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Twitter is set to report Q1 earnings days after accepting Musk’s takeover bid
Technology

Twitter is set to report Q1 earnings days after accepting Musk’s takeover bid

Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter is set to report earnings for the first quarter of 2022, in what […]

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Facebook shares spike on better-than-expected quarterly earnings
World

Facebook shares spike on better-than-expected quarterly earnings

Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Shares of Facebook parent Meta jumped 15% in extended trading on Wednesday after the company reported earnings that topped estimates even as revenue was disappointing. Here are the results. Earnings […]

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Pinterest jumps after earnings beat
Technology

Pinterest jumps after earnings beat

Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Pinterest jumped in after-hours trading Wednesday after the social media company reported first quarter 2022 earnings that beat analyst expectations. The stock was up more than 6%. Here’s how Pinterest did versus Refinitiv […]

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YouTube’s huge miss shows digital media ad market is getting hit hard
Technology

YouTube’s huge miss shows digital media ad market is getting hit hard

Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters During the pandemic, YouTube was one of Alphabet’s prime growth engines as more people were glued to their screens while stuck at home. The video site continued its rapid expansion last year as […]

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Musk’s Twitter takeover may boost Facebook, Google and Snap ad revenues
Technology

Musk’s Twitter takeover may boost Facebook, Google and Snap ad revenues

The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Elon Musk’s private takeover of Twitter may boost ad revenue for YouTube, Snap, Meta and TikTok, analysts from several Wall Street firms said in recent notes to investors. Twitter, which announced it accepted […]

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Credit Suisse loves these tech stocks, says 3 have upside of more than 130%
World

Credit Suisse loves these tech stocks, says 3 have upside of more than 130%

Credit Suisse has named a raft of tech stocks it believes will outperform, saying all of them have more than 40% potential upside. Source

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Chinese start-up Nreal is launching its augmented reality glasses in the UK this spring
World

Chinese start-up Nreal is launching its augmented reality glasses in the UK this spring

Attendees look at NReal’s augmented reality glasses, on the last day of CES 2019 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images Nreal, a Chinese augmented reality start-up, is planning to bring its smart glasses to the U.K. The Beijing-based company said Tuesday it will launch its Nreal Air AR glasses in […]

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What a Musk Twitter acquisition could mean for the social media stocks that are left
World

What a Musk Twitter acquisition could mean for the social media stocks that are left

Some analysts think the deal could offer unique benefits to some of the biggest social media stocks in the game. Source

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Stocks making the biggest moves midday: HCA Healthcare, Kimberly-Clark, Gap and more
Business

Stocks making the biggest moves midday: HCA Healthcare, Kimberly-Clark, Gap and more

Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. American Express — Shares of the payment firm dipped 1.1% despite American Express topping earnings expectations for the first quarter. American Express reported a profit of $2.73 per share, versus […]

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Stocks making the biggest moves premarket: American Express, Verizon, Kimberly-Clark and more
Business

Stocks making the biggest moves premarket: American Express, Verizon, Kimberly-Clark and more

Check out the companies making headlines before the bell: American Express (AXP) – American Express rose 1.2% in the premarket after reporting better-than-expected profit and revenue for the first quarter. Amex reported a profit of $2.73 per share compared with the $2.44 consensus estimate, helped by increased spending by millennial and Gen-X consumers as well […]

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