Both of these things can be true:

- Google, the company, is doing pretty well in the stock market.

- Google, the advertising company, isn't generating good ROI for its advertising customers.

From Google's point of view, they've been very gunshy about having ads be their only revenue stream for years; I wouldn't be surprised that the consequence is the value there is drying up.

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1970-01-01 11 hours ago | parent [-]

Let's answer the question. Hard trending data on ads says everything is normal.

https://www.statista.com/statistics/266249/advertising-reven...

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InsideOutSanta 11 hours ago | parent [-]

Advertising revenue being up is also consistent with the linked article, since the writer had to increase ad spend to get any results before giving up entirely.

	▲	emodendroket 8 hours ago \| parent [-]
		It's also not broken out -- for instance, if people move to advertising on YouTube instead of AdWords that's still revenue for Google.