It was the week the meme-stock frenzy from 2021 returned with a vengeance — and it may all be over already.

Reddit (RDDT) Partners with OpenAI

12:26pm, Friday, 17'th May 2024
Reddit (RDDT) signed a data licensing deal with OpenAI. Diane King Hall discusses this as OpenAI's ChatGPT will gain access to Reddit data and OpenAI will become a Reddit partner.
U.S. stocks held steady near record highs on Friday as shares of GameStop tumbled, capping off a rollercoaster week for it and other meme stocks.
Reddit (RDDT) is set to benefit from an expanding partner base with the latest addition of Microsoft-backed OpenAI.

Reddit Stock Soars on OpenAI Deal

10:34am, Friday, 17'th May 2024
Reddit Inc (NYSE:RDDT) stock is soaring today, up 16.9% at $65.90 at last glance.
Reddit (NASDAQ: RDDT ) stock rose 11% overnight after the discussion site licensed its content to OpenAI for training large language models. Under the deal, OpenAI will become a Reddit advertiser, and
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company's deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.
Reddit is partnering up with OpenAI.
Shares of Reddit were on the rise in premarket trading Friday after the social media company announced a content deal with OpenAI, the Microsoft-backed artificial intelligence company behind ChatGPT a

Reddit surges on OpenAI deal

08:47am, Friday, 17'th May 2024
CNBC's 'Squawk Box' team discusses Reddit as the social media company's stock surged after announcing a deal with OpenAI.
This year could prove to be a turning point for the Initial Public Offering (IPO) markets, which have struggled over the past two years. Amid high interest rates and geopolitical tensions, there's a g

Reddit stock jumps after OpenAI partnership

06:35am, Friday, 17'th May 2024
Shares of Reddit rose 14% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to draw in more users for the social media platform with AI-enhanced experience a
Reddit announced a partnership with OpenAI to bring its content to the chatbot ChatGPT and other products. Tom Mackenzie reports on Bloomberg Television.
The social-media company's agreement to license its content with Microsoft-backed OpenAI comes after Reddit reached a similar arrangement with Alphabet's Google, reported to be worth $60 million a yea

Short squeeze alert for Reddit stock

05:24am, Friday, 17'th May 2024
Since its IPO nearly two months ago, Reddit (NYSE: RDDT) has been a rollercoaster ride for investors.
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