Google Investors Cheer Search Ad Market Reports
Google’s stock snapped out of its recent funk Tuesday after new data showed the Internet search leader is becoming even more dominant in the most lucrative part of the online advertising market. Internet research firms comScore and Nielsen Online both said the volume of search requests at Google has climbed substantially over the past year while rivals Yahoo and Microsoft are losing market share. The statistics, based on October search activity, bode well for Google’s fourth-quarter revenue.
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Google Investors Cheer Search Ad Market Reports
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