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RDDT FRAUD ALERT: Reddit, Inc. 9% Stock Drop Triggers Securities Fraud Class Action – Investors Notified to Contact BFA Law by August 18 (NYSE:RDDT)
GlobeNewswire News Room· 2025-07-12 11:36
Core Viewpoint - A lawsuit has been filed against Reddit, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentation of user growth impacted by Google's AI technology [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tamraz, Jr. v. Reddit, Inc., et al., No. 25-cv-05144 [2]. - Investors have until August 18, 2025, to request to be appointed to lead the case [2]. Group 2: Allegations Against Reddit - The complaint alleges that Reddit misrepresented the impact of Google's AI technology on its user growth, suggesting that it downplayed the negative effects [3][4]. - Google's AI technology has reportedly reduced the need for users to visit Reddit for answers, leading to a decline in user engagement [4]. Group 3: Stock Performance - Following a report on May 1, 2025, indicating a slowdown in daily active user growth, Reddit's stock price fell by $4.96, or over 4%, from $118.79 to $113.83 per share [5]. - On May 21, 2025, an analyst from Baird lowered the stock price target for Reddit, resulting in a further decline of $9.79, or over 9%, from $105.64 to $95.85 per share [6].
DoubleVerify (DV) 2025 Earnings Call Presentation
2025-07-11 08:10
Financial Performance & Growth - The company delivered profitable revenue growth, maintaining a "+40% Rule Of" since its IPO in 2021[16] - The company's core business is strong and growing, with a 17% growth in the first half of 2025[19, 283] - Q2 2025 revenue is expected to grow approximately 17% year-over-year, with revenue between $180 million and $184 million[267] - The company's adjusted EBITDA for FY 2025 is expected to be between $52 million and $56 million, with a margin of approximately 32%[267] Platform & Product Innovation - The company is expanding into media optimization and performance measurement via the DV Media AdVantage Platform (MAP), expanding its total addressable market (TAM)[19, 20] - The company launched suitability measurement and activation on Meta and TikTok[18] - The company's CTV measurement volumes have grown from 5% to 11%[18] - The company's AI-powered implementations have doubled, accelerating some development cycles by 20X[18] Market Opportunity & Strategy - The company estimates its total addressable market (TAM) to be $27 billion+, including verification ($21 billion), optimization ($1 billion), and outcomes ($5 billion)[39, 40] - The company is expanding its reach across channels (Social, CTV, retail media), customers (large advertisers, mid-market, performance marketers), and the full-funnel (brand metrics to business outcomes)[48] AI & Data Advantage - The company possesses an independent, differentiated, and scaled proprietary data set to leverage AI, processing 300 billion+ daily signals[45, 46, 204] - The company's hybrid AI approach combines rules-based systems, neural networks, traditional ML, and LLMs for customizable, multimodal, scalable, auditable, and agentic solutions[220] DV Authentic AdVantage & Social Media - 87% of consumers expect brands to avoid unsafe content, and 2/3 will walk away if they don't[84] - A CPG brand using DV Authentic AdVantage saw a 35% decrease in media CPM, a 60% increase in impression volume, and a 10% increase in suitability score[118] - A global footwear company using DV Authentic AdVantage Pre-Bid & Scibids on YouTube experienced a 70% lower cost, a 200% greater volume, and a 30% greater suitability score[124] DV Scibids AI & Outcomes - The company has scaled and upsold DV Scibids AI to 200 clients[144] - DV Scibids AI has driven an average increase of 4x in client ROI and a 67% increase in campaigns optimized[144] - Icelandair maximized bookings at the lowest possible cost, achieving a 10.4x DV Scibids ROI and a 70% reduction in CPA after implementing DV Scibids[145]
Sony (SONY) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-07-10 23:00
In the latest close session, Sony (SONY) was down 2.07% at $24.65. The stock trailed the S&P 500, which registered a daily gain of 0.28%. On the other hand, the Dow registered a gain of 0.43%, and the technology-centric Nasdaq increased by 0.09%. The stock of electronics and media company has fallen by 2.86% in the past month, lagging the Consumer Discretionary sector's gain of 5.57% and the S&P 500's gain of 4.37%.The investment community will be closely monitoring the performance of Sony in its forthcomin ...
Cloudflare vs. Fastly: Which Stock Has the Edge on CDN Space?
ZACKS· 2025-07-10 17:35
Key Takeaways Cloudflare aims for global CDN leadership through tech like Argo routing and Cloudflare Workers. Fastly focuses on high-performance, customizable CDN solutions with faster first-byte delivery. NET is up 66.9% YTD vs. FSLY's 18.3% drop; FSLY trades at a far lower forward sales multiple than NET.Cloudflare (NET) and Fastly (FSLY) are both leading the content delivery network (CDN) space. While Cloudflare focuses on global expansion strategy, Fastly focuses on high-performance, programmable con ...
Metallium (MTM Critical Metals) Upgraded to OTCQX Market
Prnewswire· 2025-07-10 13:31
Company Overview - MTM Critical Metals Ltd, soon to be renamed Metallium Ltd, has upgraded to the OTCQX® Best Market from the OTCQB® Venture Market, enhancing visibility and access for North American investors [1] - The company is focused on recovering critical and precious metals through a low-carbon, high-efficiency approach via its U.S. subsidiary, Flash Metals USA Inc [4] Strategic Developments - The upgrade to OTCQX is a significant step in the company's U.S.-focused strategy, allowing easier trading for U.S. shareholders and enabling shares to be purchased in U.S. dollars during local market hours [2] - The company is developing its first commercial Flash Joule Heating facility in Texas, targeting revenue from high-value materials such as gallium, germanium, rare earth elements, gold, and silver [2][5] Financial Position - The company recently completed a $50 million institutional capital raise to accelerate its commercialization efforts in the U.S. [3] - The upgrade to OTCQX will enhance the availability of the company's shares and expand Blue Sky compliance across multiple U.S. states [2] Technology and Operations - Flash Metals USA is commercializing the patented Flash Joule Heating (FJH) process, which is a selective thermal method for recovering metals without acids or smelting [5] - The first commercial plant in Texas is designed to recover various metals, including gallium, germanium, indium, gold, silver, and copper, aligning with U.S. industrial modernization efforts [5]
Brag House Announces Zacks Small-Cap Research Initiation of Coverage
Globenewswire· 2025-07-10 12:31
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- Brag House Holdings, Inc. (NASDAQ: TBH) (“Brag House” or the “Company”), the media-tech platform at the intersection of gaming, college sports, and Gen Z engagement, is pleased to announce that Zacks Small-Cap Research has initiated coverage of Brag House. Highlights from Zacks Coverage Recognition of Innovative Model: Zacks highlights Brag House’s unique platform, which enables authentic engagement between Gen Z casual gamers, brands, and collegiate sports commun ...
RDDT COURT NOTICE: Reddit, Inc. Investors may have been Affected by Fraud – Contact BFA Law by the August 18 Legal Deadline (NYSE:RDDT)
GlobeNewswire News Room· 2025-07-10 12:18
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Reddit, Inc. (NYSE: RDDT) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Reddit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/reddit-inc-securities-fraud-class-action. Investors have until August 18, 2025, to ask the Court to ...
Graham Media Group and Gray Media Launch Emergency Donation Drive For Texas Flood Relief
Globenewswire· 2025-07-10 12:00
Together for Texas directly supports flood relief efforts in Texas through The Salvation ArmyATLANTA, July 10, 2025 (GLOBE NEWSWIRE) -- In response to the devastating floods that swept through Central Texas and the Hill Country, Graham Media Group and Gray Media have joined forces to launch an urgent donation drive supporting local relief and recovery efforts. The July 4 floods uprooted families, destroyed homes, and left entire communities reeling. While recovery will take time, there is a critical need fo ...
STAGWELL LAUNCHES STAGWELL MEDIA PLATFORM (SMP), A CENTRALIZED TEAM OF GLOBAL MEDIA, TECHNOLOGY AND DATA INVESTMENT EXPERTS
Prnewswire· 2025-07-09 13:01
Core Insights - Stagwell has launched the Stagwell Media Platform (SMP), a centralized team aimed at enhancing client advantages through optimized media, technology, and data solutions [1][2][3] - Matt Adams has been appointed as Global CEO of SMP, while Marissa Jimenez will serve as Global Chief Trading and Solutions Officer, effective July 14, 2025 [2][4] - The SMP aims to streamline operations across Stagwell agencies and improve efficiency and outcomes for clients by leveraging scale and technology [3][4] Company Structure and Leadership - Matt Adams will continue his role as Global Chief Operating Officer of Assembly Global while leading SMP [2] - Marissa Jimenez brings 20 years of experience from Dentsu US, where she served as EVP, Commercial, and will report to Adams [2] Strategic Objectives - The SMP is designed to enhance collaboration and efficiency across all Stagwell agencies, utilizing partnerships to optimize media and technology investments [3][4] - The platform offers a suite of solutions that aim to reposition and expand business operations in a consolidating, addressable market [5]
2025年江苏省土壤修复行业发展现状 土壤环境风险得到基本管控【组图】
Qian Zhan Wang· 2025-07-09 05:09
Group 1: Land Resources in Jiangsu Province - Jiangsu Province covers an area of 107,200 square kilometers, accounting for 1.12% of the national land area, primarily consisting of fertile plains suitable for agricultural development [1] Group 2: Soil Pollution Monitoring and Status - In 2023, Jiangsu conducted soil quality monitoring at 778 national monitoring sites, with 94.7% of points showing pollutant levels below risk screening values, indicating overall good soil quality, although construction land pollution remains a concern [2][4] - The province has 87 contaminated sites pending control or remediation as of May 2025, with 57 sites successfully removed from the pollution risk management and remediation list since 2020 [8] Group 3: Fertilizer Usage Trends - Jiangsu has seen a continuous decline in fertilizer usage since 2010, with 2023 usage at 2.6704 million tons, projected to decrease to 2.6126 million tons in 2024 [7] Group 4: Soil Pollution Prevention Funding - The budget for soil pollution prevention in Jiangsu for 2025 is set at 13.839 million yuan, following a peak funding of nearly 200 million yuan in 2022 [11] Group 5: Environmental Safety Goals - The Jiangsu government aims for a 93% safety utilization rate of contaminated farmland by 2025, with a focus on both agricultural and construction land soil safety [12][15]