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Felix Fok: Milford Asset Management Portfolio Manager on Meta and Alphabet reporting strong results from US earnings season

Felix Fok: Milford Asset Management Portfolio Manager on Meta and Alphabet reporting strong results from US earnings season

Heather du Plessis-Allan Drive · Newstalk ZB

August 2, 20232m 46s

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Show Notes

Two major players in the tech world are reporting strong results this US earnings season.

Meta and Alphabet are seeing digital advertising revenue bounce back from the doldrums of of late 2022 and early 2023.

Milford Asset Management's Felix Fok says advertising spending is sensitive to economic conditions, and Alphabet and Meta are performing better than predicted.

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businesstechnologyMetaAlphabet