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Reddit Had A Great Q2, But Investors Have AI Search Jitters
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Guess there’s no pleasing investors. Despite Reddit delivering an objectively solid Q2, with overall revenue up 61% year over year to $805 million and advertising revenue up 64% YOY to $762 million, the company’s stock cratered on Thursday, sliding nearly 13% in after-hours trading. Why? Because AI. Specifically, Wall Street is fixated on how AI […]
The post Reddit Had A Great Q2, But Investors Have AI Search Jitters appeared first on AdExchanger.
The post Reddit Had A Great Q2, But Investors Have AI Search Jitters appeared first on AdExchanger.
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