Total media time is decreasing in all three countries. The decline is slightly less pronounced in France and Germany, where relatively strong traditional media usage and steady growth in digital time help balance the drop.
The news: Tesla stock rebounded about 5% Friday after a 14.3% crash during a public social media feud between President Donald Trump and Tesla CEO Elon Musk over the 鈥淏ig Beautiful Bill.鈥� The EV giant lost $152.4 billion in market value Thursday鈥攊ts biggest one-day decline ever, per The Wall Street Journal.
Our take: The Musk-Trump quarrel could drag on or it could end as abruptly as it started. Its effects on Tesla鈥檚 stock are a reminder that Musk is the company鈥檚 de facto spokesperson and that his persona is inseparable from Tesla鈥檚 brand. The Big Beautiful Bill, paired with cautious US consumer spending and economic uncertainty, could slow Tesla鈥檚 EV adoption just when the company can least afford it.
Amazon faces renewed antitrust scrutiny in Europe: The retailer is under fire from German regulators concerned that its price controls limit competition.
The outlook for retail media ad spending remains bright throughout most of the world, even as ad budgets are increasingly constrained in the face of economic storm clouds.
Retail media ad spending in France, Germany, and the UK continues to rise, outpacing all other ad formats. The space is developing rapidly despite fragmentation and a lack of standards.