|Bid||31.5400 x 1400|
|Ask||31.5500 x 1800|
|Day's Range||31.1000 - 32.0800|
|52 Week Range||20.1200 - 47.7900|
|Beta (3Y Monthly)||-0.35|
|PE Ratio (TTM)||23.38|
|Earnings Date||Feb 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.45|
Baidu (BIDU) recently led a $300 million investment round in Xinchao Media, a Chinese outdoor advertising company. Xinchao specializes in elevator advertising, delivering ads in more than 700,000 elevators across more than 100 cities in China. The investment opens a door for collaboration between Baidu and Xinchao. Baidu plans to utilize the relationship to help Xinchao make its ads more relevant.
The ability to edit tweets has been a requested feature that Twitter has been seemingly reluctant to grant its subscribers. Twitter CEO Jack Dorsey recently discussed the issue of the edit button while he was in India, saying the company was thinking about it, TNW reported. The dilemma for Twitter is that while an edit button can help eliminate friction for its subscribers, it can also open an opportunity for unethical alteration of public record.
Twitter (TWTR) stock has been one of the best-performing stocks in the large-cap tech sector in the last year. The stock has gained a whopping 48% in the period, while its peers Facebook (FB) and Google (GOOG) have struggled. Google’s stock growth has been almost stagnant in the last year, while Facebook stock has fallen ~25%.
Twitter (TWTR) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
With the uptake of social media advertising on the rise, Twitter (TWTR) is moving to help brands better connect with social media audiences. The company has recently created a new post, global director of culture and community, and has appointed God-is Rivera to the role. Rivera is mandated with helping advertisers connect more effectively with various communities or groups on Twitter, which could include feminist, black, or Asian-American groups.
Twitter (TWTR) is working to diversify its business as a way to reduce its reliance on advertising expenditures. Twitter’s non-advertising revenue rose 25% YoY to $108 million in the third quarter, making up 14% of the company’s total revenue. Non-advertising operations contributed 15.5% of revenue in the previous quarter and 14.7% of total revenue a year earlier.
Twitter (TWTR) now relies on video for the majority of its advertising revenue. The company’s video offerings include live and recorded content from sports to news to entertainment area. Twitter’s video expansion seems to fit in nicely with the market trend where the uptake of digital video advertising is on the rise.
The ad threatens to damage D&G’s reputation in the world’s largest luxury market. A company fashion show scheduled for Wednesday evening in Shanghai was cancelled after models and celebrities threatened a boycott.
Interpol has elected Kim Jong Yang of South Korea as its next president after a successful late push by western countries to thwart Russia’s candidate. Mr Kim, Interpol’s acting president, defeated Alexander Prokopchuk, a vice-president and a Russian police major-general, after a battle over the position sparked a dispute over alleged authoritarian abuse of the global police body.