Reddit shines in first earnings report, sending stock soaring

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Reddit shines in first earnings report, sending stock soaring
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Reddit Inc. shares jumped as much as 16% in premarket trading after improvements to the social media platform’s advertising system helped push quarterly sales higher than expected in its first results as a public company.

Cocoa’s Dizzying Volatility Is Spilling Into the Coffee MarketECB’s Holzmann Says Fed Is Gorilla in Room Thanks to DollarBrookfield Asset Management Sees Profit Drop in First QuarterZambia’s Currency Plunges to Record Low as Drought Saps EconomyFTX Has Billions More Than Needed to Repay Bankruptcy VictimsAir Baltic Forced to Pay Up in Second Run at Junk RefinancingWood Group Rejects £1.

stockpiles compounding weaker outlookChile’s Inflation Accelerates, Stoking Caution on Rate CutsFloods in Kenya Give Boost to Ruto’s Affordable Housing PushThe Daily Chase: Labour talks going different directions at WestJet and NestleBusiness insolvencies spike in first quarter, consumer insolvencies also riseU.S. jobs post smallest gain in 6 months as unemployment risesThe Daily Chase: U.S.

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