Twitter reported lower-than-expected monthly active users, and Wedbush lowered its rating on the stock.

Twitter rose 5% in early trading after posting $US1 billion in 4th-quarter revenue for the second time. Daily active users crossed 192 million in the quarter, but still fell slightly short of analyst expectations. Some negative impact from policy changes made last year were “well worth the effort,” the company […]

Bank of America expects Google and Twitter to outperform tech peers in the first half of 2021 as online advertising bounces back. The bank’s strategists lifted their forecasts for ad spending on Wednesday. Global spending will grow 22% in 2021 to $US411 billion, while US spending will rise 23% to […]

Social media stocks surged on Wednesday after Snap reported third quarter earnings that crushed analyst expectations. Pinterest, Twitter, and Facebook all moved higher as the readthrough from Snap’s earnings report was that advertisers are increasingly switching to digital platforms with strong user engagement. Pinterest’s double-digit surge on Wednesday could also […]

US stocks climbed on Monday as investors digested President Donald Trump’s weekend stimulus orders against China tensions and new coronavirus cases. On Saturday, President Trump signed four executive actions to extend coronavirus aid after Congress failed to come to an agreement last week. US-China tensions escalated when China imposed fresh […]

US stocks slipped on Thursday as weekly jobless claims rose for the first time since March, spurring concern over a prolonged economic recovery. Investors also wateched for signs that Congress will announce more stimulus measures to replace the $US600 weekly unemployment benefit set to expire at the end of July. […]

US stocks slipped on Thursday as weekly jobless claims rose for the first time since March. Investors are also watching for signs that Congress will announce more stimulus to replace the extra $US600 weekly unemployment benefit set to expire at the end of July. Shares of Tesla and Twitter climbed […]

Twitter on Wednesday posted a job listing saying that it is building a subscription platform codenamed “Gryhpon.” Shares of the company surged nearly 12% on Wednesday. “This is a first for Twitter! Gryphon is a team of web engineers who are closely collaborating with the Payments team and the Twitter.com […]

US stocks slipped Thursday after jobless claims data showed another 3.8 million Americans filed for unemployment last week. Shares of Tesla and Facebook surged after reporting earnings. Today, blue-chip companies including Amazon,Apple,Gilead Sciences, Visa, and United will report earnings after market close. Oil prices gained on early signals of a […]

Twitter beat on both the top and bottom lines. The social-media company reported a drop in fourth-quarter monthly active users, marking three consecutive quarters of user decline. Shares fell more than 7%. Its social-media peer Snap, which also suffered a declining number of daily users in the second and third […]

Twitter is “toxic” for women, short-seller Andrew Left said Thursday. He called it “the Harvey Weinstein of social media.” Left cited a study from Amnesty International that claims Twitter fails to “effectively tackle violence and abuse on the platform,” undermining women’s mobilization for equality and justice. He says Twitter’s stock […]

Twitter shares may be topping out, according to Macquarie analyst Ben Schachter. The stock has soared this year, and all of Twitter’s strategy and product improvements are priced in, he says. Plus, there isn’t a new catalyst that will drive further gains for the moment. Watch Twitter trade in real […]

Twitter‘s turnaround from its spam struggles and the 2016 election is going faster than Wall Street has noticed, Goldman Sachs says. The bank raised its price target to $US55 – 25% above current prices. Shares rose 2% following the bank’s price-target increase. Follow Twitter’s stock price in real-time here. Twitter […]

Twitter just hit a three-year high. Shares have been volatile, but are up significantly in the past year. Watch Twitter stock trade in real time here. Twitter closed up 3.41% Monday to settle at $US37.90, its best level in three years. Shares got off to a red-hot start in 2018, […]

Twitter reported first quarter earnings on Wednesday that topped analyst expectations. The company said it earned an adjusted $US0.16 per share where Wall Street had expected $US0.12. Shares rose more than 5% in early trading before giving up their gains. Follow Twitter’s stock price in real-time here. Shares of Twitter […]

Twitter was up more than 4% Thursday, before reversing course after releasing its biannual transparency report. The company said it has removed 1.2 million terrorism-related accounts since August 2015. You can follow Twitter’s stock price in real-time here. Twitter on Tuesday released its 12th biannual “transparency report” which said the […]

Investor concerns about a regulatory impact on Twitter are “overdone,” said JPMorgan analyst Doug Anmuth. Twitter relies more on non-sensitive data than it does on sensitive data, so it’s not terribly exposed to regulatory risk, he said. Anmuth gave a $US36 price target on Twitter, which has been hit hard […]