The social media company's one soft number is the number its advertising business leans on hardest.
You can add Reddit CEO Steve Huffman to the growling list of publishers, platforms and others who are frustrated with the state of Google search and AI Overviews. "People don't want a summary of Reddit;
Reddit's financial situation is looking good but uncertainty about its relationship to Google and the new AI-ified web are stirring market concerns.
By Jaspreet Singh July 30 (Reuters) - Reddit forecast third-quarter revenue above Wall Street estimates on Thursday, signaling its strategy to draw marketers by offering AI-powered advertising tools is paying off.
Reddit plans to start testing 'video Reddit' or 'spoken Reddit' in the latter part of 2026.
Reddit, a tech company founded in 2005, debuted on the stock market amid a dormant market for IPOs.
Reddit's Q2 '26 earnings were strong with multifaceted licensing relationships and growing 'Other Revenue' from AI partnerships. Learn why RDDT stock is a buy.
On Friday, a judge largely denied a motion to dismiss from a web scraper, SerpApi, which is accused of conspiring with Perplexity AI to illegally scrape copyrighted Reddit content from Google search results.
Reddit can proceed with a lawsuit alleging that Perplexity and data scraper SerpApi wrongly obtained copyrighted Reddit posts from Google's search results.
By Jaspreet Singh July 30 (Reuters) - Reddit said on Thursday that choppy search-engine traffic affected U.S. user growth in the second quarter, overshadowing an upbeat revenue forecast and sending its shares down around 13% in extended trading.