|Bid||11.85 x 900|
|Ask||0.00 x 900|
|Day's Range||11.63 - 12.17|
|52 Week Range||10.50 - 21.22|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.87|
Facebook (NASDAQ:FB) finds itself still recovering from its second-quarter earnings report. A disappointment on the revenue front sparked the largest single-day market cap loss in stock market history. Facebook stock has seen little movement since.
If Twitter’s (TWTR) latest quarterly results contained any lesson, it was that the company is prioritizing cleaning up its platform over driving user growth. As if losing a million monthly users in the second quarter wasn’t enough, Twitter went on to say that its number of monthly users could fall further in the third quarter due to a confluence of factors, including its crackdown on fake accounts and the stricter privacy rules that took effect in Europe in May. Facebook (FB) blamed Europe’s new privacy law for its slow user growth in the second quarter. Twitter has been shutting down automated accounts set up with malicious intentions, such as spreading hate speech and false news.
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.”
What might have been a sleepy, late-summer week was everything but: from a volatile Turkish lira to the ups and downs of Tesla’s share price, there was rarely a quiet moment. Here is my pick of this week’s ...
Generally, Pandora views mixing partnerships with direct marketing efforts as a way to lower its customer acquisition costs. Pandora’s marketing expenses dropped to $125.4 million in the second quarter from $145.9 million a year ago. The company has recently struck multiple partnership deals, including with AT&T (T), Snap (SNAP), and T-Mobile (TMUS). The partnership with T-Mobile involves providing special Pandora service offers to the customers of the mobile operator.
Twitter (TWTR) shares fell the most in four years after the company reported that its number of monthly active users (or MAUs) had fallen in the second quarter. Twitter has recently stepped up its efforts to clean up its platform, particularly by shutting down bogus accounts. While investors have typically focused on Twitter’s monthly audience, the company believes that its daily audience is a better measure of its success.
Amazon’s (AMZN) threat to Alphabet’s (GOOGL) Google and Facebook (FB) in the advertising industry appears to be growing, according to these companies’ recent quarterly results. While Amazon has long been known to seek digital advertising dollars, the company kept its advertising ambitions and activities in the advertising industry to itself. More recently, Amazon has been discussing its advertising business publicly.
Early indications are positive for mobile AR, with Pokémon GO (tens of millions), Snapchat (hundreds of millions) and WeChat (billions) showing what is possible. Google’s Maps/Lens combo demoed at Google I/O also has potential.
In terms of geography, Twitter (TWTR) breaks its results down into two units: US and International. On the basis of audience, the International unit is Twitter’s largest, as ~80% of its users are outside the United States. On the basis of revenue, the United States is Twitter’s largest unit, supplying over 50% of its revenue.
Twitter (TWTR) has been stepping up its efforts to stimulate growth in its international business. The company recently rolled out its Twitter Lite app to nearly two dozen more countries. Twitter Lite is a lightweight version of the main Twitter app.
In this market, particularly in tech, arguing that a growth stock is “too expensive” is a good way to look foolish. Square stock now has more than doubled in 2018 and nearly has tripled over the past year.
Despite the tiny drop in its daily active users last quarter, Snap (NYSE:SNAP) and Snap stock have many strong, positive catalysts. The number of daily active users of Snap’s website, Snapchat, inched down 2% in the second quarter, compared with the first quarter. Snap blamed the quarter-over-quarter decline on an ongoing redesign of its website, meant to improve the experience of those who visit the site on Android devices.
This bull market is getting awfully long in the tooth. Stocks haven't recorded a 20% drop since March 9, 2009 - the beginning of the recovery from the Great Recession. At 3,444 days at last count, this bull market is on pace to set the all-time record on Aug. 22, surpassing the 3,452-day rally between Oct. 11, 1990. Nothing lasts forever, of course, and that will be true of the current bull market at some point. "Since we are back close to the highs for the S&P 500, risks of a pullback have certainly risen," Wall Street veteran Bill Stone told CNBC on Aug. 9. But even with a bear market nowhere in sight, some individual stocks may be in trouble. TipRanks' Stock Screener reveals stocks with a bearish analyst consensus rating - so while we often use the screener to identify stocks to buy, it's also useful in targeting stocks to avoid or even sell. Today, we'll look at seven stocks that have consensus hold or sell ratings from Wall Street right now, indicating that they could be trouble in the months ahead. We'll also share analysts' price targets on these stocks to avoid, and the pros' reasons as to why. SEE ALSO: 10 of the Market's Most Shorted Stocks
Twitter Inc.’s ( TWTR) stock may get a lot of attention because of presidential tweets, but beyond being a preferred venue for Donald Trump, it’s become an “irreplaceable” part of the global dialogue and should reward investors going forward. “This past week, Elon Musk announced the potential for the largest LBO ever on Twitter, and while people were debating the quality of the financing, no one was debating the medium of the news—Twitter,” wrote Citron in a research report.
It’s far too soon in Snapchat’s lifespan for its user base to shrink. Users revolted, and Snap (eventually) responded by dialing back some of the changes. What if, however, the headwind Snapchat ran into isn’t really about the ill-advised redesign?
AT&T (T) is looking forward to expanding in the media industry and unlocking new opportunities after its acquisition of Time Warner. AT&T is planning to focus on advertising and digital content distribution following the acquisition. According to Forbes, AT&T is planning to reduce prices for customers through advertising, by shifting some content creation costs from customers to advertisers.
While nearly every tech giant has publicly proclaimed augmented reality the next frontier to conquer, product movement has been relatively slow as the companies' aim to nail very base issues in consumer-friendly ways has proven difficult. Ubiquity6 is one of a handful of startups aiming to tackle the backlog of backend features currently missing from most AR experiences available today. The fast-growing company is looking to build tools that will essentially enable users to create a cloud-based AR copy of the physical world and enable persistent, dynamic multiplayer AR experiences as a result.
MARKET PULSE Shares of Twitter Inc. (twtr) are up 3.4% in Monday trading after Citron Research turned bullish on the stock, setting a $52 price target. "Twitter is more relevant now than it has ever been and in media, dollars follow relevancy," Citron analysts wrote.
NEW YORK, NY / ACCESSWIRE / August 13, 2018 / Facebook may be heading towards its own blockchain work after executive David Marcus resigned from Coinbase Inc.'s board. Snap was still recovering on Friday from disappointing Wall Street with its daily active user decline in the second quarter.
The big social media companies have become highly valuable by effectively selling access to their fast-growing user bases. Facebook reported its first slip ever in the combined number of daily active users in the U.S. and Europe—markets that drive a majority of the company’s advertising business. Twitter has seen drops before, but this time investors were expecting the company to add 2.5 million to its monthly active user base for the June quarter.