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BUZZING· 80%17m·2024-03-28·Money
BUZZING· 80%17m·2024-03-28·MoneyWall Street bets on Reddit
Unhedged
Reddit has never had a profitable year. And yet its IPO this week saw its shares skyrocket on the first day of trading. Today on the show, we ask if Reddit is a withering social network riding irrational exuberance, or a prescient play on AI’s growing need for user-generated answers. Also, we go long momentum and…
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