LimLS
2022-07-22

Companies that depends on Ad revenue should see similar bad results. Not too surprising. During Q1, Ad revenue is already seeing a slowdown as companies are trying to cut cost to prepare for possible recession. Cost cutting measures had increased over the last few months with so many companies announcing job cuts and hiring freeze. But not all is doom and gloom. They will be the first few to bounce back when recovery is in sight. So make use of this chance to observe and shortlist the stronger companies. Buy quality, avoid meme/hype.

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Comments

  • zerolih
    2022-07-22
    zerolih
    Ad revenue? Would it happen to Google too?
    • LimLS
      Most likely Google revenue will be affected too. Will see it next week so just wait for it. For those who hope to pick up Google, it's not a bad idea to wait after the earning report.
  • ccwee
    2022-07-22
    ccwee
    nice
  • Thomas1027
    2022-07-22
    Thomas1027
    [Smile]
  • Pauline122
    2022-07-22
    Pauline122
    K
  • Mich77
    2022-07-22
    Mich77
    nice
  • Alubin
    2022-07-22
    Alubin
    nice
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