Reddit Stock Surges on AI Data Deals
Update: 2025-09-18
Description
Reddit's stock price jumped nearly five percent after analysts predicted big gains from AI data licensing deals with tech giants like Google and OpenAI. New deals could move beyond flat fees to a usage-based model, potentially boosting revenue. A recent Federal Reserve interest rate cut also helped tech stocks. While the stock cooled slightly by day's end, it still hit a new yearly high. Despite Reddit's volatile history, early investors have seen massive returns, highlighting AI's impact on tech stock momentum.
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