|Bid||0.00 x 1100|
|Ask||0.00 x 3200|
|Day's Range||10.52 - 10.86|
|52 Week Range||10.50 - 21.94|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 8, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.97|
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Here’s a quick wrap up of other headlines making news today.
House GOP leaders are pitching reforms to the Supplemental Nutrition Assistance Program as they try to get a farm bill to the floor, while top House Democrats hit President Donald Trump on his plan to lower the high cost of prescription drugs. (May 16)
The cryptocurrency market finished off a horrible week on Friday, with most major currencies trading essentially flat on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...
Snap Inc. ( SNAP) shares have tumbled by nearly 37% since their high-profile IPO in March 2017 at $17, and they have fallen by over 60% from their all-time high of almost $29.50 in the days immediately following that debut. Kramer typically buys and holds stocks for a duration of three to five years. Click here for Kramer's bio and his portfolio's holdings. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.
The Fools consider Home Depot’s spring quarter, a tempting way to play the marijuana boom, and the absurdity of wildly overpaid and underperforming CEOs.
Venice, California-based Snap Inc. is in the news so often, here at L.A. Biz we call stories about the social-media platform “daily Snaps.”
Snap Inc. has started to roll out a new version of its app that attempts to fix many of the user interface issues that plagued the major redesign the company unveiled late last year. The update will be important for Snap, as its prior redesign not go down well with its core user base, impacting user growth while contributing to several celebrity defections from its platform. During Q1, the first full quarter following the launch of the big redesign, Snap added just about 1 million daily average users (DAUs) in North America, its slowest pace in several quarters, while its Europe and Rest of the world segments together added about 3 million users.
Amazon (AMZN) has stopped buying a popular but expensive type of Google advertisement, according to a Bloomberg report. Amazon had been bidding for the so-called product listing ads that appear at the top of Google search results since 2016, but it suddenly retreated in late April this year.
WhatsApp cofounder Jan Koum is leaving Facebook (FB). Koum teamed up with Brian Acton to build WhatsApp and later sold the mobile messaging app to Facebook for ~$19 billion in 2014. Acton left Facebook last year.
Senate Democrats, joined by three Republicans, pushed through a measure intended to revive Obama-era internet rules that ensured equal treatment for all web traffic, though opposition in the House and the White House seems insurmountable. Republicans on the short end of the 52-47 vote described the effort to reinstate "net neutrality" rules as "political theater" because the GOP-controlled House is not expected to take up the issue and the Senate's margin could not overcome a presidential veto. The most important vote we're going to have in this generation on the internet," said Democratic Sen. Edward Markey of Massachusetts, who sponsored the measure.
WASHINGTON (AP) — Senate Democrats, joined by three Republicans, pushed through a measure Wednesday intended to revive Obama-era internet rules that ensured equal treatment for all web traffic, though opposition in the House and the White House seems insurmountable.
So far, Snap’s (SNAP) reliance on skippable ads has not been lucrative for the company. Snap’s average revenue per user in the first quarter was a meager $1.21.
Snap (SNAP) announced disappointing earnings for the first fiscal quarter earlier this month and said that Snapchat’s redesign was the culprit. While the redesign saw a backlash in February, the company asked users for some patience.
Although the way Alphabet (GOOGL) has been investing recently suggests that it’s preparing for a future beyond advertising, the company isn’t neglecting its core advertising business. Alphabet is investing in fields such as autonomous driving and cloud computing as it seeks to grow its non-advertising revenue. Currently, over 80% of Alphabet’s revenue comes from its advertising sales, which flow through its Google unit.
Cambridge Analytica, the British consulting company at the center of the data-harvesting scandal at Facebook (FB), is closing down. A Reuters/Ipsos poll conducted between April 26 and 30 found that most of Facebook’s users in the United States have remained loyal to the social network even in the face of the recent privacy scandal. According to the poll, ~50% of Facebook users in the United States continued using the social network as usual in the wake of the data privacy scandal involving Cambridge Analytica.