Diane King Hall is joining me now and taking a look at a few of the names on the move. This is the 10-year bond yield has moved higher two bips in the last half hour or so, now at 420. So, I wanted to note that.And you're looking at Huntington this morning. Good morning. >> Yeah, it continues to catch a bid today.Smaller today than uh its recent moves that we've seen, but it continues to hit record after record. And this comes as defense spending momentum increases here. So, it's really put the wind at the ...

Core Insights - The social-media platform is benefiting from its globalization efforts, indicating a successful strategy in expanding its international presence [1] Group 1 - The company has significant potential for further international growth, suggesting that there are still untapped markets available [1]

Core Insights - Reddit is expected to report strong earnings with adjusted EPS projected at $1.07, an increase of over 80% from $0.59 in the same quarter last year [1] - Revenue is anticipated to reach $549 million, reflecting a 58% increase from $348 million in the previous year [2] - Daily active users are estimated at 114 million, marking a 17% increase year-over-year, but indicating a deceleration in growth [3] Financial Performance - Advertising revenue is projected to increase by 63% to $513 million in the third quarter [4] - Analysts from firms like Deutsche Bank and B Riley Securities have maintained Buy ratings on Reddit's stock, indicating positive sentiment in the market [4] User Growth and Engagement - The company has experienced five consecutive quarters of slowing growth in daily active users since a significant increase in Q2 2024 [3] - Concerns about referral traffic from Google persist, but internal initiatives may enhance user growth control [5] Licensing Deals and Partnerships - Analysts are closely monitoring updates regarding Reddit's licensing agreements with Google and OpenAI, with potential new pricing models being discussed [6] - Stock performance fluctuated due to concerns over Reddit's negotiating power following a reported decline in citations in OpenAI's ChatGPT [7]

Market Overview - The recent bull market on Wall Street has persisted for three years, primarily driven by the adoption of generative AI technology, with cyclical sectors like industrials, financials, consumer discretionary, and utilities also participating [1] - The bull run is expected to continue due to a resilient U.S. economy, declining inflation, solid earnings results, and the Fed's low-interest rate regime and accommodative monetary policies [2] DocuSign Inc. (DOCU) - DocuSign's strength is attributed to its subscription revenues, which have been the majority of its top line over the past three years, and efficient international growth from selling expenses [4][11] - The company has a strong focus on R&D, enhancing product offerings and customer experience, supported by partnerships with tech giants like Salesforce and Microsoft [5][11] - Expected revenue and earnings growth rates for the current year are 7.1% and 3.9%, respectively, with a 0.5% improvement in the Zacks Consensus Estimate for earnings over the last 30 days [6] - DOCU is trading at a 37% discount from its 52-week high, with a short-term average price target indicating a potential increase of 37.3% from the last closing price of $67.91, suggesting a maximum upside of 82.6% [7] Reddit Inc. (RDDT) - Reddit is experiencing strong growth in user engagement, with rising daily and weekly active users, ARPU gains, and expanding advertiser tools [8] - AI-powered features like Reddit Answers, which has over six million weekly users, are enhancing content discovery and personalization [9] - Expected revenue and earnings growth rates for the current year are 58.6% and over 100%, respectively, with a 0.5% improvement in the Zacks Consensus Estimate for earnings over the last 30 days [10] - RDDT is currently trading at a 40.9% discount from its 52-week high, with a short-term average price target indicating an increase of 11.8% from the last closing price of $200.76, suggesting a maximum upside of 49.4% [12] Fair Isaac Corp. (FICO) - Fair Isaac is benefiting from strong financial performance driven by growth in its Scores and Software segments, with new scoring models enhancing predictive accuracy [13][14] - The Software segment shows strength with increased adoption of SaaS and license revenues, indicating strong platform engagement [14] - Expected revenue and earnings growth rates for the current year are 19.6% and 30.7%, respectively, with a 0.1% improvement in the Zacks Consensus Estimate for earnings over the last 30 days [15] - FICO is trading at a 31.9% discount from its 52-week high, with a short-term average price target indicating a potential increase of 21.1% from the last closing price of $1,636.65, suggesting a maximum upside of 46.6% [16]

Core Viewpoint - Reddit (RDDT) stock has decreased by 26% over the last month, currently priced at $196.35, but is viewed as an attractive investment opportunity with a target price of $258 due to strong operational performance and solid financial health [1][2]. Financial Performance - Reddit's market capitalization stands at $36 billion, with revenues increasing by 70% from $981 million to $1.7 billion over the last 12 months [3][6]. - The company has experienced an average revenue growth rate of 42.6% over the past three years, with quarterly revenues rising by 77.7% to $500 million compared to $281 million a year prior [6][7]. - Operating income for the last 12 months was $131 million, resulting in an operating margin of 7.9% [10]. - The net income reported was nearly $216 million, reflecting a net margin of approximately 13.0% [10]. Financial Stability - Reddit's financial stability is rated as very strong, with a debt of $25 million and a debt-to-equity ratio of 0.07% [10]. - Cash and cash equivalents amount to $2.1 billion, which is 78.3% of total assets of $2.6 billion [10]. Valuation - The stock is considered to have a very high valuation compared to the broader market, yet it remains attractive due to its strong growth metrics [4][7].

Core Insights - Reddit's stock has increased over 40% year-to-date, despite a recent decline [2] - The platform has successfully improved its advertising capabilities, leading to increased advertiser ROI and market share [4][10] Advertising Performance - Reddit's new dynamic product ads have doubled advertiser ROI, attracting ad dollars from competitors [4] - Visits to Reddit's ad platform have surged by 86% year-over-year, significantly outpacing other social media platforms [4] - The platform's advertising technology has unlocked substantial value, making it more appealing for advertisers [10] User Engagement - Consumer platform visits have grown by 5% year-over-year, indicating steady user engagement [5][12] - Reddit's community-driven content allows for targeted advertising, enhancing the relevance of ads to users [8][11] Market Position - Compared to peers, Reddit's growth in web visits is positive, while platforms like Facebook and Snapchat are experiencing declines [12] - Reddit is viewed as fairly valued in the market, with a loyal user base that supports its advertising initiatives [14]

Core Viewpoint - Needham raised its price target on Reddit (NYSE:RDDT) to $300 from $215 while maintaining a Buy rating, resulting in a 2% increase in shares during intraday trading [1] Group 1: Financial Estimates and Price Target - The firm increased its FY25 and FY26 estimates and price target due to benefits driven by GenAI and rising labor productivity [2] Group 2: Areas of Growth for Reddit - Google's shift to displaying direct answers instead of links is prompting top publishers to seek inclusion in Reddit's search results to recover lost traffic [2] - Reddit is utilizing GenAI-powered translations to accelerate the growth of its international communities, which is helping to unlock new advertising revenue opportunities [2] - The company is in negotiations with OpenAI and Google's Gemini to renew licensing agreements with more favorable terms than before [2]

Group 1 - Reddit Inc. is changing its subreddit activity indicators by replacing "Member count" with metrics for active visitors and weekly activity levels based on a rolling 28-day average [1][2] - The shift aims to better represent user engagement, as the previous member count did not account for non-member participation in discussions [2] - This change is expected to enhance the perception of community vibrancy and provide valuable insights for brands conducting research [2] Group 2 - Reddit operates a digital community platform that facilitates user engagement through conversations, hobbies, and community building [3] - The company is recognized for fostering highly engaged communities, positioning itself as a key source for human-centric insights and AI-related information [2]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Reddit, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class action lawsuit pertains to securities purchased between October 29, 2024, and May 20, 2025, with a lead plaintiff deadline set for August 18, 2025 [1][2]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. Group 2: Allegations Against Reddit - The lawsuit claims that during the Class Period, Reddit's defendants made false and misleading statements regarding user engagement and advertising revenues [4]. - Specific allegations include that changes in Google Search's algorithm led to a significant reduction in traffic to Reddit, which the defendants failed to disclose [4]. - The lawsuit asserts that the increase in search queries for "Reddit" was misleading, as users were finding answers directly from Google without visiting Reddit [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3].