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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Social media stock Snap (NYSE: SNAP ) had a terrible earnings report. Analysts responded by downgrading the shares. Some 14 analysts downgraded Snap after its earnings came in well below estimates. Snap said it lost $...
Twitter ( NYSE: TWTR ) shares fell almost 3% Monday as investors and Wall Street analysts continued to asses the social-media giant's position in the wake of its recent quarterly results and ongoing battle with it potential acquirer, Elon Musk. On Friday, Twitter ( TWTR ...
Twitter never was especially attractive, and it has gotten worse. More or less every metric is moving in the wrong direction. TWTR's revenue is declining, revenue per user is declining, and expenses are exploding upwards. Twitter is, I believe, not worth $44 billion at all. And ye...
Stocks dropped on Friday as a handful of high-profile earnings disappointments triggered profit-taking after a three-day winning streak. The Nasdaq led the retreat, falling by 1.9%. Verizon ( VZ ) and Snap ( NYSE: SNAP ) were among the major post-earnings decliners. VZ plung...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s hard to go a day without seeing infamous billionaire and CEO, Elon Musk, in the news. On a whim he will often make statements that can not only move markets… but sometimes gets him in a little bit of trou...
It's earnings season again, and once again a young (or not-so-young) tech investor's mind turns to ... Snap's ( NYSE: SNAP ) latest results possibly setting the table for yet another rough quarter for key technology names. Snap's shock warning in May that it would miss the l...
Snap ( NYSE: SNAP ) shares hit a new 52-week low on Friday, losing nearly 40% of their value, after the social network and camera company posted second-quarter results that some analysts said were "remarkably disappointing," and caused several of them to downgrade the st...
Twitter ( NYSE: TWTR ) is holding up relatively well Friday, flat at $39.52 and dodging Internet rivals' much heavier stock declines even after its second-quarter report missed Street expectations, as investor focus inevitably remained on its high-profile billionaire battle....
Twitter ( NYSE: TWTR ) shares straddled their breakeven point on Friday after the company said issues with the advertising industry and its possible acquisition by billionaire Elon Musk caused it to report second-quarter results that missed expectations. For the period e...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: First Class Photography / Shutterstock.com Today is a happy one for investors in American Express (NYSE: AXP ) stock. American Express just issued its second-quarter 2022 earnings results. As it turns out,...
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2023-07-24 06:39:41 ET The little-known X token is riding on Elon Musk’s Twitter, Inc. ( NYSE:TWTR ) rebrand to X.com. It registered a monster 4004% surge in the early hours of Monday morning before pulling back. Although the token had dropped by more than 3000% in the past f...