A number of stocks jumped in the morning session after a Federal judge ruled that advertising giant Google (owned by Alphabet) monopolized online advertising technology. The affected technologies were the publisher ad servers and exchanges. These platforms are central to how digital ads are bought, sold, and placed across the internet, and they have been major revenue drivers for Alphabet. The decision raised the possibility that Alphabet could be forced to divest these assets, potentially weakening its control over digital ad infrastructure and creating new growth opportunities for independent ad tech firms.
The S&P 500 saved itself from today's Fed fatigue but finished well off session highs, as investor optimism dulled amid interest rate and tariff uncertainty.
Roku shares are rising in extended trading Thursday following strong advertising trends from Netflix, which reported blowout results for the first quarter after the bell.
Streaming video giant Netflix (NASDAQ: NFLX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 12.5% year on year to $10.54 billion. The company expects next quarter’s revenue to be around $11.04 billion, slightly above analysts’ estimates. Its GAAP profit of $6.61 per share was 16.8% above analysts’ consensus estimates.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Zoom Communications shares are trading higher Thursday following a significant global outage that temporarily disabled key parts of Zoom's platform, including video calls, its web portal and app.
