Reddit revenue soars as it bets on AI and advertising

July 31, 2025 Lauren Forristal

Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.

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Apple projects tariff costs will hit $1.1B next quarter
Apple projects tariff costs will hit $1.1B next quarter

While sales growth suggests fear of tariffs helped fuel sales, Cook downplayed the “pull forward” effect, n...

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Apple has now sold 3 billion iPhones
Apple has now sold 3 billion iPhones

The rate of iPhone sales growth has accelerated too. This uptick in sales might be temporary, though.