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Reddit or Carvana? Will You Buy Beat & Rise Meme Stocks?
Reddit on Tuesday reported its first quarterly profit and forecast fourth-quarter revenue above estimates, helped by its AI content licensing deals and strong digital advertising spending, sending its shares up 41% yesterday.
Online used car retailer Carvana surged 20% after hours as Q3 earnings exceeded expectations, and the company raised its full-year profit forecast.
Is meme wave comeback?
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