Reddit shares gained 3.5% after-hours Tuesday following Piper Sandler's recognition of a new feature that streamlines ad campaign imports from Meta Platforms Inc (NASDAQ:META).’s ads manager. The brokerage firm sees the update as a potential catalyst for attracting more advertisers to Reddit's platform.
Reddit's stock has surged over 4x in the past year, but its valuation is now unsustainable. Find out the factors prompting my downgrade to a sell rating on RDDT.
Piper Sandler analyst Thomas Champion recently noticed a new feature in Reddit (RDDT) Ads Manager, namely a beta option to import a campaign
Popular community site became unmentionable – the irony is thick enough to compile Facebook has lifted a temporary ban preventing users from posting links to popular OS comparison site Distrowatch – after going so far as to lock the account of the site's editor.
Social media users are speculating that Meta has bought TikTok, following Donald Trump's announcement that he planned to delay a ban on the app.
Amid growing discontent with social media platforms X (formerly Twitter) and Meta, Reddit communities have begun banning links to X, signaling a shift in how online discussions are shaping up.
He notes the combined market cap and collective active users on platforms like Reddit (RDDT), Snapchat (SNAP), Alphabet's YouTube (GOOG, GOOGL), and Meta Platforms' Facebook and Instagram (META).
In reaction to hand gestures Elon Musk made at a post-inauguration rally that many said resembled a Nazi salute, Reddit moderators took swift action.
Following the 2025 inauguration of U.S. President Donald Trump, Facebook parent company Meta forced users to follow him and Vice President JD Vance.
Even the most tech-savvy among us has been duped by artificial intelligence — or at least those behind the curtain.
Boom Supersonic’s XB-1 aircraft broke the sound barrier during three test runs, a step toward the possible return of supersonic commercial flights
The new AI model from China's DeepSeek performs on a level with leading US models without requiring as much computing power – but despite a huge drop in their stock, it's not game over for US tech com