|Bid||31.8300 x 1300|
|Ask||31.8400 x 500|
|Day's Range||31.7450 - 33.1200|
|52 Week Range||14.4100 - 36.8000|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.52|
Shares of Ericsson (ERIC) are up $1.18, or 18%, at $7.82, after the company this morning reported Q1 revenue of 43.4 billion Swedish krona, a little less than the Street’s 43.59 billion SEK estimate, but it also turned in a surprise profit of 0.11 SEK per share, where analysts had been expecting a loss of 0.21 SEK per share. Twitter (TWTR) shares are up $1.05, or 3%, at $32.59, after MKM Partners’s Rob Sanderson this morning raised his rating on the shares to Buy from Neutral, with a $40 price target, writing that it should be bought for "monetization gains,” and he’s impressed by “a rebound in user growth with Daily Average Users up double-digits for five quarters." Sanderson thinks "the uber-bull case that TWTR eventually reaches the mainstream market is still on the table." It’s time for everyone to cut their Apple (AAPL) iPhone estimates in advance of the company’s earnings report May 2.
MKM Partners, the firm that once called a sell-off in Twitter Inc. ( TWTR) stock, now says its shares are a buy. Analyst Rob Sanderson upgraded Twitter to buy from neutral with a 12-month price target of $40 saying he believes the company is “here to stay” and has “mass market potential.” The price target is 27% higher than the closing price of Twitter shares on Thursday. "We think execution was sub-par for about three years leading into 2017 and has improved under the return of its co-founder as CEO (Jack Dorsey)," Sanderson said in a note.
Just weeks before Malaysia goes to the polls, automated accounts known as bots are flooding Twitter with tens of thousands of pro-government and anti-opposition messages, according to a review of the tweets by Reuters and a U.S. digital media research institute. Asked about the matter, San Francisco-based Twitter Inc said it was focused on identifying and suspending accounts that violate its spam policies. A source close to the matter said the company had suspended 500 accounts involved in the messages on the Malaysian election since they involved spam or malicious automation.
Twitter Inc (NYSE:TWTR), a large-cap worth US$23.65B, comes to mind for investors seeking a strong and reliable stock investment. Doing business globally, large caps tend to have diversified revenue streamsRead More...
U.S. President Donald Trump hasn’t been shy about using Twitter to deliver pronouncements about an increasingly wide range of asset classes. “Looks like OPEC is at it again,” Trump tweeted Friday morning. To be fair, Saudi Arabia’s purported ambition to get oil near $80 a barrel was enough to move global oil prices earlier this month, so it isn’t unreasonable to suspect Trump might be able to have an impact on crude as well, however fleeting.
The negative narrative that began Thursday with the poor action in the semiconductor space due to worries about smartphone sales is gaining further traction Friday morning. prospects have declined due to increased competition and there is a very large reduction in second-quarter orders in China. What's more, the trade war with China is gaining traction, which is adding headwinds to the equation.
A federal judge in California ruled recently that Facebook (FB) must face a class-action lawsuit over claims that its facial recognition technology violated an Illinois law, the BBC reported. The company is accused of invading the privacy of its users by gathering and storing biometric data without their consent.
Twitter (TWTR) generated investor returns of -15.7% in the trailing-one-month period and 101.1% in the trailing-12-month period. TWTR stock rose 2.4% in the trailing-five-day period.
Twitter's (TWTR) first-quarter results are likely to be driven by higher ad revenues on the back of improving video advertisements.
It seems Mark Zuckerberg is one of Facebook’s (FB) most valuable assets. Facebook bumped up the budget toward Zuckerberg’s security by 50% in 2017, spending more than $7.3 million to protect the top executive during a year in which the company came under sharp criticism over its role in spreading false news and political propaganda.
Twitter (TWTR) is scheduled to report its 1Q18 results amid rumors of the company secretly building a product that mimics Snapchat. According to a recent CNBC article, Twitter has already developed a working demo of its Snapchat clone, and it has been showing off the product to its advertising partners. Facebook (FB) has copied several Snapchat features that have become popular on its digital properties such as WhatsApp and Instagram.
Twitter (TWTR) has indicated that it’s shifting gears in its spending practice in 2018. Last year, it focused on suppressing costs by prioritizing profitability over growth. It achieved a profitability milestone, turning its first quarterly profit as a public company in 4Q17.
MKM Partners' Rob Sanderson upgrades Twitter to buy from neutral. Shares of Twitter jumped more than 3 percent in premarket trading Friday after the upgrade. MKM Partners' Rob Sanderson downgraded Twitter TWTR in June 2015 shortly before the stock would be cut in half on disappointing user growth and advertising revenue.