|Bid||0.00 x 3000|
|Ask||0.00 x 1000|
|Day's Range||44.50 - 46.01|
|52 Week Range||15.67 - 47.79|
|PE Ratio (TTM)||2,294.00|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.65|
Elsewhere on Monday... -- Confessions of an anti-GMO activist -- Tariffs are not the answer -- What would happen if China sold it's treasuries? -- Martian troubles -- Foucault's lessons for business -- ...
Turkey’s president Recep Tayyip Erdogan claimed victory on Sunday night in pivotal presidential and parliamentary elections, securing five more years in office and triggering a change to a powerful presidential system that places unprecedented powers in his hands. Preliminary results showed that the Turkish president overcame the challenges of a resurgent opposition, mounting concerns about the economy and a plunging lira to win 52.5 per cent of the vote with 97.6 per cent of ballot boxes opened. Mr Erdogan’s main challenger, Muharrem Ince, won 30.8 per cent.
If Chuck Prince, former chief executive of Citigroup, is remembered for anything, it is his insouciant comment about the boom in leveraged finance. Mr Prince’s remark is the best expression of bankerly smugness since the Depression.
In the past four years, Chinese steel companies have funded 32m tonnes of annual capacity in new steel projects in Indonesia and Malaysia, according to a Financial Times calculation, equivalent to more than 40 per cent of steel consumption in 2016 by the 10 Association of Southeast Asian Nations member states. global steel tariffs targeted towards what it perceives as cheap Chinese steel flooding global markets. Instead, Chinese producers are moving existing production capacity and investing in plants abroad, predominantly in south-east Asia, to produce and sell in fast-growing markets without the threat of tariffs.
Brazil and France are among the favorites to win the 2018 FIFA World Cup, but Twitter could be the biggest winner. Twitter shares (TWTR) have taken off like a Cristiano Ronaldo free kick. In its recently completed first fiscal quarter, Twitter aired over 1,300 live broadcasts, compared with about 450 in the corresponding period a year earlier.
Here are the details on the Bay Area fundings and acquisitions that were disclosed at the end of the week, including a $150 million round for online gaming startup Roblox.
Apple (NASDAQ:AAPL) now joins Twitter (NYSE:TWTR), Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOGL) in banning cryptocurrency-related advertisements. The company’s latest App Store review guidelines also essentially prohibit cryptocurrency mining on iOS devices. Cryptocurrencies have been losing value due to growing number of regulations and increasing hacking incidents.
The risk with short sales of stock is that losses are theoretically unlimited. Among the stocks that have burned the short sellers in a big way so far this year—to the tune of $2 billion in paper losses—are social media platform Twitter Inc. ( TWTR) and payments processor Square Inc. ( SQ), per calculations by financial analytics firm S3 Partners as reported by MarketWatch.
Twitter Inc. ( TWTR) has been among the best-performing stocks in 2018, with shares up by an astounding 86%. It would suggest the stock may have come too far too fast. Options traders are betting shares of Twitter will rise by about 13% to roughly $50.50 by expiration on Aug. 17 from its current price around $44.70 at 10:45 a.m. on Friday.
UPS, YouTube, Twitter and Tesla are the companies to watch.
Twitter (TWTR) to leverage Smyte to combat abuse and bullying, the most obvious and pressing areas of concern for the social media platform in recent times.
Mounting US-China trade tensions were all over the headlines at the start of this week, following US President Donald Trump’s announcement last Friday of a 25 per cent tariff on $50bn worth of Chinese goods. Another epic about-face for Trump — this time on a policy that inspired more indignation than most. Four former first ladies and a current one (Melania Trump, in a rare public statement), former President Barack Obama, the Pope, business leaders and politicians all criticised the policy before the U-turn.
Two Jack Dorsey companies, alike in their huge stock rallies, differ when it comes to recent short-selling sentiment. Square shares have gained 95% so far this year, while Twitter’s stock is up 92%. “The main difference I see is that Twitter short sellers are selling into the stock’s rally and increasing their short exposure substantially in June, while Square short sellers are buying to cover some of their short positions in order to stay around the $2 billion level,” said Ihor Dusaniwsky, the managing director of predictive analytics at S3 Partners.
Naturally, the last big meeting of the Greek debt crisis went to the wire. German demands, eleventh hour brinkmanship, and some can kicking — Thursday’s eurogroup was enough to revive nostalgia among the most seasoned eurozone crisis watcher. After six hours, finance ministers in Luxembourg agreed a debt relief deal on the stroke of midnight.
Saudi Arabia has struck a deal that will see Opec and its allies increase oil production by up to 1m barrels a day in an effort to cool a rally in crude prices that has lifted them to their highest level since 2014. Khalid al Falih, the kingdom’s energy minister, who has faced pressure from the US and other big oil importers to cap prices before they harm the broader economy, said Opec members would move to raise output. The deal, if rubber-stamped as expected on Saturday by non-Opec producers including Russia, could see Saudi Arabia and other nations with spare production capacity boost output at the expense of their peers.
Shares of Facebook (FB) hit a new all-time high on Wednesday after the company's photo-sharing app Instagram rolled out a new long-form video feature. The move helps demonstrate just how important video has become, and shows why fellow social media firm Twitter (TWTR) looks like a strong buy stock at the moment on the back of its own live video push.
Shares of Twitter Inc. (twtr) are down 2.5% in Thursday trading after the company said it has agreed to acquire Smyte, a company that deals with safety, spam and security. "Smyte's team, technology and company mission are aligned with our focus on improving the health of conversation on Twitter, and we believe this will be a powerful addition to our ongoing work," Twitter said in a blog post. The company expects the Smyte acquisition to help it "address challenges in safety, spam and security more quickly and effectively" through the review tools and processes that Smyte offers.
UPS, YouTube, Twitter and Tesla are the companies to watch.