|Bid||42.8700 x 800|
|Ask||42.9100 x 1300|
|Day's Range||42.4000 - 43.2700|
|52 Week Range||36.4100 - 52.5000|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||24.34|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||51.04|
CORAL GABLES, FL / ACCESSWIRE / October 19, 2018 / No one can deny the excitement that is and has been buzzing around marijuana stocks. Mainly Canadian cannabis stocks have taken center stage considering the country has become only the second in the world to legalize recreationalmarijuana on a national level. The company is going directly after the international markets that have very limited access to technology like this right now.
Square (SQ) is set to release its third-quarter results at a time when Caviar is taking a position as a key piece of its omnichannel strategy. Caviar is able to serve customers across different channels, such as physical locations and digital platforms. In an interview with CNBC last month, outgoing Square CFO Sarah Friar discussed the company’s efforts to bring the omnichannel experience to restaurants through Caviar.
Yelp (YELP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
As much as the digital advertising market is expanding, with global spending on digital ads on track to hit $227.1 billion in 2018 according to Zenith estimates, Twitter (TWTR) and many of its peers in the digital advertising business have sought to diversify beyond advertising. When Twitter reports its third-quarter results on October 25, there will likely be a lot of investor attention on how its diversification efforts are progressing. Alphabet (GOOGL), Facebook (FB), and Snap (SNAP) are also making efforts to diversify their businesses beyond advertising, which currently accounts for the vast majority of their revenues.
Short interest is moderate for YELP with between 5 and 10% of shares outstanding currently on loan. The $1.05 billion in inflows that ETFs holding YELP received over the last one-month is a decline from earlier in the period and among the weakest of the past year.
The addressable market for meal kit companies like Blue Apron (APRN) and HelloFresh is growing. Blue Apron is expected to report third-quarter results on November 1. Tough competition for customers has contributed to Blue Apron’s woes with the company blaming revenue decline in the second quarter on the decrease in the number of customers it serves.
Twitter (TWTR) is gearing up to report its third-quarter results at a time when it has recently expanded the monetization opportunity for video publishers on its social network. Starting early this month, Twitter began allowing publishers to monetize their videos globally via in-stream advertisements, ads that are inserted into videos and can appear just before the video begins playing. Twitter launched in-stream video ads in the United States in April last year and has since been rolling out the capability to more markets, reaching nearly 20 global markets so far.
Groupon (GRPN) and IBM (IBM) recently settled their differences over patents, putting an end to a dispute that was on the verge of escalating. Groupon agreed to pay $57 million in damages to IBM to settle a jury ruling that had infringed on a number of IBM patents related to e-commerce. The jury awarded $82.5 million in damages to IBM in the case.
Twitter’s (TWTR) advertising business only returned to growth in the past three quarters after several consecutive quarters of decline. The company’s advertising revenue rose 23% YoY (year-over-year) in the second quarter, 21% YoY in the first quarter, and 1.0% YoY in the fourth quarter of 2017. It had been falling for at least the last four consecutive quarters.
Research is a key area for technology companies, and many spend large portions of their revenue on R&D. Baidu (BIDU) has said that it funnels ~15% of its annual revenue to R&D projects. Facebook (FB) and Alphabet (GOOGL) spent ~20% and 15% of their 2017 revenues on R&D, respectively.
Twitter (TWTR) is scheduled to report its third-quarter results on October 25. Twitter’s revenue fell 4.3% YoY in the comparable period last year. Twitter has posted profits in the past three consecutive quarters supported by a combination of revenue growth and cost controls.
Facebook (FB) recently appointed Adam Mosseri to run its Instagram subsidiary. Mosseri is a longtime Facebook executive who began as a product designer at Facebook’s namesake social network in 2008. He was leading Facebook’s newsfeed team before he moved over to Instagram as its product leader, where he worked alongside Instagram founders and executives Kevin Systrom and Mike Krieger.
GrubHub (GRUB) has struck a deal to acquire campus food-ordering platform Tapingo. Tapingo’s platform is used by food outlets on more than 150 college campuses, and it reaches more than half a million student diners. Students use Tapingo to place food orders in advance, and food outlets such as on-campus cafes and restaurants use the platform to accept advance orders, thereby saving time for both vendors and diners.
Short interest is low for YELP with fewer than 5% of shares on loan. The net inflows of $1.70 billion over the last one-month into ETFs that hold YELP are not among the highest of the last year and have been slowing.
Netflix but has been growing its Hollywood presence aggressively, poaching top talent from its legacy studio and network rivals. Now a new report says the streaming giant's outsized salaries are roiling Tinseltown.
VMware (VMW) bought start-up firm CloudHealth Technologies in October 2018. The acquisition provides multi-cloud management support to its customers across different cloud platforms like Amazon AWS (AMZN), Microsoft Azure (MSFT), and the Google Cloud (GOOGL) platform. It will help customers reduce costs and boost efficiency through proper cost management and cost analytics across multiple clouds. It also offers compliance and a secure environment for the different public cloud platform.
Short interest is moderate for YELP with between 5 and 10% of shares outstanding currently on loan. The net inflows of $2.45 billion over the last one-month into ETFs that hold YELP are not among the highest of the last year and have been slowing.
Internet services companies Yext Inc (NYSE: YEXT ) and Trade Desk Inc (NASDAQ: TTD ) havbe earned top-notch ratings from D.A. Davidson, notwithstanding the strong year-to-date gains made by both stocks. ...
Brex will use the fresh capital to debut one of the most popular features of a credit card: a rewards program.
Oracle's dual CEOs each receive pay packages of more than $108 million — or 1,205 times more than the typical employee at the Redwood City-based company. Here's how their paychecks compare to that of the median Oracle employee and those of other Silicon Valley CEOs.
Facebook (FB) disclosed on September 28 that an attack on its computer system exposed the personal information of as many as 50 million people who use its flagship social network, which hosts over 2.2 billion accounts. The attack was the worst in Facebook’s 14-year history, and the company’s founder and chief executive, Mark Zuckerberg, described it as a very serious issue. Facebook fell nearly 3.0% the day the company disclosed the data breach, highlighting investor concerns about the potential implication of the breach on the company’s business going forward.
Snap (SNAP) stock gained as much as 5.0% following reports that Instagram founders are leaving the company, apparently because of tensions with parent company Facebook (FB). Instagram is one of Facebook’s digital properties and a huge threat to Snap’s Snapchat. Instagram has more than a billion monthly users and 500 million daily users.