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HobbitFoot t1_j64jqs3 wrote

Reply to comment by lucasbelite in BuzzFeed says it will use AI to help create content, stock jumps 150% | CNN Business by KennyFulgencio

The company is one of the largest internet media companies that turns a profit. People are investing in a company that makes money.

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lucasbelite t1_j64p362 wrote

You need to reread their financials if you think they turn a profit.

> Net Profits:

> BuzzFeed Inc’s net profit fell -609.35% since last year same period to $-26.86Mn in the Q3 2022.

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