Reddit: AI Concerns Weigh on Stock Price - Director Takes Advantage of Price Weakness for an Investment of $7.48 Million
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Reddit Inc. (RDDT) monetizes user attention through contextual advertising, among other methods. With the launch of AI-driven advertising tools like "Reddit Max" and "Conversation Ads", the company has significantly expanded its solutions for business clients. These tools leverage machine learning to automatically place ads in the most relevant conversations, greatly enhancing efficiency for advertisers, particularly in the lower funnel. In addition to the advertising business, data licensing has established itself as a second pillar. Here, Reddit...
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