His Duquesne Family Office opened a position in Reddit in the second quarter.

Fears of AI disruption may have created an incredible buying opportunity for this company.

The company will be joining a broad market index, which should bring more passive buyers of its shares.

Reddit's rapid ad growth and expanding advertiser base give it an edge over Meta Platforms, despite a richer valuation and search traffic headwinds.

Reddit (NYSE:RDDT | RDDT Price Prediction) currently trades at $164.50, while Wall Street's average price target sits at $215.31, an implied upside of roughly 31%.

The social-media platform will become a member of the benchmark index before the market opens.

On The Investor's Podcast (Ep 838), Daniel Mahncke and Shawn O'Malley discussed an alarming development at Reddit (NYSE:RDDT | RDDT Price Prediction) after its Q2 2026 earnings report.

Reddit recently said it would bring most viral stories to life through a new “video Reddit” experience, allowing users to listen to Reddit posts in the background while doing other tasks and activities. On Monday, Reddit will begin testing an initial version of this experience with both video and audio posts across select communities to see which type of posts resonate with its users and have the potential to scale.

This company's human-powered platform bucks the artificial intelligence (AI) trend.

Snap (NYSE:SNAP | SNAP Price Prediction) shares are down 3% to $5.24 Monday midday, giving back part of a sharp overnight decline that saw the stock fall as much as 12% to $4.74 before buyers stepped in.