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Reddit shares dropped 30.44% to $90.15 after CEO Steve Huffman warned that Google’s AI search tools were reducing referrals and could push daily active users lower. The company also issued a fourth-quarter revenue forecast below analyst expectations despite strong third-quarter growth.
Google is rolling out enhanced autofill in Chrome, allowing Gemini to find order numbers, tracking details and flight bookings in Gmail and use them in web forms. The feature is initially available to U.S. users with Personal Intelligence enabled on desktop, Android and iOS.
Bitcoin rebounded to $81,547 after US GDP growth exceeded expectations, while PCE inflation matched forecasts. The move came despite a 12% drop in Alphabet shares, with analysts watching whether BTC can reclaim the $81,400 level before the weekly close.
OpenAI is reportedly preparing to buy Google’s TPU processors, potentially reducing its reliance on Nvidia. The companies have not confirmed the plan, while OpenAI is also testing TPUs, developing a Broadcom-built chip and maintaining major hardware arrangements with Nvidia and AMD.
Google is testing a multi-party computation service that splits crypto signing credentials across separate environments, with commercial availability planned for early 2027. The system is aimed at banks and other institutions managing digital assets amid continuing private-key theft and rising cybersecurity concerns.
