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Reddit stock plunges 30% as Google's AI search threatens traffic and user growth

The HinduReddit stock plunges 30% as Google's AI search threatens traffic and user growth
Image: Economic Times

Reddit shares plunged 23% after the company warned that Google's AI powered search features were hurting referral traffic and could lead to a decline in daily active users. Pinterest also fell after issuing a weaker revenue outlook, as pressure on European…

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Timeline

  1. The Hindu first reported it
  2. Mint reported it
  3. Economic Times reported it
  4. Latest update
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