Snap Falls Apart
Snap firing 20% of its staff is another setback for CEO Evan Spiegel.
Snap firing 20% of its staff is another setback for CEO Evan Spiegel.
The futures are higher Monday as we start the final trading week of July after a bounce-back last week, despite Friday’s sell-off. For the week the S&P 500 rallied 2.5% higher, while…
Snap's earnings were so bad that it is hard to see how the company will survive as a standalone public corporation.
After markets close Thursday and before they open Friday morning, these four companies will report quarterly results.
Barclays issued a few calls recently with a focus on big social media stocks.
Analysts at UBS have cut price targets on four ad-supported social media platforms.
Piper Sandler sees a few stocks in the tech sector that could be setting up for a recovery after falling so far.
Thursday's top analyst upgrades and downgrades included Analog Devices, Aptiv, CF Industries, Ford, Mosaic, Park Hotels & Resorts, Patterson-UTI Energy, Pinterest, Plug Power, Salesforce, Snap, Temper Sealy, Tesla, Twilio and Urban Outfitters.
Monday's top analyst upgrades and downgrades included Advanced Micro Devices, Danaher, DoorDash, Freeport-McMoRan, Gap, Gilead Sciences, Huntington Bancshares, Independence Realty Trust, Intuitive Surgical, KeyCorp, Marvell Technology, McDonald's, Medical Properties Trust, Nucor, PayPal,…
Two high-dividend stocks and one social media stock will release March-quarter results Thursday afternoon or Friday morning.
Wednesday's top analyst upgrades and downgrades included Airbnb, Amazon.com, Bank of America, Chipotle Mexican Grill, Comcast, Foot Locker, Kimberly-Clark, Meta Platforms, Novavax, Redfin, Synchrony Financial, Snap, Texas Instruments, Twitter, Visa and Walt…
Monday's top analyst upgrades and downgrades included Amazon.com, Caterpillar, Chevron, Constellation Energy, Deere, DocuSign, Kroger, Nokia, Occidental Petroleum, Peloton Interactive, Rivian Automotive, Snap, Suncor Energy, Uber Technologies and Western Digital.
Wednesday's top analyst upgrades and downgrades included Allstate, Arista Networks, Comcast, DraftKings, GoodRx, Kroger, Live Nation Entertainment, Luminar Technologies, Snap, Sunstone Hotel Investors, Twitter, Voya Financial, Vroom, Waste Management, Workday and Zoom…
Monday's top analyst upgrades and downgrades included Bill.com, Cigna, ConocoPhillips, Estee Lauder, Fortinet, Microchip Technology, Pfizer, Skyworks Solutions, Snap, Snowflake, VICI Properties and Wipro.
While Snap is still a ways off its all-time highs set last year, the firm is making a strong case to buy after this earnings report, and analysts across the board seem…