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6,100 in Sight for the S&P 12/9/24

Halftime Report

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Reddit's Rise in AI-Driven Search

This chapter explores the impressive increase in Reddit's stock following the announcement of its new AI-powered search tool. It highlights the platform's growing competitiveness in the online search landscape, especially in its ability to provide real-time responses from its user-generated content. The discussion also touches on Reddit's advertising potential compared to larger tech companies and its ongoing user growth, setting the stage for future investment opportunities.

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