2026-07-31T17:31:25.494551Z

themachinestops@themachinestops@lemmy.dbzer0.com

Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints

finance.yahoo.com/markets/article/reddit-stock-tumbles-the-most-on-record-as-lack-of-new-ai-deals-us-daily-users-metric-disappoints-153413759.html

Yahoo FinanceReddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappointsReddit shares plunged the most on record on Friday after US daily users, lack of new AI deal announcements dissapointed investors.

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2026-07-31T18:11:18.956327Z

danc4498@danc4498@lemmy.world

⁨14⁩d

Replying to @⁨themachinestops@lemmy.dbzer0.com⁩

Why would AI want a continuous deal with Reddit? Don’t they get all the data they need the first time? I doubt the new content is worth as much as the previous deal… maybe I don’t understand what these deals are for.

2026-07-31T18:19:38.791218Z

UnderpantsWeevil@UnderpantsWeevil@lemmy.world

⁨14⁩d

Replying to @⁨danc4498@lemmy.world⁩

Half the joke is that Reddit was ground zero for AI slop even before AI had gone mainstream.

The company got harvested back before the AI firms were overly worried with cross-contamination.

⁨Jul⁩ ⁨31⁩, ⁨2026⁩, ⁨18:19⁩Edited ⁨⁨Jul⁩ ⁨31⁩, ⁨2026⁩, ⁨18:20⁩⁩en