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Bloomberg12d agobearish
Reddit Shares Plunge by Record on Dearth of New AI Deals

(Bloomberg) -- Reddit Inc. shares suffered their worst intraday drop ever after the social media company failed to announce any new data licensing agreements in its latest earnings report, disappointing investors who are hoping to see a shift in revenue streams.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsChip Stocks Post Biggest Advance Since April 2025: Markets WrapMicrosoft’s $450 Billion Jum

Reddit (NYSE:RDDT) Delivers Strong Q2 CY2026 Numbers But Stock Drops 10.3%
StockStory13d agobearish
Reddit (NYSE:RDDT) Delivers Strong Q2 CY2026 Numbers But Stock Drops 10.3%

Online community and discussion platform Reddit (NYSE:RDDT) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 61.1% year on year to $804.9 million. On top of that, next quarter’s revenue guidance ($865 million at the midpoint) was surprisingly good and 4.2% above what analysts were expecting. Its GAAP profit of $1.25 per share was 29.6% above analysts’ consensus estimates.

Investing.com21d agobearish
Reddit shares drop as threat to cut off Google AI sparks standoff

Investing.com -- Reddit stock took a hit Wednesday morning, dropping 5.8% in premarket trading following reports that the social platform is threatening to block Google from using its content to train artificial intelligence models. The move signals a growing high-stakes standoff between digital publishers and search engine giants. According to a Wall Street Journal report, Reddit executives are considering pulling the plug on Alphabet’s access as the two companies negotiate a renewal of their e

Why Reddit (RDDT) Stock Is Falling Today
StockStory27d agobearish
Why Reddit (RDDT) Stock Is Falling Today

Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 3.8% in the afternoon session after tech stocks pulled back as profit-taking overshadowed a bullish rating from Wedbush.

Meta layoffs take disturbing turn in new lawsuit
TheStreet29d agobearish
Meta layoffs take disturbing turn in new lawsuit

There’s no sugarcoating it; getting laid off is awful. But if you've been following the news, it feels like tech workers are being laid off left and right. Here’s what one Reddit user, who was recently laid off from an account executive role at a tech company, had to say on the r/Layoffs subreddit: ...