Reddit (RDDT) Jumps 6% on New AI Feature
Reddit Inc. (NYSE:RDDT) is one of the .
Reddit extended its winning streak to a fourth straight day on Tuesday, adding 6.05 percent to close at $133.84 apiece as investors cheered the launch of its new Artificial Intelligence-powered feature.
On Monday, Reddit Inc. (NYSE:RDDT) launched the AI-powered Reddit Community Intelligence, which will offer new ad tools that help brands and showcase conversations happening on the platform.
Copyright: prykhodov / 123RF Stock Photo
Community Intelligence is the collective knowledge from the billions of human conversations across the Reddit platform. It powers products and insights and turns more than 22 billion posts and comments into structured intelligence for smarter marketing decisions.
As part of its early-stage products, Reddit Inc. (NYSE:RDDT) is offering Reddit Insights and Conversation Summary Add-ons.
Reddit Insights is an AI-powered social listening tool that provides precise, real-time insights that help marketers confidently plan campaigns, validate creative ideas, and make smarter business decisions.
While we acknowledge the potential of RDDT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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CBS News
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- CBS News
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Yahoo
39 minutes ago
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