Daily MIC: OpenAI Considers Token Price Cuts, Launches New Ad Types; Meta’s Subscription Push; NBA Finals Game 3 Highest Audience Since 1998; NMPA Signs Deals with Udio, KLAY

研报英文原文证据摘录

Daily MIC: OpenAI Considers Token Price Cuts, Launches New Ad Types; Meta’s Subscription Push; NBA Finals Game 3 Highest Audience Since 1998; NMPA Signs Deals with Udio, KLAY

Media, Internet & Communications Daily June 11, 2026

TMT Research Guggenheim

GSTMTResearch@guggenheimpartners.com Daily MIC: OpenAI Considers Token Price Cuts,

Michael Morris, CFA Launches New Ad Types; Meta’s Subscription Push; michael.morris@guggenheimpartners.com

804 253 8025 NBA Finals Game 3 Highest Audience Since 1998;

Curry Baker NMPA Signs Deals with Udio, KLAY curry.baker@guggenheimpartners.com

804 253 8029

Charles Wilber RELEVANT, TIMELY OPINION, ANALYSIS AND NEWS FLOW FOR TMT

charles.wilber@guggenheimpartners.com INVESTING

804 335 3977

Taylor Manley Latest Research:

taylor.manley@guggenheimpartners.com

804 253 1336 GENI: Baker updates model and reaffirms confidence in 2Q outlook to o come in line

with to slightly above management's stated guidance with primary overhangs (Prediction

Grayson Glenn markets, Legend acquisition) abating in 2H26 grayson.glenn@guggenheimpartners.com

804 253 8053 Key News Flow: MSFT, GOOG/L, META, DIS, UMG.AS, WMG, SPOT, AMZN,

DEEZR.PA, TikTok, SNAP, RDDT, PINS, PUB.PA, RAMP, WMT

Ticker Price Rating LATEST RESEARCH - SNAPSHOT

GENI 6.76 Buy

GENI: Baker - Updating Model; 2Q/2026 Guide Appear Intact; Legend Integration On

Track; Expect Overhangs to Abate as the Year Progresses (link) - We have updated our

model to reflect continued confidence in management's full-year outlook. Our forecasts are

at the high end of the guidance range ($1.01bn of revenue and $279mm of EBITDA) and

modestly above consensus ($1.00bn, $274mm, respectively). We expect second quarter

results to come in line with to slightly above management's stated guidance (forecast

$186mm of revenue vs.