this post was submitted on 29 Oct 2026
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Alphabet shares record their worst day ever, shedding $500 billion in value (www.nbcnews.com)
submitted 1 day ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] TeaWithDani@lemmy.world 3 points 17 hours ago* (last edited 17 hours ago)

There's also been a multiyear trend of dropping ad sales overall, especially with higher quality companies. Meaning they need far more impressions of the same buyers to make ends meet.

They are all experiencing a recession, hidden by the Ai bubble, so the only people buying ads are lower quality scam companies, gambling and other bullshit. These are less sustainable clients that can vanish at any moment.

Ads targetting people who cant afford to buy things are also not super viable.