$RDDT

The European Commission designated ChatGPT, Reddit, and Roblox as Very Large Online Platforms under the Digital Services Act, requiring them to comply with strict rules, including annual risk assessments and independent audits, within four months. The designation is based on their EU user numbers exceeding 45 million.

Huffman Steve Ladd (CEO & President) sold 18,000 indirectly-held shares of Reddit, Inc. (RDDT) at an average of $148.02 ($147.66–$151.17, $2.66M total) across 4 trades on 2026-08-31 under a Rule 10b5-1 trading plan.

Reddit Inc. (NYSE: RDDT) shares rose 8.39% on news of its inclusion in the S&P 500, set for August 18, 2026. The company reported strong financials, with quarterly revenue of $804.9M, gross profit of $875.2M, and net income of $252.8M. It has a strong balance sheet with minimal debt and substantial cash reserves. The S&P 500 inclusion is expected to drive further demand.

Reddit faces antitrust counterclaims over a deal allowing only Google to crawl its site. SerpApi alleges Reddit serves different robots.txt files to Google and others, favoring Google. The case seeks damages and injunctive relief, with Reddit's own statements used as evidence. The dispute centers on access to Reddit's content for search indexing and AI training.

Reddit (RDDT) shares rose 7% after Baird argued the market has already priced in the worst outcome for its AI data licensing renewals, which expire next year. Baird maintained a Neutral rating and $185 price target, noting potential upside if renewals exceed low-end expectations. Pinterest (PINS) shares remained flat. Reddit's licensing deals with Google (GOOGL) and OpenAI, worth $60M and $70M annually, are key focus areas.

Reddit (RDDT) shares rose 6.9% on renewed investor interest in its growth and AI data licensing potential. The company reported Q2 revenue of $805M, up 61% YoY, with net income of $253M. Analysts highlight Reddit's data value and recent S&P 500 inclusion as positive factors.

Reddit's data licensing deals with Google and OpenAI, worth $60M and $70M annually, expire next year. Analysts debate their impact on Reddit's value. Google's deal allows AI training using Reddit's content. Reddit may seek higher fees in 2027. Bull case: data remains valuable; bear case: companies may reduce dependency.

Baird reiterated a Neutral rating on Reddit (NYSE:RDDT) with a $185 price target, citing upcoming data licensing contract expirations. The stock is down 37% YTD but may rally upon renewal announcements. Reddit reported 67% revenue growth and 91% gross profit margin. It will join the S&P 500 on August 18. Raymond James and Citizens raised their price targets to $205 and $240, respectively.

Reddit introduces a 15-second Engaged Video Views ad format, now in global beta. Advertisers are billed for views where users watch at least 15 seconds. Early testers saw a 51% improvement in 15-second view-through rates and a 71% increase in video completion rates, according to Reddit. The platform also offers a six-second view objective for quick messages.

The EU classified ChatGPT, Reddit, and Roblox as major digital services under the Digital Services Act (DSA), subjecting them to stricter rules. ChatGPT is now a Very Large Online Search Engine (VLOSE), while Reddit and Roblox are Very Large Online Platforms (VLOPs). OpenAI reported ChatGPT has 159 million monthly EU users, exceeding the 45-million-user threshold. Companies must comply with transparency and risk assessment requirements or face fines up to 6% of global revenue.