Reddit reports a solid quarter but shows signs of AI's impact | TechCrunch

Reddit reported second-quarter revenue and net income that exceeded Wall Street expectations and issued stronger-than-expected guidance for the next quarter. Despite those results, its stock fell after hours as investors focused on comments that search-engine referral traffic had become more volatile. The article says analysts questioned whether AI-powered search summaries could reduce Reddit’s logged-out traffic and affect future data-licensing relationships with companies such as Google and OpenAI.

Summary generated July 31, 2026. AI summaries can make mistakes.