Author: arthursheikin@gmail.com

[ad_1] Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably. One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The results revealed that the majority of Reddit’s revenue continues to come from ads, which brought in $465 million, representing 93% of the company’s total revenue.  Last month, Reddit launched two new features for advertisers: Reddit Insights, a tool that leverages the billions of posts and comments on the platform to spot trends and offer real-time insights for campaign strategies, and Conversation Summary…

[ad_1] Updated 2025-07-31T21:22:51Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Apple’s earnings are out — and it’s a big beat. Revenue, EPS, iPhone sales, and services all topped Wall Street’s estimates, with the stock popping 2% after hours. CEO Tim Cook kicked off Apple’s analyst call at 5 p.m. ET — follow along for the latest. Apple…

[ad_1] Apple on Thursday signaled that it’s getting more serious about its plans to catch up in the AI race. “We see AI as one of the most profound technologies of our lifetime. We are embedding it across our devices and platforms and across the company. We are also significantly growing our investments,” CEO Tim Cook said on the Q3 2025 earnings call with investors. “Apple has always been about taking the most advanced technologies and making them easy to use and accessible for everyone, and that’s at the heart of our AI strategy,” he added. Cook expanded on those…

[ad_1] AI research lab Anthropic’s AI models are now the top choice for enterprises, surpassing OpenAI. Anthropic now holds 32% of the enterprise large language model market share by usage, according to a report from Menlo Ventures released on Thursday. OpenAI holds the second-largest market share by usage among enterprises, with 25%. The figure marks a strong reversal from even just a couple of years ago. Since 2023, OpenAI has seen its market share among enterprises decline sharply, according to the report, as Anthropic’s has steadily risen over the same timeframe. OpenAI held 50% of the enterprise market share by…

[ad_1] Heading to happy hour with your colleagues and boss can be fun, but it can also be a tricky social scene to navigate — especially when alcoholic drinks are involved.To help you steer clear of common pitfalls, Business Insider asked etiquette expert Myka Meier to share some of the most common missteps people make at work happy hours and how to avoid them. Here’s what she said.Overindulging in alcohol at happy hour can lead to issues in the workplace Drinking too much can sometimes lead people to say things they wouldn’t normally say in the workplace. PixelsEffect/Getty Images Meier…

[ad_1] The U.S. economy is looking resilient based on recent data, but cracks are starting to show for certain companies – and that could be bad news for investors chasing yield. Earlier this week, the Commerce Department reported that U.S. gross domestic product for the second quarter grew 3%, surpassing the 2.3% estimate from economists polled by Dow Jones and reversing a 0.5% decline in the previous quarter. Nevertheless, companies with less-than-sterling ratings are feeling some pressure, according to data from Moody’s Ratings. More downgrades at the lower end of the speculative grade spectrum lifted the rating agency’s “B3 negative…

[ad_1] It’s a strange glimpse into the human mind: If you filter search results on Google, Bing, and other search engines to only include URLs from the domain “https://chatgpt.com/share,” you can find strangers’ conversations with ChatGPT. Sometimes, these shared conversation links are pretty dull — people ask for help renovating their bathroom, understanding astrophysics, and finding recipe ideas. In another case, one user asks ChatGPT to rewrite their resume for a particular job application (judging by this person’s LinkedIn, which was easy to find based on the details in the chat log, they did not get the job). Someone else…

[ad_1] Concentrated tech strength is powering a market that is otherwise flashing signs of falling consumer health, according to Josh Brown, CEO of Ritholtz Wealth Management. Concerns around the market are mounting as artificial intelligence-related capex spending and strong corporate earnings — notably from Meta and Microsoft reports this week — fuel record gains for just a few megacap tech companies, while the rest of the S & P 500 is posting lackluster returns. “The top five market cap stocks now, all AI, spoiler alert, I think they’re equal to the market cap of the bottom 430 S & P…

[ad_1] Updated 2025-07-31T18:10:26Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Amazon is on deck to report earnings on Thursday. Wall Street is expecting sales to clock in at $162 billion, with EPS of $1.33. Analysts will be listening for updates on AI, AWS, and the impact of tariffs on e-commerce. Online retail giant Amazon is next in…

[ad_1] YouTube has been grabbing headlines for winning the war for TV, but Amazon is sneaking up behind it.Amazon’s Prime Video is on pace to lead the advertising market on US-based smart TVs, according to a late July report from Morgan Stanley analysts.YouTube is the market leader right now, but Morgan Stanley forecasts that Prime Video will knock it off its perch in 2027.Advertisers are flocking to connected TVs (CTV) as consumers shift from traditional TV to streaming. Morgan Stanley expects the US CTV ad market to grow 13% a year through 2030 to $55.2 billion while the pay-TV ad…