News@lemmy.worldEnglish · 1 month 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

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 1 month ago

239

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.

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1 month ago
We must cannibalise long term sustainability for short tern quarterly growth! It is the only way.

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