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May 1, 2026, 5:47 am66 ptsTrending
The Next Web
The social platform beat Wall Street estimates across every line, raised Q2 guidance above consensus, and reported $1m in capital expenditure, a striking contrast to the hyperscaler capex arms race. Reddit reported first-quarter 2026 revenue of $663 million, up 69% year on year and 8.5% above the $611 million…
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