Reddit News - July 31, 2026

🔴 Reddit plunges 18.2% as Google AI search concerns overshadow strong Q2 earnings beat

• Reddit is trading 18.2% down at $145.59 despite reporting strong Q2 results and issuing upbeat Q3 guidance. • Investors are focusing on management's warning...

🔴 Reddit plunges 10.2% on concerns over Google AI's impact on search traffic, despite strong Q2 earnings beat

Reddit is trading 10.2% down at $161.00 in pre-market as investors react to CEO's warning about "choppy" search referral traffic due to Google's AI search...