TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Reddit is forecasting higher-than-expected fourth-quarter revenue, crediting its artificial intelligence-powered advertising tools for attracting increased marketing spending. Shares of the social media platform surged 9% in after-hours trading following the announcement.
The company’s AI-optimized ad platform enables brands to deliver targeted ads directly within discussion threads across thousands of subreddits, boosting engagement and relevance. Chief Operating Officer Jen Wong revealed that Reddit’s ad business expanded its client base significantly, with active advertisers growing more than 75% in the third quarter. She added that Reddit is testing an end-to-end automated campaign platform leveraging AI to streamline campaign setup and execution.
Reddit’s vast content library has also become highly valuable as artificial intelligence companies seek high-quality data to train large language models, the foundation of tools like ChatGPT. The platform has inked licensing deals with Google and OpenAI and recently filed lawsuits against Perplexity AI and three other firms for allegedly scraping its data illegally. Industry experts say protecting this data is critical to Reddit’s long-term success and competitive edge.
Despite strong revenue momentum, Reddit faces challenges in user growth. Global daily active unique visitors (DAUq) rose 19% year-over-year to 116 million, but growth among U.S. logged-in users slowed to 7% from 11% in the previous quarter. However, average revenue per user surged by 41%, indicating stronger monetization.
Reddit expects fourth-quarter revenue between $655 million and $665 million, surpassing analysts’ estimates of $637.9 million. It also anticipates adjusted EBITDA between $275 million and $285 million, above expectations of $258.8 million. Third-quarter revenue jumped 68% to $585 million, outpacing forecasts of $545.7 million — signaling the company’s growing influence in the AI-driven advertising landscape.
