Stock Track | Reddit Stock Soars 5.09% on Tuesday Amid Optimism Over AI Business Prospects

Stock Track

Dec 25, 2024

Reddit Inc. (RDDT) saw its stock soar by 5.09% on Tuesday, during the intraday trading session, as investors remained bullish on the company's prospects in the rapidly growing artificial intelligence (AI) market.

The social media platform, known for its highly engaged user base and authentic discussions, has been actively capitalizing on the AI boom by licensing its vast trove of user-generated data to companies seeking to train their AI models.

According to reports, Reddit has already signed licensing agreements totaling $203 million, with terms lasting two to three years. The company generated approximately $20 million from AI content deals in the last quarter alone and expects to exceed $60 million by the end of the year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1158467667"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1158467667\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1158467667?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-25 00:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1158467667","market":"hk","top_or_hot":-1,"title":"Stock Track | Reddit Stock Soars 5.09% on Tuesday Amid Optimism Over AI Business Prospects","media":"Stock Track","content":"<p>Reddit Inc. (RDDT) saw its stock soar by 5.09% on Tuesday, during the intraday trading session, as investors remained bullish on the company's prospects in the rapidly growing artificial intelligence (AI) market.</p>\n\n<p>The social media platform, known for its highly engaged user base and authentic discussions, has been actively capitalizing on the AI boom by licensing its vast trove of user-generated data to companies seeking to train their AI models.</p>\n\n<p>According to reports, Reddit has already signed licensing agreements totaling $203 million, with terms lasting two to three years. The company generated approximately $20 million from AI content deals in the last quarter alone and expects to exceed $60 million by the end of the year.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Reddit Stock Soars 5.09% on Tuesday Amid Optimism Over AI Business Prospects</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Reddit Stock Soars 5.09% on Tuesday Amid Optimism Over AI Business Prospects\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-12-25 00:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Reddit Inc. (RDDT) saw its stock soar by 5.09% on Tuesday, during the intraday trading session, as investors remained bullish on the company's prospects in the rapidly growing artificial intelligence (AI) market.</p>\n\n<p>The social media platform, known for its highly engaged user base and authentic discussions, has been actively capitalizing on the AI boom by licensing its vast trove of user-generated data to companies seeking to train their AI models.</p>\n\n<p>According to reports, Reddit has already signed licensing agreements totaling $203 million, with terms lasting two to three years. The company generated approximately $20 million from AI content deals in the last quarter alone and expects to exceed $60 million by the end of the year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RDDT","symbol_name":"Reddit","start_time":0,"source_url":"","article_id":"1158467667","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158467667","pubTimestamp":1735056048,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Reddit Inc.  saw its stock soar by 5.09% on Tuesday, during the intraday trading session, as investors remained bullish on the company's prospects in the rapidly growing artificial intelligence  market.The social media platform, known for its highly engaged user base and authentic discussions, has been actively capitalizing on the AI boom by licensing its vast trove of user-generated data to companies seeking to train their AI models.According to reports, Reddit has already signed licensing agre","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RDDT":"Reddit"},"translate_title":"由于对人工智能业务前景的乐观情绪，Reddit股价周二飙升5.09%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RDDT":1},"content_text":"Reddit Inc. (RDDT) saw its stock soar by 5.09% on Tuesday, during the intraday trading session, as investors remained bullish on the company's prospects in the rapidly growing artificial intelligence (AI) market.\nThe social media platform, known for its highly engaged user base and authentic discussions, has been actively capitalizing on the AI boom by licensing its vast trove of user-generated data to companies seeking to train their AI models.\nAccording to reports, Reddit has already signed licensing agreements totaling $203 million, with terms lasting two to three years. The company generated approximately $20 million from AI content deals in the last quarter alone and expects to exceed $60 million by the end of the year.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}