Market Notes

Reddit Crushes Every Estimate, Stock Craters Anyway: Inside the Google Traffic Scare Rocking RDDT

· 4 min read · by Daniel Pierce, Nova Ventures Research

Reddit beat on revenue, profit, and global user growth in Q2 2026 -- then fell roughly 10% anyway after flagging 'choppy' search referral traffic tied to Google's AI Overviews. A look at why a blowout quarter got sold, and what it signals for the rest of the traffic-dependent internet.

Read the latest market notes