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Reddit shares surge over 12% as AI ad growth lifts revenue outlook for investors

Reddit shares surge over 12% as AI ad growth lifts revenue outlook for investors

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.

Summarised by Beize from a story on The Economic Times on 1 May 2026
Reddit search is finally working as users surge 30 percent year over year

Reddit search is finally working as users surge 30 percent year over year

Reddit CEO Steve Huffman says people are finally using the platform’s search more actively, with weekly users up 30% year over year. The increase signals that recent improvements may be making it easier for users to find content and communities faster, potentially strengthening discovery and engagement across Reddit.

Summarised by Beize from a story on TechCrunch on 1 May 2026

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Reddit surges on AI ad engine as revenue per user jumps 44% in latest quarter

Reddit surges on AI ad engine as revenue per user jumps 44% in latest quarter

Reddit’s latest results point to its AI-driven advertising push working. Daily active unique visitors rose 17% to 126.8 million, while global average revenue per user climbed 44%. The company’s momentum comes as it intensifies competition against major social ad players like Meta’s Instagram and Facebook, signaling a stronger monetization trajectory ahead.

Summarised by Beize from a story on The Economic Times on 1 May 2026
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