45 Consumer Internet Stocks Beat Q1 Revenue by 1.2% as Shares Drop 5.7%

5 articles · Updated · stockstory.org · May 26

Forty-five consumer internet companies closed Q1 earnings with revenue coming in 1.2% above analysts’ estimates, while next-quarter revenue guidance was broadly in line.
Share prices still fell 5.7% on average after results, showing that solid earnings were not enough to offset a tougher market backdrop.
Sea led the group, with revenue up 43.2% to $7.33 billion and nearly 10% above expectations; Shutterstock lagged, with revenue down 17.9% to $199.2 million and 10.2% below forecasts.
Booking posted $5.53 billion in revenue, up 16.2% and roughly in line with estimates, yet its stock dropped 7.2%; MercadoLibre and Carvana also beat on revenue but fell 11% and 14%, respectively.
The sector’s weak share reaction comes as investor focus has shifted from AI-related disruption fears to geopolitical risk, especially the U.S. conflict with Iran.

With strong profits failing to lift stocks, is fundamentals-driven tech investing now obsolete?

As war overshadows AI, which force will ultimately define the market's next set of winners?

Amidst geopolitical turmoil, how are consumers funding a spending spree on discretionary items?