Workflow
Advertising
icon
Search documents
Nexxen Announces June 2025 Share Repurchase Program Summary
Globenewswire· 2025-07-01 11:30
NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced that during June 2025 the Company repurchased 800,000 Ordinary Shares at an average price of $10.45. As of June 30, 2025, Nexxen had 58,941,174 Ordinary Shares outstanding (excluding treasury shares) and approximately $16.4 million remaining under its current share repurchase program a ...
剥离游戏,All in AI广告:AppLovin的“第二曲线”加速中
Sou Hu Cai Jing· 2025-07-01 08:07
Core Viewpoint - AppLovin has officially sold its mobile gaming business to Tripledot Studios for $400 million in cash and approximately 20% equity stake, marking a significant strategic restructuring for the company as it shifts focus to an AI-driven advertising technology platform [2][3]. Group 1: Business Transition - AppLovin was previously a major player in the mobile gaming industry, owning ten studios and producing top-ranking games like "Wordscapes" and "Cooking Madness" [3]. - Following the completion of the transaction on June 30, 2025, all studios will belong to Tripledot Studios, allowing AppLovin to concentrate on its core business of technology platform development and AI capabilities [3]. - The CEO of AppLovin stated that this transaction is a crucial step in focusing on their core business [3]. Group 2: Financial Performance - In Q4 of FY2024, AppLovin reported revenues of $9.6 billion, a 44% year-over-year increase, and an adjusted EBITDA of $4.8 billion, reflecting a 78% growth in profitability [4]. - The company has $4.1 billion in cash and cash equivalents, providing a solid foundation for future technology investments and potential acquisitions [4]. - For Q1 2025, AppLovin expects revenues to exceed $1 billion and adjusted EBITDA to reach $2.5 billion, indicating strong financial guidance [4]. Group 3: AI-Driven Advertising Technology - AppLovin is leveraging AI capabilities in advertising, utilizing large language models (LLM) and generative AI to enhance code deployment and ad creative generation [5]. - The company has established a highly automated architecture that allows for significant efficiency gains, directly impacting financial performance [5]. - AppLovin's platform currently serves thousands of apps across various sectors, enabling developers to acquire users at lower costs and providing advertisers with optimal ROI in fragmented traffic [5]. Group 4: Market Recognition and Growth Potential - Since June, AppLovin's stock price has surged due to its business focus, leading AI capabilities, and strong financial results, with UBS raising its target price from $475 to $540 [6]. - Investors are optimistic about AppLovin's high profit margins, strong cash flow, and the first-mover advantage in AI advertising technology, which could lead to industry valuation premiums [6]. - The company’s asset-light operational structure allows for greater flexibility in business adjustments compared to larger competitors like Google and Meta [6]. Group 5: Strategic Positioning - AppLovin is transitioning from being perceived as a "game-driven tech company" to a "tech-driven growth infrastructure," focusing solely on becoming a leading AI-driven advertising technology platform [7]. - In a slowing programmatic advertising market, AppLovin aims to combat future challenges through strategic focus, organizational streamlining, and deepening technological expertise [7]. - The company’s approach emphasizes that while content may change hands, the platform itself serves as a true competitive moat [7].
DV Stock News: Robbins LLP Reminds DoubleVerify Holdings, Inc. Investors of the Pending Lead Plaintiff Deadline in the DV Class Action – Contact Robbins LLP Before July 21 for Information
GlobeNewswire News Room· 2025-07-01 00:50
Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for allegedly misleading investors about its business prospects and financial performance during the specified period [1][2]. Allegations - The lawsuit claims that DoubleVerify did not disclose significant shifts in customer ad spending from open exchanges to closed platforms, where the company's capabilities were limited [2]. - It is alleged that the company’s ability to monetize its Activation Services was constrained due to the high costs and time required for technology development for closed platforms [2]. - The complaint states that monetization of Activation Services related to certain closed platforms would take several years, impacting revenue generation [2]. - Competitors were reportedly better positioned to integrate AI into their offerings on closed platforms, which negatively affected DoubleVerify's competitive stance and profitability [2]. - The company is accused of systematically overbilling customers for ad impressions served to bots operating from known data centers [2]. - The risk disclosures provided by DoubleVerify were claimed to be materially false and misleading, as they downplayed adverse facts that had already occurred [2]. Impact of Disclosure - The truth about DoubleVerify's business challenges was revealed on February 27, 2025, when the company reported lower-than-expected sales and earnings for Q4 2024, attributed to reduced customer spending and service suspension by a major client [3]. - Following this disclosure, DoubleVerify's stock price fell by $7.83, or 36%, from $21.73 to $13.90 within a day [3]. Next Steps for Shareholders - Shareholders interested in participating in the class action must file their papers by July 21, 2025, to serve as lead plaintiffs [4]. - Shareholders can choose to remain absent class members without participating in the case [4]. About Robbins LLP - Robbins LLP is noted for its focus on shareholder rights litigation, aiming to help shareholders recover losses and improve corporate governance [5].
DoubleVerify Holdings, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. July 21, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-06-30 21:00
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, June 30, 2025 (GLOBE NEWSWIRE) --  The Portnoy Law Firm advises DoubleVerify Holdings, Inc. ("DoubleVerify" or the "Company") (NYSE: DV) investors of a class action representing investors that bought securities between November 10, 2023 and February 27, 2025, inclusive (the "Class Period"). DoubleVerify investors have until July 21, 2025 to file a lead plaintiff motion. Investors are encouraged to contact ...
Contact Levi & Korsinsky by July 21, 2025 Deadline to Join Class Action Against DoubleVerify Holdings, Inc. (DV)
GlobeNewswire News Room· 2025-06-30 19:46
Core Viewpoint - A class action securities lawsuit has been filed against DoubleVerify Holdings, Inc. alleging securities fraud that negatively impacted investors between November 10, 2023, and February 27, 2025 [1][2]. Case Details - The lawsuit claims that DoubleVerify's customers shifted ad spending from open exchanges to closed platforms, limiting the company's technological capabilities and increasing competition from platforms like Meta and Amazon [2]. - It is alleged that the monetization of DoubleVerify's Activation Services was hindered due to the high costs and time required for technology development for closed platforms [2]. - The complaint states that it would take several years for DoubleVerify to monetize its Activation Services on certain closed platforms [2]. - Competitors were reportedly better positioned to integrate AI into their offerings, which negatively affected DoubleVerify's competitive standing and profitability [2]. - The company is accused of systematically overbilling customers for ad impressions served to bots operating from known data centers [2]. - The risk disclosures provided by DoubleVerify were claimed to be materially false and misleading, presenting adverse facts as mere possibilities [2]. - As a result of these issues, the positive statements made by the defendants regarding the company's business and prospects were deemed materially false or misleading [2]. Next Steps - Investors who suffered losses during the specified timeframe have until July 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record of securing significant compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States [4].
DV LAWSUIT ALERT: The Gross Law Firm Notifies DoubleVerify Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-06-30 13:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DoubleVerify Holdings, Inc. regarding a class action lawsuit alleging misleading statements and failure to disclose critical information during the class period from November 10, 2023, to February 27, 2025 [1] Allegations Summary - Allegations include that DoubleVerify's customers shifted ad spending to closed platforms, limiting the company's technological capabilities and competition with platforms like Meta and Amazon [1] - The company’s ability to monetize its Activation Services was hindered due to the high costs and time required for technology development for closed platforms [1] - It is claimed that monetization of Activation Services on certain closed platforms would take several years [1] - Competitors were better positioned to integrate AI into their offerings, negatively impacting DoubleVerify's competitive edge and profits [1] - DoubleVerify allegedly overbilled customers for ad impressions served to bots operating from known data centers [1] - The company's risk disclosures were misleading, presenting adverse facts as mere possibilities [1] - As a result, positive statements made by the defendants regarding the company's business and prospects were deemed materially false or misleading [1] Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 21, 2025, to participate in the case without any cost or obligation [2] - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2] Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3]
IAS Launches First-to-Market AI-Powered Social Attention Measurement for Snap
Prnewswire· 2025-06-30 12:00
Core Insights - Integral Ad Science (IAS) has formed a strategic partnership with Snap Inc. and Lumen Research to introduce a customized attention measurement tool for Snapchat campaigns, enabling advertisers to gain social attention metrics through a unique Snapchat attention score within the IAS Signal platform [1][3][5] Company Developments - The Snap Attention Measurement combines Lumen's eye-tracking technology with IAS's AI-powered media quality data, allowing advertisers to move beyond traditional viewability metrics and obtain deeper insights into consumer behavior [4][6] - IAS's CEO, Lisa Utzschneider, emphasized the importance of understanding consumer engagement with media, highlighting the partnership's role in providing a comprehensive view of attention to enhance media performance on social platforms [3][5] Industry Impact - This partnership is seen as a significant advancement in the Attention Economy, providing advertisers on Snapchat with the ability to measure how attention influences consumer actions [5] - The new attention measurement tool will be integrated into IAS Signal, which is designed to deliver essential data and insights for optimizing digital campaigns across various channels [5][9]
Azerion in Discussions Regarding Potential Sale of Whow Games
Globenewswire· 2025-06-30 11:10
Amsterdam, 30 June 2025 - Following a recent media publication, Azerion confirms that it is in discussions with DoubleU Games regarding a potential sale of Whow Games, a part of its Premium Games Segment. As already indicated to the market, Azerion remains committed to becoming the European leader in digital advertising. The company continues to manage its Premium Games Segment for value. While talks are ongoing with DoubleU Games regarding Whow Games, there is no agreement or certainty that they will ...
X @The Economist
The Economist· 2025-06-30 10:31
“You show them a photo of your product, and it turns it into a video.”The Economist’s @t_wainwright explains how AI is transforming the advertising industry. Listen to “Money Talks” https://t.co/PgTf1kt8sk ...
Will This "Magnificent Seven" Stock Overtake Microsoft and Nvidia As the Largest Company in the World By 2030?
The Motley Fool· 2025-06-30 09:15
While Nvidia and Microsoft are duking it out to see which company will maintain its position as the largest in the world by market cap, another competitor is lurking in the background: Amazon (AMZN 2.66%).Amazon is a dark horse pick to become the largest company in the world in a few years, because it has several divisions that are growing at an impressive rate while producing stellar profits. But does it have enough juice to overtake the current leaders by 2030? Let's take a look. Amazon's growth comes fro ...