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Reddit shares surge over 12% as AI ad growth lifts revenue outlook for investors
Business
Published on 1 May 2026
AI ad tools are paying off faster than expected
Reddit stock jumped more than 12% after the company delivered a confident quarterly revenue forecast, with investors focusing on stronger returns from its AI-driven advertising products. The upbeat outlook suggests Reddit’s ad engine is converting better, fueling optimism that the platform can sustain growth and improve earnings momentum.
- Reddit shares rose more than 12% after an upbeat revenue forecast
- Investors highlighted growing returns from AI-powered advertising tools
- The outlook signals improving ad performance and potential earnings momentum
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times