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The Trade Desk and PubMatic Shares Are Soaring, What You Need To Know
A number of stocks jumped in the morning session after a Federal judge ruled that advertising giant Google (owned by Alphabet) monopolized online advertising technology. The affected technologies were the publisher ad servers and exchanges. These platforms are central to how digital ads are bought, sold, and placed across the internet, and they have been major revenue drivers for Alphabet. The decision raised the possibility that Alphabet could be forced to divest these assets, potentially weakening its control over digital ad infrastructure and creating new growth opportunities for independent ad tech firms.
Why Alphabet (GOOGL) Shares Are Falling Today
Shares of online advertising giant Alphabet (NASDAQ:GOOGL) fell 3% in the morning session after a federal judge ruled that the company monopolized online advertising technology. The affected technologies were the publisher ad servers and exchanges. These platforms are central to how digital ads are bought, sold, and placed across the internet, and they have been major revenue drivers for Alphabet. The decision raised the possibility that the company could be forced to divest these assets, potentially weakening its control over digital ad infrastructure and creating new growth opportunities for independent ad tech firms.
Netflix’s (NASDAQ:NFLX) Q1 Earnings Results: Revenue In Line With Expectations But Full-Year Sales Guidance Slightly Misses Expectations
Streaming video giant Netflix (NASDAQ: NFLX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 12.5% year on year to $10.54 billion. The company expects next quarter’s revenue to be around $11.04 billion, slightly above analysts’ estimates. Its GAAP profit of $6.61 per share was 16.8% above analysts’ consensus estimates.