Geopolitics Alpha

Reddit shares have fallen by 29%: Google AI is siphoning off traffic

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Reddit shares have fallen by 29%: Google AI is siphoning off traffic

Reddit shares fell by 29% amid concerns over traffic from Google. How AI Overviews are affecting website traffic and the future of SEO.

Directly affected

  • RDDT Reddit-20.0% 17d

    Named in this report.

  • GOOGL Alphabet-18.8% 30d

    Named in this report.

Indirectly affected

  • QQQ Invesco QQQ+0.9% 30d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-0.9% 19d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • MSFT Microsoft+7.6% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • AMZN Amazon.com-3.7% 30d

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • META Meta Platforms-6.1% 30d

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • NVDA Nvidia-3.8% 30d

    Nvidia (semiconductors and related devices): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
RDDT+51.03%+46.98%baseafter closeafter closeafter closeafter close
GOOGLNo price data for this ticker———————
QQQ+3.12%+5.08%baseafter closeafter closeafter closeafter close
AIQNo price data for this ticker———————
MSFTNo price data for this ticker———————
AMZNNo price data for this ticker———————
METANo price data for this ticker———————
NVDANo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Reddit shares have fallen by 29%: Google AI is siphoning off traffic UkrMedia News

Source: UkrMedia News

This story

CompanyWhenMoveStatus
QQQthree days earlier+5.08%final price
QQQfive days earlier+3.12%final price
RDDTthree days earlier+46.98%final price
RDDTfive days earlier+51.03%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Reddit shares have fallen by 29%: Google AI is siphoning off traffic” scores 12 out of 100. The score uses 1 sources.