API

PapaCharlie9

If it's not the average of all contracts for that expiration, what else would it be? You said "single stock" not "single contract", so the IV for a "stock" has to be an average over all contracts. If you want a single contract's IV history, you can get closing values for free from here (not an API): [https://www.optionistics.com/quotes/option-prices](https://www.optionistics.com/quotes/option-prices) If you want time series data that would allow you to calculate historical IV yourself, you can get that from here: [https://polygon.io/pricing?product=options](https://polygon.io/pricing?product=options)

samaritan1331_

Limiting the NFC API to only work with Apple pay and not allowing 3rd party apps to use NFC to accept or send payments isn't exactly "winning a competition."

PapaCharlie9

Some are listed here. You want the ones that offer a web API: [https://www.reddit.com/r/options/wiki/faq/pages/data\_sources/](https://www.reddit.com/r/options/wiki/faq/pages/data_sources/)

ayesha_46

The best way would be to use an SMS API based platform. This way, you can configure your own triggers and also put a layer of AI on it. An SMS API platform recommendation - Message Central.

Racxie

This is due to the whole Reddit API fiasco last year, with a lot of subs being affected for good reason. Found an an article [here](https://qz.com/reddit-amas-r-iama-protest-api-changes-steve-huffman-1850600843) with the announcements from r/AMA on this matter.

xluryan

Sign up for an API. There are many. polygon.io, developer.schwab.com, etc...

greytoc

Lack of fixed income products and mutual funds is just one thing. But realistically, there are lots of ETFs these days which can be used as a substitute. For me - it's services like, access to futures, portfolio margin, 24x7 live support, dedicated customer rep, local presence for certain transactions, API, etc. There are also some fees like wire fees that matter to me. I do make use of wires often and Fidelity doesn't have a fee for inbound/outbound wires. Robinhood also doesn't support common option strategies like box spreads - which I use regularly. Although to be honest, Fidelity's margin requirements on long box is kinda useless. Robinhood is kind of a weird broker - imo. They really went after very inexperienced active traders who don't really know much about trading and investing with the promise of no commissions and a dumb-down application process. That really swelled their account numbers but average account size was very small. The reality is that many brokers already offered no commission trading to their active traders so the more experienced traders with larger account sizes don't usually consider Robinhood as a viable broker. So - I'm guessing that these promos that Robinhood is doing is a way to try to entice larger accounts. It actually makes sense why Robinhood is doing these promos. For me - a buy and hold IRA portfolio and the credit card promos can make sense. And that's what I'm looking at Robinhood. But I'm not really sure how Robinhood would make money off accounts like mine so the account grab just doesn't make sense to me. Ultimately - I do think that the Robinhood promos are good incentives. And it can be a great way for many people to get an extra few hundred bps even if it's not permanent. I do think that it's a personal choice though - for me - the extra bps may not be worth it. I like the comfort of knowing that I can have really good support and customer service from a broker. As an example - today is the tax deadline. Due to my mismanagement and misunderstanding from my tax accountant, I ended owing a large payment. This meant that I had to move funds from some Fidelity and Schwab accounts into a bank account. With both firms - I was able to get transferred to their wire desk and reach an actual wire clerk who stayed on the phone with me while they did the actual wire transfer. I'm not sure I would get the same type of support from Robinhood. I have been trading and investing for decades so I've seen and have had accounts at dozens of brokers. And I've worked at a couple (institutional only) brokers. So I'm a little familiar with how brokers work. I do think that Robinhood has a good opportunity to be a great retail broker if they can just get hit the right sweet spot. So - if you are looking to try out Robinhood - it could certainly work well for you. Everyone has their own requirements, just because it may not be right for me - doesn't mean that it won't work for you.

SwellsInMoisture

I do! And there's no paywall. The [finvizfinance API](https://pypi.org/project/finvizfinance/) is 100% free. Only issue is querying frequency, so I have a 250ms delay built in between requests.

McKnuckle_Brewery

Don't overlook GoogleFinance, which is an API that's built into Sheets (as an alternative to Excel).

ColdStoryBro

That's not quite right. Customers are using pytorch to develop ml models on virtualized hardware running on large-scale networked systems. They aren't asking AWS or a service provider to translate their programs into cuda. The developer uses the cuda API in pytorch to develop and train their models. Aws provides the hardware infrastructure that can actually run the models so users don't have to buy millions of dollars of hardware.

JPhando

I can o it imagine how good the Goldman one is. I was using the yahoo finance API but then they changed the access model. Thanks for the tip on fin hub.io

IAmTHELion12

I used to work at Goldman and theirs is amazing, but really hard to get access to. The best I could find was finnhub.io But they have started charging more for their API.

hundredbagger

What do you use to store the data? If I were to buy from polygon and figure out how to use the API… do you just load CSV files into like a DB program like access? (Is there some DB management tool that’s very popular?) I guess then I could just read in to Python from that db and use some libraries like “zip line”

Reasonable_Sky2477

It’s an API based on Yahoo finance

zjz

That's awesome, I appreciate it, but it'd be slow as hell for inference of a large model. The thing I wanted to set up is a bit involved and would require scraping reddit gilding events so I just haven't dived into it yet. Things with wsbapp have been taking priority. In a perfect world I'd have a few A100s in a rack and run an absolutely massive model, completely unaligned, to do both classification for the subreddit and amusing VM chatter. Tall order. It might be easier to do all of this from some LLM API if I can make enough through people gilding him for more attention or something. Idk, if I hit a brick wall I'll poke ya.

zjz

That might be possible, the API we use is finnicky I might only know about it if it's that week.

BarRepresentative653

Do you just get the data from an API?

Reasonable_Sky2477

not ready to be shared yet (have some work to do on it so it doesn't run up my API bills etc), but will share once it's there, sure

freshjohnson69

Let me check Robinhood inside reddit, could it really be that hard to integrate the API's 

rice_not_wheat

The point isn't how good it is right now. The point is how good it will be next year, and how easily machines can utilize the API.

rice_not_wheat

GPT isn't entirely free. You have limited API calls. It also operates essentially at a loss, as a project of Microsoft (the nonprofit status is more or less just MS Tax shelter for its research, as the OpenAI CEO debacle showed). It won't be free forever. Why would a consumer use Google AI powered search over OpenAI? No idea. But if I'm a company setting up a *machine* / AI to use a search engine, I can see lots of reasons I'd lean towards Google instead.

xdaax

Yes via API they should have it if not find a broker with API access

PeopleThatAnnoyYou

Whispertrades.com. But if you need something niche you would need to code your own filters and hook into their API to enable/disable bots. If it's really niche, you may want to hook in directly with your brokers API. TDA/Schwab's API gives you realtime market data/Greeks fwiw.

Own-Wolverine-5361

zjz you gotta tap into a better API for your stock prices

SaticoySteele

Only $30M more to go to break even! I'm being facetious obviously, but this is kind of the rub -- Google is likely one of, if not the biggest customer for them in the AI learning sphere, and even that doesn't come close to offsetting their losses. Even assuming they get a few dozen more buyers lower down the pricing ladder, is that really going to be enough to turn a reliable profit year over year? Or lead to any sort of growth? Like you say, if they had proven capable of being profitable at literally any point in the past I'd be slightly more confident, but it's just hard to believe that monetizing their API is going to suddenly turn them into a well-run company.

nopenope12345678910

The oral form is also far less effective for weight loss even at equivalent doses. Also the supply issues have nothing to do with the underlying API semaglutide, it’s the production of the single use auto injecting pens.

Indexxak

meh, you can create a trading bot using freqtrade framework with AI in couple hours these days if you know python, basics of coding and how to read API documentation. Spoilet alert: it does not print cash. Be careful with that.

greytoc

You should be able to algo trade with Ibkr. Schwab's API just came online last week so you can check out their API as well - the new API replaces the legacy TDA API. I recall looking at Alpaca in the past and thought they were a bit immature.

RandomGenerator_1

So the 2025 budgets aren't offering the information we all want right now, but some interesting points: Notable budget requests for 2025: / FDA Foreign Office Expansion This $1 million investment will strengthen FDA’s oversight of imported products by expanding the Agency’s foreign office footprint and deployed personnel. / Expand FDA’s Ability to Disclose and Use Certain Information Related to Impurities in Drugs That Pose a Risk to the Public Health / Require Site Master Files for Drug Manufacturing Facilities SMFs can improve FDA understanding of quality management practices and supply chain management, which will improve overall supply chain resiliency / Expanding Information Disclosure Authorities with States   / Evaluation of Non-Application Drug (finished dosage forms and active pharmaceutical ingredients (API) Manufacturers Before Marketing Under this proposal, a manufacturer that intends to distribute a non-application drug in interstate commerce from an establishment for the first time would be required to notify FDA of its intent at least six months prior to its first distribution. A recent focus on firms manufacturing non-application drugs has identified a high rate of non-compliance with current good manufacturing practice (CGMP) requirements, especially when a facility is first inspected. / Require Destruction of Imported Products that Pose a Significant Public Health Risk FDA also believes this authority would increase efficiency when Customs and Border Protection (CBP) seizes an FDA-regulated product. ---> I find this interesting, since it sounds like a loose end which is now a DEA task when seizing marijuana. / Provide the FDA product centers with the timely and definitive toxicity assessments required for informed public-health decisions on substances such as cannabis-derived products, including cannabidiol (CBD), and opioids. / Cannabis-Derived Products such as Cannabidiol (CBD) FDA recognizes the opportunities that cannabis or cannabis-derived compounds have for widespread consumer consumption and potential therapeutic use. However, FDA is aware that some companies are marketing products containing cannabis and cannabis-derived compounds in ways that violate the Federal Food, Drug, and Cosmetic Act Despite that approval (Epidiolex), much is still unknown about the potential toxicities related to the thousands of cannabis-derived products marketed as foods, beverages, cosmetics, dietary supplements, and products for animals. NCTR is working with the FDA product centers to answer questions about the science, safety, and quality of products containing CBD.. / Chief Scientist Challenge Grants FDA Headquarters established, and now manages and coordinates the review and granting of intramural research award programs that supports four competitive research areas: The scientific areas of the recent projects include nanomaterials, ... AI,..., and surveillance of cannabis-derived products. / DEA 2025 budget narrative Schedule 1 Research Expansion The DEA fully supports opportunities to conduct and expand research with schedule I controlled substances to include marijuana and psilocybin and DC continues to be a vital resource for researchers and scientists. Further focus on protecting forests from illegal grows, and national lands. / Drug Control Policy 2025: Cannabis is mentioned when they are talking about state legal things remaining stable. Marijuana is mentioned when talking about illegal things. / Difference in vocabulary: DEA only mentions "marijuana". FDA mentions "cannabis and cannabis derived products"

greytoc

Alpaca and Composer are newer introducing brokers that focus primarily on providing API services to retail algo traders. Alpaca clears through Velox and Composer clears through Apex.

szakee

API

Traditional_Rock6376

Alpha Vantage provides free access to historical and real-time stock data. It offers weekly and daily data for stocks, indices, and ETFs. They have a Python API that allows easy integration into your projects. Quandl offers a wide range of financial and economic data, including stock prices, indices, and ETFs. While some datasets are free, premium datasets are also available for a fee. Quandl provides Python libraries for data access. Yahoo Finance provides historical data for stocks, indices, and ETFs. Although their API has had some changes over time, you can still access data through various Python libraries like `yfinance`.

jusjones314

I saw a video where a guy said Amazon's API's usually mean an Actual Person in India 😂😂😂

Wklauss

LLMs were not unexpected. It's an evolving technology that those who follow the space saw rising. ChatGPT didn't just magically appear one day. It was a tool intended to showcase GPT3 and GPT3's API. As it usually happens, luck and timing played an important role and popularity of the tool skyrocketed. You can have "unexpected" developments in any field, including home robotics. This is moot, however, as Apple probably was already working on home automatization to some degree. They work on a lot of things at any given time. What has changed is the narrative. Bloomberg now paints a story about a company pivoting from cars to robots, but likely they had engineers working on both things for a while. Staff from the car team is now being reassigned and so robotics efforts are being reinforced, that's all.

pokesmot42o

I always thought API meant Anal Pathway Inspection

BigCheez01

API - A Person in India

markets-sh

Hi, there was an issue with the data synchronziation, the financials should now be available no later then 48 hours after release. Please contact us in case you need a bulk dataset for any of your watched companies. If you would like to try out the new paid API features (signals, comparison, private company research) you can use code REDDIT50 for 50% off the first three months of any subscription. Kind regards the [markets.sh](http://markets.sh/) team

markets-sh

Hi, there was an issue with the data synchronziation, the financials should now be available no later then 48 hours after release. Please contact us in case you need a bulk dataset for any of your watched companies. If you would like to try out the new paid API features (signals, comparison, private company research) you can use code REDDIT50 for 50% off the first three months of any subscription. Kind regards the [markets.sh](http://markets.sh) team

Momoware

You rely on Open AI endpoints whether you use azure or direct Open AI API. Plus there's no true on-prem deployment of GPT4 due to the sheer resource intensiveness of it.

Dave_Tribbiani

OpenAI doesn't do humanoid robots, it just provides an API to figure. Theoretically, Tesla could get the same if they wanted to. But OpenAI's lead is shrinking by the day (eg, Anthropic has the best current LLM in the market). But yes, Tesla is competing with Fugure. Elon even replied to the Figure's CEO to bring it on.

DopeAbsurdity

They aren't playing catch up. There isn't some magical special sauce that NVIDIA puts into its AI accelerators that other companies are trying to mimic....it's just the CUDA API plus the standard hype of "NVIDIA GPU better". Seriously people go buy an RTX 3050 for $275 instead of an RX 6600 for $200 even though the RX 6600 beats the crap out of the RTX 3050. AMD isn't lagging behind in hardware they are lagging in public perception.

DopeAbsurdity

It's not second rate hardware that is the part people seem to not get. NVIDIA has a software API called CUDA that software is why they have that monopoly on AI hardware. NVIDIA cards can run CUDA natively where as it needs to pass through a translation layer to run on other companies hardware. Also yeah I think that if Microsoft or Google could get more compute power from AMD for the same price as they would pay NVIDIA they would definitely go AMD because they don't need to give a fuck about CUDA because they can just run their own in house shit or create a translation layer in house.

DopeAbsurdity

I am fairly certain Intel got into GPU manufacturing to make AI accelerator shit. They have some FPGA AI accelerator stuff going on and they have their own FABs to make chips now. Intel hasn't gotten it's AI hype stock boost so if they do make something significant (didn't say they would just saying it is very plausable) then the stock could eaisly get a boost from it. What the fuck can NVIDIA announce that isn't priced into their stock currently? The widespread use of the CUDA API is basically the only reason why NVIDIA has a monopoly on enterprise AI hardware. A translation layer was made that let AMD hardware run CUDA based software and it took basically a zero hit in compute power to do so. Buying NVIDIA now is straight up FOMOing in after the huge bump to it's price. I think it's neat you know nothing about hardware or AI.

lost_in_life_34

AWS bills Software licenses API access for services Salaries

okay_thatworks

here's the i-nav google sheet: https://docs.google.com/spreadsheets/d/1I5_OpvQ9i8pv78fnJvOK3VYfEtxvBjSgmAwkiJukJBI/edit#gid=514343090 you can click on the "chart" sheet to get current nav this will refresh every 2 minutes (i can have it refresh every minute but then google complains about me hammering their API too much) props to the homie for the idea

Infamous_Ad_4547

Thank you, yes, I am looking for historical data, in the above, online suggested smart flow API and that seems to have this... if you know other resources for the same, please let me know

petersrq

DOGE is the play … Musk has indicated that new X payment systems will allow use of DOGE. Also DOGE recently released a new API allowing businesses to more easily use DOGE as payment. I can see companies like Square and Shopify integrating Doge. More easily gaining wider acceptance.

nickerzb

dbt cloud is just a runner. No compute happening there. It submits the same SQL as dbt core. Snowflake for ML has some good stuff in private/public preview but I wouldn't use it for ML in production yet (except for very specific instances). Airflow is a great addition if you need to orchestrate things along with dbt. There's also cosmos which is an Airflow operator for dbt that takes your dbt DAG and integrates it into your Airflow DAG. You can also just trigger your dbt cloud job/runner from Airflow via API as well. However, if all you care about is orchestrating your transformations (separate of ingestion) then dbt is a great solution.

eusebius13

IB API would be the easiest way. Also kudos to you for not learning this like most people do after buying or selling monthlies when they wanted weeklies.

Right-Shift-53

To use API, does one have to use or write something like QuantConnect's LEAN to trade live? Or are APIs only good for backtesting? Also, would you use their IV or do your own calculations? (I learned from ORATS that there are a lot of intricacies in IV calculations)

op-traders

Maybe you can use some tools like Smart Option Flow Data API to help you figure out? It returns real-time and historical structured data for Unusual Options Activity(UOA), representing anomalies in the Options Order Flow, and the data latency is generally within 1 minute [https://docs.optiondata.io/reference/api-reference/smart-option-flow-data-api](https://docs.optiondata.io/reference/api-reference/smart-option-flow-data-api)

op-traders

Maybe you can use some tools like Smart Option Flow Data API? It returns real-time and historical structured data for Unusual Options Activity(UOA), representing anomalies in the Options Order Flow. And the data latency is generally within 1 minute!! [https://docs.optiondata.io/reference/api-reference/smart-option-flow-data-api](https://docs.optiondata.io/reference/api-reference/smart-option-flow-data-api)

op-traders

Smart Option Flow Data API is a good one! It returns real-time and historical structured data for Unusual Options Activity(UOA), representing anomalies in the Options Order Flow. And the data latency is generally within 1 minute!! [https://docs.optiondata.io/reference/api-reference/smart-option-flow-data-api](https://docs.optiondata.io/reference/api-reference/smart-option-flow-data-api)

op-traders

Smart Option Flow Data API is a good one! It returns real-time and historical structured data for Unusual Options Activity(UOA), representing anomalies in the Options Order Flow. And the data latency is generally within 1 minute!! [https://www.optiondata.io/](https://www.optiondata.io/)

tfyousay2me

You realize the cash cow of Reddit hasn’t been tapped yet? The VAST amount of human conversing in multiple languages, tones, topics, ways of life. They’ve monetized their API….its only a matter of time before ChatGPT calls for some massive amount of data….again with some of that Microsoft money. Also with any other AI modeler. But hey….ads right?

stepback-3-pointer

Fair enough. See OP’s response though, the guy didn’t understand something that’s literally fundamental in his job. I’d let someone call me an idiot if I couldn’t explain to them what an API is and I call myself an engineer

876General

SNOW is way more than a Data warehouse. They have Data Lake, snowpark where their Python workbook where you can run API, streamlit for ML and building apps and a lot more. There’s a reason it’s growing so fast

ImNotHere2023

CUDA is predominately a software API and has nothing to do with the quality of the chips.

42beers

I think if Reddit stock has any value, it will definitely be AI-related. Remember when they locked the API? Exactly why. Anyhow, planning on buying when it drops even more.

ItinerantDrifter

Nice. Your method sounds much more stable and reliable than mine... I am just an amateur doing this for fun and to try and learn. But maybe I will mess around with that API when I have some time. Thanks! Honestly not adding the AYR warrants has just been sheer laziness. I just figured it hasn't mattered much with the low weighting, but on a day like today it is somewhat important for sure. Anyways, I just did it and it pretty much only took one line. Hah. AYRWUprev = (yf.download('AYR-WTU.CN', DateStart, DateEnd, interval='1m'))\['Adj Close'\].iloc\[-1\] Oh, and I do similar to you with the backfilling... I backfill with the most recent minute close for each ticker, but use minute averages otherwise: avg(High, Low, Close) The one idea I'm proud of is to use SPY to setup the original dataframe with all the minutes, and then use those to fill and then backfill the MSOS data as well so I'm never missing any minutes, even the zero volume ones. I also use SPY to help with automation to see if the market is currently open/close. Just an amateur, but I was pretty proud of those ideas so thought I'd share. Anyways my updated closing NAV is [now $9.924](https://ibb.co/q1fhvtD) with the AYR warrants, so a little more in agreement now. Probably just small rounding differences from Yahoo... they are weird with that. Thanks!

goldenloi

>Try scraping Reddit for valuable data and see how those API fees eat you alive. I see what you're saying if you or me tried to get data from it with retail API fees but I'm talking about a big tech competitor. Would Reddit itself not have similar costs associated with collecting and managing its own data than would another big tech company trying to do the same thing? >It was certainly unprofitable before as most start ups are. The intent was to create formal infrastructure and grow a stickier userbase which they have done successfully and have been profitable as of the most recent quarter. Reasonable and fair. > a few billion in market cap for one of the 10 most used resources on earth while still in its commercial infancy seems reasonable. To me it has to do with the supply side. What Reddit does is replaceable. Now the actual userbase and network effects are not easily replaceable but we've seen time and time again through the evolution of the web that things come and go. This isn't a prediction, but I have to wonder if Reddit's best days are behind it.

UsuallylurknotToday

Try scraping Reddit for valuable data and see how those API fees eat you alive. I’m assuming you cannot reasonably suggest trying to do so manually because that would be useless. It was certainly unprofitable before as most start ups are. The intent was to create formal infrastructure and grow a stickier userbase which they have done successfully and have been profitable as of the most recent quarter. Again, not saying they’re going to cure cancer but a few billion in market cap for one of the 10 most used resources on earth while still in its commercial infancy seems reasonable.

okay_thatworks

i use the google apps script and have my own data fetcher implemented. i can switch it to use anything but have been using the globe and mail's barchart API to fetch data because it gives me real-time for all tickers, but i realized yesterday that the US market tickers are now 15-minute delayed (i think they did this change recently). anyway, since the OTC data is 15-min delayed anyway, i figured it was okay i use the `MSOS` timestamps as the pivot and backfill any data from the last known minute (otherwise from the previous day's close) for ayr warrants, you can write a custom fetcher to fetch or just use this ticker from yahoo since the values are USD anyway: https://finance.yahoo.com/quote/AYR-WTU.CN

LegitosaurusRex

Like I said, I've seen about 3 ads my entire time here. I go "whoops, my adblocker is off or I'm using the wrong browser". Youtube makes a few pennies when I happen to watch on my phone where I don't have an adblocker, but I try to avoid that. And yes, all those things are happening, and despite that, they lose $90 million a year, which is *after* they juiced the numbers as much as possible for the IPO with stuff like the crazy API pricing scheme. They're not a profitable company, and .7B revenue is super low for an $8B company.

Csikszent

1. Robinhood doesn't show your realized or unrealized gains and losses. It's not a default report so you have to email them and ask for it. 2. You can't sell by lots. You need to manually track your lots and if you want to sell a specific one, then you have to contact Robinhood within a couple days. Robinhood might show you have an unrealized gain, but if you want to take some, but not all, profits, you really don't know if you're selling FIFO at a gain or loss. In Fidelity, I just click a button and get that info in less than a second. 3. Customer service is awful. They used to send GL reports in Apple Numbers format and I'd get different information each time. With my other brokers I get pretty consistent help. I've actually been super impressed with TradeStation phone support. So aside from the issues in 2021, those are the big ones I still have with Robinhood. I currently use Fidelity (long term and retirement), TradeStation and Tradier for API trading, Robinhood for very specific trades that I don't or can't do in the others.

hobbit_lamp

no legitimate AI company is going to bother to train their models without an API

zjz

DWAC disappeared and the app didn't like that since there was tally info for a ticker that suddenly didn't exist, so we got an empty slot all day. Then DJT was missing a field in the API response which will apparently be fixed soon.

waitinonit

I download my portfolio information from CS and process it with a C# program that I wrote. There's an API available to process excel spreadsheets and I can generate the metrics that I want. The analysis results are placed back in a spreadsheet to track on a day by day basis (row wise) Looking at social media, for whatever reason, Excel has become part of the intergenerational warfare. Not sure why.

ItinerantDrifter

Well I can’t vouch for its reliability, but it looks like you pull options data with the yfinance API. I know I have to error check and fix a few things runnng my script, so I wouldn’t be surprised if they options stuff was a little buggy as well.

ItinerantDrifter

Hmm I’ll have to look later, but maybe… Yahoo no longer provides their own API, so it’s a third party free thing that I use. Why? What’s your idea?

okay_thatworks

u can usually capture all the API from the network tab (open dev tools on chrome), e.g., here's the trail for the 9.50 FD: https://query1.finance.yahoo.com/v8/finance/chart/MSOS240328C00009500 now what you do with it is something else entirely

bananastock

Are you using yahoo API? Can you get options data?

thinkofanamefast

Thanks you...my "API" freelancer just wrote this back to me: "The ToS API is the problem. Their Schwab migration was not 100% done when I checked last. And once done, we will have to see what they offer via API."

zjz

i hear there are some regards who think we're censoring the ticker listings or something. It pulls from an API which I guess has not updated. I do not have the ability to put a ticker in it manually. We are limited by the technology of our time. You'll have to imagine DJT is up there with gold trim and sparkles, for now, until the API updates. If you're new here, don't be apes. Don't succumb to stonkhold syndrome. the ticker does not love you, it does not reciprocate your cheerleading. bagholding something "for the boys" is not a virtue. will unpin this shortly.

daners101

I was looking at buying rddt, but making $0 profit for nearly 20 years takes me back to ‘99. “They’re valued at what? Why?” I don’t see a great way for them to monetize without making Reddit super annoying to everyday users, just look at the API debacle. I’m sure there’s money to be made in with short-term trading, but I think they need to demonstrate some ability to turn a profit before it could be considered a quality investment. It’s all speculation at this point IMO. Also Huffman seems to be paying himself hundreds of millions, while the company simultaneously loses money? Reminds me of a bunch of “crypto coin” founders. I’ve seen this movie before. It usually doesn’t end well.

Own-Wolverine-5361

Reddit income comes from charging fees for API usage. There's like two hedge fund companies using the API to scrap comments from wsb 

smlwng

You also realize that Google's Gemini got a lot of their data from Reddit's API which is why it turned super racist right?

Fifteen_inches

Reddit API only brings in 60m/yr revenue

skydiver19

Define enough? 5% 25% 50%? What does that even represent? 1million comments, 10million? 1billion? How do you get edge cases? What's the cost in development, resources etc to get the amount you want? $50k $500k $1mill Why go through all the pain and the legalities when you could just approach them directly and could be more viable to pay for it. Actually, I'm sure chatGPT actual had permission and was collecting via reddits API and they also had an agreement with Twitter also

fsactual

Scraping Reddit and risking lawsuits isn't really a smart move for large companies, and the larger the company the less likely they'll want to deal with that, especially as laws begin to solidify on what counts as copyright infringement. Most big AI companies will just pay the license fee and get a nice API that has everything they need parsed out by category and thread, etc, including access to archives going back a decade. And this includes new companies that come along, not just the big ones we see today. Anyone can pay a few million bucks and buy the machines they need to train their own branded AI model, but data isn't so easy to come by.

jennyfofenny

Well, I think there are probably bot farms that are paying the API fees and doing all kinds of karma farming, political propaganda, and trolling. I think all sites are seeing an influx of this and it is difficult to curb (and if they're paying the fees - do they really want them to stop?). Twitter is getting destroyed by this problem + Elon.

gnocchicotti

They make all of $60M/yr off of selling API access. Totally 10B company

TomatoSpecialist6879

This is like comparing AAPL with TWTR when it was still listed lmao, you belong here. RDDT had to force the API changes just so everyone on mobile were forced to use their ad riddled app to make the numbers look good for IPO. RDDT, unlike TWTR for a few quarters, has never been profitable. If NVDA and SMCI is overvalued, RDDT is straight up IPO level garbage. They won't be going anywhere of course, but you are high on something if you think they're even comparable.

22strokestreet

My brother got an interview there a few months ago as a product manager. They asked him to pitch an idea. He sold them on licensing a DALL-E API then somehow building a hologram thing like in Star Wars. Big things in the works there. Few.

Accomplished_Rip_362

API level compatibility has been ruled 'legal' in the past. That means people/organizations could write CUDA compatible apis for ANY hardware if they so choose as long as they don't use any of the underlying NVidia CUDA code. So, that moat is not a moat really, just a small trench.

RandomGenerator_1

https://ca.finance.yahoo.com/news/medipharm-labs-provides-german-cannabis-103000049.html Summary of MediPharm Labs Business Operations in Germany Beacon Medical GMBH Beacon Medical is a wholly owned subsidiary of MediPharm Labs. Located in Potsdam, the business holds a suite of German GMP medical cannabis licenses to import, wholesale and distribute GMP cannabis products. Beacon Medical is a medical product brand with distribution via German partners Adrex Pharma, Cansativa and Medical Pharma Resource. Thus far in 2024, MediPharm has increased the German product approvals under the Beacon Medical brand from 5 to 14. Turnkey Medical Cannabis Supply Partnered with STADA, a large global consumer health and pharmaceutical company, as their exclusive medical cannabis supplier. MediPharm manufactures and distributes medical cannabis products to STADA customer pharmacies. STADA currently holds the number two market share in medical cannabis oil sales. Business to Business Supply Starting with our first contract in 2019 with long-term partner Adrex Pharma, MediPharm supplies API and end products to various German-based companies. This business line also includes GMP services, where MPL assists domestic and international companies in making their products compliant in our GMP facilities for the German export market. The recent launch of our D9 THC isolate supply business (a monographed pharmaceutical commonly referred to as Dronabinol) has expanded 2024 sales, unlocking new distribution channels in Germany.

yosoysimulacra

Blocking the API access by jacking the price, culling the mods during the 'blackout,' and the $60M/year AI training license to google seem like pretty great paths to viability and profitability. All the reddit answers and comments are the real value. The opp to sell that info for AI training is equally interesting and scary. I reckon google will eventually eat up reddit, and it will continue to be a shadow of what was 'the front page of the internet.'

JCCR90

That's a stretch of a downplay. Look at the case of tile. Apple decided to disable API, previously available, to handicap them while allowing it for themselves in their apple tag product. Watches - same thing apis locked to other watchmakers. Apple literally puts daily hurdles for those who don't buy apple watches. User hostile design choices regarding Bluetooth connectivity. Good luck texting out of your watch because that's also reserved only for apple watches. Html 5 handicapped for developers but not Apple itself Refusing RCS to force lock in of customers Obviously the 30% commission hurts consumers The ignorant analysis is "hur dur I like apple products" when it should be how much cheaper would these products be if apple had to meaningfully compete on a level playing field.

realcactuspete

TOS has some decent built in vol analysis tools. You can find various TOS scripts for different IV metrics i.e. IV percentile, historical vol etc. and import them into TOS. They have an API too but unless you've signed up in advance, you'll be locked out until its fully switched to Schwab. Although I'm not a big fan of the TastyWorks platform interface, they have an API which allows you to pull volatility stats (15 minute delay for free). Of course you could always write a script to query (15 minute delay for free) yahoo finance, TastyWorks, TOS etc. and plot the current vol surface for all strikes going out in time for as long as you want and make a nice 3d plot too.

ChungWuEggwua

NVIDIA already has its own ecosystem, but it is in the data center, not consumer products. NVIDIA has a full stack solution platform for accelerated computing from the software stack with the CUDA API and hardware stack with GPU, CPU, and networking. Making good hardware is one thing, but having integrated software that runs seamlessly for many supercomputers is incredibly challenging, and only NVIDIA has proven to be capable.

GreenmushroomGameDev

Reddit is a forum and the products are its people. It was great because the people are great, and people are the products, hence great people = great product. But spez did so many stuff things to piss on the people here, meaning he literally pissed all over the products. The latest I recall was when they removed API for 3rd party apps, pissing off many of the users. Do u know that Reddit can easily be replaced by another forum just like how friendster was replaced by Facebook, it's literally just a forum that's popular as it's spread by word of mouth? It just needs a new idea like Facebook and people will jump over if Reddit does stupid shit.

Dry_Advice_4963

Yeah I feel similarly. My understanding is they are really just building everything on top of existing banks, and then Galileo gives an API/service layer on top of that which makes it so that companies using their APIs don't have to worry as much about dealing with regulation since much of that is abstracted away for you. I think the idea is that it should give way to new fintech companies being able to quickly iterate and build new innovative financial products and services for customers. But like you say, I'm just not sure yet what those innovations would look like. Though that might just be a lack of imagination on my part

eye_dont_exist_

Almost all modern commercial cameras have this capability either natively or with an API integration. Verkada, Avigilon, Axis, Hanwha, Zero Eyes. Nothing groundbreaking.

Dry_Advice_4963

IMO they aren't really a bank investment they are FinTech. The interesting part of SOFI to me isn't SOFI but Galileo API which they acquired. Basically it is a platform that makes it really easy to spin up new FinTech companies and products. If you think that FinTech will see a lot of growth, then SOFI is trying to set itself up to capture that growth even if it's not from their consumer facing side. Take a look beyond their online bank and look at some of their acquisitions to better understand what they are trying to go for. Personally, I'm still trying to figure out what the future of FinTech would look like and whether there could be a lot of value there in the future.

phileo99

AAPL has made their NFC API'S proprietary and hidden, so no 3rd parties like a bank can develop applications using AAPL'S NFC.

phileo99

It is the technology behind tap to pay on smartphones. Apple Pay, Google Wallet are apps built on top of NFC. AAPL happened to go one step further and made their NFC API's proprietary and hidden so that no 3rd party (like Tile) can develop anything using NFC

greytoc

Idk why people just downvote without offering a reason. Anyways - different brokers cater to different demographics. Ibkr is a broker that typically caters to more sophisticated traders and investors. A lot of their customers are small institutional funds - and probably some big ones as well. They offer services like support for non-adviser sub-account aggregation. For active traders, Ibkr tends offers some prime-like brokerage services like proprietary order types. Ibkr also offers access to numerous market centers and asset types like forex and various derivatives. And for algo traders, Ibkr has a reasonably well supported API and there are various quant and backtesting services that support Ibkr APIs.

Fuehnix

Twitter has a very similar position, where they used to be popular in AI research, but then they closed off their API once they found out it could be used to make AI that makes money. Reddit data would be much more useful than twitter data, but all the same, doesn't matter if companies don't pay it. Yeah, on second thought, maybe it's just negligible 🤔.

NicNac_PattyMac

I think I recognize shoe horning in “AI” to fluff up a stock when I hear it. And charging for an API is a double sided blade.

Fuehnix

It remains to be seen how much revenue it will actually generate, but keep in mind, reddit is charging for their API now so that anyone who uses the site for AI training can still do so, as long as they pay reddit. Reddit data was super helpful in AI academia up until recently.