Previous Close | 31.54 |
Open | 32.65 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 31.65 - 33.12 |
52 Week Range | 14.56 - 36.80 |
Volume | 34,819,658 |
Avg. Volume | 33,484,517 |
Market Cap | 23.929B |
Beta | 0.73 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.15 |
Earnings Date | Apr 25, 2018 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 27.52 |
These three stocks made big moves last week. Here's what investors should know.
Is Snap correcting for over-hiring? The job reductions Snap (SNAP) carried out in March 2018 were primarily in the engineering and sales departments, the company revealed in a regulatory filing. According to a Bloomberg report, the sales job cuts were mostly in the advertising division, where the company eliminated ~100 positions.
A growing number of consumers are foregoing car ownership thanks to the accessibility of car- and ride-sharing services.
Snap carried out two rounds of layoffs in March, mostly in its sales and engineering departments. In the coming years, Snap expects its workforce reduction to yield $34 million in annual cost savings, particularly in salaries and payroll taxes.
Can the major indexes reclaim key support? Can Apple hold its 200-day? Will the 10-year Treasury yield top 3%? And is Twitter a better stock than Facebook or Google-parent Alphabet?
Rapper Kanye West recently returned to Twitter (TWTR) after giving the social media platform a wide berth for nearly a year. In May 2017, West quietly deactivated both his Twitter and Instagram accounts with no explanation as to why. West’s exit came at a time when Twitter was struggling with the problem of social media abuse, with some bad actors taking advantage of its service to try to inflict pain on other users.
Twitter confirmed the ban in an email to Reuters after Kaspersky Lab co-founder Eugene Kaspersky disclosed the development in a blog post on Friday, saying that the company learned of the ban in early January. The ban follows charges by Washington that Kaspersky Lab has close ties to intelligence agencies in Moscow and its software could be used to enable Russian spying, which prompted the Trump administration to ban its products from U.S. government networks.
Twitter confirmed the ban in an email to Reuters after Kaspersky Lab co-founder Eugene Kaspersky disclosed the development in a blog post on Friday, saying that the company learned of the ban in early January. The ban follows charges by Washington that Kaspersky Lab has close ties to intelligence agencies in Moscow and its software could be used to enable Russian spying, which prompted the Trump administration to ban its products from U.S. government networks.
Kanye West is the life coach we didn’t know we needed. A new, wiser Kanye West has emerged on social media over the past week. After rejoining Twitter on Friday the 13th and being personally welcomed back ...
Twitter confirmed the ban in an email to Reuters after Kaspersky Lab co-founder Eugene Kaspersky disclosed the development in a blog post on Friday, saying that the company learned of the ban in early January. The ban follows charges by Washington that Kaspersky Lab has close ties to intelligence agencies in Moscow and its software could be used to enable Russian spying, which prompted the Trump administration to ban its products from U.S. government networks.
Twitter, Inc. ( TWTR) shares rose about 1.4% on Friday by mid-day after MKM Partners upgraded the stock to Buy from Neutral with a $40.00 per share price target. Analyst Rob Sanderson was encouraged by the company's growth in users, which increased by double digits for the fifth straight quarter. Earlier this week, Morgan Stanley analysts also upgraded Twitter stock from Underweight to Equal Weight and raised their price target to $29.00 per share.
Twitter said on Friday that it was banning all ads from Kaspersky Lab, the cybersecurity firm that's been accused by the U.S. government of having direct ties to Russian intelligence services.
The chief executive officers of Google and Twitter may be next to follow Mark Zuckerberg into a gauntlet of congressional hearings. Senate Commerce Chairman John Thune said he’s considering another public hearing on data privacy and spoke with representatives of Alphabet Inc.’s Google this week, suggesting the company send CEO Sundar Pichai to answer questions.
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.
The "Halftime Report" traders debate MKM Partners' call to buy Twitter.