Reddit shares soared more than 14% on Friday after the company delivered a blowout third-quarter report that handily beat Wall Street’s expectations and signaled continued momentum in digital advertising.

Revenue for the quarter surged 68% year-over-year to $585 million, surpassing the LSEG consensus estimate of $546 million, while earnings per share came in at $0.80, topping expectations of $0.51. The results mark Reddit’s strongest growth since going public earlier this year, underscoring the platform’s deepening appeal to advertisers and users.

The company also projected a bullish outlook for the fourth quarter, forecasting revenue between $655 million and $665 million, ahead of Wall Street’s $638 million estimate. The upbeat guidance fueled optimism that Reddit’s ad recovery is accelerating as more brands look to target its highly engaged user communities.

“These results speak to the company’s continued progress across its ad and platform initiatives,” Morgan Stanley analyst Brian Nowak wrote in a client note, adding that Reddit’s growth trajectory remains strong. “We see a long runway for growth across both active advertisers (+75% year-over-year in 3Q) as well as greater penetration within existing advertisers.”

Reddit said that nine of its top 15 advertiser verticals expanded by more than 50% during the quarter, reflecting growing confidence from brands. Analysts credited Reddit’s ongoing push into ad automation tools and AI-driven performance optimization, which have helped advertisers achieve higher returns on spending and improved targeting precision across its communities.

Daily active users on the platform climbed 19% from a year ago to 116 million, surpassing analysts’ expectations of 114 million. The company said engagement rose across key categories, from gaming and entertainment to finance and sports, with logged-in users driving higher ad revenue per user.

Reddit’s daily active unique users rose 7% to 23.1 million, though the growth pace moderated from the 12% jump recorded in the second quarter. Globally, logged-in users increased 14% year-over-year to 50.2 million, reinforcing the company’s broader international appeal.

CEO Steve Huffman said Reddit has seen an influx of new users coming from Google search, noting that the company continues to attract high-value audiences that convert into registered accounts — a key driver of ad revenue.

“I’m looking forward to continuing to work on these things with these partners, but they’re not a major traffic driver today. I think there’s plenty of opportunity there as we continue to work together,” Huffman said during the earnings call.

The CEO’s comments come amid industry concerns that the rise of AI chatbots, including ChatGPT and Google’s AI Overview, could impact organic traffic to online communities by providing users with instant answers rather than links to forums. Reddit has sought to mitigate this risk through data licensing agreements with AI firms, ensuring it benefits financially from its vast repository of human-generated content.

Revenue from data licensing partnerships, including deals with Google and OpenAI, rose 7% year-over-year to $36 million. Analysts say such partnerships are becoming an increasingly important revenue stream as AI companies train large language models on real-world conversations.

Reddit’s performance points to how the company has evolved from a niche discussion site into a significant player in the digital advertising market. With a blend of community-driven content, transparency tools, and data partnerships, Reddit is positioning itself to compete more effectively with larger rivals like Meta and X (formerly Twitter).

The company’s advertising turnaround comes as major social platforms reorient their business models toward AI and personalized ad delivery. Reddit’s strategy — emphasizing authentic engagement and advertiser access to interest-based communities — appears to be paying off.

Despite concerns about slowing user growth in some categories, analysts said Reddit’s ability to attract more advertisers and boost ad yields per user bodes well for its long-term profitability. With the holiday quarter ahead, many expect Reddit’s momentum to continue as brands ramp up digital ad campaigns targeting niche communities and product enthusiasts.

Shares of Reddit have now gained more than 45% since the start of the year, reflecting renewed investor confidence in the company’s post-IPO performance and its growing relevance in the broader digital ad ecosystem.

Noomez ($NNZ) is stealing the spotlight as traders gear up for the next bull run.

Built around its powerful Noom Engine, this altcoin blends transparency, automation, and real on-chain utility – not empty promises.

Every sale, burn, and reward update happens live, proving it’s more than just hype. While most coins talk, Noomez shows.

The presale stages are moving fast, and early buyers are already positioning before demand explodes.

Miss this entry point, and you might be chasing it when prices are no longer cheap – because projects like this don’t stay under the radar for long.

Inside The Noom Engine: How It Powers Real Utility

The Noom Engine is the heartbeat of Noomez. It’s not a vague “AI system” or marketing concept – it’s a live, verifiable process that records every transaction, burn, and vault movement directly on-chain.

That means no hidden numbers, no delayed updates, just full transparency.

Through this engine, Noomez executes automatic burns, reducing supply every time a stage completes.

It also fuels the project’s reward vaults, which distribute bonuses and maintain liquidity protection.

The result? A self-balancing ecosystem where buyers can actually see the math that drives value.

What makes it stand out isn’t just the tech but the trust it builds. In an environment where transparency is rare, Noomez lets investors verify everything themselves.

That level of visibility is what positions it among the best altcoins for the next bull run, where only the strongest fundamentals will matter.

Pro Tip: Watch how quickly Noomez transitions from Stage 2 to Stage 5. That’s often where scarcity kicks in and demand multiplies fast.

Why Early Buyers Are Watching Noomez ($NNZ) Closely

Momentum is building fast. The meme coin presale started quietly but has gained traction as word spreads across crypto circles.

The token’s price is set to climb in clear, scheduled steps, and as Stage 2 arrived, the price is now $0.000012320.

For new investors, that means time is short. Each stage completion not only raises the entry cost but also burns leftover tokens, making $NNZ scarcer with every move.

Early-stage buyers benefit from the compounding effect of both lower entry prices and higher scarcity later on.

To sweeten the deal, Noomez recently launched its referral system.

When you share your unique referral code, anyone who buys using it triggers a 10% bonus for both of you – one for the referrer, one for the new buyer.

It’s a simple but powerful way to expand the community and reward engagement.

Here’s why investors are paying attention:

• Live presale stages tracked publicly through the Noom Gauge.
• Deflationary supply that tightens with every unsold token burn.
• Referral system offering tangible rewards, not empty promises.
• Clear roadmap showing when each stage unlocks and price increases.

While others are waiting for “the next big thing,” those following Noomez are already positioning for it.

The structure is there, the transparency is proven, and the upside is still early.

The best crypto for 2025 bull run may not be the loudest project on social media – it might just be the one quietly building utility that actually works.

And right now, that’s Noomez ($NNZ).

For More Information:

Website: Visit the Official Noomez Website

Telegram: Join the Noomez Telegram Channel

Twitter: Follow Noomez ON X (Formerly Twitter)

Nvidia, the U.S. semiconductor giant now valued at over $5 trillion, announced on Friday that it will supply more than 260,000 of its most advanced artificial intelligence chips to South Korea’s government and leading corporations, including Samsung Electronics, SK Group, Hyundai Motor Group, and Naver.

The deal, unveiled during the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, underscores Nvidia’s growing role at the heart of a global race to harness AI capabilities and Seoul’s ambition to establish itself as a regional hub for artificial intelligence.

While the chipmaker did not disclose the financial value or delivery timeline of the deal, Nvidia Chief Executive Jensen Huang said the agreement will “enable Korea to export intelligence as its next great product — just as it has done with ships, cars, chips, and electronics.”

The partnership aligns with President Lee Jae Myung’s plan to make AI the central driver of South Korea’s economic transformation. Since taking office in June, Lee has aggressively pushed for investment in computing infrastructure and digital manufacturing amid trade tensions and slowing global demand for semiconductors.

“Just as Korea’s physical factories have inspired the world, the nation can now produce intelligence as a new export that will drive global transformation,” Huang said after meeting with President Lee and corporate leaders.

Under the agreement, South Korea’s government will deploy over 50,000 of Nvidia’s latest AI processors for the national computing infrastructure, including projects led by the National AI Computing Center. Samsung, SK Group, and Hyundai Motor Group will each receive up to 50,000 chips to accelerate their adoption of AI in chip design, electric vehicles, and industrial automation.

Naver, Korea’s largest internet company, will acquire 60,000 of the advanced processors to boost its cloud and search engine AI capabilities, while Kakao will join government-backed initiatives to expand data processing and generative AI systems.

Hyundai Motor Group, a key player in the agreement, said it will work closely with Nvidia to develop a “supercomputer” that will power in-vehicle AI, autonomous driving systems, and robotics. The company plans to integrate Nvidia’s next-generation architecture into its smart factories and mobility solutions.

Nvidia Expands Beyond the U.S.-China Rivalry

The deal marks one of Nvidia’s largest international partnerships since the U.S. began imposing restrictions on chip exports to China. Washington has repeatedly blocked Nvidia from selling its most advanced GPUs to Chinese firms, citing national security concerns.

Speaking earlier this month, Huang said U.S. trade restrictions had sharply reduced Nvidia’s access to the Chinese AI chip market, forcing the company to diversify into regions less entangled in geopolitical disputes — including South Korea, Japan, and India.

During Thursday’s meeting in Korea between President Donald Trump and President Xi Jinping, the issue of U.S. export bans on Nvidia chips reportedly did not come up, signaling that Washington intends to maintain its current stance.

Nvidia’s deal with South Korea adds to a series of major international agreements as governments race to secure computing power critical to AI development. The company has recently announced similar partnerships in Japan, Singapore, and India, where it is supplying chips for new AI data centers and national computing platforms.

Analysts say the latest deal could significantly enhance South Korea’s standing in the global AI ecosystem, particularly given the country’s deep manufacturing expertise and its dominant position in memory chip production.

It is believed that the partnership will help Nvidia to gain a strategic foothold in East Asia, while Korea gains the infrastructure to compete with Japan and Singapore in AI innovation.

However, as AI reshapes global industry, South Korea’s bet on Nvidia chips marks a new phase in its technological evolution — one that may define the next decade of digital manufacturing, smart mobility, and national computing power.