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Reddit just beat its numbers. Its stock fell 20% anyway, because of Google.
Reddit just had a blockbuster quarter. Revenue rose 61% to $805 million. Profit more than doubled. Daily users climbed 18%. Then the stock fell more than 20%. The numbers were not the problem. Google was. Investors looked past the beat and
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arstechnica.com
As Reddit stock falls, CEO questions value of Google's AI Overviews
Reddit may still be considering ending its licensing deal with Google.
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cryptobriefing.com
Reddit CEO Steve Huffman critiques Google's AI Overviews feature, raising questions about crypto content visibility
Reddit CEO Steve Huffman slammed Google's AI Overviews for reducing referral traffic, raising concerns about organic reach for crypto communities
