Business Outlook
For the second quarter of 2024, Sohu estimates:
Brand advertising revenues to be between US$18 million and US$20 million; this implies an annual decrease of 16% to 25%, and a
Given Q1 outperformance along with continued robust cohort behavior and strong business trends, we are increasing full year bookings outlook to $1,796 - $1,826 million,
GameStop shares are falling on news of a share offering. Many pointed this out as a warning sign and continue to warn against investing in meme stocks.