Core Insights - Reddit's stock surged over 21%, reaching a five-month high of $194.33 [1] - The company reported a 78% increase in Q2 revenue to $500 million, marking the fastest growth in three years and exceeding Wall Street's expectations of $425 million [1] - Adjusted earnings per share were $0.92, surpassing the forecast of $0.72, with net profit reaching $89 million, more than double the analyst average estimate of $36 million [1] - For Q3, Reddit expects sales between $535 million and $545 million, with the midpoint exceeding Wall Street's average estimate of $473 million [1]

Core Insights - Pinterest reported Q1 revenue of $855 million, exceeding analyst expectations of $846.3 million [1] - The monthly active user count for Q1 was 570 million, significantly higher than the analyst forecast of 163.9 million [1] - The average revenue per user (ARPU) for Q1 was $1.52, slightly above the expected $1.50 [1] - For Q2, Pinterest expects revenue between $960 million and $980 million, compared to analyst expectations of $963.7 million [1] - The anticipated revenue growth for Q2 is projected at 12%-15% [1] - Adjusted EBITDA for Q2 is expected to be between $217 million and $237 million, while analysts forecasted $237.4 million [1] - Following the earnings report, Pinterest's stock rose by 7.68% in after-hours trading, later increasing to 11.81% [1]