Saturday, July 23, 2022

Meta closed down 7%+ and Alphabet closed down 5%+ on Friday, as Snap's weak earnings, inflation, and other factors lead to worries about online advertising (Richard Waters/Financial Times)

Richard Waters / Financial Times:
Meta closed down 7%+ and Alphabet closed down 5%+ on Friday, as Snap's weak earnings, inflation, and other factors lead to worries about online advertising  —  Weak earnings raise fears that inflation and interest rates are starting to hit social media companies



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Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturing costs by mid-2026, up from 20% now (Nikkei Asia)

Nikkei Asia : Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturin...