Regulatory Scrutiny - France's antitrust regulator notified Meta of a potential violation of competition rules [1] Industry Impact - The potential violation relates to the online advertising sector [1]

The CEO of Twitter, now known as X, Linda marino, will be stepping down from the company after just two years. She said it in a tweet, doesn't give a reason. We bring in Bloomberg's Max Chacon, who covers all things ex and Elon Musk for us.Why do you think she's leaving. Well, if you've been following the news lately, there's there have been quite a few reasons, I think, that have pushed Linda Carino away. I should say, first of all, two years, a long time in Elon Musk's orbit, especially in the role she wa ...

Core Viewpoint - Thumzup Media Corporation is expanding its digital asset strategy to include a broader range of cryptocurrencies beyond Bitcoin, aiming to enhance financial flexibility and support the growth of its AdTech platform [1][2][3] Company Strategy - The Board of Directors has authorized management to accumulate additional cryptocurrencies, specifically Dogecoin (DOGE), Litecoin (LITE), Solana (SOL), Ripple (XRP), Ether (ETH), and USD Coin (USDC) [1][2] - This initiative builds on the existing strategy that allows the company to hold up to 90% of its liquid assets in Bitcoin, with current holdings of 19.106 BTC valued at approximately $2.1 million as of July 8, 2025 [2] Management Perspective - The CEO of Thumzup stated that diversifying into other leading cryptocurrencies aligns with the company's commitment to innovation and prudent treasury management, which could enhance financial flexibility as the company scales its operations [3] Product Offering - Thumzup Media Corporation is focused on democratizing the social media branding and marketing industry through its flagship product, the Thumzup platform, which allows users to earn cash for posting about participating advertisers [3]

Core Viewpoint - The advertising industry is facing significant challenges, with WPP's unexpected profit warning indicating a potential downturn, leading to a decline in shares across major ad groups and raising concerns about the impact of AI on traditional agency business models [1][2][10]. Company Summary - WPP has reported a combination of client losses, a slowdown in new business pitches, and cautious marketing strategies due to economic uncertainty, forecasting a revenue decline of 3% to 5% for 2025 [2][4]. - The outgoing CEO of WPP highlighted that new business pitches in 2025 are at one-third of the level compared to the same period last year, reflecting decreased marketer confidence [4]. - WPP has lost key clients, including Pfizer and Coca-Cola's North America account, and has undergone restructuring efforts to enhance competitiveness, which have caused distractions within the business [16][18]. - WPP plans to invest £300 million (approximately $407 million) annually in AI and related technologies, including an investment in Stability AI and the development of an AI-powered platform called WPP Open [14][15]. Industry Summary - The advertising sector is grappling with the rise of AI, which presents both opportunities and threats, as it may streamline services traditionally offered by agencies and challenge their business models [3][5]. - Analysts have noted a sharp decline in new business pitches, suggesting that corporate clients may be replacing some agency services with in-house AI solutions [5][9]. - Major agency groups like Publicis and Omnicom are committing to invest hundreds of millions in AI to adapt their operations [11]. - The competitive landscape is shifting, with Publicis performing well and maintaining its rating despite downgrades for WPP, IPG, and Omnicom due to immediate risks posed by AI [17][18].

NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the second quarter ended June 30, 2025 after the market close on Wednesday, August 6, 2025. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook. Live conference call   Toll free number:  (844) 875-6911 (for domestic callers)Direct dial number:  (412) 902-6511 (for interna ...

SAN ANTONIO, July 9, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2025 second quarter results before the market opens on Tuesday, August 5, 2025, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time.A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Company's website (investor.clearchannel.com).  Additionally, information related to requesting the conferenc ...

Amazon (AMZN -1.93%) has been a stellar performing stock over the past few years, and its growth trajectory has taken it to a $2.37 trillion valuation at the time of this writing. Still, some investors believe there is significant upside in Amazon's stock, and that it could reach a $5 trillion market capitalization by the end of 2030.That's a 111% gain from today's levels, which would likely be a market-crushing return over the five-and-a-half-year assessment period. So, is the $5 trillion level a dream or ...

WPP lowers its full-year outlook for 2025 as the advertising group struggles with of weaker-than-expected client spending and new business https://t.co/UmRaDs2Xfa ...

Core Viewpoint - Omnicom (OMC) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which are a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is primarily driven by changes in a company's earnings picture, with the Zacks Consensus Estimate reflecting EPS estimates from sell-side analysts [1][2]. - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [4][5]. Recent Performance and Projections - Omnicom is projected to earn $8.32 per share for the fiscal year ending December 2025, showing no year-over-year change, but the Zacks Consensus Estimate has increased by 0.1% over the past three months [8]. - The upgrade to Zacks Rank 2 places Omnicom in the top 20% of Zacks-covered stocks, suggesting a favorable position for potential market-beating returns in the near term [10]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a historical track record showing that Zacks Rank 1 stocks have generated an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of "buy" and "sell" ratings across its universe of over 4,000 stocks, ensuring that only the top 5% receive a "Strong Buy" rating [9].

Key Takeaways APP is shifting from mobile-first to omnichannel ads by expanding into CTV, web and e-commerce. The Wurl acquisition enhances APP's AI-driven monetization engine across new digital ad verticals. APP stock is up 46.5% in 3 months, outpacing the industry's 42.7% gain amid rising earnings estimates.AppLovin Corporation (APP) is accelerating its transformation from a mobile-first advertising platform into a diversified digital advertising powerhouse. At the heart of this evolution is a strategic ...