Reddit Stock Rockets 42% As Company Posts First Profit Since IPO And Makes Its Case As An AI Winner ...Middle East

Reddit stock zoomed 42% Wednesday after the tech firm posted a surprise quarterly profit, its first since going public last March. Shares finished at $116.05 on trading volume more than eight times normal levels as investors registered the fact that the company is shaping up as an unexpected winner in the artificial intelligence arms race. […]

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