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With the coronavirus shutdown boosting social media use and a move into online gaming, Facebook is well positioned to withstand declining ad demand.
Snapchat’s augmented reality technology could change analysts’ and investors’ views of Snap stock.
Facebook created a new, independent oversight board last week and issued a quarterly report on how it has been removing unacceptable content. Will that make any difference?
Thanks to shelter-in-place orders around the globe, Facebook usage is way up. But the tech giant faces strong headwinds due to declines in advertising.
A new poll shows young people spending more time on image-focused sharing sites like Snapchat, to the detriment of Facebook and Twitter.
Twitter reported first-quarter earnings that included solid revenue growth and a modest beat on earnings per share. However, the good news for investors may be in a new focus on profit.
Facebook reported $1.71 in earnings per share (EPS) and $17.44 billion in revenue for the first quarter compared with consensus estimates that called for $1.74 in EPS and $17.48 billion in revenue.
Facebook is set to report its most recent quarterly results after the markets close on Wednesday and expectations are high.
After Snap released first-quarter financial results late Tuesday, investors and analysts were in agreement, as the former sent the stock higher and the latter raised their target prices.
After markets closed Tuesday, Snap reported a net loss of $0.08 per share and $462 million in revenue, compared with consensus estimates that called for a net loss of $0.07 per share and $431.43...
Snap is set to report its first-quarter financial results after the markets close on Tuesday. Analysts anticipate another net loss.
Facebook is getting into mobile gaming yet again, as the social media giant has announced an app to capitalize on this growing trend.
A significant part of the downturn in social media share prices is likely attributable to investors' belief that these companies lost ad revenues in March and are likely to lose more.
Although Snap stock has sold off in the wake of the coronavirus outbreak, this online chat platform may offer an investment avenue to ride out this pandemic.
In general, social media stocks should do well when millions of Americans are locked down at home. Where does Snap go from here?