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...Advertising revenue — which accounts for the vast majority of Google’s top line — grew 13 per cent to $61.7bn, compared with analysts’ $60.2bn consensus forecast....
...It has continued to shift to AI-driven ad formats, which are intended to improve its advertising customers’ return on investment....
...US stocks looked set to fall for the sixth consecutive session in what would be Wall Street’s longest losing streak since October 2022 amid a global sell-off sparked after Israel launched retaliatory strikes...
...Snap shares plunged 35 per cent on Wednesday after its quarterly revenue growth fell shy of Wall Street expectations, as it struggles to recover from a digital advertising slump....
...In its fiscal third quarter, Conagra’s net sales dropped 1.7 per cent from a year ago to $3bn, beating Wall Street forecasts....
...brands target advertising and measure the effectiveness of campaigns....
...Shares in Google parent Alphabet fell 6.4 per cent after the company narrowly missed forecasts for growth in its advertising business....
..., including advertising....
...Compared with deep-pocketed rivals such as Meta, the Los Angeles-based social media company was among those hardest hit by an advertising slump following privacy changes introduced by Apple to its operating...
...Shares in Google parent Alphabet slipped 5.8 per cent in pre-market trading after the company narrowly missed forecasts for growth in its advertising business....
...This is an audio transcript of the Unhedged podcast episode: ‘Wall Street bets on Reddit’ Ethan WuReddit is home to 73mn of the internet’s most intelligent commenters, and the company is going public....
...Contracts tracking Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq Composite were close to flat ahead of the New York trading session....
...The move makes the Wall Street lender the latest non-traditional player to try to turn user data into advertising revenues....
...TikTok generated around $6bn from US advertising last year, according to digital advertising analyst Brian Wieser — a drop in the bucket compared to the $138bn in advertising Meta produced....
...For Wall Street’s big four lenders, expectations that the Federal Reserve will delay rate cuts in response to stubbornly high inflation readings and a robust job market mean the good times should continue...
...Histeel soared 30 per cent after US President Joe Biden announced plans to increase tariffs on Chinese steel....
...A blowout quarter was poised to end with a whimper on Thursday as investors chose to hold off bets ahead of fresh inflation figures and comments from Fed chair Jay Powell....
...Wall Street looked set to rebound slightly after a steep sell-off in the previous session....
...Now I called in the FT’s Wall Street editor Sujeet Indap to help me with the next part here. So, Sujeet, let’s picture this. I have this pizza restaurant that I’ve built up and I’ve run it for years....
...That has been a traditional Wall Street strength with investment banks mutating to capture new profit streams. Look at Goldman Sachs and Morgan Stanley in prime brokerage over four decades....
...Netflix said it planned to build out its advertising business this year and would work to improve the quality of its film and series offerings....
...The 10-year Treasury yield, which moves with inflation and growth expectations, dipped 0.02 percentage points to 4.23 per cent....
...US stocks declined on Monday, continuing a sell-off from last week as Wall Street’s “fear gauge” hit its highest level since October....
...Gold rose 1.7 per cent to $2,383.19, on track for a fresh closing high....
...The drop on Tuesday was unlikely to represent a longer-term trend for stocks, analysts said, as both indices have been on the rise since the Federal Reserve meeting last week....
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