Fears of volatile search traffic! Reddit's record figures sink into the AI swamp and the stock loses over 10%!
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Growth records fizzle out: Reddit increases revenue in Q2 2026 by 61% to $805 million, significantly exceeding expectations. Google dependency: Despite solid user numbers of 130.3 million DAUq, volatility in search referrals raises concerns about AI disruption. After-hours stock crash: Fears of losing referral traffic due to Google AI Overviews pushes the stock down by over 10%. The social media company Reddit (RDDT) reported strong figures for Q2 2026 and significantly surpassed market expectations. Nonetheless, the stock fell more...
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