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A Look Back at MOON in 2023: The Rise, Fall, and Transformation of Reddit Community Points
MOON, an ERC-20 token of the Reddit r/CryptoCurrency community, experienced a dramatic turn of fate in 2023. At the beginning of the year, it saw positive expectations and a price surge due to updates in Reddit's terms of service. However, in October 2023, Reddit abruptly announced the termination of its Community Points program, causing MOON's price to plummet. Subsequently, the r/CryptoCurrency community quickly took over, migrating MOON to the Gnosis Chain and decentralizing it, allowing it to continue existing independently of the Reddit platform. This year, MOON transitioned from official support to community self-governance, and its underlying value proposition fundamentally changed as a result.
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Reddit to end RSS feeds and public API access due to AI bots
Reddit announced it will cease support for RSS feeds on November 13 and end public API access by March 2027. The company cited “large-scale scraping and automated abuse” by AI bots as the reason for t
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Elon Musk retweeted Peter Diamandis, who emphasized that aligning AI model training data must be the primary goal, and "garbage" data from Reddit and Facebook should not be used.
Elon Musk retweeted Peter Diamandis, who emphasized that aligning AI model training data must be the primary goal, and "garbage" data from Reddit and Facebook should not be used.
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Reddit co-founder Ohanian called the tech industry "tone-deaf" in explaining AI, leading to "misinformation running rampant," and believes AI risks are more mundane.
Reddit co-founder Alexis Ohanian stated that the tech industry has been "tone-deaf" in explaining artificial intelligence (AI), leading to "misinformation running rampant." He believes the risks of AI
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Binance Adds GoPro (GPROB) and Reddit (RDDTB) bStocks Trading Pairs on Binance Spot/Convert
Binance Adds GoPro (GPROB) and Reddit (RDDTB) bStocks Trading Pairs on Binance Spot/Convert
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Yahoo Finance analysts recommend three undervalued growth stocks: Novo Nordisk, Intuit, and Reddit.
Yahoo Finance analysts recommend three undervalued growth stocks—Novo Nordisk (NVO), Intuit (INTU), and Reddit (RDDT)—believing they have significant growth potential at their current valuations. Novo
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Reddit shares fell 4% despite strong user growth; meanwhile, Meta Platforms shares dropped 0.34% to $663.31; Snap shares rose 1% to $5.88, boosted by an improving advertising market.
Reddit's stock fell 4% to $156.49 in Tuesday morning trading, despite its daily active unique users growing 18% year-over-year to 130.3 million, and revenue increasing 61% year-over-year to $805 milli
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Yahoo Finance Analysis: AppLovin's Q2 revenue of $1.9 billion missed expectations, with its stock price falling to a 52-week low in August; Reddit's Q2 revenue was $804.9 million, with daily active users up 18% year-over-year.
A Yahoo Finance analysis noted that mobile app marketing company AppLovin reported Q2 2026 revenue of $1.9 billion, but its stock price fell to a 52-week low of $297.50 in August due to missing expect
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Baird analysts reiterated a "Neutral" rating on Reddit, stating that the renewal of its AI data licensing agreements with Google and OpenAI is a key catalyst.
Baird analyst Colin Sebastian reiterated a "Neutral" rating and a $185 price target for Reddit (RDDT) on Wednesday, noting that the company's data licensing agreements with Google (GOOGL) and OpenAI a
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European Commission Designates Reddit, Roblox as 'Very Large Online Platforms' and ChatGPT as 'Very Large Online Search Engine' Under DSA, Mandating Compliance Within Four Months
European Commission Designates Reddit, Roblox as 'Very Large Online Platforms' and ChatGPT as 'Very Large Online Search Engine' Under DSA, Mandating Compliance Within Four Months
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Reddit Chief Accounting Officer Michelle Marie Reynolds sold 1,265 shares of company stock worth approximately $192,000 on August 20.
According to a recent SEC Form 4 filing, Reddit (NYSE:RDDT) Chief Accounting Officer Michelle Marie Reynolds sold 1,265 shares of Class A common stock on August 20 at a weighted average price of $151.
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Social Media Stocks Split: Snap Rises 4%, Meta Platforms Adds 2%, Alphabet Climbs 1%, while Reddit Slips 1%
On Monday afternoon, Snap (NYSE:SNAP) stock jumped 4% to $5.47, and Meta Platforms (NASDAQ:META) added 2% to $558.21. Google (NASDAQ:GOOGL) stock also climbed 1% to $349.74. In contrast, Reddit (NYSE:
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Analysis indicates that Reddit's revenue will reach $805 million in Q2 2026, with a net profit of $253 million, outperforming quantum computing company Rigetti Computing.
An analysis article points out that social media giant Reddit achieved revenue of $805 million in the Q2 of fiscal year 2026, a year-over-year increase of 61%, and a net profit of $253 million, a year
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Reddit Stock Falls Ahead of Joining the S&P 500
Reddit Stock Falls Ahead of Joining the S&P 500
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Reddit (RDDT) will join the S&P 500 index on Tuesday, August 18. Its stock price has surged 424% since its IPO in 2024, and Wall Street generally recommends buying.
Reddit (RDDT) will join the S&P 500 index on Tuesday, August 18. Its stock price has surged 424% since its IPO in 2024, and Wall Street generally recommends buying.
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Reddit's Q2 Data Licensing Revenue Grew 24% to $43 Million, with Google and OpenAI as Its Two Largest Buyers
Reddit announced Q2 data licensing revenue of $43 million, a 24% year-over-year increase. Google and OpenAI are its two largest data licensing clients, primarily utilizing Reddit's data to train large
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Reddit (RDDT) shares surge approximately 14% after S&P Dow Jones Indices announced it will join the S&P 500 later this month, replacing AvalonBay Communities (AVB).
Reddit's inclusion in the S&P 500 follows the acquisition of AvalonBay Communities by Equity Residential Properties Trust (EQR). JPMorgan estimates index funds tracking the S&P 500 will need to purcha
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Reddit shares jump 11% after hours on inclusion in S&P 500
Reddit's stock rose 11% in extended trading on Thursday following the social media company's announcement of its inclusion in the S&P 500. The company is set to join the S&P 500 on August 18, replacin
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OpenAI CEO Sam Altman holds approximately 12.2 million shares of Reddit, valued at over $1 billion, making him Reddit's third-largest shareholder.
Sam Altman, CEO of OpenAI, reportedly holds approximately 12.2 million shares in the social media platform Reddit through his affiliated entities, currently valued at nearly $2 billion, making him the
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Reddit (RDDT) Q2 revenue grew 61% and profit tripled, but its stock plunged after the CEO mentioned "unstable search recommendations," leading to divided opinions among retail investors.
Reddit's second-quarter earnings report, released on July 30, showed an earnings per share beat of 29%, revenue growth of 61%, and a tripling of profits. However, the company's stock price fell by ove
-
Reddit (RDDT) stock plunges over 22%, its largest decline since IPO, as lack of new AI deals and US daily user metric disappoints
Reddit (RDDT) shares plummeted over 22% on Friday, marking their largest intraday decline since the company's initial public offering. The sharp drop followed the company's latest earnings report, whi
-
Universal Music Group shares hit record low; Roblox slumps after disappointing Q2 results
Universal Music Group (UMG NA) shares fell to their lowest level since listing after the company reported subscription revenue growth of 16.6% in constant currency, including the impact of its purchas
-
Reddit is considering terminating its $60 million-a-year data agreement with Google because AI search is impacting its traffic
Reddit (RDDT) is considering terminating its data licensing agreement with Google (GOOGL), which is worth approximately $60 million annually. The move aims to prevent Google’s AI search from directly
-
Reddit Considers Halting Google's Access for AI Training
Reddit (NYSE: RDDT) is reportedly considering not renewing its licensing deal with Alphabet (NASDAQ: GOOGL), which currently allows Google to train its artificial intelligence (AI) models on Reddit's
-
Reddit to end RSS feeds and public API access due to AI bots
Reddit announced it will cease support for RSS feeds on November 13 and end public API access by March 2027. The company cited “large-scale scraping and automated abuse” by AI bots as the reason for t
-
Elon Musk retweeted Peter Diamandis, who emphasized that aligning AI model training data must be the primary goal, and "garbage" data from Reddit and Facebook should not be used.
Elon Musk retweeted Peter Diamandis, who emphasized that aligning AI model training data must be the primary goal, and "garbage" data from Reddit and Facebook should not be used.
-
Reddit co-founder Ohanian called the tech industry "tone-deaf" in explaining AI, leading to "misinformation running rampant," and believes AI risks are more mundane.
Reddit co-founder Alexis Ohanian stated that the tech industry has been "tone-deaf" in explaining artificial intelligence (AI), leading to "misinformation running rampant." He believes the risks of AI
-
Binance Adds GoPro (GPROB) and Reddit (RDDTB) bStocks Trading Pairs on Binance Spot/Convert
Binance Adds GoPro (GPROB) and Reddit (RDDTB) bStocks Trading Pairs on Binance Spot/Convert
-
Yahoo Finance analysts recommend three undervalued growth stocks: Novo Nordisk, Intuit, and Reddit.
Yahoo Finance analysts recommend three undervalued growth stocks—Novo Nordisk (NVO), Intuit (INTU), and Reddit (RDDT)—believing they have significant growth potential at their current valuations. Novo
-
Reddit shares fell 4% despite strong user growth; meanwhile, Meta Platforms shares dropped 0.34% to $663.31; Snap shares rose 1% to $5.88, boosted by an improving advertising market.
Reddit's stock fell 4% to $156.49 in Tuesday morning trading, despite its daily active unique users growing 18% year-over-year to 130.3 million, and revenue increasing 61% year-over-year to $805 milli
-
Yahoo Finance Analysis: AppLovin's Q2 revenue of $1.9 billion missed expectations, with its stock price falling to a 52-week low in August; Reddit's Q2 revenue was $804.9 million, with daily active users up 18% year-over-year.
A Yahoo Finance analysis noted that mobile app marketing company AppLovin reported Q2 2026 revenue of $1.9 billion, but its stock price fell to a 52-week low of $297.50 in August due to missing expect
-
Baird analysts reiterated a "Neutral" rating on Reddit, stating that the renewal of its AI data licensing agreements with Google and OpenAI is a key catalyst.
Baird analyst Colin Sebastian reiterated a "Neutral" rating and a $185 price target for Reddit (RDDT) on Wednesday, noting that the company's data licensing agreements with Google (GOOGL) and OpenAI a
-
European Commission Designates Reddit, Roblox as 'Very Large Online Platforms' and ChatGPT as 'Very Large Online Search Engine' Under DSA, Mandating Compliance Within Four Months
European Commission Designates Reddit, Roblox as 'Very Large Online Platforms' and ChatGPT as 'Very Large Online Search Engine' Under DSA, Mandating Compliance Within Four Months
-
Reddit Chief Accounting Officer Michelle Marie Reynolds sold 1,265 shares of company stock worth approximately $192,000 on August 20.
According to a recent SEC Form 4 filing, Reddit (NYSE:RDDT) Chief Accounting Officer Michelle Marie Reynolds sold 1,265 shares of Class A common stock on August 20 at a weighted average price of $151.
-
Social Media Stocks Split: Snap Rises 4%, Meta Platforms Adds 2%, Alphabet Climbs 1%, while Reddit Slips 1%
On Monday afternoon, Snap (NYSE:SNAP) stock jumped 4% to $5.47, and Meta Platforms (NASDAQ:META) added 2% to $558.21. Google (NASDAQ:GOOGL) stock also climbed 1% to $349.74. In contrast, Reddit (NYSE:
-
Analysis indicates that Reddit's revenue will reach $805 million in Q2 2026, with a net profit of $253 million, outperforming quantum computing company Rigetti Computing.
An analysis article points out that social media giant Reddit achieved revenue of $805 million in the Q2 of fiscal year 2026, a year-over-year increase of 61%, and a net profit of $253 million, a year
-
Reddit Stock Falls Ahead of Joining the S&P 500
Reddit Stock Falls Ahead of Joining the S&P 500
-
Reddit (RDDT) will join the S&P 500 index on Tuesday, August 18. Its stock price has surged 424% since its IPO in 2024, and Wall Street generally recommends buying.
Reddit (RDDT) will join the S&P 500 index on Tuesday, August 18. Its stock price has surged 424% since its IPO in 2024, and Wall Street generally recommends buying.
-
Reddit's Q2 Data Licensing Revenue Grew 24% to $43 Million, with Google and OpenAI as Its Two Largest Buyers
Reddit announced Q2 data licensing revenue of $43 million, a 24% year-over-year increase. Google and OpenAI are its two largest data licensing clients, primarily utilizing Reddit's data to train large
-
Reddit (RDDT) shares surge approximately 14% after S&P Dow Jones Indices announced it will join the S&P 500 later this month, replacing AvalonBay Communities (AVB).
Reddit's inclusion in the S&P 500 follows the acquisition of AvalonBay Communities by Equity Residential Properties Trust (EQR). JPMorgan estimates index funds tracking the S&P 500 will need to purcha
-
Reddit shares jump 11% after hours on inclusion in S&P 500
Reddit's stock rose 11% in extended trading on Thursday following the social media company's announcement of its inclusion in the S&P 500. The company is set to join the S&P 500 on August 18, replacin
-
OpenAI CEO Sam Altman holds approximately 12.2 million shares of Reddit, valued at over $1 billion, making him Reddit's third-largest shareholder.
Sam Altman, CEO of OpenAI, reportedly holds approximately 12.2 million shares in the social media platform Reddit through his affiliated entities, currently valued at nearly $2 billion, making him the
-
Reddit (RDDT) Q2 revenue grew 61% and profit tripled, but its stock plunged after the CEO mentioned "unstable search recommendations," leading to divided opinions among retail investors.
Reddit's second-quarter earnings report, released on July 30, showed an earnings per share beat of 29%, revenue growth of 61%, and a tripling of profits. However, the company's stock price fell by ove
-
Reddit (RDDT) stock plunges over 22%, its largest decline since IPO, as lack of new AI deals and US daily user metric disappoints
Reddit (RDDT) shares plummeted over 22% on Friday, marking their largest intraday decline since the company's initial public offering. The sharp drop followed the company's latest earnings report, whi
-
Universal Music Group shares hit record low; Roblox slumps after disappointing Q2 results
Universal Music Group (UMG NA) shares fell to their lowest level since listing after the company reported subscription revenue growth of 16.6% in constant currency, including the impact of its purchas
-
Reddit is considering terminating its $60 million-a-year data agreement with Google because AI search is impacting its traffic
Reddit (RDDT) is considering terminating its data licensing agreement with Google (GOOGL), which is worth approximately $60 million annually. The move aims to prevent Google’s AI search from directly
-
Reddit Considers Halting Google's Access for AI Training
Reddit (NYSE: RDDT) is reportedly considering not renewing its licensing deal with Alphabet (NASDAQ: GOOGL), which currently allows Google to train its artificial intelligence (AI) models on Reddit's
-
A Look Back at MOON in 2023: The Rise, Fall, and Transformation of Reddit Community Points
MOON, an ERC-20 token of the Reddit r/CryptoCurrency community, experienced a dramatic turn of fate in 2023. At the beginning of the year, it saw positive expectations and a price surge due to updates in Reddit's terms of service. However, in October 2023, Reddit abruptly announced the termination of its Community Points program, causing MOON's price to plummet. Subsequently, the r/CryptoCurrency community quickly took over, migrating MOON to the Gnosis Chain and decentralizing it, allowing it to continue existing independently of the Reddit platform. This year, MOON transitioned from official support to community self-governance, and its underlying value proposition fundamentally changed as a result.
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