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Twitter ( NYSE: TWTR ) says in its quarterly report SEC filing that it's spent $33.1M in transaction expenses tied to its arranged acquisition by billionaire Elon Musk. The filing, following the company's earnings miss last Friday, offers the company's detailed finan...
New Talkwalker Report Reveals Young People on Twitter are Most Concerned by the Rising Cost of Living PR Newswire Talkwalker, in partnership with Twitter, analyzed over 16.2 million cost-of-living conversations to reveal the impact of rapidly rising costs on global consu...
Snap (NYSE: SNAP) and Twitter (NYSE: TWTR) are two of the market's best-known social media stocks. Snap's Snapchat remains tremendously popular among younger users, while Twitter remains a top soapbox platform for following public figures, brands, and trending topics. Bu...
Few billionaires make the headline as often (at least from a corporate context) as often as Elon Musk. From EV leadership to his crypto influence, Elon Musk has the potential to shake the market, even if only temporarily. And one tool that he most frequently uses to extend and exercise his ...
Google is set to release earnings tomorrow, July 26. The stock boasts an attractive combination of growth and value, making it a great bargain for long-term investors. However it has some equity investments on its balance sheet, and they were down last quarter. Thanks to GAAP ...
Truth Social wants to beat Twitter with an open platform that champions the First Amendment. The company's go-public transaction with Digital World Acquisition has been stalled by several federal investigations. User growth projections are ambitious and have driven strong investor...
The release of quarterly results sparked a massive selloff in shares of Snap ( NYSE: SNAP ) last week. Despite an increase in daily active users and revenues, financial figures from the social media giant pointed to deteriorating platform metrics, leading to a sizable loss for t...
After Snap's below-consensus earnings report, Google sold off more than 5% (-$76 billion market cap). The market is implying a negative cross-read for the world's largest digital advertiser, indicating that recessionary risks weigh on ad budgets. This negative set-up will make Goo...
The market is heading into the most critical earnings season in 2022 at a crucial juncture. However, we believe a high level of disappointment has been reflected. Snap's weak Q2 card didn't break the market's July lows. We are confident that the SPY has likely formed a robust medium-t...
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 $...
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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...