Amazon the Latest in Huge Tech Layoffs, Just the Start or A Healthy Rationalization?

In this down cycle of the economy, more specifically the growth sector, technology has been particularly hit. These companies were some of the most to benefit from the low interest rates, work from home, no fear bull market. It stands to reason when that sector falls apart with the dramatic rise in interest rates. This week it was announced Amazon plans to lay off approximately 10,000 people in corporate and technology jobs as soon as this week. This would be … Continue reading “Amazon the Latest in Huge Tech Layoffs, Just the Start or A Healthy Rationalization?”

Relief For Twitter With Modest Apple iOS 14.5 Impact & Positive Q4 Guidance

Social media company Twitter reported worse than expected third quarter earnings Tuesday with a net $537 million loss. However $TWTR revenue growth outpaced the increase in users. Apple’s iOS 14.5 privacy change impact on Q3 revenue compared with Q2 “remained modest.”

Twitter Disappoint With Weak User Growth and Advertising Revenue Growth Concerns

Social media company Twitter reported better than expected third quarter earnings Wednesday beating on revenue and earnings BUT missed on key user metrics sending the stock down 17%. Investors are concerned for advertising revenue growth with $TWTR blatant political meddling.

China Social Media and Dating Firm Momo Active Users Growth Continues

China based mobile based social media company Momo Inc. reported better than expected third quarter earnings before the open Tuesday. Total paying users of its live video service and value-added service grew 7% year-over-year.

How Effective Are President Trump’s Tweets in Moving Market Expectations.

President Trump is a proficient tweeter, but is he an efficent tweeter. If you trade you are well aware of the affect and volatile reaction. However do the tweets move the markets as much as you think? Goldman did a study and shared the results. What moves the markets?

Twitter Earnings Beat With Rise in Advertising Engagement Revenue

Social media company Twitter reported better than expected first quarter earnings Tuesday beating on revenue and earnings sending the stock up 17% in a short market. Performance was boosted from marked rise in ad engagements and fall in cost per engagement.

Twitter Advertising Revenues and Engagements Boost Earnings

Social media company Twitter reported better than expected third quarter earnings Thursday beating on revenue and earnings sending the stock up 14% in a short pre-market.  Concern is about rising traffic aquisition costs and user retention remains however.