REDDITING: All Time Highs
Peter is here on 41st, reading the prospectus of REDDIT for tomorrow.
I can't help but think that I'm probably the biggest fan of inquiry-based learning. With the prevalence of AI, I believe that ad revenue will be at a premium for subcultures of inquiry-based learning like REDDIT and Quora.
This premium will exist if you consider the way that AI is being tailored by big technology to be a social justice warrior, which really restricts people's pursuit of the truth.
If you observe, AI doesn't work well with advertising on the front end, yet it will still work with human communities like REDDIT.
This is why there will always be a community of people "Redditing."
I believe major technological breakthroughs will work to lower OPEX (operating expenses) for the company. And they demonstrate this with their iteration of an ESOP (employee stock ownership plan) program for its moderators and community.
Data Licensing
In our data licensing arrangements, we provide customers with the right to access data from our platform over the contractual period. The transaction price in data licensing arrangements is generally a fixed fee or usage-based fee. We recognize data licensing revenue as our data partners consume and benefit from their use of the licensed data, which is generally ratably over the license period. Payments for data licensing revenue arrangements are due based on the contractually stated payment terms, usually within 30 days.
It appears to be a speculative long position near the IPO's opening range, and fluctuations and adjustments within the capital structure contribute to volatility, which could be advantageous.
SPY 0.00%↑ and NVDA 0.00%↑ will likely make all time highs and the S&P 500 will likely close higher for the week.