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TV's Ad Bounceback Stronger Than Expected

Second quarter earnings saw ear-to-ear smiles on broadcasters’ faces with ad categories like services and sports betting continuing to lead the pack. “Advertisers [are] coming out of the woodwork,” Nexstar said. ....

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TV's Ad Bounceback Stronger Than Expected

Second quarter earnings saw ear-to-ear smiles on broadcasters’ faces with ad categories like services and sports betting continuing to lead the pack. “Advertisers [are] coming out of the woodwork,” Nexstar said. ....

United States , Nexstar Sook , Gray Laplatney , Perry Sook , Lucy Rutishauser , Christine Mccarthy , Dave Wehner , Naveen Chopra , Lachlan Murdoch , Ned Segal , Tom Harty , Pat Laplatney , Philipp Schindler , Jack Dorsey , Brian Roberts , Brian Olsavsky , Brian Lawlor , Rob Weisbord , Dave Lougee , Ruth Porat , Tech Companies Ride Recovery Wave , Fox Corp , Sinclair Broadcast Group , Nexstar Media Group , Ew Scripps Co , Television Network ,

Online ad demand is 'very strong': How did tech giants perform in Q2 2021?

Online ad demand is 'very strong': How did tech giants perform in Q2 2021?
prweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweek.com Daily Mail and Mail on Sunday newspapers.

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Online ad demand is 'very strong': How did tech giants perform in Q2 2021?

Online ad demand is 'very strong': How did tech giants perform in Q2 2021?
campaignlive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from campaignlive.co.uk Daily Mail and Mail on Sunday newspapers.

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Recapping the FAANG's Earnings Reports: FB, AMZN, AAPL, GOOGL

GOOGL) reporting earnings this week.
As I discussed last week, Netflix reported a disappointing second quarter, with earnings missing analysts’ estimates by 5.8%. As a result, the stock fell nearly 3%.
So, let’s use today’s
Market360 to review the remaining FAANG stocks’ earnings reports.
Facebook (FB) Announced July 28
Facebook’s second-quarter revenue rose 56% year-over-year (YOY) to $29.08 billion, which beat Wall Street consensus estimates for revenue of $27.89 billion. Earnings climbed 181% YOY to $3.61 per share, up from the $1.80 earned in the prior year. Analysts were calling for earnings of $3.03 per share, so the company topped expectations by 19%.
The social media giant’s userbase held steady at 195 million daily active users in the U.S. and Canada but is still down from 196 million in the fourth quarter 2020. However, across all of its apps including Instagram, Messenger and WhatsApp, monthly users ticked up 6% to 3.51 billion f ....

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