Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 23.2% in the morning session after the company's strong second-quarter earnings report and robust forward guidance were overshadowed by concerns that changes to Google's AI search could alter the path of its user traffic and growth.Reddit delivered revenue of $804.9 million, a 61.1% year-over-year increase which handily beat expectations. Profitability followed suit, with EBITDA coming in well above consensus estimates.
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Reddit shares plunged the most on record on Friday after US daily users, lack of new AI deal announcements dissapointed investors.
(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 Inc (NYSE:RDDT) shares fell about 21% on Friday morning after management warned of volatility in search traffic and raised concerns among investors about potential pressure from artificial intelligence-powered search tools, despite reporting second quarter results that exceeded Wall...
Reddit highlights AI opportunities, ad growth and product upgrades as it targets stronger user engagement and long-term growth.
The selloff in Reddit shares came as investors looked past the earnings beat and focused on slowing U.S. user growth and management's commentary on its relationship with Google.
Retail investors who bought Nio during the 2020 EV craze are openly questioning whether to cut their losses, but Wall Street analysts are moving in the opposite direction with striking conviction. The gap between those two camps reveals something important about where this stock goes next.
The popular online forum had a blowout quarter, but some questions remain unanswered.
Amazon jumped more than 12% after second-quarter earnings and revenue comfortably beat expectations. Alphabet and Meta Platforms were both punished by the market after hiking capex this earnings season. The spending hike is good news for Marvell Technology as it helps design Amazon’s artificial-intelligence chips.
On Stocktwits, retail sentiment for SPY remained 'bearish,' and improved to 'neutral' on QQQ as investors warmed to the latest AI-driven earnings.
Reddit’s traffic was volatile in the latter part of the June quarter, but the bigger picture for the company remains unchanged, CEO Steve Huffman said.
Reddit Inc (RDDT) posts 61% revenue growth and $1M per employee milestone, but navigates search volatility and US DAU declines.
Reddit (NYSE:RDDT) reported Q2 results that surpassed its earnings estimates, supported by rapid expansion in AI-driven advertising. The company highlighted a rising advertiser base using its AI tools to target Reddit’s interest-based communities. Management also flagged ongoing risks tied to search-driven traffic volatility and unresolved Google data licensing terms for AI training. Reddit sits at the intersection of user generated content, online communities, and targeted advertising. The...
Moby summary of Reddit, Inc.'s Q2 2026 earnings call
Revenue surged 61% year over year with profitability metrics more than doubling.
Reddit's financial situation is looking good but uncertainty about its relationship to Google and the new AI-ified web are stirring market concerns.
Reddit Inc. (RDDT) delivered earnings and revenue surprises of +26.26% and +8.20%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Although the revenue and EPS for Reddit Inc. (RDDT) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
On Thursday, Reddit stock fell despite the social media company posting Q2 results ahead of earnings sand sales estimates.
Investing.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total
The social-media platform’s earnings outpaced Street estimates, but that wasn’t enough for investors.
A new mother says she’s struggling to process a devastating financial confession from her husband after discovering he secretly lost their savings, emptied his brokerage account and took out a $50,000 loan against his retirement plan. The woman shared her...
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.
The company posted a higher second-quarter profit of $253 million as growth in the platform’s users continued to boost advertising revenue.
Reddit, Inc. (NYSE:RDDT) may be willing to walk away from roughly $60 million a year to stop Google from turning its discussions into answers that users never leave Google to read. The companies are negotiating a renewal of their 2024 data-licensing agreement, and Reddit has discussed ending Google’s access to its content for AI use, […]
Earning nearly half a million dollars a year sounds like a dream for many people. But one 25-year-old Wall Street associate says it comes with what he calls the “job that makes him beyond miserable.” Despite making $470,000 a year,...