Which Social Networking Stock is a Better Buy?

RDDT and BMBL are well-known players in the social networking market. Let's find out which one is a better investment option right now.

Zacks | 6 months ago
Reddit Stock Drops as Wells Fargo Warns Google's AI Search Tools Could Hurt Traffic

Reddit Stock Drops as Wells Fargo Warns Google's AI Search Tools Could Hurt Traffic

Shares of Reddit (RDDT) slipped Monday as Wells Fargo downgraded the stock amid concerns that Google's implementation of AI search features could hurt the social media company.

Investopedia | 6 months ago
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