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Hey Google! Sell-Side Sentiment Solid After Alphabet's Q3 Earnings Disappoint
Tuesday, October 29, 2019 - 11:20am | 782Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares dipped 2% on Tuesday after the company’s third-quarter earnings report fell short of Wall Street expectations. Google’s parent company reported third-quarter EPS of $10.12, below consensus estimates of $12.42. Revenue of $40.5 billion...
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'This Will Take Time To Fix': Wall Street Weighs In On Twitter
Friday, October 25, 2019 - 11:15am | 725Twitter Inc (NYSE: TWTR) has been one of the biggest disappointments in a relatively strong start to earnings season, with shares plummeting more than 20% following its third-quarter print. Twitter blamed platform bugs and advertising headwinds for its earnings and revenue misses in the third...
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International Subscriber Growth Keeps Analysts Mostly Still Tuned In To Netflix
Thursday, October 17, 2019 - 3:39pm | 782Will Netflix Inc. (NASDAQ: NFLX) be able to fend off new competition and continue to grow subscribers? It wasn't looking so good a few months ago, but after a rebound in subscriber growth in the third quarter led by overseas customers some analysts are thinking: Stranger Things have happened....
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What To Expect From Q3 Internet Earnings
Wednesday, October 9, 2019 - 4:24pm | 944The tech sector has had a lackluster quarter performance-wise since the beginning of second-quarter earnings season. Tech bulls are hoping the sector can get back on the right track when third-quarter earnings season kicks off with Netflix, Inc. (NASDAQ: NFLX) on Oct. 16. Nomura Instinet analyst...
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Nomura: Don't Break Up With Match Group Over FTC Lawsuit
Monday, October 7, 2019 - 3:12pm | 369Investors should consider giving Match Group Inc. (NASDAQ: MTCH) some love, another sell-side analyst said Monday, predicting a federal lawsuit over its marketing won’t cause any long-term heartbreak. The Analyst Nomura Instinet’s Mark Kelley upgraded Match Group from Neutral to Buy and...
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Nomura Is Bullish On Etsy, Positive On Reverb
Friday, October 4, 2019 - 1:13pm | 338Etsy Inc (NASDAQ: ETSY) has received a new initiation of coverage. The Analyst Nomura Instinet analyst Mark Kelley initiated coverage on Etsy's stock with a Buy rating and a $70 price target. The Thesis Kelley said Etsy has demonstrated consistent management execution since 2017, and has...
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Winners And Losers From Nomura CIO Spending Survey
Monday, September 23, 2019 - 4:30pm | 617Nomura Instinet released its bi-annual survey of CIO spending, and the analyst team led by Jeffrey Kvaal, Christopher Eberle, Mark Kelley and David Wong selected their top winners and losers from the latest trends in IT budgets. Nomura said the good news for tech investors is that the trade...
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Nomura Upgrades Chewy, Says 'Valuation Now More Attractive'
Monday, September 23, 2019 - 12:58pm | 478After initially popping as high as $39 per share following its summer IPO, Chewy Inc (NYSE: CHWY) shares are down 14% in the past three months as excitement over the pet supply stock has cooled. On Monday, one analyst said it’s finally time to start scooping up Chewy shares now that the stock...
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Nomura Bullish On InterActiveCorp, Cautious On ANGI Homeservices After Quarterly Reports
Friday, August 9, 2019 - 3:58pm | 649Nomura Instinet is staying bullish on IAC/InterActiveCorp (NASDAQ: IAC) after its second-quarter report Wednesday and word that IAC is considering shedding its publicly traded subsidiary ANGI Homeservices Inc (NASDAQ: ANGI) — which was the only real drag on IAC during the quarter. That...
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Match Group Turns In Strong Quarter With Tinder, Overseas Success
Thursday, August 8, 2019 - 3:40pm | 566Match Group, Inc. (NASDAQ: MTCH) had an attractive-looking quarter, but analysts weren’t quite ready to swipe right. Match had a solid beat with positive Tinder trends driving top-line year over year growth of 18%. Tinder use growth was up by 46% over the same quarter last year as customers...
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Investors, Analysts Still Tuned In To Spotify
Friday, August 2, 2019 - 7:45am | 673Swedish music streaming company Spotify Technology SA (NYSE: SPOT) stock rebounded on Thursday after a Wednesday sell-off that followed a bigger-than-expected earnings loss and low subscription numbers. Sell-side analysts also weren’t tuning out Spotify’s long-term prospect,...
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Should Investors Follow Twitter's Stock Near 52-Week Highs? The Street Weighs In
Monday, July 29, 2019 - 1:05pm | 549Twitter Inc (NYSE: TWTR) traded near its 52-week highs Monday morning after the company reported encouraging second-quarter results Friday. Twitter reported a top- and bottom-line beat in the quarter along with multiple encouraging metrics that signal the platform is experiencing growth. Some...
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Snap's Big Q2 Not Strong Enough For Some Analysts To Turn Bullish
Wednesday, July 24, 2019 - 10:31am | 612Snap Inc (NYSE: SNAP) reported a better-than-expected second-quarter earnings print, which prompted several analysts to lift their price targets on the stock but shied away from turning bullish. The Analysts Nomura Instinet's Mark Kelley maintains a Neutral rating on Snap with a price target...
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Is Netflix Becoming Too Expensive?
Wednesday, July 10, 2019 - 10:57am | 583Netflix, Inc. (NASDAQ: NFLX) has another competitor on the way with the Tuesday unveiling of AT&T Inc. (NYSE: T)'s upcoming HBO Max streaming service. With Hulu and YouTube upping their game and Walt Disney Co (NYSE: DIS) set to launch Disney+ in November, Netflix investors concerned...
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Legal Expert Breaks Down Antitrust Risk For Big US Tech Stocks
Thursday, June 13, 2019 - 1:12pm | 545One of the biggest uncertainties for U.S. tech stock investors these days is the growing uncertainty surrounding potential antitrust action. Companies like Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Apple, Inc. (NASDAQ: AAPL) and Alphabet, Inc. (NASDAQ: GOOG)(NASDAQ: GOOGL) have...