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Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints
(finance.yahoo.com)
this post was submitted on 31 Jul 2026
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If anything this shows how totally fucked equity markets are.
So they're making way more money than expected, but they haven't sold out their users fast enough so dump the stock?
What it is is proof stocks should not be sold to investors. Should be owned by employees. Coops ftw
I'm a big fan of employee owned companies and I think that should be encouraged.
At the same time, there IS a place for investors.
But all 3 factors of production (land, labor, capital) are supposed to have equal seats at the table. In recent years capital owns the table and chairs and decides when land and labor are allowed to speak, which is not what successful capitalism looks like.