44.99 +0.25 (0.56%)
After hours: 6:26PM EDT
|Bid||44.50 x 40000|
|Ask||44.74 x 2200|
|Day's Range||44.22 - 45.48|
|52 Week Range||36.41 - 51.33|
|PE Ratio (TTM)||25.52|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||50.35|
If the performance results Twitter (TWTR) has released in recent quarters are anything to go by, it makes sense that the company would want to invest more in video, as its video executive recently suggested regarding the addition of more sports content. Twitter’s advertising and companywide revenue returned to growth after the company announced several dozen new video agreements. Twitter’s advertising revenue jumped 23% YoY (year-over-year) to $601 million in the second quarter following a 21% YoY rise in the second quarter and a 1.0% YoY rise in the fourth quarter of 2017.
In the wake of the Facebook (FB) privacy scandals earlier this year, Twitter (TWTR) had to explain that its data licensing business was not built on secrets that could unravel, put the company to shame, and break down its high-margin data business. The resilience of Twitter’s data licensing business was showcased in the second quarter, during which growth in the business actually accelerated despite the privacy concerns stirred up by Facebook’s data scandals and the stricter data privacy rules that went into effect in Europe in May. Twitter sees no privacy risk to its data licensing business because it sells access only to public data. Twitter’s revenue from licensing data and other non-advertising operations rose 29% YoY (year-over-year) to $109 million in the second quarter.
If Twitter’s (TWTR) latest quarterly results contained any lesson, it was that the company is prioritizing cleaning up its platform over driving user growth. As if losing a million monthly users in the second quarter wasn’t enough, Twitter went on to say that its number of monthly users could fall further in the third quarter due to a confluence of factors, including its crackdown on fake accounts and the stricter privacy rules that took effect in Europe in May. Facebook (FB) blamed Europe’s new privacy law for its slow user growth in the second quarter. Twitter has been shutting down automated accounts set up with malicious intentions, such as spreading hate speech and false news.
Twitter (TWTR) shares fell the most in four years after the company reported that its number of monthly active users (or MAUs) had fallen in the second quarter. Twitter has recently stepped up its efforts to clean up its platform, particularly by shutting down bogus accounts. While investors have typically focused on Twitter’s monthly audience, the company believes that its daily audience is a better measure of its success.
Many of Silicon Valley's biggest tech companies pay a typical worker well into the six figures — or in the case of Facebook, a whopping $240,430. That's $43,000 more than what a typical Googler makes, according to our latest analysis.
Lafayette-based Branagh Development hopes to add to the rising skyline in Oakland's Jack London Square. Branagh recently filed a pre-application for 84 units at 220 Alice St., now a two-story building owned by a former meat shop called Prime Smoked Meats Inc. The developer also has 83 units under construction at at 401 29th St. in Oakland and has completed developments in Walnut Creek and Lafayette. In March, CIM Group broke ground on 333 units at 40 Harrison St. Meanwhile, Carmel Partners is adding another 330 units at 425-430 Madison St., and Mill Creek Residential has 134 units under construction on 2nd Street between Franklin and Webster streets.
YY Inc (YY) posts better-than-expected earnings and revenues in second-quarter 2018, courtesy of robust contribution from the live streaming segment.
Yelp Inc (NYSE:YELP) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the caseRead More...
On a day when hyper-growth tech stocks Roku (NASDAQ:ROKU) and Yelp (NASDAQ:YELP) reported strong numbers and shot up more than 20%, it is easy for casual market observers to look over Jack in the Box’s (NASDAQ:JACK) third quarter earnings report. JACK stock is really heating up. Jack in the Box reported a very strong double-beat quarter wherein comparable sales growth finally came back into positive territory after a multi-quarter stint below zero.
Yelp (YELP) shares hit a new high following the release of its second-quarter results, which were driven by growth in ad revenues.
Yelp Inc. shares soared to a new 52-week high Thursday, after an earnings beat defied pessimism about the online-reviews site’s move to shorter-term advertising commitments.
NEW YORK, NY / ACCESSWIRE / August 10, 2018 / Roku and Yelp were two of the biggest winners in the market in Thursday trading, both soaring after solid second quarter financial results. Roku, Inc. shares closed up 21.31% on about 39 million shares traded yesterday. For the quarter, Roku reported a profit of $526 million, compared with a loss of $15.5 million a year ago.
Yelp Inc. shares gained about 29% in trading Thursday after the online review company had record growth in paying advertising accounts and stronger-than-expected ad revenue in its latest quarter. San Francisco-based Yelp said the growth was driven by increasing its sales force and ending a requirement for business customers to commit to a fixed time period for ad spending. Yelp said Wednesday that advertising revenue in the second quarter grew 21% from the prior-year period to $226 million.
Stocks that moved substantially or traded Thursday: Rite Aid Corp., down 20 cents to $1.54 The drugstore chain ended its deal to sell itself to the Albertsons grocery chain for $24 billion. Yelp Inc., ...
Yelp and Norwegian Cruise Lines were early advancers on Thursday, as chips stocks dived on downgrades and Booking Holdings weighed heavy on early trade.
Roku stock was a top gainer on Wall Street Thursday as the Nasdaq drew closer to an all-time high. Roku was one of several stocks that gapped up on earnings.
What a killer earnings result it was from Roku (NASDAQ:ROKU) and investors are having no reservations about bidding it up in response. Now rallying right into its prior high, keep an eye on Roku. Besting Roku on the day was Yelp (NASDAQ:YELP), which closed higher by nearly 30% vs Wednesday’s close.
Today’s topics include Tesla troubles, Amazon health care, sports betting at Buffalo Wild Wings, and the Florida teacher with the same name as a professional golfer who found $154,000 of winnings in his bank account. Catch The Final Round at 3:55 ET p.m. with Yahoo Finance’s Jen Rogers, Rick Newman, Dan Roberts, and Jared Blikre.