183.93 +0.15 (0.08%)
After hours: 4:30PM EDT
|Bid||183.75 x 800|
|Ask||183.67 x 1100|
|Day's Range||181.48 - 184.22|
|52 Week Range||123.02 - 218.62|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||24.28|
|Earnings Date||Apr 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||197.14|
Yahoo Finance's Julie Hyman, Adam Shapiro, Emily McCormick, Sibile Marcellus and Dan Roberts discuss Twitter's robust earnings.
Facebook is scheduled to report its Q1 2019 earnings on Wednesday, and the amount it's spending to improve network security could be a point of contention.
Facebook stock rose Tuesday to a 27-month high, just ahead of its first-quarter earnings report coming after the market close Wednesday. The consensus on revenue is $14.97 billion, up 25%.
Twitter earnings rose 132% to 37 cents a share, defying views for a dip to 15 cents. Twitter stock jumped to its highest level since June, as monthly active users of 330 million beat views.
Stocks in 2019 have thus far befuddled Michael Wilson, with the S&P 500 and Nasdaq Composite breaking out above their closing records in Tuesday trade.
StockTwits, the popular social media platform for market savvy traders and investors, is set to launch a free trading app in 2019.
Four of the Latest Takeaways from Microsoft in April(Continued from Prior Part)Zoom turned Microsoft down According to data from Crunchbase, Microsoft (MSFT) has bought about a dozen companies since the beginning of 2018, and it recently announced
NAIROBI/SAN FRANCISCO (Reuters) - Facebook Inc's struggles with hate speech and other types of problematic content are being hampered by the company's inability to keep up with a flood of new languages as mobile phones bring social media to every corner of the globe. Reuters has found another 31 widely spoken languages on Facebook that do not have official support. Detailed rules known as "community standards," which bar users from posting offensive material including hate speech and celebrations of violence, were translated in only 41 languages out of the 111 supported as of early March, Reuters found.
Twitter beat EPS estimates by 40% reporting an adjusted EPS of $0.21 for the quarter compared to the $0.15 estimate. This quarter Twitter reported 133 million monetizable DAUs demonstrating 11% growth from the same quarter last year and 22% growth from Q1 2017.
Corporate profits in 1Q 2019 were widely expected to be down, but revenue reports are turning out to be a bigger source of disappointment.
The big question is whether the company's robust stock and revenue growth can continue if the economy slows and as regulatory oversight stiffens.
Social media giant Facebook (FB) endured a year of Congressional hearings, increased regulation of its platform and rampant scandals, yet the company is still a money-money making machine. This Wednesday, the company will release its first-quarter earnings, as it hopes to show investors that it continues to grow at a torrid pace. Ahead of the report, Baird's top analyst Colin Sebastian believes Facebook stock will move higher over the long term, as he reiterates an Outperform rating and $195 price target. According to TipRanks, which measures analysts’ and bloggers’ success rate based on how their calls perform, Sebastian has a yearly average return of 24.7% and a 72% success rate. Notably, Sebastian is ranked 26 out of 5,193 analysts.Facebook's surging stock price (up 40% year-to-date) comes as the company's revenue and earnings per share are soaring, driven by strong advertiser demand and continued growth. Sebastian believes advertiser demand remains healthy, and expects in line to better-than-expected Q1 results. > Facebook (FB) Stock Remains a ‘Buy’ Ahead of Earnings, Says Monness Sebastian sees “a continued decline in CPMs (we estimate -7% Y/Y vs. -2% in 4Q18) as a result of the mix shift in ad formats and geographies,” but believes "this should be partially offset by accelerating impression growth (estimating +25% Y/Y vs. +22% in 4Q18)." Overall, the analysts estimates revenue at $15.2 billion and EPS at $1.51, both above consensus.Sebastian says, "Our checks continue to suggest positive trends for the Facebook ecosystem (Instagram particularly strong), despite headline concerns over platform privacy and safety. Management continues to highlight the growing contribution from new channels/formats (e.g., Stories) while Messenger remains an area of increased focus, potentially a highlight at the upcoming F8 conference next week.” The analyst added, “Instagram, video, and mobile ad inventory continue to show outsized growth, while dynamic product ads, carousel ads, and video ads now account for the majority of total social spending.” The analyst estimates “that Instagram accounted for $12-$14B of revenue in 2018, and will exceed $20B in 2019,” but is “hoping for greater disclosure” on the platform.While Facebook is a favorite among critics, it is also a favorite in the stock market. TipRanks analysis of 41 analysts shows a consensus Strong Buy. 34 of those analysts rate Facebook stock a Buy, while six issue Hold and only suggests Sell. The average price target among these analysts stand at $195.03, which implies a 7% upside from current levels. (See FB's price targets and analyst ratings on TipRanks) Read more on FB: * Facebook: The Instagram Story Looks Compelling * Advertisers Shy Away from Facebook (FB), But the Stock Isn’t a Sell Just Yet * Top Analyst Shares Two Cents on Facebook Following Zuckerberg’s Pro-Regulation Op-Ed More recent articles from Smarter Analyst: * Cowen Counts the Points in Aurora Cannabis (ACB) Stock Favor * With Two Days to Go Before Amazon (AMZN) Earnings, this Top Analyst Weighs in on the Stock * Tesla (TSLA) Stock Logs Another Sell Rating; Here's Why * Canntrust (CTST) Transforms from a Small Cannabis Stock Pony into a Unicorn
Apple CEO Tim Cook said that the tech industry very much needs to be regulated but he's "not confident" in U.S. lawmakers to do it right.
What if Netflix’s primary long-term business model is not as a media content or distribution company, but as a data aggregation company?
Twitter is not out of the woods, but it’s clear the company has stabilized financially after a long stretch of wobbles. To be clear, Twitter still has a load of problems. Twitter will never be in the internet big leagues occupied by Facebook Inc. and Google, and everything could still fall apart.
Facebook has gained nearly 21% over the past three months. The strength is expected to continue given that Facebook has a reasonable chance of beating earnings estimates this quarter.
Facebook, Inc. (NASDAQ: FB ) has poached Jennifer Newstead, legal adviser to the State Department, as its new general counsel, The Wall Street Journal reported. What Happened Newstead was appointed by ...
Apple recently signed a new contract with Amazon, committing to spend at least $1.5 billion on cloud computing over the next five years, according to the report.
Steve Kovach, CNBC's tech editor, and CNBC's Julia Boorstin, join "The Exchange" to discuss Twitter's strong quarterly earnings and what it could mean for other tech stocks announcing earnings this week.