FoxtrotDeltaTango@sh.itjust.works to

Technology@lemmy.worldEnglish · 6 days ago

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

finance.yahoo.com

cross-posted to:
technology@beehaw.org

441

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

finance.yahoo.com

FoxtrotDeltaTango@sh.itjust.works to

Technology@lemmy.worldEnglish · 6 days ago

cross-posted to:
technology@beehaw.org

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

Chat

milka@lemmy.zip
link
fedilink
English
arrow-up
5·
5 days ago
I got out of Reddit at the right time. It’s small bets but honest work.
- FoxtrotDeltaTango@sh.itjust.worksOP
  link
  fedilink
  English
  arrow-up
  2·
  3 days ago
  Honestly wish that I shorted Reddit stock a few days ago

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.67K users / day
9.38K users / week
15.7K users / month
31.3K users / 6 months
1 local subscriber
86.9K subscribers
12.4K Posts
433K Comments
Modlog