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# November Update
- URL: https://www.mbi-deepdives.com/november-update-2/
- Published: 2023-11-02T13:51:18.000Z
- Updated: 2023-11-02T13:51:18.000Z
- Author: MBI Deep Dives

Some quick updates for this month:

1. I will publish a Deep Dive on FleetCor (Ticker: FLT) by November 22nd. In December, my final Deep Dive in 2023 will be on Floor & Decor (Ticker: FND).
2. Now that all the key digital advertisers reported their earnings this quarter, here are some key takeaways from 3Q'23 digital ads market:  
    
a) Alphabet's share in digital ads was lowest since 4Q'20  
    
b) Meta's share troughed in 3Q'22; it kept gaining share since then and exceeded 30% market share in digital ads again.  
    
c) While Alphabet and Meta's duopoly continues, Amazon keeps taking share.

![Image](https://substackcdn.com/image/fetch/w_2400,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F76159142-55f0-4f67-9975-c68cc2c82210_1586x563.png "Image")

1. I have also just updated the below chart following Shopify’s earnings today. I usually track this data and mention it on Amazon’s earnings update. But since Shopify reported later than Amazon this time, I am just posting it now:

![](https://storage.ghost.io/c/57/41/5741a57f-8779-47c3-a5a5-48acb195f4db/content/images/2023/11/image-4.png)

1. If you are a new reader/subscriber, I would like to highlight that you can access all the past 40 Deep Dives [**here**](https://www.mbi-deepdives.com/models/).
2. Finally, a personal update. I am moving from Ithaca, New York to Sacramento, California by the end of this month as my wife is planning to start a new job. My wife and I plan on driving for about a week to move our lives one coast to another. While I tend to be weather agnostic person, my wife does crave the sunshine. I wouldn’t be surprised if she gets sick of sunshine by this time next year! I am happy to meet any reader if you live around the area.  
    
Thank you so much for your support.

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