Early Earnings for BigTech Are In
YouTube performance and Microsoft Guidance paints a dismal picture for BigTech in 2023
Hey Guys,
BigTech is showing a Macro Slowdown is Getting Worse
The Ads slowdown has really started to impact Google and YouTube in particular. Revenue at YouTube declined, while analysts were expecting growth of about 3%. What’s not clear is this the impact of TikTok or just part of the “challenging macro” conditions we’ve been seeing for quite a few mo…
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