| (USD) | Dec 2022 | Q/Q |
|---|---|---|
| Revenue | 1.3B | +15% |
| Gross Profit | 818.4MM | - |
| Cost Of Revenue | 481.3MM | +3% |
| Operating Income | -287.6MM | -34% |
| Operating Expenses | 1.1B | - |
| Net Income | -288.5MM | -20% |
| R&D | 584.9MM | +4% |
| G&A | 225.9MM | -14% |
| Marketing | 295.1MM | +9% |
| Amortization | 24.8MM | +19% |
| Interest Expense | 5.3MM | -2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
(Bloomberg) -- When it comes to social-media stocks, there’s Meta Platforms Inc., and then there’s everyone else.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapTesla Soars as Musk’s Cheaper EVs Calm Fears Over StrategyThe Facebook parent has been the best-performer
Here, we take a sneak peek into how these internet stocks - OPRA, SNAP, GOOGL, VRSN, APPF and TEAM - are poised ahead of their earnings releases.
Social network Snapchat (NYSE: SNAP) will be announcing earnings results tomorrow after market hours. Here's what to look for.
Easel is a new startup that sits at the intersection of the generative AI and social trends, founded by two former employees at Snap. The company has been working on an app that lets you create images of yourself and your friends doing cool things directly from your favorite iMessage conversations. There’s a reason why I mentioned that the co-founders previously worked at Snap before founding Easel. While Snap may never reach the scale of Instagram or TikTok, it has arguably been the most innova
Although the broader advertising industry will not be immune to inflationary pressures among other economic headwinds, digital marketing has continued to strengthen making social media stocks attractive.
If TikTok actually gets banned in the U.S., expect the benefits to mostly accrue to those who need them the least. The House passed a measure over the weekend that would require either the divestiture or ban of the Chinese-owned social media app within a year. The Senate is widely expected to approve the measure, and President Biden has publicly committed to signing it.
(Bloomberg) -- Snap Inc. is leaning in on covering the US elections, tapping into its deep user base of eligible voters even as larger rival Meta Platforms Inc. downplays political content prominence on its social media sites.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsRay Dalio’s Famous Trade Is Sputtering and Investors Are BailingStocks Climb as US Earnings Kick Into High Gear: Markets WrapUS
Besides Wall Street's top -and-bottom-line estimates for Snap (SNAP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
SNAP's first-quarter 2024 results are likely to reflect the steady usage of the Snapchat platform, boosted by growing AI efforts and subscribers.
A law banning China-owned TikTok grew more likely, with its hitching to an aid bill for Ukraine and Israel set for a Saturday vote. Washington watchers put high odds on the ban going to the Senate next week, and then the White House for signing. “It’s going to pass this weekend, unless something really weird happens,” says Paul Gallant, of TD Cowen’s Washington Research Group.