Nasdaq AAPL Apple

Inflation, rising interest rates, and other macroeconomic headwinds broadly crushed growth stocks in 2022. Some of that sell-off was justified, since many growth stocks had reached unsustainable valuations following the buying frenzy over the previous two years. But many babies w

Unity Software (NYSE: U) attracted a stampede of bulls when it went public in September of 2020. The video-game engine developer priced its initial public offering (IPO) at $52, and opened at $75 before soaring above $200 last November.

The stock market's 2022 sell-off has highlighted the importance of investing in growth stocks with a long-term perspective. Doing so can safeguard your investments from macroeconomic headwinds like the ones that brought down the shares of numerous companies over the past year.

Marketers are trimming their ad budgets, and that's bad news for a lot of companies heavily reliant on advertising revenue.

Apple's (NASDAQ: AAPL) stock declined nearly 30% in 2022 as investors fretted over the tech giant's persistent supply chain issues in China. A lack of clarity regarding its roadmap beyond the aging iPhone, which still generated 52% of its revenue in fiscal 2022 (ended in Septembe

High inflation and fears of a looming recession have caused a slowdown in digital ad spending. The revenue growth of Google’s parent company, Alphabet ( NASDAQ:GOOGL ) ( GOOG ), decelerated in the third quarter, while Meta Platforms ( NASDAQ:META ) reported a decline in its revenue for the second consecutive quarter. This duopoly is not only getting impacted by weak ad spending but also by growing competition from tech, retail, and streaming companies that are gradually eating into their market share. Meta and Google Facing Intense Competition As per Axios, which cited Insider Intelligence data, Google and Meta are estimated to capture 28.8% and 19.6% share of the U.S. digital ad revenue market this year. Their combined market share of 48.4% marks a decline compared to 54.7% in 2017. Furthermore, their market share is expected to drop to 43.9% by 2024. Apple’s iOS privacy changes, the rising popularity of ByteDance’s TikTok, the Russia-Ukraine war, and macro pressures have hurt the ad revenues of Meta, which owns Facebook, Messenger, Instagram, and WhatsApp. Insider Intelligence projects that the U.S. digital ad revenue of Amazon ( AMZN ), Apple ( AAPL ), Instacart, Microsoft ( MSFT ), Netflix ( NFLX ), TikTok, and Walmart ( WMT ) will grow at a faster rate than Meta and Google in 2023. Google and Meta’s domestic ad revenue is expected to increase by 3% and 5%, respectively, in 2023. In comparison, U.S. ad revenue growth of Walmart, Instacart, TikTok, Spotify, Apple, Amazon, Walt Disney’s ( DIS ) Hulu, and Microsoft is projected to be 42%, 41%, 36%, 30%, 26%, 19%, 13%, and 10%, respectively. While the ad revenue generated by some of these players dwarfs that of Meta and Google, the pace of their growth is strong enough to impact the two ad giants in the years ahead. It’s worth noting that Amazon defied the weakness in the digital ad market, with its ad revenue growing 25.4% to $9.5 billion in Q3, reflecting an acceleration compared to the 17.5% growth in Q2. In comparison, Meta Platform’s advertising revenue declined 3.7% to $27.2 billion while Alphabet’s revenue from Google advertising (includes Google Search, YouTube ads, and Google Network) grew 2.5% to $54.5 billion.    Is Alphabet Stock a Buy, Sell, or Hold? Wall Street is bullish about Alphabet, with a Strong Buy consensus rating based on 29 unanimous Buys. The average GOOGL stock price target of $125.76 implies 42.5% upside potential. Shares have declined 39.1% in 2022. Is Meta a Buy? The Street’s Moderate Buy consensus rating for Meta Platforms stock is based on 27 Buys, eight Holds, and three Sells. The average META stock price target of $148.12 suggests 23.1% upside potential. Shares fell 64.2% in 2022.     Conclusion Alphabet’s Google and Meta Platforms have dominated the U.S. digital ad market for several years. However, they are now losing market share to companies in the tech, e-commerce, and streaming services markets. Nonetheless, Wall Street still seems bullish about the long-term prospects of the two digital ad giants, especially that of Alphabet. Special end-of-year offer: Access TipRanks Premium tools for an all-time low price!  Click to learn more. Disclosure   

Regularly adding money to stocks can be one of the smartest financial moves you make. The popular market barometer, the S&P 500 index, has returned 11% per year since 1950, which includes several market crashes along the way.The key is consistency. Adding $500 per month to gr

As market pundits repeatedly beat the "recession 2023" drum, investors might be tempted to delay buying high-conviction names on their watch lists. Yet there has already been a mini-recession in the form of a mass exodus out of big tech names and into perceived all-weather invest

U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.

The NASDAQ 100 After Hours Indicator is up 14.08 to 10,953.84. The total After hours volume is currently 67,290,505 shares traded.The following are the most active stocks for the after hours session: Verizon Communications Inc. (VZ) is unchanged at $39.40, with 9,885,789 shares

U.S. stocks ended the final trading session of 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.

After a mid-2020 to late-2021 bull run, many companies across the board have witnessed their values plunge in 2022. While bear markets can be a great time to go discount shopping and grab some great companies for cheap, they can also be a time to be wary of falling into investing

U.S. stocks fell on Friday as growth shares dipped in the final trading session of a year marked by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.

What happened Shares of iPhone component suppliers Taiwan Semiconductor Manufacturing (NYSE: TSM), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS) were falling more than the market Friday, down by 2.5%, 1.2%, and 0.9%, respectively, as of 10:43 a.m. ET.

Friday, December 30, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features an update on the evolving earnings picture for 2023 and new research reports on 16 major stocks, including Apple Inc. (AAPL), Johnson

Wall Street was pulled lower by losses in growth and healthcare shares on the final trading day of a tough year, which was marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears.

Apple Inc Chief Executive Tim Cook asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reported on Friday citing sources.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 3000 ETF (Symbol: IWV) where we have detected an approximate $121.6 million dollar inflow -- that's a 1.1% increase week over week i

Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears.

Comcast CMCSA has been focusing on strengthening its brand and footprint through its Project Up program across the United States. It has distributed more than $4.3 million in grants to 30 non-profit organizations across Philadelphia, which support digital adoption and ski