May 2, 2026

May 1 (Reuters) – Reddit (RDDT.N), opens new tab shares jumped over 12% on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media company’s AI-driven advertising tools. If current gains hold, Reddit is on track to add ‌about $3.4 billion in market value.The company’s AI-optimized ad platform enables advertisers to place targeted ads directly within […]

May 1 (Reuters) – U.S. antitrust authorities have completed ‌their review of Intel’s (INTC.O), opens new tab investment in SambaNova, a chip startup chaired by ⁠Intel CEO Lip-Bu Tan, according to a regulatory notice circulated on Friday. Intel put $35 million into SambaNova in February, which, ‌along ⁠with other financing, boosted Intel’s stake in the startup to ⁠8.2%