@puckrin: Reddit's crash shows 'AI is killing Google search'

5 Oct 31 9:59 AM · 13d ago · 3 articles · 1 post · 2 comments · 3 sources · development 5 of 6

A widely shared post characterized remarks from Reddit's earnings call as proof that AI products have cut off the flow of users Google search used to send to sites like Reddit, framing the 44% two-week stock decline as a landmark event.

“The collapse of Reddit will be studied. After reporting earnings, its stock collapsed 30% in a single day. It's down 44% in 2 weeks. But the most important detail is what was revealed in that earnings call. The CEO said AI is killing Google search.”

@puckrin

Reddit Company at center of the storyGoogle Search provider whose AI answers are cited as the cause@puckrin Social media commentator@KobeissiLetter Financial markets accountPinterest Comparable company also affected

The whole story articlespostscomments the bright band is this development · numbered dots are the others · click one to jump

1$RDDT falls over 12% after hours on DAU…2Reddit shares plunge up to 29%, worst…3Analysts say the sell-off reflects a…

Oct 31Nov 2Nov 4Nov 6Nov 8Nov 10now · 10:05 PM ET

What was reported 4 claims about this development

2 outlets Reddit Stock Crashed 29%: Is Google AI Coming for More Stocks?

first by Yahoo Finance, 13d ago · also TheStreet
1 more headline
- Reddit stock plunges 29.2% as Google AI cuts US traffic TheStreet · 13d ago
2 outlets Reddit’s Stock Sinks Despite Earnings Beat. Here’s Why.

first by Barron's, 15d ago · also 24/7 Wall St.
1 more headline
- Reddit Plunges 25% as Search Traffic Slump and Soft Outlook Overshadow Earnings Beat; Snap Falls 5%, Pinterest Drops 4%, Meta Dips 24/7 Wall St. · 15d ago
1 outlet Reddit Stock Plunges 30% Post Q3 Earnings: Buy, Sell, or Hold?

first by TradingView, 11d ago
1 outlet Reddit stock sinks 30%, Roblox tanks 20% after Q3 earnings

first by Yahoo Finance, 14d ago

What people said 3 voices · verbatim

The collapse of Reddit will be studied. After reporting earnings, its stock collapsed 30% in a single day. It's down 44% in 2 weeks. But the most important detail is what was revealed in that earnings call. The CEO said AI is killing Google search. People no longer get sent

@puckrinX13d ago6.4k▲view on X ↗
No more front page? I don't know how long it is since they changed it, probably 10 years or so by now. But I still miss how every time you updated the front page you would get new content that you had not seen before. Then it changed to the current garbage where I get the same posts days in a row unless I hide them..

generally-speakingr/technology13d agoview on r/technology ↗
Lol I can’t lie I bought a lil bit. Not so much as to make me upset if it tanks though

Sindica69r/StockMarket13d agoview on r/StockMarket ↗

All 6 developments of Reddit stock craters as Google's AI search drains its… →

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