|Bid||34.48 x 4000|
|Ask||34.39 x 1100|
|Day's Range||34.32 - 34.86|
|52 Week Range||26.19 - 47.79|
|Beta (3Y Monthly)||-0.17|
|PE Ratio (TTM)||22.05|
|Earnings Date||Apr 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.56|
The listing is second in the U.S. this year only to Lyft Inc.’s $2.34 billion offering in March. Pinterest’s strong showing, along with an even stronger first-day performance by Zoom Video Communications Inc. on Thursday, signals continuing investor thirst for new stocks amid a surge of unicorns -- startups valued at $1 billion or more -- coming to market. Other high-profile companies considering going public include Slack Technologies Inc., Postmates Inc., Palantir Technologies Inc. and Airbnb Inc.
Much has been made of the buzzy public debut of Zoom Video Communications Inc., the enterprise videoconference software company with a $1 billion valuation, that is set to list on Nasdaq, but the shares of another unrelated company has been more aptly zooming in the past 30 days.
Here's how technology companies and products were cited in the Mueller report.
Facebook's (FB) first-quarter 2019 results are likely to gain on continued subscriber growth, driven by rapid adoption of Instagram and WhatsApp Stories.
Guggenheim analyst Michael Morris rates Twitter at Buy while Wedbush analyst Michael Pachter rates the company at Neutral. Both, however, expect it to meet or beat first-quarter estimates.
The social media company has jumped more than 100% this year. Wedbush analyst Michael Pachter downgraded Snap to Neutral from Outperform while maintaining a $12.25 price target.
The US attorney-general will give an “overview” of the report and discuss process questions at a 9.30am news conference that will include Rod Rosenstein, the deputy attorney-general who appointed Mr Mueller in 2017. A redacted version of Mr Mueller’s nearly 400-page report will later be delivered to Congress on compact-discs between 11am and midday, according to a justice department official. The historic account of Russia’s role in the 2016 election and alleged attempts by Donald Trump to obstruct justice will subsequently be posted on the justice department’s website, the official added.
FT subscribers can click here to receive FirstFT every day by email. The US justice department will today release a redacted version of special counsel Robert Mueller’s report on Russian interference ...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. To keep the lesson grounded in...
How can it be April already? If you are anything like me, you have asked yourself this question a lot this month. All those fiddly bits of “life admin” that you vowed to tackle at the start of the year ...
North Korea no longer wants to deal with US secretary of state Mike Pompeo as a nuclear negotiator, the country’s state media has said, less than 24 hours after announcing that North Korean dictator Kim Jong Un had overseen the test of a new tactical weapon. The official KCNA news agency said on Thursday that Pyongyang wanted to work with someone “more careful and mature in communicating” than Mr Pompeo.
The dramatic death of the longtime leftist underscores the scope of the Odebrecht affair, which has spawned bribery probes across Latin America and destabilized governments, above all in Peru. “President Garcia made the decision of a free man,’’ Mauricio Mulder, a lawmaker with Garcia’s Apra party, told reporters outside Casimiro Ulloa hospital. President Martin Vizcarra, whom Garcia had blamed for the investigations, confirmed his death in a tweet.
Anyone looking to add to their list of low-carb keto snacks have a new option available to them.Source: Shutterstock Anyone willing to stomach them will soon be able to buy Vlasic Pickle Chips. No, these aren't chips that taste like pickles. That's something we've seen in the past. Instead, these are actually pickles that have been turned into chips. As in, actual crispy, crunchy chips.So what exactly makes the Vlasic Pickel Chips a great addition to the list of low-carb keto snacks? It's the fact that pickles themselves are already an incredibly low in calories and carbs. Turning them into chips only makes it easier for consumers to take them on the go as a snack, reports Food Business News.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere's how some Twitter (NYSE:TWTR) users are reacting to the news about the Vlasic Pickle Chips. * "Must. Find. Not potato chips. Actual pickle chips!" * "They sound really good. Like a slightly altered fried pickle chips, which are amazing." * "Every prego's dream lol." * "Nope! I'm not that desperate to eliminate carbs from my diet." * "Laden with toxins, food coloring & flavors unfortunately so not really that good for you." * 7 Stocks to Buy for Spring Season Growth Anyone looking to add Vlasic Pickle Chips to their pantry of low-carb keto snacks will have to keeping waiting. The company says that it is looking to release the pickle chips, but it doesn't say when exactly they will be hitting store shelves. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Low-Carb Keto Snacks: Highly-Anticipated Vlasic Pickle Chips Make Headlines appeared first on InvestorPlace.
Big Media Scrambling to Contain Cord-Cutting Effects(Continued from Prior Part)Sling gets new advertising boss Dish Network (DISH) has hired Dave Antonelli as head of advertising and sales at its Sling TV unit. The company stated that “Dave will
After a rough road since its IPO, Snap (NYSE:SNAP) has rallied sharply in 2019. Among stocks with a $10 billion market capitalization or higher, no stock has outperformed the 115% gain in Snap stock (sometimes referred to as Snapchat stock). In fact, no stock really has come close: StoneCo (NASDAQ:STNE) is in second place with a 95% rise.Source: Shutterstock The gains make some sense. SNAP was trading just off all-time lows heading into the year. Q4 earnings in February were strong - even though I didn't think they were quite as strong as the market seemed to.More broadly, there's a simple reason investors are flocking back to Snap stock: there's a hope that the company is getting better, and can continue to do so. That hope is logical. The question is whether, at this point, it's priced in.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Execution, Monetization and SNAP StockFrom a qualitative standpoint, the case for SNAP stock seems pretty simple: the company is starting to execute. A new Android app finally has arrived after a messy redesign faltered back in 2017-2018. A new gaming offering could drive revenue. Snapchat is showing some strength in augmented reality. Snap management - perhaps for the first time since the IPO - seems like it's on top of the business.From a quantitative standpoint, the case is similarly clear. Snapchat is better monetizing its users, and has plenty of room to continue to improve on that front. As I pointed out after Q4, revenue rose 36% on a flat user base. And as RBC Capital Markets analyst Mark Mahaney noted this month, Snap's monetization is one-third that of Twitter (NYSE:TWTR) and one-fifth that of Facebook (NASDAQ:FB).As Snapchat becomes more attractive to advertisers, Snap's revenue can continue to grow to the point that it can leverage operating expenses. That's particularly true overseas. According to the 10-K, Snap's average revenue per user per quarter (ARPU) last year was was $3.38 in the U.S. ARPU in Europe was just $1.04, and in the rest of the world $1.24.As Snap builds out its international presence, and salesforce, international revenues should grow. Getting overseas ARPU simply to current U.S. levels would add roughly 70% to the current revenue base on its own.And so the potential here is obvious. Revenue can continue to soar which should mean, at some point, Snap can become profitable. What Is Priced In?Certainly, the news seems better for Snap. But SNAP stock also now has rallied 146% from those December lows. Valuation is again huge: even backing out cash, Snap is worth over $13 billion - or more than 8x 2019 revenue estimates.Meanwhile, profitability is a long, long way off. Adjusted EBITDA was a loss of $575 million in 2018. Q1 guidance is for only a ~$65 million improvement at the midpoint. Snap likely won't be EBITDA profitable until 2021. Real free cash flow (even allowing for the company's hefty share-based compensation) probably doesn't arrive until 2023. And that's if all goes well.Recent history shows that's still a big "if." Facebook still is targeting the platform with its Instagram Stories. Daily active users still have stalled out. Snap still is competing with not only Twitter, Instagram and Facebook, but behemoth Alphabet (NASDAQ:GOOG,GOOGL) and now Amazon.com (NASDAQ:AMZN) for online advertising dollars.The optimism toward Snap stock makes some sense. But the valuation is hardly cheap or even close to cheap. Monetization and execution well might improve, indeed, they're doing so already. But at 8x revenue, and with profits years away, Snap probably needs more to keep this rally going.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post The Bull Case for Snap Stock Makes Some Sense, but Not Enough appeared first on InvestorPlace.
Twitter is rolling out a major and controversial new update that will allow users to hide replies to their tweets. “We want people to feel safe on Twitter,” company executives Donald Hicks and David Gasca, wrote in a blog post announcing the new update. The post also revealed that Twitter suspended 100,000 accounts between January and March for creating new accounts after being suspended.
Almost a month after US attorney-general William Barr declared that Donald Trump had not obstructed justice in the federal probe into alleged Russian interference in the 2016 election, the president was still trying to defend himself. Mr Barr will issue a redacted version of the Mueller report on Thursday — following intense pressure to release the full document in the wake of his initial four-page summary to Congress last month.
The Trump administration has placed new sanctions and other tough restrictions on Cuba and Venezuela in a series of measures designed to increase the pressure on Havana and try to force it to end its support for Nicolás Maduro, Venezuela’s de facto president. Speaking in Miami to survivors of a Cuban exile group that once led the failed 1961 Bay of Pigs invasion, John Bolton, the US national security adviser, said that Washington was targeting Cuba’s military and intelligence services through these sanctions, and that it would also restrict travel and cap exile remittances to the island.
(Reuters) - Twitter Inc said on Tuesday it had suspended 100,000 accounts for creating new accounts after a suspension during January-March period, a 45 percent increase from last year. "Previously, ...