Today: 19 May 2026
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NASDAQ:REDD 30 December 2025 - 1 May 2026

Reddit Stock Jumps as AI Ad Tools Put Wall Street on Notice

Reddit Stock Jumps as AI Ad Tools Put Wall Street on Notice

Reddit shares rose 16% in premarket trading after the company forecast second-quarter revenue of $715 million to $725 million, topping Wall Street estimates. First-quarter revenue jumped 69% to $663 million, with ad revenue up 74% to $625 million. Daily active unique visitors reached 126.8 million, up 17% from a year ago. Reddit reported net income of $204 million, or $1.01 per diluted share.
Reddit stock rebounds in New York as analysts reset targets after earnings swing

Reddit stock rebounds in New York as analysts reset targets after earnings swing

Reddit shares rose 2% to $142.68 by late morning after last week’s post-earnings drop. Analyst price targets shifted, with Truist raising its target to $275 and Piper Sandler cutting to $205. Investors focused on user growth and ad momentum, while Reddit forecast Q1 revenue of $595 million to $605 million. The stock traded between $137.09 and $145.75 in early action.
Reddit stock slides after-hours as ‘mixed’ ad checks sting, Digg reboot adds fresh noise

Reddit stock slides after-hours as ‘mixed’ ad checks sting, Digg reboot adds fresh noise

Reddit shares fell 9.4% to $228.75 in after-hours trading Thursday after RBC flagged weak ad conversion rates and mixed demand from small-business agencies. CFO Andrew Vollero sold nearly $1.04 million in stock this week under a pre-arranged plan. Reddit will report Q4 earnings on Feb. 5. Digg relaunched in open beta Wednesday, led by Kevin Rose and Reddit co-founder Alexis Ohanian.
16 January 2026

Stock Market Today

  • Equinix (EQIX) Upgraded to Zacks Rank #2 Buy on Rising Earnings Estimates
    May 19, 2026, 1:28 PM EDT. Equinix (EQIX), a data center operator, has been upgraded to Zacks Rank #2 (Buy) due to rising earnings estimates, a key driver for stock prices. This Zacks rating reflects an improved earnings outlook based on consensus EPS (earnings per share) estimates from sell-side analysts. Institutional investors use these earnings trends to assess stock fair value, influencing large share transactions and price movements. For the fiscal year ending December 2026, Equinix is forecast to earn $42.52 per share. The upgrade underscores growing investor confidence in Equinix's business prospects and indicates potential upward momentum for its stock.

Latest articles

Chewy Slides After Consumer Warning

Chewy Slides After Consumer Warning

19 May 2026
Chewy shares fell 7.8% to $19.95 in midday trading Tuesday after CEO Sumit Singh warned of increased consumer spending pressure at a JPMorgan conference. Trading volume topped 10.3 million shares. The drop outpaced declines in the S&P 500 and Nasdaq. Chewy reports fiscal first-quarter results before markets open June 10.
Kroger Shares Trade as Investors Watch Price Cuts

Kroger Shares Trade as Investors Watch Price Cuts

19 May 2026
Kroger shares rose 3.8% to $70.89 in midday trading Tuesday, outpacing gains in Walmart and Costco as Amazon fell. The move extends Monday’s rally, with investors reacting to new CEO Greg Foran’s focus on pricing and store execution. No new earnings were released. Volume reached about 3.54 million shares.
Hut 8 shares fall again as AI infrastructure push grows

Hut 8 shares fall again as AI infrastructure push grows

19 May 2026
Hut 8 shares dropped 5.5% to $90.88 in midday Nasdaq trading Tuesday after the company announced a $16 million investment in water infrastructure for its River Bend AI data center in Louisiana. The project, agreed with West Feliciana Parish, includes a new well and water main, with completion expected in late 2026. Bitcoin prices remained steady near $76,486.
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