Reddit stock price soars after social media player reports rare profit

Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Business - MarketWatch - October 30

Reddit shares soar after company turns first-ever profit

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...

World - The Guardian - October 30

Trump's social media company is now worth more than Musk's X after recent surge in stock price

Donald Trump’s Truth Social is now worth more than Elon Musk’s X

Tech - ABC News - October 29

Reddit shares close up 42% on profitability, rosy guidance

Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.

Business - CNBC - October 30

Trump takes a rare break from social media after election win

President-elect Donald Trump posted heavily on Truth Social and Elon Musk's X prior to beating Vice President Kamala Harris in the 2024 election.

Business - CNBC - November 8

Toast’s stock soars after company swings to profit and revenue beats estimates

Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.

Business - MarketWatch - November 8

Reddit shares soar 25% as it turns its first profit

Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off

Business - Financial Times - October 29

Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.

Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.

Business - MarketWatch - November 6

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

Reddit's explosive user growth and AI tools help it soar to its first profit as a public company

Reddit has turned a profit for the first time as a public company

Tech - ABC News - October 30

Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar

The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.

Business - Inc. - October 30

Bristol Myers Squibb’s stock soars after rival AbbVie reports disappointing schizophrenia-drug trial

Bristol Myers Squibb Co. shares surged 12.5% Monday after rival AbbVie Inc. reported disappointing results from the trial of a new schizophrenia drug.

Business - MarketWatch - November 11

Cowboys CB Trevon Diggs confronts reporter over social media post after loss to 49ers

The 49ers held on to beat the Cowboys 30-24 on Sunday night.

Sports - Yahoo Sports - October 28

Cowboys' Trevon Diggs apologizes to reporter for heated confrontation over social media post after loss to 49ers

Trevon Diggs confronted WFAA’s Mike Leslie for a social media post he made about him during the Cowboys’ loss to the 49ers on Sunday.

Sports - Yahoo Sports - October 30

Sexist attacks on women surge on social media after Trump's win, report finds

A barrage of misogynistic comments have permeated social media since Donald Trump became the president-elect last week, according to research from the Institute for Strategic Dialogue, a ...

Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.

Business - MarketWatch - October 30

Reddit Back After Tens of Thousands of Users Report a Second Outage

Reddit users reported having problems with the site two days in a row.

Business - The New York Times - 2 days ago

Stocks soar after decisive Trump victory

Major stock indexes soared Wednesday morning in the wake of Donald Trump's decisive victory in Tuesday's presidential election.

Hershey’s stock dips as high cocoa prices eat into profit

The chocolate maker’s stock dropped after its adjusted earnings missed analyst estimates.

Business - MarketWatch - November 7

BP reports lowest quarterly profit since pandemic on weak oil prices

Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase

Business - Financial Times - October 29

Oil prices end with a modest loss as Trump’s win lifts the dollar

Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...

Business - MarketWatch - November 6

Senior Trump adviser Susie Wiles in rare social media post hits back at Cuban

Pro-Trump women are hitting back at billionaire Mark Cuban after his remarks that the former president typically doesn't surround himself with "strong, intelligent women," including senior Trump ...

Politics - The Hill - October 31

Wayfair customers are more price conscious, have cut spending as election nears

Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.

Business - MarketWatch - November 1

Trump calls for investigation of 'rumors' he plans to sell Trump Media stock

Donald Trump, majority owner of the Truth Social operator Trump Media, defeated Kamala Harris in the 2024 presidential election.

Business - CNBC - November 8

Trump Media in reported talks to buy crypto trading platform Bakkt, sending shares soaring

Trump Media is reportedly in "advanced talks" to buy the cryptocurrency trading firm Bakkt, the Financial Times reported.

Business - CNBC - 5 days ago

Trump Media in reported talks to buy crypto trading platform Bakkt, sending shares soaring

Trump Media is reportedly in “advanced talks” to buy the cryptocurrency trading firm Bakkt, the Financial Times reported Monday, citing two people with knowledge of the talks.

Taylor Swift to Tour in Canada After Trudeau Issues Plea on Social Media

Ms. Swift is performing six shows in Toronto before heading to Vancouver, the final stop in her blockbuster Eras Tour.

World - The New York Times - November 15

Stocks soar on Trump win

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump victory sends stocks, crypto soaring Stocks skyrocketed Wednesday after ...

Politics - The Hill - November 6

PayPal beat big on a profit metric, but here’s why its stock is falling

PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”

Business - MarketWatch - October 29

Chevron’s stock climbs after a triple beat of profit, revenue and production

Chevron’s stock rallies after earnings and production beat expectations, and a record amount of cash was returned to shareholders.

Business - MarketWatch - November 1

Reddit shares soar 22% on earnings beat and better-than-expected forecast

Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.

Business - CNBC - October 29

Super Micro files plan for its delayed reports, names new auditor; stock soars 40%

Super Micro’s stock rallies after news that staves off delisting — at least for now.

Business - MarketWatch - 4 days ago

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