What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.

After Snap's below-consensus earnings report, Google sold off more than 5% (-$76 billion market cap). The market is implying a negative cross-read for the world's largest digital advertiser, indicating that recessionary risks weigh on ad budgets.
moderately negative