B. Riley Securities Maintains Buy on Reddit, Raises Price Target to $270

PINS' Growing ARPU Signals Stronger Monetization: Will the Trend Last?

Pinterest reported 7% year-over-year global ARPU growth to $1.86 in Q2, driven by AI-powered features and Performance+ campaigns. However, the company faces intensifying competition from Snap (13% ARPU growth) and Reddit (36% ARPU growth), which posted stronger gains. Pinterest trades at a favorable valuation with improving earnings estimates but carries a Hold rating.

GOOGL Rides on Strong Advertising Revenues: Can It Beat RDDT and META?

Alphabet reported Q2 2026 Google ad revenues of $81.63B, up 14.4% YoY, driven by Search growth (17% to $63.27B) and YouTube ads (13% to $11.06B). Gemini AI integration is boosting advertiser performance with 500,000 adopters seeing 15% more conversions. However, Alphabet faces tougher Q3 comparisons and FX headwinds, while competitors Reddit and Meta continue gaining ground with strong ad revenue growth.

Reddit shares are trading lower, possibly in response to peer Meta agreeing to a maximum settlement in a lawsuit alleging its technology harmed children. The social media platform may be impacted by nationwide changes for teen users.

Meta Agrees To Pay Maximum Settlement Of $16.68B To States As Part Of Agreement, Including $2.2B To California; Deal Requires Nationwide Changes For Teen Users Of Instagram And Facebook; Judgement Requires Meta Default Daily Limits And Nighttime Blocks For Teenage Users

– Reuters cites court filing