Gain detailed insights into the trading activity of Congress members for WPP on our government trades page. Stay updated on how elected officials are investing in WPP.

WPP - Government Trades

Headquartered in the United Kingdom, WPP is the world's largest ad holding company based on annual revenue. Its services, which include traditional and digital advertising, public relations, and consulting, are provided worldwide, with over 70% of its revenue coming from more developed regions such as North America, the UK, and Western Europe.

China stock market tickers

News

Global

Economics

General

BABA

TCEHY

VWAGY

YUMC

According to Fitch analysts, uncertainty surrounding disposable income prospects along with shrinking household wealth has led to Chinese consumers prioritizing &#34;value-for-money&#34; products over non-essential expenditures.

China&#39;s Low Consumer Confidence Creates Panic Among Global Giants: &#39;We Don&#39;t Know How Long It Will Take...&#39;

hacker-3342696_1920

Tech

CYBR

HACK

RACE

Earlier this month, a Ferrari NV (NYSE
) executive received suspicious WhatsApp messages from a deepfake impersonating CEO Benedetto Vigna. The scam, aimed at discussing a confidential acquisition, was identified due to mechanical intonations and a different phone number.

Ferrari Executive Targeted By Deepfake Scam: Report

Earnings

Markets

Analyst Ratings

Trading Ideas

ANET

International Business Machines Corporation (NYSE: IBM) recently collaborated with WPP Plc (NYSE: WPP) to introduce a new business-to-business (B2B) solution within the marketing industry.

IBM Collaborates With WPP to Revolutionize B2B Marketing

Equities

Small Cap

Movers

Media

Why British Advertising Giant WPP Shares Are Rising Today

Mid Cap

Guidance

WPP PLC (NYSE: WPP) disclosed a Q3 trading 

British Communication &amp; Advertising Company WPP Cuts FY23 Outlook Again On Cautious Spending Trends

Biotech

Large Cap

Health Care

Legal

Econ #s

AMZN

FINMF

FINMY

GOOG

GOOGL

IRBT

SIEGY

SMAWF

Benzinga

Weekly Jobless Claims Fall 18K To 228K, Still Higher Than Expected

Weekly Jobless Claims Higher Than Expected, US Big Techs Face Difficulty Downsizing In Europe, Biden Admin Finalizes Rule To Crack Down Deceptive Medicare Advantage Advertising: Today&#39;s Top Stories


	KKR &amp; Co (NYSE: KKR) is reportedly in talks to acquire a significant stake in FGS Global, a WPP PLC (NYSE: WPP) backed financial communications firm, for ~$1.4 billion.


KKR Eyes Stake In Communications Firm FGS Global For $1.4B: Report

Management

British Advertising Giant WPP Reveals CFO Transition

Penny Stocks

Pre-Market Outlook

AAMC

ACMR

ACOR

AERI

AMTD

AMTX

ASTR

ATCO

ATIF

ATNX

BBAI

BBBY

Brighthouse Financial, Inc. - Common Stock

BLUE

BNSO

BYND

CERE

CGTX

CLMT

CLNE

CNEY

CPOP

CVCO

CVNA

DKNG

DOCS

DRRX

EEIQ

EVFM

FEDU

FNKO

FOLD

FOXF

FUBO

GDOT

GHRS

GNLN

GTHX

HCAT

HIHO

HLBZ

HRTG

HSCS

HSDT

HSTO

HYRE

HYZN

ILAG

INTZ

IONM

IXHL

KSPN

LOPE

LTRPA

LYFT

MOBQ

MRKR

MRTX

NEWR

NLOK

NNBR

OPEN

ORIC

PCTY

PEGY

PGNY

PROF

PTON

QNRX

RDBX

Lordstown Motors Corp. - Class A Common Stock

RIDE

SELB

SIEN

SPCE

SRRK

SRTS

STAF

STSA

Why Quoin Pharmaceuticals Plunged Over 62%; Here Are 120 Biggest Movers From Friday

Intraday Update

CELH

MNST

TWLO

 
	Health Catalyst, Inc.  (NASDAQ: HCAT) fell 33.5% to $12.14 after the company issued weak sales forecast and announced a $40 million share repurchase program. JP Morgan and Stifel also downgraded the stock.
	


Warner Bros. Discovery, Twilio, Monster Beverage And Some Other Big Stocks Moving Lower On Friday

WPP PLC

WIIM

WPP shares are trading higher after the company reported Q3 financial results.

WPP Reaffirmed FY24 Outlook: LFL Revenue Less Pass-through Costs Of -1% To 0%, With Q4 Facing A Tougher Comparative Than Q3 And Macro Uncertainty

WPP Q3 Trading Update: Revenue Up 1.4%, Up 4.1% On Like-For-Like (LFL) Basis; LFL Revenue Less Pass-Through Costs Up 0.5%

<a href="https://www.adweek.com/agencies/amazon-media-account-omg-wpp/" title="https://www.adweek.com/agencies/amazon-media-account-omg-wpp/">https://www.adweek.com/agencies/amazon-media-account-omg-wpp/</a>

'Amazon's Multi-Billion Dollar Media Account Goes to OMG and WPP' - AdWeek

Several multinational corporations, including Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>), Mercedes-Benz and L&#8217;Oréal, are voicing concerns over a drop in demand in China, due to a slowing economy and growing domestic competition.
What Happened: Reduced demand in China has been a recurring theme in half-year earnings across the global consumer goods sector. L'Oréal predicted a 2-3% fall in sales growth in China in the first half of the year, while Volkswagen-owned Porsche reported a one-third decrease in Chinese sales in the six months to June, compared to the previous year, Financial Times <a href="https://www.ft.com/content/8e2f415b-46bb-473f-9c26-474322e372f2">reported</a> on Monday.
&#8220;The only part of the world where consumer confidence remains very low is China,&#8221; said L'Oréal CEO Nicolas Hieronimus.
China&#8217;s heavily indebted real estate industry has been slowing down since late 2021, leading to a rapid drop in house prices and a subsequent decrease in consumer confidence and demand for consumer goods. 
See Also: <a href="https://www.benzinga.com/markets/asia/24/08/40287920/yum-china-serves-up-profit-margin-growth-despite-challenging-consumer-landscape?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Yum China Serves Up Profit, Margin Growth Despite Challenging Consumer Landscape</a>
Despite the challenges, some companies remain optimistic about the Chinese market. Yum China (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>), the operator of Pizza Hut and KFC in China, reported better-than-expected first-half results, with net income rising 8% to $212 million.
According to Fitch analysts, uncertainty surrounding disposable income prospects along with shrinking household wealth has led to Chinese consumers prioritizing &#8220;value-for-money&#8221; products over non-essential expenditures.
"We don't know how long it will take [or] what it will take for China's consumers to regain that confidence,&#8221; Mercedes-Benz CEO Ola Källenius said.
Why It Matters: The concerns raised by these global giants echo the sentiments of renowned economist Paul Krugman, who earlier this year expressed concerns about <a href="https://www.benzinga.com/news/24/06/39133647/paul-krugman-slams-beijings-economic-model-world-will-not-accept-everything-china-wants-to-export">China's economic approach</a>, stating that the country's leaders are "bizarrely unwilling" to shift focus from production to consumer demand.
Furthermore, Chinese tech giants like Alibaba Group Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Tencent Holdings Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>), and JD.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) are expected to shed light on China's economic and consumer sentiment as <a href="https://www.benzinga.com/news/24/08/40285028/alibaba-leads-chinese-tech-giants-in-boosting-shareholder-returns-but-economic-challenges-loom-repor">they report earnings</a> amid this challenging landscape. While these companies remain focused on enhancing shareholder returns, the overall economic challenges loom large.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/08/40287556/general-motors-remains-committed-to-china-despite-losses-restructuring-needs-cfo-highlights-cash?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">General Motors Remains Committed To China Despite Losses, Restructuring Needs: CFO Highlights Cash Stability Goals</a></li>
</ul>
Photo via Shutterstock.
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

China's Low Consumer Confidence Creates Panic Among Global Giants: 'We Don't Know How Long It Will Take...'

He will join the Board on 16 September 2024 and will succeed Roberto Quarta as Non-Executive Chair of WPP from 1 January 2025.

WPP Appoints Philip Jansen To Its Board As Non-Executive Director And Chair-Designate

In a striking incident earlier this month, an executive at Ferrari NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RACE#NYSE">RACE</a>) found himself receiving unusual messages that appeared to be from the company's CEO, Benedetto Vigna.
The messages, arriving through WhatsApp, which is owned by Meta Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), suggested a major acquisition was in the works and required the executive's assistance.
The messages purportedly from Vigna had a different phone number and profile picture than usual. Despite the convincing image of the bespectacled CEO in front of Ferrari's prancing-horse logo, the executive grew suspicious.
One message urged, "Be ready to sign the Non-Disclosure Agreement our lawyer is set to send you asap," and mentioned that "Italy's market regulator and Milan stock-exchange have been already informed. Stay ready and please utmost discretion," reported Bloomberg.
This was a sophisticated attempt to use deepfake technology to infiltrate Ferrari.
The executive realized something was amiss when he noticed subtle mechanical intonations in the voice and a different phone number.
Suspicions were confirmed when the imposter could not answer a verification question about a book recently recommended by Vigna, leading to the abrupt end of the call.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/06/39395622/ferraris-first-electric-car-to-cost-over-500-000-higher-than-tesla-roadster-porsche-taycan-report" rel="noreferrer noopener">Ferrari's First Electric Car To Cost Over $500,000, Higher Than Tesla Roadster, Porsche Taycan: Report</a>
This incident is part of a growing trend where deepfake scams target high-profile executives. Similar tactics were used against WPP PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPP#NYSE">WPP</a>) CEO Mark Read in May, though that attempt also failed, according to Bloomberg.
"This year we're seeing an increase in criminals attempting to voice clone using AI," said Rachel Tobac, CEO of cybersecurity training company SocialProof Security.
While deepfake technology has not yet caused widespread deception, significant losses have occurred. A multinational company in Hong Kong was scammed out of HK$200 million ($26 million) earlier this year through deepfake technology.
CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>), an information security company, is already training its executives to identify such scams.
"It's just a matter of time before these AI-based deepfake tools become incredibly accurate," warned Stefano Zanero, a cybersecurity professor at Italy's Politecnico di Milano.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: B_A from Pixabay

<a href="https://www.ft.com/content/2c3c6055-f898-4593-b6c6-80174f7876b5">https://www.ft.com/content/2c3c6055-f898-4593-b6c6-80174f7876b5</a>
&nbsp;

'KKR Makes Bid To Take Control Of FGS Global From WPP' - Financial Times

International Business Machines Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ibm#NYSE">IBM</a>) recently collaborated with WPP Plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wpp#NYSE">WPP</a>) to introduce a new business-to-business (B2B) solution within the marketing industry. The collaboration aims to enhance productivity and help clients unlock their business value by better understanding the various buying decisions. 
Leveraging IBM&#39;s cutting-edge AI technologies, including Watsonx, and the newly-launched WPP Open for B2B platform, WPP aims to expedite digital transformation for business enterprises globally. 
This new platform is designed to meet enterprise-scale requirements, offering strong security, governance and seamless integration with clients&#39; current systems. It can empower marketers to effectively address B2B marketing challenges. The new platform effectively identifies crucial purchasing decisions of multiple stakeholders in diverse buying groups who collectively can influence the market both internally and externally within organizations. 
Moreover, by harnessing advanced data analytics and machine learning capabilities, this WPP AI model can fetch data from the client and third parties through IBM Watsonx to optimize engagement for buying groups. This can provide B2B marketers with guidance on channel selection and content to ensure that buying groups receive a unified, consistent and pertinent message. 
Additionally, it also enables them to monitor the effectiveness of marketing activities within buying groups and make real-time adjustments to messaging or influencer targeting as needed. 
WPP and IBM will also collaborate with LinkedIn to help clients deliver more effective advertising campaigns. This collaboration is likely to improve the profitability of IBM and strengthen its leadership in delivering innovative solutions across the hybrid cloud, AI, and consulting services. 
Shares of IBM have gained 27.6% over the past year compared with the industry&#39;s growth of 21.4%
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/56/69217.jpg?v=789080147" /> 
Image Source: Zacks Investment Research
<h3>Zacks Rank and Key Picks</h3>
IBM currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the industry have been discussed below. 
Arista Networks, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>), sporting a Zacks Rank of 1 (Strong Buy) at present, supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers.
Arista delivered a trailing four-quarter average earnings surprise of 15.39%. It has a long-term growth expectation of 15.68%. 
Motorola Solutions Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msi#NYSE">MSI</a>) provides services and solutions to government segments and public safety programs, along with large enterprises and wireless infrastructure services. Currently, Motorola holds a Zacks Rank #2 (Buy). 
It delivered a trailing four-quarter average earnings surprise of 7.54% and has a long-term growth expectation of 9.47%. In the last reported quarter, Motorola delivered an earnings surprise of 11.51%.
<a href="https://www.zacks.com/stock/news/2291033/ibm-collaborates-with-wpp-to-revolutionize-b2b-marketing?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2291033">To read this article on Zacks.com click here.</a>

KERV And CMI Media Group Announce Video Attention Partnership; Pharmaceutical Clients To Access KERV's AI-Powered Video Analysis And Advertising Technology

The company is simultaneously working with Georgia Power, piloting a similar program for a limited number of EV owners in Georgia. 
&nbsp;

WPP Reports Q1 Revenue Of £3.4B, Down 1.4% YoY And Up 2.1% Like-For-Like, Revenue Less Pass-through Costs Were £2.7B, Down 5.0% YoY And Down 1.6% Like-For-Like


Daniel GoldmanHouse (D-NY)	$50K - $100K	stock	Sale	Aug 13, 2023	Jul 10, 2023	House
Daniel GoldmanHouse (D-NY)	$1K - $15K	stock	Purchase	Apr 17, 2023	Mar 31, 2023	House

Government Trades

WPP PLC

top performing WPP trades

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga