TWTR - Twitter, Inc.
37.39 -0.01 (-0.03%)
After hours: 4:02PM EDT
| Previous Close | 37.19 |
| Open | 37.47 |
| Bid | 37.41 x 3100 |
| Ask | 37.42 x 900 |
| Day's Range | 37.27 - 37.85 |
| 52 Week Range | 26.19 - 47.79 |
| Volume | 8,100,802 |
| Avg. Volume | 16,176,049 |
| Market Cap | 28.676B |
| Beta (3Y Monthly) | -0.04 |
| PE Ratio (TTM) | 21.67 |
| EPS (TTM) | 1.73 |
| Earnings Date | Jul 26, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 39.50 |
- Bloomberg•2 hours ago
SpaceX Discloses $1 Billion Raised After First Satellite Launch
SpaceX disclosed the influx of cash after launching the first 60 satellites into orbit for its Starlink project, which involves building a constellation that beams broadband to underserved areas across the globe. Fellow billionaire Jeff Bezos is also pursuing the business of becoming a space-based internet provider.
- Bloomberg•6 hours ago
UN Fires a Shot at America's ‘Unsinkable Aircraft Carrier’
Quite a lot, actually: The island of Diego Garcia in the Indian Ocean’s Chagos Archipelago, lying just south of the equator and 2,000 miles east of Africa, hosts arguably the most important U.S. military base for U.S. operations in the Middle East and Afghanistan. This week the United Nations General Assembly voted overwhelmingly to force the U.K., which colonized the islands during the Napoleonic wars and now controls them as a British Indian Ocean Territory, to return them to Mauritius, which achieved independence from Britain in the mid-1960s.
- InvestorPlace•13 hours ago
3 Reasons Why Disney Stock Could Avoid Becoming A Trade War Casualty
I don't know what Disney (NYSE:DIS) CEO Robert Iger does day to day. However, I'm sure one of his actions over recent weeks involved a face-palming. That's because DIS stock, which is in the middle of a critical pivot, now faces a possibly severe headwind.Source: Baron Valium via FlickrMaking headlines throughout the world is the ongoing and escalating U.S.-China trade war. It's taken a lot of companies like Disney by surprise. Just a month ago, the tea leaves suggested that a resolution was imminent. Both Washington and Beijing agreed to hash out their differences.But a sharply worded Twitter (NYSE:TWTR) posting from President Trump -- is there any other kind? -- scuttled optimism. As usual, the former real-estate mogul doubled down on his about-face sentiment. Fearing losing face to its citizenry and the international community, China pushed back. The trade war is back on, and so, too, are concerns for the Disney stock price.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Safe Stocks to Buy for Anxious Investors For Iger, the situation must be doubly frustrating. He sat on Trump's business council two years ago and was among the execs who advised the President against igniting an all-out trade war. Interestingly, DIS stock was incredibly choppy until relations appeared to smooth out.Now, Iger is exactly where he begged the business gods not to place him in. Like a pivotal point in a Marvel action movie, just when DIS stock gained decisive momentum off its Disney+ streaming platform, shares have slammed into a wall.With competition expanding in the broader entertainment arena, China presented a glowing opportunity. A country four times the size of the U.S. population, the Asian juggernaut was a license to print money.But before giving up on Disney stock, here are three things to consider: DIS Stock Levers "Status Symbol" BrandsOn the surface, a trade war would spark a nationalistic fervor in China against the "imperialist" Americans. Building off the uproar, the Chinese government will urge (or force) its citizens to boycott all U.S.-made goods and services. Naturally, this would hurt the Disney stock price.In reality, I think the reaction toward a company like DIS will be much more nuanced. I say this because social status in China remains an important factor in everyday life.For instance, when we go grab a quick bite to eat at Pizza Hut or McDonald's (NYSE:MCD), we don't think twice about it. But in China, the situation is much different. If you want a slice at Pizza Hut in Xiamen -- owned by Yum China Holdings (NYSE:YUMC) -- you better get a reservation. I'm not kidding!Like the historical impact of the first McDonald's opening in the Soviet Union, the Chinese still have fond memories of western integration. In my view, this helps Disney stock. The underlying brand represents America in ways other brands can't quite capture.As far as status goes, it's an incredible luxury for an average Chinese family to visit Shanghai Disneyland. So, I'm not overly worried about the trade-war impact here. Disney Stock and That Content EmpireAnother area that deteriorating U.S.-China relations can't touch is Disney's content. Quite simply, the Magic Kingdom has plenty of it, and most of these licenses are extremely lucrative.If you follow my writing on InvestorPlace, you'll know that I'm generally bullish on streaming giant Netflix (NASDAQ:NFLX). Even with DIS getting into the mix, I'm still optimistic on NFLX because of its powerful original content.Admittedly, though, DIS is taking out Netflix's initial advantage of going first to market with the streaming platform. Moving forward, the two will compete head-to-head mostly on content, which is Disney's strength.Further favoring the Disney stock price is the changing nature of the entertainment consumer. With the mainstreaming of geek culture, most of today's successful movies are science-fiction fare or based on comic books.Of course, this is a huge boost for DIS stock because the underlying firm owns the Star Wars franchise. That is a real license to print money, trade war be damned! And when the hotly anticipated Star Wars: The Rise of Skywalker hits theaters later this year, I expect record-breaking sales. That includes both domestic and Chinese box offices. Disney is America's Corporate AmbassadorIf tensions get worse -- and that's more than likely -- I can see the Chinese boycotting expensive American goods. I don't think it's any coincidence that General Motors (NYSE:GM) and Ford Motor (NYSE:F) suffered sharp declines recently.American car companies are on life support. They're only hanging on because of Chinese demand. Surely, the communist government knows this, and they'll go after GM and Ford. By stabbing Detroit in the jugular, China can hand the U.S. a permanently ignominious defeat.But attacking Disney? I don't see it, primarily because this is the most inoffensive brand ever. For one thing, its content, products, and venues appeal to the widest audience possible. Second, Disney is a very diverse brand. Specifically, they're Asian-friendly, which is somewhat important when you're trying to court Chinese viewers.Lastly, we go back to Bob Iger and his short tenure on the President's business council. After hitting the wall that is Trump's ear canal, which helps funnel verbal cues to the President's brain, Iger quit. But in doing so, he may have endeared himself to the Chinese. As luck would have it, this may turn out to be the best move ever.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post 3 Reasons Why Disney Stock Could Avoid Becoming A Trade War Casualty appeared first on InvestorPlace.
- Financial Times•13 hours ago
Manhunt in Lyon after small blast injures 13 in city centre
A manhunt was under way in Lyon in the south-east of France after an explosion slightly injured 13 people in the city centre during rush hour on Friday evening. Police were hunting for a 30 to 35-year-old man wearing a hood and dark glasses who was suspected of leaving a parcel bomb in a bag or suitcase outside a bakery in the rue Victor Hugo that exploded shortly after 17.30 local time. Christophe Castaner, French interior minister, said on Twitter he had ordered the authorities to reinforce security at public places and at sporting and cultural events.
- Investor's Business Daily•yesterday
Is Twitter Stock A Buy Right Now? Here's What Earnings, Charts Show
Is Twitter stock a buy now? Check out the stock's fundamental and technical metrics to figure out if the stock should be on your watch list.
- InvestorPlace•yesterday
Why Snap Stock May Finally Stabilize for the First Time in 2 Years
For social media company Snap (NYSE:SNAP), life as a public company has been a roller coaster. It started with a huge post-IPO pop, as SNAP stock jumped from its $17 IPO price to $30 within the first few days of trading.Source: Shutterstock Then, a few bad earnings reports later, SNAP stock price tumbled all the way to $5, as its user growth fell flat, its revenue growth slowed, and its losses piled up. In 2019, though, SNAP stock has nearly doubled amid renewed user growth, healthy revenue growth trends, and improving margins. * 6 Stocks to Buy for This Decade's Massive Megatrend In other words, Snap stock has risen tremendously, tumbled, and rallied by a large amount, all in two years. Naturally, the question now is: What's next? Another surge higher? Another huge retreat?InvestorPlace - Stock Market News, Stock Advice & Trading TipsNeither. I actually think Snapchat stock will break its two-year trading pattern and move largely sideways for the rest of the year. SNAP stock price won't drop tremendously because it has tons of catalysts on the horizon which should help it grow at healthy rates. But it won't rally in a big way, either, because its valuation is very rich and already prices in gains from all those catalysts.So, for the first time in its two-year history, SNAP stock may actually find some stability at this point in the lower double-digit range. Lots of Catalysts Will Keep Selling MutedSnap has a plethora of catalysts on the horizon which will keep its growth trends healthy for the rest of 2019, and that elevated growth will keep investors from selling SNAP stock in bulk.Snap has shown good progress in early 2019. After plateauing for several quarters, Snap's user base finally grew again in early 2019, as the company moved past the awful redesign headaches that plagued it in 2018. Its revenue growth trends broadly remained healthy as advertisers continue to give the platform a shot because of its unprecedented reach among America's young people. Its gross margins continued to move higher, and its operating-spending rates dropped, as its business grew.All in all, Snap has proven that it can continue to grow, and that's why SNAP stock has bounced back from the dead.These improved growth trends should persist for the rest of the year. On the user-growth front, Snap's user base should remain largely stable as the ramp over at Instagram in general and Instagram Stories in particular appears to be in the rear-view mirror. Plus, the company has successfully overhauled its Android app, and that should boost its international user growth.Meanwhile, on the revenue front, continued healthy user growth trends should help Snap attract more and more advertisers to the platform. Also, the more mature Snap's advertising business gets, the more ad dollars it should attract as advertisers become more and more comfortable with spending money on the relatively new platform. Its gross margins will continue to improve as its business grows, and its operating-spending rates will continue to drop.All in all, SNAP's growth trends should remain favorable for SNAP stock for the rest of the year. Because of that, it's tough to see SNAP stock price falling much from its current level. Rich Valuation Will Keep Buying MutedAt the same time, it's equally tough to see SNAP stock rallying much, given its already stretched valuation. In short, SNAP stock price already fully reflects all of the company's 2019 positive catalysts, and then some.SNAP stock currently trades at 12 times its 2018 sales. That puts the stock in a class of its own when it comes to digital advertising names. Facebook (NASDAQ:FB) trades at nine times its trailing sales. So does Twitter (NYSE:TWTR). Meanwhile, Alphabet (NASDAQ:GOOG) trades at six times its trailing sales. Indeed, the only other digital ad stock with a comparable sales multiple is Pinterest (NYSE:PINS), and Pinterest's revenues surged 50%-plus last quarter and its user base jumped 20%-plus.In contrast, Snap's revenues increased by less than 40% last quarter, and its user count dropped year-over-year.A great deal of the premium valuation reflected by SNAP stock is due to its potential ability to increase its margins. Snap runs huge operating losses, while Facebook, Twitter, and Alphabet all have very high margins. The potential for Snap to one day generate high margins is largely responsible for the premium multiple of SNAP stock.But, even taking into account the potential margin increase, today's valuation seems full. Snap's revenues can and will easily rise at a 20%-plus rate for the foreseeable future. Its gross margins can climb towards 80%. Its operating-spending rates could reasonably drop towards 30% as its business grows. But, even with all those aggressive assumptions, Snap will still only report EPS of about $0.70 by fiscal 2025.Based on a forward multiple of 25 which is average for digital-advertising stocks,, that implies a reasonable 2024 price target for Snap stock of $17.50. Discounted back by 10% per year, that equates to a fiscal 2019 price target of just under $11. The Bottom Line on SNAP StockLife as a public company has been a roller-coaster ride for SNAP stock. This wild ride may be ending soon. There are enough positive catalysts on the table to keep SNAP stock price from dropping much for the foreseeable future. At the same time, there are enough valuation risks to keep the stock from rallying much for the foreseeable future, too.Thus, SNAP stock looks destined to trade sideways over the next several months and quarters. That would be an unusual - and perhaps welcome - break from the big swings this stock has made over the past two years.As of this writing, Luke Lango was long FB, GOOG, and PINS. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Why Snap Stock May Finally Stabilize for the First Time in 2 Years appeared first on InvestorPlace.
- Benzinga•yesterday
Bank Of America Bullish On Twitter Ad Testing
Twitter has confirmed it's testing higher ad loads on select users, and Post said the initial positive market reaction was appropriate. “We remain constructive on potential content and ad improvements from increased testing by Twitter, a potential driver that gained visibility with the prototype app launch in March,” Post wrote in a note. In addition to ad load testing, Post said Twitter is still testing and tweaking new app features as well, and management hinted on the first-quarter earnings call that prototype app testing is going well so far.
- Investor's Business Daily•yesterday
Stock Market Dives, As These Dow Jones Stocks Sell Off
The stock market sold off early Thursday with heavy losses across the major stock indexes. Twitter stock is near a buy point.
- Zacks•yesterday
What's in the Cards for Momo (MOMO) This Earnings Season?
Momo's (MOMO) first-quarter 2019 results are likely to benefit from new tools and investments to boost user engagement levels.
- Zacks•yesterday
Twitter (TWTR) Down 1.8% Since Last Earnings Report: Can It Rebound?
Twitter (TWTR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Bloomberg•yesterday
Democrats Should Keep Impeachment Threat Hanging Over Trump
It’s also pushed one Republican, Michigan libertarian Justin Amash, to call for impeachment. Indeed, some are arguing that Trump may be the one who wants impeachment – as a 2020 general election strategy.
- Financial Times•yesterday
China weighs allowing the renminbi to ‘crack 7’
Will China’s currency “po qi” or “crack seven” — trader talk for the government letting the renminbi depreciate through the 7 to the dollar level in the foreign exchange markets? The onshore renminbi exchange rate, for example, is allowed to move only within a trading band of 2 per cent either side of a daily midpoint fixed by the bank.
- Financial Times•yesterday
Do your children like your wealth manager?
The head of a well-known wealth manager told me the other day that getting her workforce to enter the modern world was still a struggle at times. Recently, she sat in on a meeting between one of her advisers and a wealthy couple and noticed that her adviser only spoke to the man. Such anecdotes show how far the wealth management industry needs to go to claw its way into the 21st century.
- Bloomberg•2 days ago
Trump Spurns Infrastructure Talks With Democrats Over Investigations He Calls ‘Phony’
“Get these phony investigations over with,” Trump said he told House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer on Wednesday at the White House. Minutes later, reporters were abruptly summoned to the White House Rose Garden, where a podium had been prepared for Trump to speak.
- Bloomberg•2 days ago
Facebook, Twitter, Google Seek to Assuage Lawmakers About 2020
The tech giants sought to assure lawmakers that they take the threat of foreign influence seriously after being blindsided by Kremlin-backed disinformation campaigns on their platforms during the 2016 election. "There is no silver bullet, but we will continue to work to get it right," said Richard Salgado, Google’s director of law enforcement and information security.
- Zacks•2 days ago
3 Tech Stocks for Growth Investors to Buy Right Now
Now it's time to check out three tech stocks that came through our screen today that growth investors might want to consider buying right now.
Investor's Business Daily•2 days agoIBD Stock Of The Day: Twitter Approaches Buy Point As Stock Jumps
Twitter is the IBD Stock Of The Day, a social media pioneer with a cup-base chart formation that is approaching a buy point. Twitter stock jumped Wednesday on word it may increase ad loads.
Yahoo Finance•2 days agoTwitter co-founder Ev Williams: Social media is a ‘sugar high’ that’s wearing off
Twitter co-founder Ev Williams on Tuesday compared the waning positive buzz around social media to a “sugar high” that’s wearing off.
- Benzinga•2 days ago
Why Twitter Shares Are Higher Today
The Bloomberg story comes after several journalists reported seeing more ads than usual on their Twitter feeds this week. On Tuesday, a Twitter spokesperson confirmed the company has been testing changes to its ad load. Twitter users’ ad loads vary depending on a number of factors, and not all users may be experiencing more ads.
- TheStreet.com•2 days ago
Twitter Is Tweaking How Many Ads Users See
is experimenting with ad load, the industry term for how often users see advertisements on their feed, the company confirmed in a statement to Bloomberg. "We are always running experiments with our ad experience, including with the various aspects of ad frequency and targeting," the social media company told Bloomberg. Twitter makes most of its money from advertisements but not every user sees the same number of ads.
- Motley Fool•2 days ago
3 Years In, Is the "Winners for a Thinking World" Stock Sampler Winning?
David Gardner serves up a new set of five stocks to recommend to his listeners.
- Bloomberg•2 days ago
China’s Xi Calls for ‘New Long March’ as U.S. Tensions Rise
Xi made the remarks on Monday while leaving the Long March memorial garden in Jiangxi Province, according to a video clip released by state television. The site marks the starting point of a lengthy migration from 1934 by the Communist Party’s military after setbacks that forced it to join with troops in northwest China.
Reuters•2 days agoCiting Reuters report, health groups push tech firms to police tobacco marketing
The organizations' letter to the firms cited a recent Reuters report https://www.reuters.com/article/us-philipmorris-ecigs-instagram-exclusiv/exclusive-philip-morris-suspends-social-media-campaign-after-reuters-exposes-young-influencers-idUSKCN1SH02K documenting how cigarette maker Philip Morris International Inc has used young personalities on Instagram to sell a new "heated tobacco" product called IQOS. The groups said social media firms are not doing enough to regulate "influencers" on their platforms who are hired by companies to promote nicotine products.
- Yahoo Finance Video•4 hours ago
US lawmakers look to replicate some of EU's GDPR laws
As conversation on data privacy in the U.S. is heating up, lawmakers are looking to replicate some of the EU's GDPR regulations stateside. Michelle Richardson, director of the Privacy and Data Project at the Center for Democracy and Technology, discusses the future of data privacy with Yahoo Finance's Dan Roberts, Akiko Fujita, and Kristin Myers
- Yahoo Finance Video•2 days ago
Twitter co-founder Evan Williams talks about life after Twitter
Twitter co-founder Evan Williams, who's now CEO of Medium, discusses life after Twitter and the state of social media, with Recode's Kara Swisher.
