Group 1: Market Overview - Tech stocks have rebounded significantly, with the Nasdaq Composite index increasing by over 25% in the last two months [1] Group 2: Reddit (RDDT) - Reddit has experienced a remarkable share price increase of over 250% since going public a little over a year ago [3] - The company reported explosive revenue growth of 61% year over year, with international revenue growth at 82% [5] - Average revenue per user (ARPU) is 23% higher than the previous year, and daily average users (DAUs) have increased by 31% [5] - Reddit's gross margin improved to 90.5%, up from 88.6% a year ago, and it achieved a net income of $26 million compared to a loss of $575 million last year [5] - The company has introduced the Reddit Answers feature, which has over 1 million weekly average users [6] - Reddit's current market cap is $22 billion, making it a potential growth investment for long-term investors [6] Group 3: Meta Platforms (META) - Meta Platforms is projected to generate nearly $190 billion in revenue this year, potentially surpassing major American companies like Ford and Chevron [7] - The company reported $42 billion in revenue, $17 billion in net income, and $10 billion in free cash flow for the first quarter [11] - Meta is heavily investing in AI infrastructure to transform the advertising landscape, aiming to automate ads by 2026 [9][10] - The automation of ads is expected to allow brands to eliminate advertising-agency intermediaries and customize ads based on viewer preferences [10] - Given its stock has risen 19% year to date, a dollar-cost-averaging strategy may be advisable for long-term investors [12]