Brind.

Reddit reported net additions in the US and faces challenges from Google, while Deutsche Bank raised its price target.

1 report, 1 independent Updated Aug 29

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Reddit Inc.Google Deutsche Bank

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The entities involved

Reddit Inc.
American company that operates Reddit

Nothing else this week.
Google
American multinational technology company, a subsidiary of Alphabet Inc.
- Google referrals for publishers declined by 36%, according to Chartbeat data.Mon 17:38
- A global center for quantum research is located in Goleta.Mon 16:53
Deutsche Bank
German global banking and financial services company
- Geopolitical risk adds to UK fiscal pressures as renewed fighting drives up oil prices, prompting economists to analyze market impacts.Mon 15:09
- Bank of America upgraded a rating to buy and suggested a potential equity stake in a Caribbean resort chain, supported by Deutsche Bank.Mon 13:32

Coverage

Newest first; wire copies grouped

Aug 29Insider MonkeyArgus Research Initiates Coverage on Reddit, Inc. (RDDT) With $250 PT; Deutsche Bank Raises PT to $205 With a strong EPS growth estimate for the next year and significant hedge fund interest, Reddit,