Reddit announced it will no longer report logged-in and logged-out user metrics starting Q3 2026, a move seen as hiding weakening user engagement after only 7% logged-in user growth in Q2. While Reddit's revenue surged 61.1% year-over-year to $804.9 million and advertising revenue grew 64%, shares dropped sharply due to concerns over slowing core user growth, which underpins long-term earnings. The company highlights strong app user retention and under-monetization potential, but investors worry that slow user growth may limit future earnings power.
Reddit's stock has fallen 28% year-to-date despite reporting over 60% revenue growth and expanding margins, driven by concerns over choppy Google search referrals and uncertainty around data licensing. Analysts remain bullish, with an average price t...
Snap shares fell 3% after a federal appeals court rejected Section 230 immunity, exposing social media platforms to lawsuits over user content. The ruling allows over 3,000 lawsuits claiming Snapchat targeted minors with addictive features to proceed...
Next week, key retail earnings from Walmart, Target, and Home Depot will provide insights into the health of the U.S. consumer amid high borrowing costs and a slow housing market. Home Depot's report will highlight home improvement demand, Target's w...
Shares of Reddit surged 11% following the announcement that it will join the S&P 500 index on August 18, driven by mechanical buying from index funds. Despite this rally, Reddit stock remains down 24% year-to-date but has shown strong fundamentals wi...
Reddit will join the S&P 500 later this month, prompting a premarket stock rise of about 11% due to expected index fund buying. However, historical data shows that many recent S&P 500 additions experience an initial price jump followed by declines or...
