Dillard's Capital Trust I (RDDT) News

"Uptober" market recap: • BNB $BNB: -8.4% • XRP $XRP: -16.2% • AMD $AMD: -17.5% • Intel $INTC: -45.3% • Bitcoin $BTC: -7.3% • Micron $MU: -16.9% • Meta $META: -15.2% • Solana $SOL: -18.8% • Nvidia $NVDA: -10.4% • Reddit $RDDT: -35.6% • SpaceX $SPCX: -10.7% • Ethereum $ETH: -16.3% • Google $GOOGL: -18.7% • Coinbase $COIN: -23.0% • Robinhood $HOOD: -24.5%

RT : JUST IN: 🇺🇸 US stock market turned into a crypto memecoin market today. • Intel $INTC: -31% • Reddit $RDDT: -30% • Roblox $RBLX: -20% • Illumina $ILMN: -19% • SanDisk $SNDK: -15% • Arm $ARM: -12.7% • Dell $DELL: -12.5%

JUST IN: 🇺🇸 US stock market turned into a crypto memecoin market today. • Intel $INTC: -31% • Reddit $RDDT: -30% • Roblox $RBLX: -20% • Illumina $ILMN: -19% • SanDisk $SNDK: -15% • Arm $ARM: -12.7% • Dell $DELL: -12.5%

JUST IN: Reddit $RDDT stock crashes 28% after CEO reveals Google AI search is driving significantly less traffic to the platform.

Yesterday's earnings call with Reddit's CEO will be referenced for years to come. Reddit, $RDDT, is now down -42% in 8 trading days. AI has disrupted search, and the internet more broadly, forever. Our thoughts on this are included below.

BREAKING: Reddit stock, $RDDT, falls over -12% after reporting weaker than expected daily active user count and weaker than expected Q4 guidance.