Reddit Isn't an AI Stock - It's an Advertising Stock (So Far...) - RDDT AI Stock Analysis
Description
Reddit is conflicted on AI. User backlash against using subreddits for AI training data sales led to a mixed bag for Reddit executives. In the end, they'll cave and do more AI stuff. For now, Reddit wants to identify as an online advertising company. And they're not doing so bad at that with superb year over year revenue growth. We discuss Reddit's burgeoning data sales business (and its percent of revenue) while looking at RDDT as a potential AI investment.
We also break down market rotations and contemplate the TikTok ban, including whether it could have any effect on Reddit.
AI Stocks Discussed: Intel ($INTC), Reddit ($RDDT), NVIDIA ($NVDA)
You can find our complete AI investing portfolio and all our top AI stock picks at https://investingintel.ai
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