Reddit Outage Map

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Reddit Issues Reports

Latest outage, problems and issue reports in social media:

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  Johnny (@houndofhircine) reported 2 minutes ago

  @frozenaesthetic Can you buy Reddit too and shut it down?

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  Mohit Agarwal (@mohitowit) reported 2 minutes ago

  Is @Reddit down?

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  Morpheu5 Stock Watcher (@Morpheu5Watcher) reported 3 minutes ago

  REDDIT $RDDT ADDED $2.6B TODAY OVER TWO CONTRACTS WORTH $130M A YEAR: Reddit RDDT at $158.11, +$13.47 / +9.31% today, one of the largest gains on the board among big, widely-followed names - and the company itself did nothing to earn it. The San Francisco company runs the network of user-written forums people land on when they add "reddit" to a search, employs 2,555 people, and makes almost all its money selling ads inside those conversations. The day around it: S&P 500 ETF Trust, ticker SPY, at $765.27 (after hours), +$3.49 / +0.46%. One stock, not a market. WHAT WAS ACTUALLY SAID Colin Sebastian at Baird kept a Neutral rating and a $185 price target - the level an analyst reckons the shares are worth - and made an unusual argument. Not that good news is coming: that the bad news is already in the price. Today's share price, he wrote, already sits near his worst case for two expiring contracts, and he valued a middling outcome at roughly $10 a share of extra value, a good one at roughly $20. That is the whole catalyst: an unchanged rating and a sentence about what the price already assumes. THE TWO CONTRACTS Reddit charges AI companies for legal access to its archive of human conversation instead of letting the text be scraped for free. Two of those deals matter: - Alphabet, the owner of Google, at $337.38 (after hours), +$2.36 / +0.70% today: a reported $60M a year, from a February 2024 expansion of its access to Reddit's data - OpenAI, privately held, with no shares anyone can buy: a reported $70M a year, from May 2024 Both expire next year. Neither has been renewed in public. Together that is $130M a year against $2.78B of revenue - the money coming in the door - across Reddit's last four reported quarters. Roughly 4.7% of sales. Set the two side by side. Today added about $2.6B of market value - the share price times every share - against contracts bringing in $130M a year. Twenty years of that revenue repriced in one session, on an argument that the fear had gone too far. WHY IT NEEDED AN ARGUMENT The June quarter, reported July 30, was not the problem. - Revenue $804.9M, +61% from a year earlier - the eighth quarter in a row above 60% - Advertising was $762M of it, +64%; everything else, licensing included, $43M - Profit $252.8M, or $1.25 a share, against about $0.97 analysts modeled, from $89.3M a year earlier - People using Reddit on an average day: 130.3M, +18%. Money earned per user: $6.18, +36% - This quarter was then guided to $860M-$870M of revenue, above the roughly $830M modeled Beat, guided higher, and down 20.99% the next session - $178.04 to $140.67 on July 31, on 29.9M shares against a normal 4.5M. Two worries did that. Visitors arriving from Google searches had gone choppy, and no new AI licensing deal was announced. Both are one worry in different clothes: how much of Reddit turns on a larger company's decisions. Which is why Alphabet is in this story twice - as the customer paying the $60M, and as the search box deciding how many people show up. THE PART THAT SHOULD SLOW ANYBODY DOWN Reddit did this exact thing three weeks ago. On August 14 it closed at $178.09, up 12.63% in a session, on news it would join the S&P 500 - the index that fund above tracks - on August 18. Index funds have to buy what the index holds, so that was real, dated, mechanical demand. By September 1 the stock closed $144.64. The entire 18.78% handed back over twelve sessions. Today's $158.11 close is one cent below the $158.12 it closed at on August 13, the day before the index news broke. Three weeks, two double-digit jumps, one full round trip. The shape today was strong - opened $143.71, dipped to $143.50 early, closed within 16 cents of its best price of the day - but on 5.32M shares against a 7.03M average over the past month. A 9% move on lighter turnover is a smaller crowd setting the price than the percentage implies. Wider frame: the shares sit 44.1% under the $282.95 of September 18 last year, and $19.93 / 11.2% under where they closed the day before the July report. WHERE IT SITS Reddit is fourth on the Hypergrowth Len5, which watches early companies growing fast. It earns that on both halves at once - 18% more people showing up, each worth 36% more - which is how a 61% quarter gets built without either number carrying it alone. WHAT WOULD CHANGE IT: management's own map for this quarter is +47% to +49%, the first sub-60% quarter in two years. Growth settling there and easing further makes this a bigger company growing slower, which is a different style's shape. None of the other five carry it. Momentum watches a company climbing on news of its own, and an outsider's opinion is not that; a high built on Reddit's own October figures would be. Quality-Value hunts a durable business at a fair price; 33.6 times the last year of profit is arguable, but durability is the harder half while a real share of visitors arrives through somebody else's search box - user growth holding through a referral downturn is what would settle it. No dividend answers Income in one line. Alphabet sits first on that same Quality-Value Len5 - the top name on it - because search and cloud are about as hard to displace as any business gets, and the price reads as a real discount rather than merely fair. WHAT WOULD CHANGE IT: search revenue shrinking as people ask AI assistants instead. WHAT TO WATCH, AND THE RISK October 29 is the next hard fact, when Reddit is expected to report - not company-confirmed. That is where +47% to +49% either lands or does not, and where any renewal news surfaces. The risk is that nothing was signed today. No contract renewed, no talks confirmed, no figure published. What moved was one analyst's read of what the price already assumed - and twice this summer this same stock has been handed a reason to jump and then spent a fortnight giving it back. Not investment advice.

• 
  James Altucher (@jaltucher) reported 6 minutes ago

  There are two primary bottlenecks to today's AI. And solving these bottlenecks is where the money is right now. A) DATA - the big models have ALL the data already. All the texts, videos, reddit posts, tweets, etc. How can they get more data? Other than the natural daily creation of new data the biggest repository of UNUSED data is behind the corporate firewall. Whoever can unlock the data behind the firewall will create a model bigger than anything OpenAI can do. The key is this: corporate data does not want to be free (competition reasons or even legal reasons in the case of healthcare) So the method has is decentralized learning techniques where AI trains locally inside the firewall, and then shares its weights (but not the data that created those weights) to an AI model that stitches this together. This is where $TAO is the best in the world and at a $2.5B value is cheap. B) CONNECTIVITY = POWER. Everyone is complaining about power. But people don't realize that the power problem is really a connectivity problem. 100,000 GPUs in a data center means a million or more copper / electricity interconnects connecting them all. Change that from electricity to MicroLEDs and you wll use 1/30 of the power. Problem solved. Who is doing this? $MRVL $ALAB $FABC $KOPN

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  Cushion Finish (@Cushionfinish21) reported 10 minutes ago

  @moonlarking @pixaxiq @CH4R10T_TV The easy way to tell is the lack of engagement on the post other than views and likes. You can easily find places that will charge you like 15c for 10 likes with a quick Google search - people use them all the time. It's a huge problem on this site as well as Reddit.

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  Valkurung (@valkurung) reported 11 minutes ago

  @AleG17Ric Can we not just mass report the subreddit and get it taken down? They do nothing but post threads and pictures of other people to harass them and brigade against them and **********. It's not productive nor does it seem like something Reddit should want on their site.

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  Burnt Toasst (@BurntToasst) reported 12 minutes ago

  @Chavez628K @decktech1047 @marceelias Your hurt little fee fees are your problem so can't help you there. But I'm sure it will be a post on reddit that says something like "and then I called him a filthy animal" and end with all of X standing up to clap for you. Regardless, you'll still be a retard.

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  Bits&Parts (@BitsParts) reported 13 minutes ago

  @schiz04renic My problem is I don't have anyone to discuss the books i finish and my only cope is reddit, and sadly it's occupied by elitist brats.

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  orange chainsaws (@westboundsign95) reported 14 minutes ago

  Why is there just so many bad guides to literally everything and somehow reddit is the one that solves all my problems

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  Krystal 🇿🇦 (@krystalchantalc) reported 14 minutes ago

  @Arthanis38 @Clint_Davey1 Reddit is down the hall and to the left

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  Colin Sechay (@colinsechay) reported 16 minutes ago

  @Fran_Casaretto_ The Legendary Story: Tom Hanks is sitting at a diner in North Dakota having a beer. A few tables over, some kid is face-down, completely passed out. Hanks walks over to check if he’s okay, sees the guy’s phone sitting on the table, and can’t resist. He has the bartender snap a few photos of himself with the unconscious stranger — one where he’s looking concerned, one where he’s pointing and laughing like he just found treasure — then slips the phone back into the kid’s pocket and leaves. The next morning the guy wakes up, scrolls his camera roll, and finds Tom Hanks photobombing his hangover.  That’s the story that spread on Facebook, Imgur, and Reddit with captions like “Can you imagine finding these on your phone after a drunken night out?” What actually happened A fan ran into Hanks at a diner in West Fargo (Hanks’ niece worked there). The fan’s thing was posing with celebrities while pretending to be wasted. He asked Hanks if they could do it. Hanks said yes, handed over his glasses, and played along while a friend took the pictures. The original Reddit title was literally: “My friend met Tom Hanks, stole his glasses and pretended to be wasted.”  Hanks’ favorite version When a reporter asked him about it in 2013, Hanks gave both stories and then said he preferred the legend: “Well now, that second version is that I did just start taking pictures with a passed-out guy. I’m happy with this version, that it’s become somewhat of a legend. I wouldn’t want anyone not to believe that I am capable of turning up on their phones.” So the photos are real, Hanks really posed with a guy who looks dead-drunk at a diner, and he really used the guy’s phone. He just didn’t do it to a random unconscious stranger. The internet decided the better story was the one where Forrest Gump finds you passed out and photobombs your phone, and Hanks was happy to let that one live. @grok

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  XEGAN (@xegan271) reported 17 minutes ago

  Life's so good right now that solution to all my problems are on reddit.

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  Laqpiku (@laqpiku) reported 19 minutes ago

  @BAcct8 @coinjoined @NeoxaPortal Also the reddit post was by them. They shought to destroy the only place they traded at because 1) Wrong ticker in their mind 2nd) They didnt like the price when market kept slashing it down.

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  Kaleigh Moore (@kaleighf) reported 19 minutes ago

  B2B SaaS companies rank well in traditional search but still fail to earn citations in AI search. The fix? Getting experts to post about their knowledge on LinkedIn, YouTube, and Reddit. I built a system to make this programmatic, and it's forged from decade of reporting and vetting sources myself while writing for publications like Forbes, Vogue Business, and ADWEEK. It taught me something that most content strategists never learn: editors and journalists don't cite content, they cite PEOPLE — specific, verifiable, independently credentialed humans with a named point of view and a track record of being right about something.

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  BLACK DUMPLING™ (@BlackDumpling) reported 22 minutes ago

  It will go down in history that there was an entire era of the internet where women would tell outlandish stories on Reddit explicitly to drive engagement to a profile that linked to an OF. Like they were straight up violating the Ten Commandments as a marketing strategy.