Reddit’s shares drop hard even after what looks like a strong quarter, and the reason isn’t as simple as “the market is wrong.” The key question is whether a brewing fight with Google could hurt traffic and future deals—or end up strengthening Reddit’s hand for years.Read more

Fortinet sells the behind-the-scenes security gear that keeps company networks and big data centers safe, and it’s trying to ride the growing buildout of AI infrastructure. The catch is the stock already assumes a lot goes right, so any slowdown in spending could quickly change the story.Read more