Zillow Group, Inc. - Class A Common Stock (ZG) Stock Analysis — Latest Investor Quotes & Trade Calls

Page Group Q3 Results Indicate Market Stabilization

"Page Group had their their third quarter results today and it follows two of their peers. So, we had Hayes last week and Robert Walters yesterday and and essentially it's together they're pointing to this trend um of the market starting to improve. It's been really battered over the past year longer and their their results collectively are are showing kind of slight upbeat market. So, Page Group this morning had a milder drop in gross profits in the third quarter when you compare it to the first half. They said that um Europe the European market is still tough. They they noted what they call subdued confidence and sentiment, but the US and Asia are uh stable. They're saying clients are still risk averse. You know, budgets are tightening, but they're on track to hit their four-year goals. Um they're doing also doing a lot of cost cutting work. So shares are higher about 6%."

The commentary on Page Group indicates a modest turnaround in the recruitment sector with Q3 results showing less severe profit declines and ongoing cost-cutting initiatives, amid mixed global market sentiment.

Zillow Shares Decline Amid FTC Scrutiny Over Partnership

"Zillow fell by 4.3% as the FTC launched legal action over its partnership with Rocket Companies, a deal that had previously involved a $100 million upfront payment to facilitate advertising agreements."

Zillow is experiencing a decline, down 4.3%, following regulatory scrutiny regarding its strategic partnership with Rocket Companies. The FTC is concerned that the deal could shrink competition in the apartment listings market, adding a regulatory risk factor to Zillow's outlook.