Business · 1h ago
Reddit beats earnings but AI traffic shift spooks investors
Reddit reported strong quarterly earnings, beating revenue expectations. However, the company flagged uncertainty around its traffic deal with Google and the broader impact of AI-generated content on user engagement. Shares dipped as investors weighed the long-term risks from an AI-driven web landscape.
Meridian48 take
The quarter is solid, but Reddit's reliance on Google for traffic and the existential threat from AI summaries make this a cautious beat, not a clear win.
Read the full reporting
Reddit reports a solid quarter but shows signs of AI’s impact →
TechCrunch
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