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The Latest Breaking News from Steve Huffman

How Reddit Surprised Wall Street With 185% Post-IPO Surge

Reddit stock has been a top-performer among recent IPOs, surprising Wall Street with rapid user growth and strong ad sales.

Investors Business Daily

TechScape: X reaches its final form: Elon Musk has bent it to his will

TechScape: X reaches its final form: Elon Musk has bent it to his will

The evolution of Musk’s X network is complete; why Reddit is profitable; and niche Halloween costumes

The Guardian - US

Sam Altman’s decade-old investment in Reddit is now worth over a billion dollars

Sam Altman’s decade-old investment in Reddit is now worth over a billion dollars

Altman has known the Reddit founders since they were in the first class at Y Combinator, the famed startup accelerator he would go on to lead.

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Analysts update Reddit stock price target after earnings

This is what could happen next to Reddit shares.

Reddit shares soar after company turns first profit as a public company

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue

The Guardian - US

Reddit's explosive user growth and AI tools help it soar to its first-ever profit

For the first time in its nearly 20-year history, Reddit is turning a profit

The Independent UK

Analysts revamp Reddit stock price target ahead of earnings

This is what could happen next to Reddit shares.

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Reddit will use AI to summarize its insanely long threads and could transform the service

Reddit will use AI to summarize its insanely long threads and could transform the service

Reddit will roll out an AI summarization tool for threads.

Analysts revise Reddit stock price target after earnings

Analysts revise Reddit stock price target after earnings

Here’s what could be next for Reddit stock and users.

Reddit CEO says it's “a real pain in the ass to block these companies" from crawling the site, says Microsoft refuses to negotiate

Reddit CEO says it's “a real pain in the ass to block these companies" from crawling the site, says Microsoft refuses to negotiate

Microsoft is reportedly refusing to pay for scrapping data from Reddit, or rather, it refuses to even talk to Reddit, so says its CEO in a new interview.

Windows Central

Analysts revamp Reddit stock price target ahead of earnings

Analysts revamp Reddit stock price target ahead of earnings

This is what could happen next to Reddit shares.

Reddit Gives OpenAI Access To Its Wealth Of Posts

Reddit Gives OpenAI Access To Its Wealth Of Posts

OpenAI will have access to Reddit data for training its artificial intelligence models and will put its technology to work at the popular discussion platform, the companies said Thursday.

International Business Times

Reddit Stock Soars On OpenAI Partnership; Is It A Buy Right Now?

Reddit Stock Soars On OpenAI Partnership; Is It A Buy Right Now?

Reddit Stock: The social media platform soared after announcing a new partnership with Microsoft-backed OpenAI. Is it a buy right now?

Investors Business Daily

Reddit Insiders Selling Days After IPO; Shares Dive

Reddit Insiders Selling Days After IPO; Shares Dive

Reddit insiders including CEO Steve Huffman disclosed significant share sales Wednesday night, days after the social network's IPO. RDDT stock fell late

Investors Business Daily

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Social media company Reddit soars to $9bn valuation in Wall Street debut

San Francisco-based social media platform’s shares close at $50.44 in long-awaited initial public offering.

The Guardian - US

Reddit shares soar on first day of public trading

Company stock price climbed nearly 70% from its IPO, with Condé Nast’s parent company standing to make nearly $1.4bn

Reddit stock starts trading 38% above initial public offering price

Reddit, the San Francisco social media site that describes itself as "the front page of the internet," is debuting as a public stock on Thursday.

The Guardian - US

Reddit shares priced at $34 in largest IPO by social media company in years

Platform to make its debut on New York stock exchange on Thursday with a market value of $6.4bn

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Reddit CEO replies to users criticizing $193 million compensation package

The executive breaks down why his compensation for 2023 was so high.

A pre-IPO History of Reddit: From “front page of the internet” to billion-dollar valuation

We look back at the online forum’s chaotic beginnings, and discuss what’s in store for its first public investors.

International Business Times

Reddit Aims To Raise $500 Mn In Stock Market Debut

Reddit plans to raise some $500 million with its initial public offering of shares , using the money to improve the platform and its money-making power, according to a regulatory filing on Monday.

Meet RDDT: Popular social platform Reddit to sell stock in an unusual IPO

Reddit's IPO will be the first time since 2019 that a social media company has premiered on the stock market.

The Guardian - US

How social media’s biggest user protest rocked Reddit

A mass user protest six months ago over technical tweaks had big downstream effects, and now the ‘front page of the internet’ is changed for ever

Reddit says new accessibility tools for moderators are coming. Mods are skeptical

In response to the new changes, set to roll out starting Saturday, moderators expressed a lack of confidence that Reddit's promises to improve accessibility will be substantial in the long run.

Millions of Reddit users unleash their fury over controversial changes

Reddit users have been leaving one-star reviews in protest of the site's API rules, but is that enough to change Steve Huffman's mind?

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