Thursday, October 31, 2024

Reddit stock price surging

 



Reddit's stock price is surging after the social media player posted a rare profit. 

A key factor behind Reddit's fast growth of late is artificial intelligence. In a letter to shareholders, Reddit co-founder and CEO Steve Huffman said a new AI-powered service that lets people translate posts between English, French, Spanish, Portuguese, Italian and German quadrupled its number of users. Reddit plans to roll out the feature to more than 30 countries over the course of 2025, he added.....

https://tinyurl.com/2fywc9y7

 




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