News Formal

Snap's report incinerates $80 billion in ad industry market cap

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Facebook-owner Meta Platforms, Google-owner Alphabet and other companies that sell online ads lost about $80 billion in combined stock market value on Thursday after Snap posted poor quarterly results and warned of an uncertain outlook.Slammed by a weakening economy, increased competition from TikTok and

Facebook-owner Meta Platforms, Google-owner Alphabet and other companies that sell online ads lost about $80 billion in combined stock market value on Thursday after Snap posted poor quarterly results and warned of an uncertain outlook.

Snap's poor report also hit other growth stocks, with Spotify Technology, Shopify and Roblox down around 3 per cent each after hours. Twitter is set to report its quarterly results early on Friday, but the micro-blogging platform has canceled its traditional call with analysts, pointing to Musk's"pending acquisition".

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Importers paid $45 billion in US tariffs on China tech imports: Industry report
ソース: STForeignDesk - 🏆 4. / 71 続きを読む »