RDDT could consider exclusive $1 billion data deal, Jonah Lupton notes

RDDT could consider exclusive $1 billion data deal, Jonah Lupton notes
RDDT rumored to eye $1 billion data deal

Jonah Lupton, investor and market commentator at Social Media / FinTwit, highlights that RDDT is the sixth most used website globally with a market cap of $25 billion.

According to Lupton, there are rumors that RDDT might pursue an exclusive data licensing arrangement with Gemini, OpenAI, or Anthropic, potentially at a significant premium. He mentions hearing that such a deal could be valued at $1 billion.

Lupton has previously highlighted major stock market moves, noting when Micron's market cap jumped by $163 billion in a single day. He has also engaged investors on undervalued stocks based on fundamentals and catalysts for future gains. His commentary often focuses on company valuations and key market developments.

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