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Business • 2026-11-01, 08:34 ET • ~1 min read

Reddit stock plunges about 29% as Google AI cuts US traffic

گوگل اے آئی سے امریکی ٹریفک کم ہونے پر ریڈٹ کے حصص تقریباً 29 فیصد گر گئے

गूगल एआई से अमेरिकी ट्रैफ़िक घटने पर रेडिट के शेयर लगभग 29% गिरे

Reddit stock plunges about 29% as Google AI cuts US traffic

Key points

اہم نکات

मुख्य बातें

  • Reddit shares plunged about 29% on Friday, 30 October, even though third-quarter revenue jumped 53% to $895 million.
  • US daily users fell to 50.7 million, down 2.5 million from the previous quarter, and chief executive Steve Huffman blamed Google's AI search features, saying referrals fell by more than one million a week in October.
  • He warned total daily users could fall by a low double-digit percentage in the fourth quarter, and Reddit now plans to test a mostly logged-in experience outside the US.
  • ریڈٹ کے حصص جمعہ 30 اکتوبر کو تقریباً 29 فیصد گر گئے، حالانکہ تیسری سہ ماہی کی آمدنی 53 فیصد بڑھ کر 895 ملین ڈالر ہو گئی۔ امریکہ میں روزانہ صارفین کی تعداد 50.7 ملین رہ گئی، جو پچھلی سہ ماہی سے 2.5 ملین کم ہے، اور چیف ایگزیکٹو اسٹیو ہفمین نے گوگل کی اے آئی سرچ کو ذمہ دار ٹھہرایا، کہا کہ اکتوبر میں ریفرل ہر ہفتے دس لاکھ سے زیادہ کم ہوئے۔ انہوں نے خبردار کیا کہ چوتھی سہ ماہی میں روزانہ صارفین میں دوہرے ہندسے کی کمی ہو سکتی ہے، اور ریڈٹ اب امریکہ سے باہر زیادہ تر لاگ ان والے تجربے کی آزمائش کرے گا۔
  • रेडिट के शेयर शुक्रवार, 30 अक्टूबर को लगभग 29% गिर गए, जबकि तीसरी तिमाही का राजस्व 53% बढ़कर 895 मिलियन डॉलर हो गया। अमेरिका में दैनिक उपयोगकर्ता घटकर 50.7 मिलियन रह गए, जो पिछली तिमाही से 2.5 मिलियन कम है, और मुख्य कार्यकारी स्टीव हफमैन ने गूगल की एआई खोज को जिम्मेदार ठहराया, कहा कि अक्टूबर में रेफरल हर सप्ताह दस लाख से अधिक घटे। उन्होंने चेतावनी दी कि चौथी तिमाही में दैनिक उपयोगकर्ताओं में दो अंकों की गिरावट आ सकती है, और रेडिट अब अमेरिका के बाहर ज्यादातर लॉग-इन अनुभव का परीक्षण करेगा।

Reddit shares plunged about 29% on Friday, 30 October, even though third-quarter revenue jumped 53% to $895 million. US daily users fell to 50.7 million, down 2.5 million from the previous quarter, and chief executive Steve Huffman blamed Google's AI search features, saying referrals fell by more than one million a week in October. He warned total daily users could fall by a low double-digit percentage in the fourth quarter, and Reddit now plans to test a mostly logged-in experience outside the US.

ریڈٹ کے حصص جمعہ 30 اکتوبر کو تقریباً 29 فیصد گر گئے، حالانکہ تیسری سہ ماہی کی آمدنی 53 فیصد بڑھ کر 895 ملین ڈالر ہو گئی۔ امریکہ میں روزانہ صارفین کی تعداد 50.7 ملین رہ گئی، جو پچھلی سہ ماہی سے 2.5 ملین کم ہے، اور چیف ایگزیکٹو اسٹیو ہفمین نے گوگل کی اے آئی سرچ کو ذمہ دار ٹھہرایا، کہا کہ اکتوبر میں ریفرل ہر ہفتے دس لاکھ سے زیادہ کم ہوئے۔ انہوں نے خبردار کیا کہ چوتھی سہ ماہی میں روزانہ صارفین میں دوہرے ہندسے کی کمی ہو سکتی ہے، اور ریڈٹ اب امریکہ سے باہر زیادہ تر لاگ ان والے تجربے کی آزمائش کرے گا۔

रेडिट के शेयर शुक्रवार, 30 अक्टूबर को लगभग 29% गिर गए, जबकि तीसरी तिमाही का राजस्व 53% बढ़कर 895 मिलियन डॉलर हो गया। अमेरिका में दैनिक उपयोगकर्ता घटकर 50.7 मिलियन रह गए, जो पिछली तिमाही से 2.5 मिलियन कम है, और मुख्य कार्यकारी स्टीव हफमैन ने गूगल की एआई खोज को जिम्मेदार ठहराया, कहा कि अक्टूबर में रेफरल हर सप्ताह दस लाख से अधिक घटे। उन्होंने चेतावनी दी कि चौथी तिमाही में दैनिक उपयोगकर्ताओं में दो अंकों की गिरावट आ सकती है, और रेडिट अब अमेरिका के बाहर ज्यादातर लॉग-इन अनुभव का परीक्षण करेगा।

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