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Madison and Wall: Q3 ad growth decelerates, AI spending still a risk factor

Madison and Wall reports that Q3 2026 earnings from Google, Amazon, Microsoft, Pinterest and Reddit show decelerating ad revenue growth, even as AI capex climbs and unsettles investors.

Why it matters. Advertisers and media owners planning 2027 budgets must weigh an AI-spending slowdown that would ripple through corporate and consumer confidence.

Signal from Madison and Wall · read the original.

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