Reddit Beats Q4 Revenue Expectations as AI Strategy Powers Growth
Reddit projects Q4 sales of $655-665M, beating estimates as AI-powered ads and data licensing deals drive growth. Daily users hit 116M, up 19% year-over-year.
Reddit projects Q4 sales of $655-665M, beating estimates as AI-powered ads and data licensing deals drive growth. Daily users hit 116M, up 19% year-over-year.
Western Digital exceeds Q1 expectations with $2.82B revenue, raises dividend 25%, and provides optimistic guidance as AI-driven data storage demand surges.
Apple beats profit expectations in Q4 2025 with $102.5B revenue despite iPhone supply issues. CEO Tim Cook forecasts double-digit iPhone growth for holiday quarter.
Amazon Web Services achieves 20% revenue growth in Q3 2025, beating analyst expectations and signaling strong AI demand as cloud computing business rebounds ahead of holiday season.
Boeing stock falls after Trump-Xi meeting fails to produce aircraft purchase agreement. Deutsche Bank downgrades to "hold" citing cash flow concerns and legacy burdens constraining recovery.
Core Scientific shareholders rejected the merger with AI company CoreWeave. The deal is terminated, but their business partnership continues.