Internet companies are likely to have witnessed robust financial performance as they continue to benefit from the increased demand for solutions that support enterprises’ digital transformation initiatives. These companies are also gaining from the solid demand for digital offerings, as well as the increasing importance of video content and cloud-based applications. For internet software solution …
The Zacks Internet – Content industry is benefiting from solid demand for digital offerings, as well as the increasing importance of video content and cloud-based applications. The proliferation of AI and rapid deployment of generative AI is benefiting industry players. Participants like Airbnb ABNB, Angi ANGI and Perion Network PERI are also expanding their presence …
The Zacks Internet – Delivery Services industry participants like GoDaddy GDDY, MakeMyTrip MMYT, QuinStreet QNST and Asure Software ASUR have been benefiting from the reopening of economies, with their business activities reaching pre-pandemic levels. Additionally, a greater Internet presence in emerging markets, a burgeoning affluent middle class and the accelerated uptake of smartphones are set …
The Zacks Internet – Content industry has been suffering from the reversal of the pandemic-led trends, along with challenging macroeconomic conditions globally. Persistent inflation and higher interest rates are having a detrimental effect on ad spending, the primary revenue source for the industry participants. The ongoing war between Russia and Ukraine, as well as in …