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ChatGPT, Reddit, Roblox to adhere to EU's "very large platform" rules
Reuters24d agoneutral
ChatGPT, Reddit, Roblox to adhere to EU's "very large platform" rules

BRUSSELS, Aug 31 () - The European Commission on Monday said ChatGPT, Reddit and Roblox ‌will need to adhere to the EU ‌regulations for very large online platforms and search engines. • The ​services have declared that they reach at least 45 million monthly users in the EU.

Reddit just landed in the big leagues
TheStreet38d agoneutral
Reddit just landed in the big leagues

Wall Street loves a good redemption arc, but it rarely hands one out for free. The market makes companies wait, publicly and sometimes painfully, before admitting they belong. Few companies know that waiting game better than Reddit (RDDT). For two decades, the platform was the internet’s message ...

Online forum Reddit will join the influential and closely tracked S&P 500 index
Associated Press41d agoneutral
Online forum Reddit will join the influential and closely tracked S&P 500 index

Reddit will join the S&P 500 next week, giving the wide-ranging online forum a boost in prestige and investments. Joining the S&P 500 is considered an achievement for a company because the index is a widely followed measure of the broader U.S. stock market’s health. Reddit's stock surged nearly 14% around midday Friday.

Reddit stock soars after S&P 500 inclusion announcement
Proactive41d agobullish
Reddit stock soars after S&P 500 inclusion announcement

Reddit Inc (NYSE:RDDT) shares jumped more than 16% on Friday after S&P Dow Jones Indices said the company will join the S&P 500 index next week. The inclusion is expected to trigger mandatory buying from institutional funds that track the benchmark. The index milestone follows a...

Reddit Shares Pop Before S&P 500 Inclusion
The Wall Street Journal41d agoneutral
Reddit Shares Pop Before S&P 500 Inclusion

Two years after going public, social-media platform Reddit is joining the S&P 500. It will replace AvalonBay Communities, a real-estate investment trust that is being bought by fellow S&P 500 member Equity Residential, creating a vacancy in the index. Reddit will take AvalonBay's spot before trading opens on Aug. 18, S&P Dow Jones Indices said after Thursday's close.

Reddit Stock Jumps On S&P 500 News
Investor's Business Daily42d agobullish
Reddit Stock Jumps On S&P 500 News

Reddit stock jumped late Thursday on news that the social media firm will join the S&P 500 index. Sun Communities will be added to the S&P MidCap 400.

Reddit Q2 Earnings Call Highlights
MarketBeat54d agoneutral
Reddit Q2 Earnings Call Highlights

Reddit (NYSE:RDDT) reported second-quarter revenue growth of 61% as advertising sales rose 64%, while executives said the company is prioritizing product improvements intended to convert more weekly visitors into daily, direct users amid volatility in search referrals. Total revenue reached $805 mi