Quartz·2 min read·medium

Reddit stock falls 25% on pace for its worst day ever as Google AI shrinks its traffic

Cris Tolomia
✦AI Summary

Reddit stock experienced a significant decline following reports that Google's AI search features are reducing traffic to the platform. Despite this, the company reported strong revenue growth in its latest quarterly earnings.

Why it matters

The impact of AI-driven search on web traffic represents a major shift in the digital advertising and content ecosystem.

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Reddit forecast fourth-quarter revenue of $1 billion to $1.03…

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