AI Boosts Market, Reddit Stock Jumps

Reddit stock surged nearly five percent amidst a broader market rally, driven by Alphabets AI announcement and initial interest rate cut expectations. However, the days enthusiasm waned due to a strong jobs report, leading investors to favor stable companies like Walmart.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.