Reddit, Meta, and Pinterest Stocks Rise. How Alphabet’s Earnings Are Giving Them a Boost. - Barron's
1. META shares rose 2.96% following Alphabet's strong earnings announcement. 2. Alphabet's ad revenue growth signals positive trends in digital advertising. 3. META's ad revenue was $160.6 billion, a 22% year-on-year increase. 4. The update to Threads expands advertiser access, increasing competitive positioning. 5. Other social media stocks also gained, reflecting overall market positivity.