Meta’s and Alphabet’s stocks close at highest levels since early 2022

Internet stocks Meta Platforms Inc. and Alphabet Inc. logged their highest closes in more than a year as they continued their October rally.

Shares of Alphabet GOOG, +1.80% GOOGL, +1.80% advanced 1.8% to close at their highest level since April 5, 2022, when they finished at $140.59. Alphabet’s stock ended Tuesday’s session at $140.55. “From an industry perspective, we would highlight that 2023 digital ad trends continue a pattern of improving growth trends that has been a hallmark of the progression 2023,” Goldman Sachs’s Eric Sheridan said in a note to clients earlier this month. He added that companies generally should see easier comparisons and “steady sequential improvement in brand advertising,” among other positive drivers.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Meta and Alphabet stocks on track to close at highest levels since early 2022Both stocks have rallied in October
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »