Snap Inc - Donnecommebernard

The meta drop gives a false picture of returns. We are increasing our price target

October 31, 2024 | angela | Leave a Comment

Don't let the after-hours market action fool you, Meta Platforms delivered a really strong third quarter and a current quarter revenue report that was above expectations. Revenue rose nearly 19% year-on-year to $40.59 billion in the three months ended Sept. 30, beating expectations of $40.29 billion, according to analyst estimates compiled by LSEG. Third-quarter earnings […]

Amazon's advertising business grew 19% in the third quarter

October 31, 2024 | angela | Leave a Comment

Dominika Zarzycka | Photo only | Getty Images Amazon's Its online advertising business posted third-quarter revenue of $14.3 billion, up 19% year over year, in line with analyst estimates of $14.3 billion. The Seattle tech giant announced the financial results of its growing advertising unit on Thursday as part of its latest earnings report. Amazon's […]

Q3 2024 Meta Earnings Report

October 30, 2024 | angela | Leave a Comment

Meta CEO Mark Zuckerberg testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child Sexual Exploitation Crisis” on Wednesday, January 31, 2024, in the Dirksen Building. Tom Williams | CQ Roll Call, Inc. | Getty Images Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure spending […]

Snap Q3 2024 Earnings Report

October 30, 2024 | angela | Leave a Comment

The head of Snapchat operator Snap, Evan Spiegel, will present the new generation of Spectacles on September 17, 2024 in Los Angeles. Andrei Sokolov | Picture Alliance | Getty Images Snap reported better-than-expected third-quarter results on Tuesday but gave weak guidance for the fourth quarter. The stock rose more than 10% in extended trading. This […]

Stock market today: live updates

October 29, 2024 | angela | Leave a Comment

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images The S&P 500 was flat on Tuesday as investors prepared for key corporate earnings releases, including reports from big-name technology companies. The broad market index hovered just above the flatline during […]