FoxtrotDeltaTango@sh.itjust.works to Technology@lemmy.worldEnglish · 2 months ago

Reddit stock collapses 23% as AI eats away at user growth

finance.yahoo.com

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Reddit stock collapses 23% as AI eats away at user growth

finance.yahoo.com

FoxtrotDeltaTango@sh.itjust.works to Technology@lemmy.worldEnglish · 2 months ago

Reddit Stock Collapses 23% as AI Eats Away at User Growth

finance.yahoo.com

Reddit delivered strong earnings, but the numbers beneath the surface tell a different story. Slowing logged-in user growth and AI-powered search could threaten the platform's long-term value.

cross-posted from: https://lemmy.world/post/50164893

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I got out of Reddit at the right time. It’s small bets but honest work.
- FoxtrotDeltaTango@sh.itjust.worksOP
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  Honestly wish that I shorted Reddit stock a few days ago

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