|Bid||38.20 x 1800|
|Ask||38.21 x 900|
|Day's range||38.17 - 38.76|
|52-week range||28.63 - 45.86|
|Beta (5Y monthly)||0.43|
|PE ratio (TTM)||20.49|
|Forward dividend & yield||N/A (N/A)|
|1y target est||35.89|
Leading companies like Uber, Snap, Twitter, Spotify, Match, Chipotle, and Disney reported strong earnings, as the market regained much of the prior week's coronavirus sell off.
Twitter reached a financial milestone, pulling in $1 billion in quarterly revenue for the first time in the company's history, ending 2019 on a bright note. That's according to earnings posted by the social media company on Thursday. Most of the revenue growth came from the United States, where the company is facing scrutiny over efforts to tackle misinformation around the 2020 election. Twitter's also been under pressure to make its platform more user-friendly, and efforts to do so appear to have paid off. Twitter was able to sign up more subscribers. The number of monetizable daily active users rose to a stronger-than-expected 152 million in the fourth quarter, up from 126 million the same period the year before. That led to better-than-expected quarterly sales. But profits disappointed, as did the company's first-quarter sales outlook. Like many social media companies, Twitter is spending more to clean up its platform. Twitter took the bold step of banning political ads, a move its larger rival Facebook has not matched, choosing instead to simply tweak its policy on political ads. Shares of Twitter were on the rise in Thursday trading.
Earnings missed expectations, but sales were better than expected. Monetizable daily active users were 152 million, up 21% and above expectations for 147.5 million. Tight sideways action after today would be ideal.
A social media backlash in the US over data sharing concerns has forced Bayer’s digital farming business to end a partnership with a start-up linking landowners and farmers. Bayer’s Climate Corporation and Tillable felt the full force of “ag Twitter” when many farmers, who use the social media site to exchange information and tips, raised concerns about data sharing between the two after the farmland rental platform sent marketing letters to landowners saying they could help them secure higher rents.
The most concerning ads on social media are not necessarily false but rather those “posing as articles,” says Vivek Shah, who runs J2 Global, an advertising and media company that owns sites including Mashable, IGN, and PCMag.
Social media group Facebook generated $25.57 per person last year rather than $7.38, while rival Twitter generated about $24, rather than $5.68 as incorrectly stated in an article on February 5. Copyright ...
Spain's ultra-conservative Vox party has filed a criminal complaint in a Spanish court against Twitter, alleging the social media company violated its basic rights by blocking it from tweeting, Vox said on Friday. Twitter disabled the tweet function on Vox's official account in Spain more than two weeks ago, after - in an apparent reference to a gender equality programme for schoolchildren - the account sent out a post accusing the governing Socialists of using public money to encourage paedophilia.
The latest U.S.-China trade war news. Quarterly earnings results from the likes of Twitter. The episode then dives into an Uber Q4 earnings preview, before it closes with why Western Digital is a Zacks Rank 1 (Strong Buy) stock...
Twitter's (TWTR) fourth-quarter 2019 results reflect solid user growth, driven by relevant content and improving security of the platform.
Twitter (TWTR) delivered earnings and revenue surprises of -10.71% and 1.00%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Twitter recorded most of its revenue growth in the United States, a major market where the company will face scrutiny this year over how it tackles misinformation ahead of the presidential election in November. Twitter has also focused on relevant content and notifications, which has boosted average monetizable daily active users (mDAU), or users who see ads when logged in through twitter.com or Twitter applications. Quarterly revenue https://fingfx.thomsonreuters.com/gfx/editorcharts/TWITTER-RESULTS/0H001R89JBSE/index.html?eikon=true grew 11% from a year earlier to $1.01 billion, also beating the expectation of $996.7 million.
In a packed Wednesday with a handful of earnings announcements, investors will pay close attention to results from social media company Twitter and ride-sharing giant Uber.
Alphabet's quarter was marred by lower-than-expected YouTube volumes, but there were plenty other stories that increases confidence in the technology sector.