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Snap Inc. (SNAP)
After hours:
- Barrons.com
A TikTok Ban Now Looks More Likely
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.
- Yahoo Finance Video
Markets: Nasdaq closes 180 lower, losses seen across tech
Stocks (^DJI, ^IXIC, ^GSPC) reversed course throughout Wednesday and ended up closing the session lower. The Nasdaq Composite fell by over 180 points. Market Domination Overtime Host Julie Hyman reviews the day's trading activity, eyeing the performance of tech leaders Nvidia (NVDA) and Snap Inc. (SNAP). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
JPMorgan names Amazon 'best idea' in 2024
As the first quarter earnings season progresses, analysts at JPMorgan (JPM) have taken a bullish stance on the internet sector. The investment bank is particularly positive about names like Netflix (NFLX), Meta (META), and Uber (UBER). However, JPMorgan's top pick among the group is Amazon (AMZN), which the firm calls its "best idea" for 2024. Yahoo Finance's Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
