fromInvestor's Business Daily
1 week agoReddit Stock Ends Skid As Analysts Shrug Off ChatGPT Concerns
"If ChatGPT is somehow less reliant on Reddit, this refutes the idea that data licensing agreements will be re-upped for a higher rate," Champion wrote. "We understand why the stock is off. That said, we don't think anything has changed: Reddit content remains a potent asset for LLMs. Perhaps more importantly, the relationship (and traffic funnel) with Google seems intact. We expect a solid quarter and remain buyers of the stock."