Snap Inc
Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach toward shares of companies that are about to report quarterly numbers. “In this environment, it’s always going to be fragile on the upside and easy on the downside, because the […]
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Stock futures are flat after Dow reverses course to start a busy earnings week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures were flat after the Dow Jones Industrial Average slumped more than 200 points during Monday’s session, reversing an earlier rally as earnings season continued in earnest. Dow Jones Industrial […]
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5 things to know before the stock market opens Monday
Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Big earnings week More quarterly earnings reports will stream in this week as companies and investors […]
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Here are Friday’s biggest analyst calls of the day: McDonald’s, Netflix, Amazon, Nvidia, Visa & more
Here are Friday’s biggest calls on Wall Street: Edward Jones upgrades Qualcomm to buy from hold Edward Jones said it sees an “attractive” buying opportunity in Qualcomm. “We are upgrading Qualcomm to a Buy from a Hold because we believe the stock does not fully reflect our growth outlook.” Read more about this call here. […]
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Stocks making the biggest moves premarket: Delta Air Lines, Twitter, Snap and more
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta shares slid 2.9% in the premarket after reporting a mixed quarter. The airline earned an adjusted $1.44 per share for the second quarter, shy of the $1.73 consensus estimate. Revenue exceeded estimates on strong travel demand, but margins took a […]
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8 ways the Elon Musk-Twitter saga could end
Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, May 2, 2022. Andrew Kelly | Reuters In the latest twist in the Elon Musk-Twitter saga, the world’s richest man told the social media company he no longer intends […]
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Snap announces Snapchat+ subscription plan that costs $3.99 a month
A man uses the SnapChat app on an Apple iPad Mini. studioEAST | Getty Images Snap announced Wednesday it’s rolling out a $3.99/month subscription plan for Snapchat that unlocks exclusive and pre-release features. It’s called Snapchat+. The announcement comes after Snapchat gave a disappointing sales outlook for the current quarter when it reported first-quarter results […]
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Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs
A ‘We’re Hiring!’ sign is displayed at a Starbucks Mario Tama | Getty Images News | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was up at 4am to prepare for a meeting when his company MacBook abruptly shut down. He later found out he was part […]
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Stocks making the biggest moves premarket: JD.com, Roku, Alibaba and more
Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full year. Adobe is facing headwinds from the war in Ukraine and unfavorable foreign exchange rates, although its most recent quarter did […]
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TikTok exec: We’re not a social network like Facebook, we’re an entertainment platform
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters TikTok is fully aware that Meta CEO Mark Zuckerberg is retooling the Facebook and Instagram apps to be more like its own popular short video service. But TikTok has no interest in […]
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