Digital advertising leaders Meta, Alphabet, and Snap reported better-than-expected Q1 revenue growth in 2023.

Digital advertising leaders Meta, Alphabet, and Snap have reported better-than-expected Q1 results, showing a significant rise in advertising growth after a challenging 2022. Meta's Q1 revenue increased by 27%, Alphabet's ad revenue grew 13%, and Snap's revenue surged 21%. These positive results indicate a strengthening digital advertising environment, with improvements seen in Google Search and YouTube.