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Alphabet and Reddit shares fall as AI search monetization strains

1 report1 sourceupdated 3 hours ago

What happened

AI digest

A report on October 30 showed shares of Google parent Alphabet and Reddit falling the same day, by 12.6% and 15% respectively. The report ties the drop to the difficulty of monetizing AI search and the effect on the open web. Google acknowledged that AI Mode monetizes worse than traditional search. Reddit faces lower search traffic and is pushing users to log in as a result.

Written by AI from the coverage · updated 2 hours ago

Coverage

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Oct 30
  1. AI HOT · IndustryPick
    Google and Reddit shares fall on the same day as AI search monetization struggles hit the open web

    Alphabet fell 12.6% and Reddit dropped 15%. Google acknowledged that AI Mode monetizes worse than traditional search, while Reddit is pushing users to log in as search referral traffic declines.

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