Reddit’s Sees First

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. - 9 hours ago

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 - Yesterday

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 - 12 hours ago

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 - 3 hours ago

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.

Georgia sees record voting on the first day of in-person early voting

Trump to rally in Atlanta while Harris interviews in Detroit

US election live: Trump holds rally in Atlanta after Georgia sees record first day of early voting

More than 250,000 voters cast ballots on day one of in-person early voting. Don’t miss important election coverage. Get our free app and sign up for election alerts Joe Biden is in his home ...

World - The Guardian - October 16

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 - 7 hours ago

Reddit has sold most of its cryptocurrency portfolio

Reddit’s proceeds from the crypto sale were $6.9 million during the quarter, according to a filing.

Business - MarketWatch - 7 hours ago

Reddit’s results are on deck. Analysts expect ad strength and growth in online spending.

Reddit reports its third quarterly results as a public company after market close on Tuesday amid expectations of ad strength and healthy online spending growth.

Business - MarketWatch - 2 days ago

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 - Yesterday

JD Vance Adviser Posted on Reddit for Years About Use of Cocaine, ‘Gas Station Heroin,’ Other Drugs

Aaron Kofsky, JD Vance’s financial policy adviser, called Vance “a Trump boot licker” and instructed users on how to transport drugs through TSA in the posts. “Coke then opiates is always my ...

Tech - Wired - October 16

Why It Matters That JD Vance's Financial Adviser Posted About Drug Use on Reddit for Years

Aaron Kofsky isn’t just a random staffer; he is JD Vance’s financial policy adviser during an election cycle that cares about crypto.

Tech - Wired - October 17

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 - Yesterday

Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop

OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.

Business - CNBC - Yesterday

‘Rocketship’ Reddit’s third-quarter results a real ‘Jekyll and Hyde’ story, says Bernstein

Reddit Inc.’s better-than-expected third-quarter results highlight the social-media platform’s strong growth potential, analysts say.

Business - MarketWatch - 13 hours ago

Where Some See Taboos, They See Opportunity

The founders of Starface took the shame out of blemishes. Now, they’re hoping to make it less risky to use recreational drugs and alcohol.

Lifestyle - The New York Times - 12 hours ago

What to see and do in Düsseldorf, Germany

World - Yahoo News - October 18

Christie sees ‘significant’ decline in Trump skills

Former New Jersey Gov. Chris Christie (R) said he sees a “significant” decline in former President Trump’s skills. Christie, in a conversation with The New York Times, was asked if Trump, 78, is ...

Politics - The Hill - October 14

Last chance to see 'comet of the century' for 80,000 years

Comet A3 was bright in the Monday evening sky and could be visible again on Tuesday - cloud permitting.

He Didn’t See Daylight for Five Years

Here are some basics from the Times investigation into Bangladesh’s secret military prison, the “House of Mirrors.”

World - The New York Times - October 17

FA chief sees 'parallels' between Tuchel, Wiegman

Football Association chief Mark Bullingham has said he sees "parallels" between England women's boss Sarina Wiegman and newly apppointed men's coach Thomas Tuchel.

Sports - ESPN - October 17

Why Chelsea are now seeing 'real' Caicedo - Potter

Ex-Brighton and Chelsea boss Graham Potter tells BBC Sport why Chelsea are now seeing the best of Moises Caicedo after his £100m move.

Why pharmacy chains are seeing mass store closures

Walgreens this week announced that 1,200 of its stores could close soon, while CVS, which is also in the process of major staffing cuts, announced Friday that CEO Karen Lynch was being replaced. ...

Orionids meteor shower 2024: How to see it

The Orionids meteor shower will peak on Monday night into Tuesday with the best viewing conditions between midnight and dawn - if skies are clear.

Sørloth double sees Atlético Madrid beat Leganes

Atlético Madrid forward Alexander Sørloth scored twice in the second half as they fought back to earn a 3-1 victory against visitors Leganes in LaLiga on Sunday.

Sports - ESPN - October 20

How to increase your chances of seeing the northern lights

Stargazers should prepare themselves for an uptick in aurora borealis -- or northern lights -- activity as the current solar cycle nears its peak.

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