Reddit Falls 9% on Potential Cutoff of Google's AI Data Access

Reddit shares dropped 9% following reports that the company is considering halting data provision to Google's AI models. This development has created uncertainty about the future of the data-sharing agreement between the two tech giants. Reddit's move risks losing a key data source that Google uses to train its AI systems. The agreement allowed Google to access Reddit's user-generated content, which is considered valuable for training AI models. Market analysts note that this decision could have significant implications for Reddit's revenue model. The data licensing deal with Google was seen as a major revenue source for Reddit before and after its IPO. While Reddit's management has not yet made an official statement on the matter, the company is reportedly reassessing its data-sharing strategy. This situation reflects the growing sensitivity among tech companies over control of data used for AI training. This is not investment advice.

📊 RDDT — Piyasa Yorumu

▼ down · 70%

Reddit shares fell 9% amid reports that the company may cut off Google's access to its data for artificial intelligence training. Technical indicators support the decline: RSI at 24.5 indicates oversold conditions, MACD is below zero and below its signal line, and the price is trading below both the 20-day and 50-day moving averages. While the risk of continued selling pressure in the short term remains high, a potential rebound is possible due to oversold conditions. However, given the current momentum and news flow, the downtrend is expected to persist for a few more days.

RSI 14

24.5

MACD

-4.49

24h Δ

-6.72%

📊 GOOGL — Piyasa Yorumu

▼ down · 60%

The news points to a potential disruption in Google's AI data access, which could create a short-term negative perception for GOOGL shares. Technical indicators also confirm weakness: the RSI at 42 is below the neutral zone, the MACD is trading negatively below its signal line, and the price is trading below both the 20-day (350.28) and 50-day (356.23) moving averages. The latest close at 348.28, remaining below these averages, suggests that selling pressure may continue. However, since the downtrend has not yet entered oversold territory, the impact may be limited.

RSI 14

42.1

MACD

-2.29

24h Δ

0.32%

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