43.44 0.00 (0.00%)
After hours: 7:54PM EDT
|Bid||43.41 x 900|
|Ask||0.00 x 1200|
|Day's Range||43.11 - 43.87|
|52 Week Range||15.67 - 47.79|
|PE Ratio (TTM)||2,172.00|
|Earnings Date||Jul 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.88|
Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press. The figure highlights the company's newly aggressive stance against malicious or suspicious accounts in the wake of Russian disinformation efforts during the 2016 U.S. presidential campaign.
Jul.17 -- Brad Parscale, President Donald Trump's 2020 campaign manager, discusses his strategy for the 2020 presidential election and his views on social media. He speaks with Bloomberg's Emily Chang on "Bloomberg Technology."
SAN FRANCISCO, July 19, 2018 /PRNewswire/ -- Twitter, Inc. (TWTR) today announced the appointments of Ngozi Okonjo-Iweala and Robert Zoellick to Twitter's Board of Directors (the "Board") as new independent directors, effective immediately. Marjorie Scardino will be stepping down from the Board for personal reasons at the end of the year. "Ngozi and Bob are distinguished leaders with unparalleled global perspective and policy expertise," said Omid Kordestani, Executive Chairman of Twitter.
As tech companies continue to dominate Wall Street, with four now standing alone with valuations of more than $800 billion, gigantic growth is priced in and expected. All the drama is in the forecasts.
Last Friday, 12 Russian agents were indicted for hacking and other efforts to interfere with the 2016 U.S. presidential election. Here's an update on how the tech giants' efforts to deal with the problem have gone, and how fake accounts could still haunt Facebook, Twitter and Instagram down the road. "We know we were slow to pick-up foreign interference in the 2016 US elections," Facebook's VP of advertising Rob Goldman wrote in an April blog post.
As Twitter (TWTR) reports its second-quarter results, investors are noticing its data business—and for good reason. Although Twitter gets most of its revenues from the advertising business, the data business has been its growth engine. Although Twitter’s advertising business only returned to growth in the first quarter after several quarters of sliding sales, its data business has been growing at a double-digit rate.
Although Twitter (TWTR) and Facebook (FB) are taking different approaches in their video push in the fast-growing online video advertising market, Twitter seems to favor building a low-cost video business. Twitter’s video strategy involves sharing revenues with video partners rather than funding the programming production upfront, as Facebook has started doing.
Twitter’s (TWTR) user growth is falling due to rising instances of abusive content, cyber crime, and trolling. Twitter has been fighting fake news and has suspended many malicious accounts for violating its anti-spam rules and spreading fake news. According to a Washington Post report, Twitter has suspended as many as 1 million accounts per day.
The chair of the US House Judiciary Committee reportedly called on Facebook (FB), Alphabet’s (GOOGL) YouTube, and Twitter (TWTR) to testify about whether they are filtering content for political reasons. While Facebook sent its head of global policy management, Monika Bickert, to testify before US Congress, Twitter’s representative was its senior strategist, Nick Pickles.
Here are some things going on today in the world of tech: Shares of Alphabet (GOOGL) are up $3.31, or 0.27%, to $1,216.40 after the European Union imposed a €4.3 billion fine on the company’s Google unit for anti-trust violations in the way that it struck deals with phone makers for use of its Android software that “denied rivals the chance to innovate and compete,” in the words of Margarethe Vestager, the EU competition commission, as reported by Bloomberg’s Aoife White, Stephanie Bodoni, and Natalia Drozdiak. Google has 90 days to stop “illegal practices,” the authors relate. As my colleague Jonathan Swartz notes, the fine equals 40% of the net income Google brought in last year.
Twitter also expanded existing programming relationships with Walt Disney (DIS) and Viacom (VIA). In June, Twitter reorganized its video division with the aim of increasing the unit’s efficiency. In addition to driving more efficiency in the video division, Twitter stated that these changes would better align its video division to its global strategy and vision.
Twitter’s (TWTR) latest cleanup job is good news for current users—but may not to much to attract new ones, according to new research. In a Wednesday note, Macquarie Research analysts downgraded the Barron’s Next 50 company’s shares to “neutral,” though they also raising their price target to $42, right around current levels though more than 25% above FactSet current mean target. Twitter shares were down more than 3% in Wednesday morning trading.
User trends, limited catalysts and valuation concerns triggered a downgrade of Twitter, Inc. (NYSE: TWTR ) by Macquarie on Wednesday. The Analyst Macquarie analyst Benjamin Schachter downgraded Twitter from ...
Twitter Inc.’s ( TWTR) stock has surged about 82% in the past six months, but Macquarie Research believes the stock's upside is limited. The firm lowered its rating on Twitter shares to Neutral from Buy on concerns that the current valuation is too high. Twitter was down more than 1% near $44.25 in pre-market trade Wednesday.
Shortly before the Washington Post reported Twitter’s (TWTR) aggressive shutdown of unwanted accounts, Twitter had unveiled new efforts to fight what it called “spam and malicious automation” on its platform. For years, Twitter has struggled with the problem of misuse of its services. Some people created multiple accounts to attack and harass other users, ultimately driving the targeted users away from Twitter.
“Over the last 6 months, there have been too many examples of concerning behavior that is shaking investor confidence,” Gene Munster, managing partner at Loup Ventures and Tesla permabull, said Tuesday afternoon in an open letter to Musk. The ultimate fear is that the CEO’s behavior detracts from Musk’s credentials, jeopardizes Street confidence and, subsequently, compromises capital for the cash-strapped Tesla.
Tech earnings to be up 23.8% on 10.7% higher revenues in Q2, marking the fourth consecutive quarter of earnings growth of 20% or more.
Twitter (TWTR) stock recorded its largest intraday decline earlier this month after the Washington Post reported that the company has accelerated the removal of unwanted accounts. The report went on to state that Twitter shut down more than 70.0 million accounts in May and June—and that the purge continues. Twitter stock declined as investors expressed concern that the aggressive manner in which Twitter is removing unwanted accounts could result in the company’s audience shrinking.
Bloomberg and Twitter expand relationship to provide clients with a feed of financially relevant Tweets, designed for algorithmic trading. NEW YORK, July 18, 2018 /PRNewswire/ -- Bloomberg announced today the expansion of its relationship with Twitter, launching a real-time feed of curated Twitter data, so that enterprise clients can incorporate the most financially relevant content into their trading algorithms. Built on the back of Bloomberg's robust Natural Language Processing techniques and available through the company's Event-Driven Feeds (EDF) product, the data allows financial firms to extract value by making sense of the over 500 million Tweets per day.
Macquarie Research lowered its rating on shares of Twitter to "neutral" from "buy" on Wednesday, saying the stock has achieved the firm's upgrade in April after moving nearly 50 percent move higher.
Automated bots are increasingly muddying election cycles in Africa, disrupting conversations, distorting facts, and bringing into focus the changing dynamics of politics in the continent. Bots on social media became an influential voice during crucial Africa polls over the last year, claims a report called How Africa Tweets from communications consultancy Portland. These bots, defined…
NEW YORK (AP) — Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press. The figure highlights the company's newly aggressive stance against malicious or suspicious accounts in the wake of Russian disinformation efforts during the 2016 U.S. presidential campaign.
See who joins Twitter and Abiomed on this list of stocks expecting 50% or greater earnings growth in their next quarterly report.
Shares of Twitter (NYSE:TWTR) sunk on Monday following a Friday report from The Washington Post that the social media company had suspended millions of accounts. Plus J.P. Morgan (NYSE:JPM) thinks yesterday’s slip represents a solid buying opportunity. The Post reported last Friday that Twitter’s recent efforts to suspend and remove accounts hoped to “lessen the flow of disinformation on the platform.” Data obtained by The Post reportedly showed that Twitter has been suspending more than 1 million accounts per day in recent months.