Search continues to account for the largest share of digital ad spending. Search revenue grew 5.2% year on year.
MBW takes a deep dive through Universal's latest in-depth financial report Source
Google and Microsoft both reported very good earnings, driving both stock prices up after hours. I like to dive into the ad revenue side, and it looks like Google Ad revenue was up 13% from last year and Microsoft Advertising revenue was up 12% from last year.And that is good because both companies saw ad revenues increase the previous quarter and the quarter before that.Google reported total ad sales of $61.66 billion — up from $54.55 billion a year ago.GOOG EarningsThe Google earnings release...
Fresh salmon prices hit an all time record in Norway last week, although there are signs the surge could be over. They soared to NOK 123.28 per kilo during week 15, an increase of NOK 3.34 per kilo or 2.2% on the previous week. The official figures from Statistics Norway are generally an average so
Don't expect Meta search ads, but there could eventually be ads and paid content in Meta AI interactions, says CEO Mark Zuckerberg.
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of takeover bids for UK companies.The tech heavy Nasdaq led the way on Wall Street, adding more than two percent as traders shrugged off official data showing that a key measure of inflation favored by the US Federal Reserve had accelerated in March.The broader-based S&P added 1.0 percent while the Dow was 0.4 percent in the green as major European indices also rose.The markets had...
International Energy Agency says 17m vehicles will be sold this year, up more than 20% compared with 2023Electric and plug-in hybrid car sales will jump to a new global record in 2024 despite slowing growth in some markets, according to forecasts from the influential International Energy Agency (IEA).The Paris-based forecaster said that 17m battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up more than 20% compared with 2023. Continue reading
The US economy slowed far more than expected in the first quarter of the year as its gross domestic product (GDP) endured the influence of stubborn inflation and high interest rates.
By Robin Millard Asia was the world’s most disaster-hit region from climate and weather hazards in 2023, the United Nations said Tuesday, with floods and storms the chief cause of casualties and economic losses. Global temperatures hit record highs last year, and the UN’s weather and climate agency said Asia was warming at a particularly […]
Tech Wrecks As FedSpeak F ks FOMO-Followers; Gold Hits New Record High Well, that escalated quickly ..but some saw it coming. In a week characterized by data supporting 'no landing' from a growth perspective and disappointment from a disinflation perspective Source: Bloomberg FedSpeak that was without exception - hawkish! As they suddenly realized that all that 'pivot' optimism did nothing but dramatically ease financial conditions and fuck their 'best laid plans' for a...
The rise in the price of ads was driven by advertiser demand and was partially offset by impression growth from lower monetizing regions/surfaces (devices used to consume content).
Reported Q1 Revenue: $19.3 billion, a 12% increase year-over-year,