Reddit Stock Plunges 29% in Worst Day Since IPO as Google AI Search Cuts Traffic
Reddit stock fell 29% on Oct. 30, its worst day since the 2024 IPO, after weak Q4 guidance, a drop in U.S. users and a warning that Google AI cuts its traffic.
World News, Politics and War, Reported from Boston
AI news from The Boston Report: OpenAI, Google, Anthropic, Meta and new AI tools, plus the safety, policy and business questions around artificial intelligence.
Reddit stock fell 29% on Oct. 30, its worst day since the 2024 IPO, after weak Q4 guidance, a drop in U.S. users and a warning that Google AI cuts its traffic.
Nvidia Nscale guarantee talks: the chipmaker may back debt for a 460 MW West Virginia data center Anthropic will rent for up to $44.6 billion. The numbers.
A shared AI training opt-out in robots.txt will be honored by Google, OpenAI, Microsoft and Anthropic. What the IETF draft says and each company’s start date.
OpenAI funding round shrinks: the ChatGPT maker now seeks about $20 billion at a $1.25 trillion valuation, down from $30 billion, the FT reports. Key numbers.
Google’s Project Suncatcher satellite is online, running a Gemma 4 AI model on a TPU in orbit. What it did, the radiation tests ahead and the Starship math.
Amazon earnings for Q3 2026: AWS sales jumped 39% to $46 billion, but $77 billion of AI capex sent free cash flow to -$42.4 billion. Charts and analyst views.
The ADT Thrive Holdings acquisition pays $10 a share in cash, a 45.6% premium, valuing ADT at $15.3 billion with debt. Terms, go-shop and timeline.
Business report October 29, 2026: GDP grows 3.4%, PCE inflation hits 3.6%, Alphabet has its worst day ever, Lilly lifts health care, and Amazon and Intel slide.
Suffolk 100MAG: the Boston builder opened a $50 million, 40,000-square-foot AI and robotics center at its Roxbury campus. What it does and why.
Gemini 4 Carbon is Google’s new frontier AI model, built for cybersecurity and long coding tasks. Its benchmarks, safety claims, price and who gets it first.