Reddit forecast third-quarter revenue above Wall Street estimates on Tuesday, a sign that a recovering digital ad market would draw new advertisers to the social media platform.
The results, the company’s second after it went public in March, follow bigger rival Meta’s upbeat second-quarter revenue and rosy sales forecast, driven by robust digital-ad spending.
The earnings also fan optimism that Reddit&#
Charles Schwab & Co. said on Tuesday that high trading volumes and a technical issue with a key vendor triggered temporary outages on its trading platform on Monday, a day when its customers rushed to navigate an outsize market sell-off.
A spokesperson for the firm did not identify what kind of technical issue hampered the ability of Schwab client
Elon Musk and X (formerly Twitter) are escalating their fight with the advertising industry, filing a federal antitrust lawsuit against a coalition the social media site says cost it billions of dollars in revenue.
The company has filed suit against the World Federation of Advertisers (as well as member companies Unilever, Mars, CVS Health, and Orsted) in federal court in Texas, saying an initiative by the group, called the Global Alliance for Responsible Media (GARM), coordinated
Airbnb forecast third-quarter revenue below estimates on Tuesday and warned of shorter booking windows, suggesting travelers were waiting until the last minute to book due to economic uncertainty, sending its shares down about 14.63% after the bell.
Domestic travel in the United States has been pressured since the start of the year as more Americans have grown cautious about travel spending on worries about the health of the
The U.K. is facing its own January 6th moment as far-right protestors rampage through the country’s streets in response to the murder of three young girls late last month in the town of Southport.
The race-based riots have variously been called hate crimes and pogroms, as vandals att
There’s a lot more to the dating app landscape than just Bumble or Hinge. For some online daters, lesser-known apps can offer some major perks, from a more manageable user list to novel features. While these apps may not totally cure Gen Z’s well-publicized dating burnout, they do at least freshen up an industry that’s been slumping in recent years.
“[These] dating apps are second tier because they’re not
Secretaries of state from five U.S. states urged billionaire Elon Musk on Monday to fix social media platform X’s AI chatbot, saying it had spread misinformation related to the Nov. 5 election.
<h2 class="wp-block-heading"
Uber’s stock price (ticker: UBER) is currently up over 6% in premarket trading as of the time of this writing, after the rideshare company beat expected earnings and revenue estimates for its Q2 2024.
Here are the notable metrics from Uber’s latest Q2:
- Monthly Active Platform Consumers (MAPCs): 156 million (up 14% year-over-year)
- Total trips: 2.7 billion (up 21% YOY)
- Gross bookin
Kamala Harris’ vice presidential pick, Minnesota Governor Tim Walz, is a man of many strengths. As a former senior Army officer, educator, and elected official, his political resume screams public service. But perhaps his greatest contribution to American civic life boils down to a single viral insult.
Just days after President Joe Biden annou
To Netflix, video games are a bit like the Japanese market.
When the streaming giant entered the country close to a decade ago, it faced significant headwinds from established local competitors. Then, it learned the language, refined its