Tech's strong ad sales are showing signs of cracking from Trump's trade war
Published on: 2025-07-17 00:30:55
The digital advertising market was sunny enough for investors this past quarter, providing what could be a last hurrah before a looming economic storm from President Donald Trump's tariff onslaught.
Wall Street cheered the first-quarter results from tech giants like Meta and Alphabet , which both saw shares rise on strong revenue and earnings that beat analyst expectations.
The strong numbers from the online advertising titans in the face of economic worries showed that companies were still willing to promote their goods and services to consumers across the internet.
Amazon's burgeoning online advertising unit also topped analyst estimates for the quarter. The online retail giant's first-quarter ad sales jumped 19% year-over-year, representing a faster growth rate than Meta and Google's advertising sales, which were 16% and 9%, respectively.
Even smaller social media and online advertising firms like Reddit , Snap and Pinterest posted first-quarter sales that topped Wall Street pro
... Read full article.