Last updated with The Trade Desk on May 7, 2026.

Key Earnings Season Events

• Google enjoyed its second-ever quarter of more than $100 billion in revenues and boasted AI developments and product launches across its businesses, offsetting some investor concerns about AI's ability to drive growth.
• Meta adjusted its 2026 capex expectations upward to $125 billion to $145 billion, overshadowing its revenue beats.
• Netflix reaffirmed its goal to reach $3 billion in ad revenues this year in a show of confidence in its ad trajectory. Notably, co-CEOs Ted Sarandos and Greg Peters said in the company's earnings call that it is seeking to secure more NFL games to "eventize."
• Comcast can thank the Olympics and the Super Bowl for its eye-popping 135% advertising growth; without those tentpoles, domestic ad revenue growth was only 4.7%.
• AppLovin boasted an impressive 59% growth—a sign that its year-ago pivot from a gaming business into an AI-first adtech provider is bearing fruit.
• Warner Bros. Discovery struggled in Q1. Revenues shrunk 8%, reflecting a strained linear TV business and streaming segment in need of a boost—one that it could get from Paramount's high-profile buyout.