Nomura

Apart from a bottom-line decline, Twitter Inc (NYSE: TWTR) beat most other expectations for its fourth-quarter earnings. Management recorded a 21% increase in global monetizable daily active usage (mDAU) — representing a fourth consecutive quarter of acceleration — and 29% rise in ad...

Match Group Inc (NASDAQ: MTCH) reported disappointing revenue for the fourth quarter of 2019 due to increased Tinder churn resulting from changes to the cancellation flow in the new iOS 13. The iOS cancellation issues will abate and estimates may be revised higher as the year progresses, according...

Last year was a decent year for Nomura’s digital portfolio, one marked by margin expansion and strong top- and bottom-line estimates. However, Nomura expects more turbulence throughout 2020. Analysts Mark Kelley and Andrew Marok lean conservatively on the sector as the Street has, on average...

Netflix Inc (NASDAQ: NFLX) this week reported higher-than-expected subscriber figures in Latin America, but room for more growth in the Asia-Pacific region, Nomura Instinet said. The Analyst Mark Kelley kept a Neutral rating and $330 price target on Netflix. The Thesis Netflix issued an 8-K filing...

Match Group Inc (NASDAQ: MTCH) reported its third-quarter results ahead of expectations, but seems to be headed toward a lighter end to the year, according to Nomura. The Analyst Nomura’s Mark Kelley maintained a Buy rating on Match Group with a price target of $88. The Thesis Match...

Image-sharing social media platform Pinterest Inc (NYSE: PINS) disappointed the Street with its third-quarter report, but at least three analysts are defending the company. The Analysts DA Davidson analyst Tom Forte upgraded Pinterest's stock from Neutral to Buy with a $28 price target....

Tech reporting season has kicked in, with several high-profile companies reporting this week. Semiconductor and semi equipment companies are expected to report a 30% year-over-year drop in earnings this quarter, according to estimates compiled by Factset. Chip giant Intel Corporation (NASDAQ: INTC...

Snap Inc (NYSE: SNAP) exceeded Street estimates for third-quarter revenue, daily active users (DAUs), average revenue per user (ARPU) and earnings before interest, tax, appreciation and amortization (EBITDA). “Importantly, we believe that Snap's platform and business have both improved...

Investors 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...

Etsy 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...

The excited vision of the 5G future may be clouding assessment of the near-term reality for Apple Inc. (NASDAQ: AAPL) and upcoming iPhone sales, Nomura Instinet said Thursday as it trimmed estimates on smartphone sales and 2020 earnings. The Analyst Nomura Instinet’s Jeffrey Kvaal remained...

Automotive parts supplier company BorgWarner Inc. (NYSE: BWA) is well positioned to take full advantage of the global electrification trend, and investors should be buyers of the "attractively priced" stock, according to Nomura. The Analyst Nomura analyst Anindya Das initiated coverage of...

The Federal Reserve has "some explaining to do" if it speeds up the pace of interest rate cuts, CNBC quoted Chris Rupkey, chief financial economist at MUFG, as saying in a note. What Happened The Federal Reserve's recent interest rate cut in late July looks "more out of line...

Swedish 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,...

Facebook, Inc. (NASDAQ: FB) reported second-quarter results that exceeded expectations. Daily active users (DAUs) of 1.59 billion and monthly active users (MAUs) were consistent with the Street's expectations, but average revenue per user (ARPU) of $7.05 beat estimates of $6.87. The company...