# Reddit’s Stock Plummets Despite Strong Earnings | Tech News

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Text version: https://stenobird.com/podcast/tech-news-today-2-min-news-the-daily-news-now-7438584/reddit-s-stock-plummets-despite-strong-earnings-tech-news.md
Podcast: [Tech News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/tech-news-today-2-min-news-the-daily-news-now-7438584)
Published: 2026-07-30T23:32:04+00:00
Episode link: https://sources.thednn.ai/cbf630d728ea658a
Audio file: https://api.fastcast.ai/audio/913701fa-d804-40b1-b42d-12926823f081.mp3
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Duration seconds: 96

## Resource

Reddit’s Q2 earnings soared with 61% revenue growth and a massive 183% jump in net income, yet its stock plummeted 10% after hours—thanks to CEO Steve Huffman’s candid remark about “choppy” search traffic. Investors are now fretting over AI’s looming threat: as Google and OpenAI increasingly use Reddit’s content to train AI models, could search-driven traffic erode Reddit’s user base? While global users climbed, U.S. daily actives dipped, sparking questions about Reddit’s core growth in its biggest market. Huffman stood firm on Reddit’s community-driven value, but remained cautious about its AI partnerships, hinting at a complex future where monetization must balance user retention. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/cbf630d728ea658a

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