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20 Surprising Reddit Facts To Celebrate Its Milestone Birthday
Monday, June 30, 2025 - 6:02pm | 701Reddit, Inc. (NYSE:RDDT) is known for its sprawling communities and viral "Ask Me Anything" posts. Its journey has also been filled with quirky milestones and lesser-known stories. As Reddit turns 20 years old, it remains a hub for both mainstream news and the internet's most obscure trivia. Here...
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Reddit Turns 20, CTO Explains Why The Platform Is No Google Or OpenAI But Is Also Unlike X, Instagram And TikTok
Monday, June 30, 2025 - 1:22am | 916As Reddit Inc. (NYSE:RDDT) celebrates its 20th anniversary, CTO Chris Slowe discussed how the platform's unique blend of AI-powered search and human-driven content distinguishes it from both traditional search engines like Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and AI companies like...
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Steve Huffman Says Reddit Employees Were 'Wrapped Up In Idealism' And 'Not Working Very Hard' Before His 2015 Comeback As CEO
Friday, May 9, 2025 - 5:43am | 504Reddit Inc. (NYSE:RDDT) co-founder and CEO Steve Huffman recently shared that, according to him, employees were "not working very hard" when he returned in 2015. What Happened: Huffman co-founded the company in 2005 with Alexis Ohanian. He then left to pursue other ventures before returning as CEO...
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Reddit Executives See 'Strong Growth In Q2 And Beyond'
Friday, May 2, 2025 - 4:22pm | 456Reddit, Inc. (NYSE:RDDT) reported strong revenue and user growth in its better-than-expect Q1 report released Thursday. Executives offered more color and insight into future growth on the company's earnings call with analysts. Q1 Details: Reddit beat analysts' expectations on the top and bottom...
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Reddit Stock Plunges 26% From Highs, Yet Call Options Have Surged 575%: Is A Rebound Brewing?
Tuesday, February 25, 2025 - 2:00pm | 588Reddit Inc (NYSE:RDDT) stock has been in free fall, shedding 26% since hitting a 52-week high of $230.41 on Feb. 10. The sell-off, sparked by a post-earnings user growth miss and CEO Steve Huffman‘s hefty $70.5 million share sale, has rattled investors. But is the market overreacting? Google...
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Ohio Lawmaker Moves To Ban Hemp Products, Citing Youth Safety Concerns
Tuesday, November 12, 2024 - 11:39am | 823State Senator Steve Huffman (R) introduced a new piece of legislation aimed at prohibiting the sale of intoxicating hemp products in Ohio. Senate Bill 326, unveiled Nov 5, seeks to impose strict limits on THC content in hemp products. Huffman says the move is essential to protect public health and...
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Reddit Stock Soars 167% Year-To-Date, Unshaken By Exec Sell-Offs
Monday, November 11, 2024 - 10:47am | 721Reddit Inc. (NYSE:RDDT) has turned heads this year, boasting a 167% gain year-to-date, with recent months showing an even steeper climb. But with a director's hefty share sale making headlines, is Reddit's rally unstoppable, or are insiders eyeing a peak? The Insider Alert: Michael Seibel's Million...
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Steve Huffman Says People Go On Google To Land Reddit Results: It Has 'Answers, Advice, Perspectives' — Alphabet's Search Dominance Under Threat?
Monday, October 28, 2024 - 1:46am | 753Reddit (NYSE:RDDT) is gaining traction as a go-to source for authentic information, posing a challenge to Google’s, owned by Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), long-standing dominance in the internet search market. What Happened: Reddit, with its vast array of subreddits and active...
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Steve Huffman Explains Why His Platform Has Started Restricting Content Access For Some, Including Microsoft: 'We Want To Know Where Reddit Data Is Going And What It's Being Used For'
Tuesday, August 6, 2024 - 10:56pm | 647Reddit Inc. (NYSE:RDDT) CEO Steve Huffman explained restricting access to its content after he previously called on Microsoft Corporation (NASDAQ:MSFT), Anthropic, and Perplexity to pay for continue scrapping the site’s data. What Happened: On Tuesday, during Reddit’s second-quarter...
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Reddit To Launch Monetization Features For Developers, CEO Steve Huffman Says Users Can 'Create And Earn Money On The Platform This Year'
Tuesday, August 6, 2024 - 10:35pm | 620Reddit Inc. (NYSE:RDDT) has revealed plans to introduce new monetization features for developers on its platform. The move is expected to enable users to create and earn money directly on the site. What Happened: During the company’s second-quarter earnings call, Reddit’s CEO Steve...
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Reddit CEO Touts AI, Ads, Accelerated Growth Among Daily Active Users
Wednesday, May 22, 2024 - 9:38am | 444At the JPMorgan TMC Conference, Reddit CEO Steve Huffman shared strategic updates and growth prospects. Here are the key takeaways for investors. Data Licensing and Partnerships Expansion At Reddit Reddit is expanding its data licensing, positioning itself as a key source of human-generated content...
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Reddit Stock Pops On Partnership With OpenAI: The Details
Thursday, May 16, 2024 - 5:01pm | 359Reddit Inc (NYSE:RDDT) shares are trading higher in Thursday’s after-hours session after the company announced a new partnership with OpenAI. What To Know: In a new blog post, Reddit and OpenAI announced a partnership that will give OpenAI’s ChatGPT access to Reddit threads and enable...
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Reddit Users See An 'Inverse Moment' As Shares Pop 14% On Social Media Platform's Financial Performance
Wednesday, May 8, 2024 - 3:05pm | 801Reddit Inc (NYSE:RDDT) recently released its first quarterly earnings report since its initial public offering (IPO) in March, causing its shares to surge by 14% in extended trading. The social media platform’s financial results showed a loss per share of $8.19 — lower than the expected $8.71...
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3 Reddit Executives Sold Too Early And Missed Out On $19M In Additional Gains From IPO
Thursday, March 28, 2024 - 4:40pm | 716The Reddit Inc (NYSE:RDDT) IPO was one of the most anticipated public debuts in recent years and saw shares soar after going public. Three of the company's top executives sold portions of their ownership stakes as part of the IPO process and missed out on millions of dollars in gains. What Happened...
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Tesla Investor Ross Gerber Questions Reddit's Business Model: 'Isn't This Really A Tech Non Profit?'
Thursday, March 28, 2024 - 4:07am | 749Ross Gerber, the President and CEO of Gerber Kawasaki Wealth and Investment Management, has raised questions about the advertising model of Reddit Inc. (NYSE:RDDT). What Happened: On Wednesday, Gerber, who is known for his bullish stance on Tesla Inc., took to X, formerly ...