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Buyer Beware: Oppenheimer Downgrades Twitter, The 'Sixth-Best Social Media Platform'
Monday, September 26, 2016 - 8:27am | 387Shares of Twitter Inc (NYSE: TWTR) jumped 21 percent on Friday, following reports of the company nearing a sale. On Monday, Oppenheimer’s Jason Helfstein downgraded the rating on Twitter from Perform to Underperform, while establishing a $17 price target. Helfstein commented that Twitter...
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Instagram Joins Play Store 1 Billion Install Club, But You'd Be Surprised Who's Not On The List
Monday, August 22, 2016 - 1:55pm | 314Facebook Inc (NASDAQ: FB)-owned Instagram joins just 18 other apps in existence to boast 1 billion downloads on the Google Play Store. According to Android Police, Instagram joins Facebook's core social media app, WhatsApp and Messenger as being members of the 1 billion club. However, the...
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Pinterest The Latest Social Media Platform To Add Video Advertisements
Wednesday, August 17, 2016 - 9:55am | 323It was merely a matter of time before Pinterest joined its social media peers in hosting video advertisements on its own platform. According to a report by the Wall Street Journal, the image-discovery platform will begin displaying promoted videos that can run up to five minutes long. A beta...
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Is Twilio The Hottest Stock In The Market?
Tuesday, August 16, 2016 - 10:36am | 350It's no longer a secret that Twilio Inc (NYSE: TWLO) is one of the hottest stocks in the market. The company surged another 9 percent Monday, and sentiment surrounding the company continues to gain momentum after a positive earnings release. Some analysts have even called this the next Facebook...
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Is The IPO Market Set To Heat Up?
Monday, August 8, 2016 - 4:16pm | 218While the IPO market has been struggling recently, the market is starting to shift, however, and with the recent success of Twllio Inc(NYSE: TWLO)'s recent public offering we could see several new tech IPOs in the near future. The number of companies going public hit a 7-year low in Q1 of 2016,...
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Amazon Moves Cloud Service Focus From Startups Like Lyft To Big Enterprises Like Netflix And Capital One
Thursday, July 14, 2016 - 2:26pm | 346According to the report published Wednesday, Pacific Crest analysts (after attending the summit in Santa Clara) believe Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services (AWS) continues to capitalize on the multiyear secular shift to cloud platforms. "While AWS remains a key enabler within the...
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Don't Underestimate Social Media When Looking For Retirement Advice
Tuesday, July 12, 2016 - 4:43pm | 1339We’re in a technologically saturated world, and while the vastness of social media can seem daunting, there’s something out there for everyone. And with just a little know-how, the top social media sites can be incrementally more helpful than simply keeping up with the latest gossip,...
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Internet Stocks Outperformed The Market During Brexit Week
Friday, July 1, 2016 - 12:23pm | 316Investors appear to have fled to Internet stocks for safety following the Brexit vote, which introduced a lot of volatility and uncertainty in the market. According to Youssef Squali of Cantor Fitzgerald, Internet stocks proved to be "resilient" after a week of "price gyrations." The sector ended...
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Twilio's Market Debut Makes It Best Performing IPO Of The Year
Thursday, June 23, 2016 - 5:14pm | 209Cloud communications company Twilio (NYSE: TWLO) launched its IPO today and the market is reacting positively. The San Francisco-based company was to debut at $15 per share; the stock opened at $23.99 and was up over 86 percent on its first day of trading making it the best performing IPO of...
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Jawbone: Another Company To Join The 'Junk IPO Parade'?
Tuesday, May 31, 2016 - 11:14am | 324Global Equities Research's Trip Chowdhry commented on Jawbone's downfall and possible IPO, referencing Fitbit Inc (NYSE: FIT)'s past "Junk IPO," stating that Jawbone could be just one of the many junk stocks "on parade" that have recently had an IPO. The comments came after Jawbone considered...
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Social Media: Where Are Ad Bucks Spent?
Thursday, May 26, 2016 - 1:39pm | 323Advertising in social media has not only become very popular, but also necessary in today’s world. In fact, those that seek to get by without this tool tend get left behind. As readers might suppose, Facebook Inc (NASDAQ: FB) is the undisputed leader in this market. However, the runner-ups...
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Bob Peck Offers Top 10 Takeaways From PayPal's First-Ever Analyst Day
Thursday, May 19, 2016 - 4:46pm | 611Paypal Holdings Inc (NASDAQ: PYPL) just held its first Investor Day post after its separation from eBay Inc (NASDAQ: EBAY). SunTrust Robinson Humphrey's Bob Peck, who has a Buy rating on the stock, provided the following top 10 takeaways from the event: 1. 'Financial Guidance:...
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What Are Ryan Craver's Retail Picks?
Tuesday, May 10, 2016 - 4:31pm | 405Ryan Craver, vice president of digital and emerging brands at Lamour Group, has identified Shopify Inc (NYSE: SHOP), Costco Wholesale Corporation (NASDAQ: COST) and TJX Companies Inc (NYSE: TJX) as the potential retail plays. Shopify Ottawa, Canada-based Shopify provides a cloud-based and...
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Chowdhry Sees 'Misdirected Optimism' At Facebook, LinkedIn
Monday, April 25, 2016 - 1:51pm | 472Trip Chowdhry of Global Equities Research sees "misdirected optimism" for Facebook Inc (NASDAQ: FB) and LinkedIn Corp (NYSE: LNKD). Chowdhry said he is concerned with the monetization aspect of Facebook, despite acknowledging it as the "strongest social engagement platform." The analyst noted that...
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Fred Wilson On 'The Twitter Contradiction'
Friday, March 4, 2016 - 9:39am | 304There are some negative thoughts on Twitter Inc (NYSE: TWTR) as the social media company is not growing in respect to Facebook Inc (NASDAQ: FB) and today's youth gravitate toward Snapchat and Instagram. But, Fred Wilson of Union Square Ventures presents a different picture in his blog...