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Vulnerable, yes but the google earnings from yesterday show even in advertising, there seems to be a temporary floor. Entirely possible the floor is a temporar
by obblekk 6y ago
Vulnerable, yes but the google earnings from yesterday show even in advertising, there seems to be a temporary floor.
Entirely possible the floor is a temporary illusion and falls out over next 3mo, but the market is betting that won’t happen (I don’t know why, I’m not an expert on ads)
- grey-area 6y agoYes, it could conceivably go either way at present, and I guess the market is being optimistic, but most countries are locking down for months, not weeks, and there may unfortunately be a second wave for some. Do bear in mind those google results were for a quarter which was pretty much untouched outside China.
- ashtonkem 6y agoThe market can either be betting that there’s a floor, or that Google will survive and ads will be valuable again in the future. Either or.