Reddit Surges 11% on S&P 500 Entry as Index Funds Must Buy 16.7 Million Shares
Markets

Reddit Surges 11% on S&P 500 Entry as Index Funds Must Buy 16.7 Million Shares

The social media platform replaces AvalonBay in the benchmark, creating a concentrated index-fund bid before the August ...

Yael Ben-David 👁 55 💬 0
Reddit Joins S&P 500 as AI Deal Talk Lifts Tech; Workday Surges on Silver Lake Report
Markets

Reddit Joins S&P 500 as AI Deal Talk Lifts Tech; Workday Surges on Silver Lake Report

A tech-led rally carried the S&P 500 above 7,800 for the first time, while Reddit's index promotion, AI funding talks an...

Yael Ben-David 👁 49 💬 0
Reddit’s AI ‘Rules Hub’ Expands as the Platform Plans to Retire Automod and Tighten Developer Access
Technology

Reddit’s AI ‘Rules Hub’ Expands as the Platform Plans to Retire Automod and Tighten Developer Access

Reddit’s new AI ‘Rules Hub’ expands to all new subreddits; developers are warned to prepare for a mandatory shift to the...

Eitan Shapiro 👁 30 💬 0
KeyBanc Sees Reddit as a ‘Sustainable Compounder’ with AI Data Upside, Initiates at Overweight
Companies

KeyBanc Sees Reddit as a ‘Sustainable Compounder’ with AI Data Upside, Initiates at Overweight

KeyBanc initiates Reddit at Overweight, $225 PT, citing durable ad growth and AI data licensing potential. The platform'...

Declan Byrne 👁 33 💬 0