Reddit reports second-quarter revenue beat and narrower-than-expected loss

Date:

August 6, 2024

Reddit Inc. reported its second quarterly results as a public company Tuesday, with the social-media platform reporting better-than-expected revenue and a narrower-than-expected loss, and giving sales guidance that surpassed Wall Street’s expectations.

Source link

Reddit to test AI-powered search result pages

Major Earth Systems on Track for Collapse, Scientists Find

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Reddit reports second-quarter revenue beat and narrower-than-expected loss

Recent posts

Amazon Prime Video’s ad event beat targets. That’s good news for the stock, says BofA.

The AI ‘bubble’ has helped the U.S. stock market dominate the world. What happens if it bursts?

As GOP convention nears, here’s how stocks have performed under Biden vs. Trump

Hims & Hers shares rally on results, but execs say GLP-1 drug shortage ‘is not abating’

Elliott may get Southwest board seats under potential settlement, reports say

Greenlight Capital’s clash with ex-staffer has hurt its business, lawsuit says

Natural-gas prices have dropped during the hottest summer ever, thanks to Europe

Kamala Harris backs smaller rise in capital-gains taxes than proposed by Biden

Medicare patients could get emergency treatment at home under new bill

Recession fears fuel swings in interest-rate expectations and 2-year Treasury yield

Levi’s CEO says goal of $9 billion to $10 billion in annual revenue by 2027 will be pushed back

Biden offers latest debate excuse as Harris pulls level in one betting market

Lumber prices are at record lows — what that means for buyers and homebuilders

Abercrombie & Fitch to see earnings ‘upside,’ but there’s potential margin pressure ahead: analyst

Mark Cuban says Kamala Harris will tackle ‘criminal’ healthcare pricing schemes

Related articles

Biden needs to push through promised student-loan relief before Trump returns to White House, powerful Democrat warns

Why natural-gas prices have rallied 18% this week to a one-year high

Here’s Larry Summers’ advice to Trump on the economy and Elon Musk

Trump’s choice of Dr. Oz to oversee Medicare and Medicaid could be ‘devastating’ for millions of Americans

Buy gold after its pullbacks — because it may hit $3,000 in 2025

Bitcoin sits near record high. More good news for investors: It’s now less volatile.

RFK Jr. may start a food and drug ‘culture war.’ Investors are running for cover.

Here’s what bond and gold traders are signaling about Russia’s nuclear shift

Company

Follow us