US Stock Market Move | Launch of two new artificial intelligence advertising features Reddit (RDDT.US) surged over 15%

On Tuesday, Reddit (RDDT.US) surged more than 15%, reaching a three-month high of $144.85. On the news front, the social platform Reddit launched two new artificial intelligence (AI) advertising features aimed at helping brands engage more effectively in conversations with platform users and increase ad engagement rates. Reddit stated that the new AI tool, called Reddit Insights, will provide marketers with real-time user trend analysis, helping them test creatives and understand popular topics before advertising, in order to more accurately plan marketing campaigns.