Earnings Scheduled For August 9, 2022
Companies Reporting Before The Bell
• Cognition Therapeutics (NASDAQ:CGTX) is estimated to report earnings for its second quarter.
RBC Segregates Walled Garden Advertisers Like Amazon, Google From Open-Internet Players Like Magnite, PubMatic, Tremor & Trade Desk
RBC Capital analyst Matthew Swanson acknowledged that earnings to date from walled-garden advertisers split into two groups, and stocks have reacted accordingly, showing investors willing to reward upside against negative sentiment into earnings.
Google Delaying Phasing Out Of Third-Party Cookies On Chrome Will Benefit These Companies, Analysts Say
Earlier today, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google announced delaying the phase-out of third-party cookies on Chrome until 2H24, an ~ one-year extension from its initial plan.
Why Magnite Shares Are Falling After Snap’s Earnings Report
Magnite Inc (NASDAQ: MGNI) shares are trading lower by 6.31% to $8.25 Friday morning. Shares of digital advertising companies at large are trading lower following worse-than-expected second-quarter earnings from Snap.
Why Are Digital Advertising Stocks Sliding After Hours?
Shares of several digital advertising companies, including The Trade Desk Inc (NASDAQ: TTD), Magnite Inc (NASDAQ: MGNI) and PubMatic Inc (NASDAQ:
Benchmark Initiates Coverage On Magnite with Buy Rating, Announces Price Target of $18
Benchmark analyst Daniel Kurnos initiates coverage on Magnite (NASDAQ:MGNI) with a Buy rating and announces Price Target of $18.
Needham Sees Magnite As Primary Beneficiary Of Netflix, Disney+ Adding Ad-Driven Streaming Tiers
Needham analyst Laura Martin maintained Magnite, Inc (NASDAQ:MGNI) with a Buy and cut the price target from $25 to $13 (51% upside). Macro…