The news headlines in recent months on Meta Platforms (a.k.a Facebook) have been hard on investors. FB has disappointed analysts and investors in recent quarters and the stock slumped Tuesday on the heels of Snap's disappointing numbers. In the daily Japanese candlestick chart of FB, below, we can see that the shares turned sideways the past three months...
Continue ReadingSnap (NYSE: SNAP) issued a warning after the market close on Monday, suggesting that the economic picture was rapidly declining, sending its stock down as much as 41.7%. Pinterest (NYSE: PINS) was hit the hardest, with shares down roughly 22% at 1:30 p.m. ET. Shares of The Trade Desk (NASDAQ: TTD) and Roku (NASDAQ: ROKU) had fallen 19.8% and 18%, respectively...
Continue ReadingBeyond Meat revealed that reality TV icon and billionaire entrepreneur Kim Kardashian will serve as the its "chief taste consultant" as the company looks to bounce back from recent setbacks...
Continue ReadingOvertime CEO Dan Porter joins Yahoo Finance Live to discuss the power of social media for brand building, sports streaming, the pipeline for professional athletes, and the outlook for growth...
Continue ReadingAmid the massive deterioration of macroeconomic conditions, Snap (SNAP) anticipates a reduction in profit and takes measures to reduce costs...
Continue ReadingYahoo Finance’s Ines Ferre joins the Live show to discuss the dip among stay-at-home stocks...
Continue ReadingSnap’s weaker economic outlook sends warning through tech stocks...
Continue ReadingShares of Snap (SNAP) plunged nearly 40% in early trading Tuesday after Snap CEO Evan Spiegel told employees that the company would significantly slow hiring for the rest of the year and warned investors that its revenue wouldn’t grow as fast as expected...
Continue ReadingYahoo Finance Live anchors discuss social media stocks tanking premarket after Snap's CEO warned about earnings...
Continue ReadingThe stock market hasn't been able to put together a convincing rally for a long time, and Tuesday brought another disappointment. After strong gains on Monday, the Nasdaq Composite (NASDAQINDEX: ^IXIC) didn't look like it would be able to sustain gains on Tuesday morning. As of 8 a.m. ET, futures on the Nasdaq were down almost 1.5%...
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