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Meta Platforms and Alphabet both reported better-than-expected revenue growth for their latest quarters amid a strong digital advertising backdrop, but a Loop Capital analyst is bullish on just one of ...
The two businesses with the largest share of digital advertising revenue in the world are Google, owned by Alphabet(NASDAQ: GOOGL) (NASDAQ: GOOG), and Facebook, owned by Meta Platforms(NASDAQ: META).
Meta Platforms (META) has signed a cloud deal worth more than $10 billion with Alphabet’s (GOOGL) Google to power its massive ...
Alphabet posted a 9.5 per cent bump in ad revenue in the July-September quarter, ahead of Wall Street estimates. Its YouTube ads business witnessed a 12 per centjump in growth.
Representative image Advertisers are sticking with safe havens Alphabet and Meta Platforms in an uncertain economy, their quarterly results showed, likely helping the tech giants take market share ...
Alphabet's net income fell to $13.62 billion, or $1.05 per share, from $20.64 billion, or $1.53 per share, a year earlier. Revenue rose to $76.05 billion in the fourth quarter from $75.33 billion ...
So what In the third quarter, Alphabet reported revenue of $69.1 billion, which grew just 6% year over year. Foreign currency headwinds played a part, as revenue would have been up 11% in constant ...
Alphabet, Meta lure back advertisers as smaller rivals expected to struggle Credit: REUTERS/YVES HERMAN April 26, 2023 — 09:26 pm EDT Written by Sheila Dang for Reuters -> By Sheila Dang ...