ELI_59
11-05 17:22
Replying to @icycrystal:Good luck//@icycrystal:Looking ahead to the upcoming fourth quarter, Reddit gave an optimistic revenue forecast, predicting operating revenue to be between $385 million and $400 million, while analysts' average expectation was only $356.2 million.
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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