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Reddit shares climb on revenue beat in first quarterly report since IPO
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Reddit (RDDT) Q1 2024 earnings

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024.  Timothy A. Clary | AFP | Getty Images Reddit shares rallied 14% in extended trading on Tuesday after the company released quarterly results for the first time since its IPO...

Amazon earnings preview: Bar higher for ad revenue after strong Snap, Microsoft results
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Amazon (AMZN) Q1 earnings report 2024

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon will report first-quarter earnings after the bell on Tuesday. Here’s what analysts are expecting according to LSEG: Earnings per share: 83 cents Revenue: $142.5 billion Wall Street is also...

Snap stock soars following beat on revenue, earnings and daily active users
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Snap (SNAP) Q1 2024 earnings

Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 25% in extended trading.   Here’s how the company did:  Earnings per share: 3 cents adjusted vs. a loss of 5 cents expected by LSEG Revenue: $1.19 billion vs. $1.12 billion expected by LSEG...

Google shifts culture, CEO notes 'this is a business'
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Alphabet set to report first-quarter results after market close

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Alphabet will report first-quarter earnings after the bell Thursday. Here is what analysts are expecting. Earnings per share: $1.51, according to LSEG. Revenue: $78.59 billion, according to LSEG. YouTube...

AI not yet the 'lift' for Meta that the Street was expecting, says Deepwater's Gene Munster
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Meta loses $200 billion in value, Zuckerberg focuses on AI, metaverse

Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Mark Zuckerberg started Meta‘s earnings call by talking about artificial intelligence. Then he moved onto the metaverse, touting his company’s headsets, glasses and operating system. He spent...

Temu still has 'a long way to go' in taking market share from larger incumbent e-commerce players
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Meta (META) Q1 2024 earnings

Mark Zuckerberg, CEO, Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta will report first-quarter results after the bell Wednesday. Here’s what analysts are expecting. Earnings per share: $4.32, according to LSEG. Revenue: $36.16 billion, according to LSEG. Daily active users (DAUs): 2.12 billion, according to StreetAccount Monthly active...

Reddit going public will 'force their hand' to learn to be profitable, says tastylive's Tom Sosnoff
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Reddit to raise nearly $750 million in upcoming IPO

In this photo illustration, the Reddit logo is displayed on a cell phone and computer monitor on February 13, 2024 in Los Angeles, California.  Mario Tama | Getty Images Reddit aims to raise up to $748 million as part of its upcoming IPO, in which the social media company is seeking a valuation of about...

GoTo-TikTok deal: It's 'worrying times' for Southeast Asian e-commerce, Bernstein says
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Singapore’s Sea Limited posts first profitable year

MariBank, Singapore tech giant Sea Group’s digital bank, has launched in Singapore to select members of the public as it rolls out its services progressively. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Southeast Asian tech giant Sea Limited on Monday posted its first profitable year amid efforts to defend market share against...

Reddit going public will 'force their hand' to learn to be profitable, says tastylive's Tom Sosnoff
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Reddit seeking a valuation of up to $6.5 billion in IPO

In this photo illustration, the Reddit logo is displayed on a cell phone and computer monitor on February 13, 2024 in Los Angeles, California.  Mario Tama | Getty Images Reddit is seeking a valuation of up to $6.5 billion in its upcoming IPO, according to a person familiar with the matter. The company plans to...

Ro CEO on telehealth and the impact of weight loss drugs
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Hims & Hers (HIMS) Q4 earnings report

The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New York City on Jan. 21, 2021. Carlo Allegri | Reuters Hims & Hers Health, the online provider of treatments for erectile dysfunction and hair loss, had its best day on the stock market since its...