Magnite Rally After Google Ruling 'Justified,' Benchmark Says -- Market Talk

Dow Jones

Apr 18, 2025

1405 ET - Online advertising company Magnite jumps after a federal judge rules that Alphabet's Google created an illegal monopoly allowing it to control parts of the online advertising industry. Benchmark's Daniel Kurnos says the reaction in Magnite's stock is "justified." Magnite, which provides technology to automate the purchase and sale of digital advertising inventory for buyers and sellers, is seen having an edge even if Google intends to appeal the ruling. "The uncertainty and potential for a break-up, or even just more transparency with a stricter application ion of the rules, could give Magnite, in particular, a competitive edge on an even playing field," Kurnos writes in a research note. Magnite rallies 15% to $11.36. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

April 17, 2025 14:05 ET (18:05 GMT)

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Benchmark's Daniel Kurnos says the reaction in Magnite's stock is \"justified.\" Magnite, which provides technology to automate the purchase and sale of digital advertising inventory for buyers and sellers, is seen having an edge even if Google intends to appeal the ruling. \"The uncertainty and potential for a break-up, or even just more transparency with a stricter application ion of the rules, could give Magnite, in particular, a competitive edge on an even playing field,\" Kurnos writes in a research note. Magnite rallies 15% to $11.36. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 17, 2025 14:05 ET (18:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Magnite Rally After Google Ruling 'Justified,' Benchmark Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMagnite Rally After Google Ruling 'Justified,' Benchmark Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-18 02:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1405 ET - Online advertising company Magnite jumps after a federal judge rules that Alphabet's Google created an illegal monopoly allowing it to control parts of the online advertising industry. Benchmark's Daniel Kurnos says the reaction in Magnite's stock is \"justified.\" Magnite, which provides technology to automate the purchase and sale of digital advertising inventory for buyers and sellers, is seen having an edge even if Google intends to appeal the ruling. \"The uncertainty and potential for a break-up, or even just more transparency with a stricter application ion of the rules, could give Magnite, in particular, a competitive edge on an even playing field,\" Kurnos writes in a research note. Magnite rallies 15% to $11.36. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 17, 2025 14:05 ET (18:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2528724956","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2528724956","pubTimestamp":1744913100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1405 ET - Online advertising company Magnite jumps after a federal judge rules that Alphabet's Google created an illegal monopoly allowing it to control parts of the online advertising industry. 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Benchmark's Daniel Kurnos says the reaction in Magnite's stock is \"justified.\" Magnite, which provides technology to automate the purchase and sale of digital advertising inventory for buyers and sellers, is seen having an edge even if Google intends to appeal the ruling. \"The uncertainty and potential for a break-up, or even just more transparency with a stricter application ion of the rules, could give Magnite, in particular, a competitive edge on an even playing field,\" Kurnos writes in a research note. Magnite rallies 15% to $11.36. (denny.jacob@wsj.com; @pennedbyden) \n\n\n  (END) Dow Jones Newswires\n\n\n  April 17, 2025 14:05 ET (18:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}