Latest news with #digital advertising
Yahoo
2 days ago
- Business
- Yahoo
Azerion Announces Additional Share Purchases by Leadership Team Members
Amsterdam, 28 July 2025 - Azerion announces that it has been informed that several members of its Executive Committee along with other members of the operational leadership team have mandated or will mandate Arctic Securities to acquire shares in the company on their behalf. This decision highlights their strong belief in the company's strategic vision and its potential for future growth. Arctic Securities may, at its own discretion in the period between 29 July 2025 and 30 September 2025, purchase Azerion shares on behalf of the relevant Executive Committee and leadership team members up to a collective value of up to €1.5 million and transfer them to each member's securities account. Under the arrangement, Arctic Securities may acquire up to approximately 1.3 million Azerion shares, based on the closing price on Euronext Amsterdam on 28 July 2025. Details of the transactions will be disclosed if and when required pursuant to applicable regulatory requirements. About AzerionFounded in 2014, Azerion (EURONEXT: AZRN) is one of Europe's largest digital advertising and entertainment media platforms. Azerion brings global scaled audiences to advertisers in an easy and cost-effective way, delivered through our proprietary technology, in a safe, engaging, and high quality environment, utilizing our strategic portfolio of owned and operated content with entertainment and other digital publishing partners. Having its roots in Europe and with its headquarters in Amsterdam, Azerion has commercial teams based in over 21 cities around the world to closely support our clients and partners to find and execute creative ways to make a real impact through advertising. For more information visit: Contact:Investor Relationsir@ Mediapress@ This communication contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Azerion leadership share purchases July 2025Sign in to access your portfolio
Yahoo
23-07-2025
- Business
- Yahoo
Google parent Alphabet beats quarterly revenue estimates, boosts capex plan
(Reuters) -Alphabet beat Wall Street estimates for quarterly revenue on Wednesday on the back of new AI features and a steady digital advertising market, and said it would boost its capital spending plans for the year to about $85 billion. Shares of the company, which have risen more than 18% since its previous earnings report in April, were down 1% in extended trading. Google had earlier pledged about $75 billion in capital spending this year, part of the more than $320 billion that Big Tech is expected to pour into building out AI capabilities. The companies have defended their aggressive AI spending amid rising competition from Chinese rivals and investor frustration with slower-than-expected payoffs, saying those massive investments are necessary to fuel growth and improve their products. Alphabet reported total revenue of $96.43 billion for the second quarter ended June, compared with analysts' average estimate of about $94 billion, according to data compiled by LSEG.
CNA
23-07-2025
- Business
- CNA
Google parent Alphabet beats quarterly revenue estimates, boosts capex plan
Alphabet beat Wall Street estimates for quarterly revenue on Wednesday on the back of new AI features and a steady digital advertising market, and said it would boost its capital spending plans for the year to about $85 billion. Shares of the company, which have risen more than 18 per cent since its previous earnings report in April, were down 1 per cent in extended trading. Google had earlier pledged about $75 billion in capital spending this year, part of the more than $320 billion that Big Tech is expected to pour into building out AI capabilities. The companies have defended their aggressive AI spending amid rising competition from Chinese rivals and investor frustration with slower-than-expected payoffs, saying those massive investments are necessary to fuel growth and improve their products. Alphabet reported total revenue of $96.43 billion for the second quarter ended June, compared with analysts' average estimate of about $94 billion, according to data compiled by LSEG.
Reuters
23-07-2025
- Business
- Reuters
Google parent Alphabet beats quarterly revenue estimates, boosts capex plan
July 23 (Reuters) - Alphabet (GOOGL.O), opens new tab beat Wall Street estimates for quarterly revenue on Wednesday on the back of new AI features and a steady digital advertising market, and said it would boost its capital spending plans for the year to about $85 billion. Shares of the company, which have risen more than 18% since its previous earnings report in April, were down 1% in extended trading. Google had earlier pledged about $75 billion in capital spending this year, part of the more than $320 billion that Big Tech is expected to pour into building out AI capabilities. The companies have defended their aggressive AI spending amid rising competition from Chinese rivals and investor frustration with slower-than-expected payoffs, saying those massive investments are necessary to fuel growth and improve their products. Alphabet reported total revenue of $96.43 billion for the second quarter ended June, compared with analysts' average estimate of about $94 billion, according to data compiled by LSEG.
Yahoo
23-07-2025
- Business
- Yahoo
Google parent Alphabet beats quarterly revenue estimates, boosts capex plan
(Reuters) -Alphabet beat Wall Street estimates for quarterly revenue on Wednesday on the back of new AI features and a steady digital advertising market, and said it would boost its capital spending plans for the year to about $85 billion. Shares of the company, which have risen more than 18% since its previous earnings report in April, were down 1% in extended trading. Google had earlier pledged about $75 billion in capital spending this year, part of the more than $320 billion that Big Tech is expected to pour into building out AI capabilities. The companies have defended their aggressive AI spending amid rising competition from Chinese rivals and investor frustration with slower-than-expected payoffs, saying those massive investments are necessary to fuel growth and improve their products. Alphabet reported total revenue of $96.43 billion for the second quarter ended June, compared with analysts' average estimate of about $94 billion, according to data compiled by LSEG.
