14.00 -0.02 (-0.14%)
Pre-market: 4:34AM EDT
|Bid||0.00 x 1200|
|Ask||18.51 x 800|
|Day's range||13.72 - 14.17|
|52-week range||10.50 - 21.22|
|PE ratio (TTM)||N/A|
|Earnings date||8 Aug 2018 - 13 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||11.76|
Amazon has leveraged Prime data to build multibillion-dollar online ad business that is growing quicklyMarketWatch photo illustration/Everett Collection, Amazon reported more than $2 billion in revenue from ads and other service offerings in the first quarter. While much has been said about Amazon.com Inc.’s aggressive bets on brick-and-mortar retail, health care and many other industries, the company has quietly built a sizable and growing business in an area dominated by two other tech titans: digital advertising. Advertising pulled in up to $4 billion for Amazon (AMZN) last year, and the company said first-quarter revenue from ads and other service offerings more than doubled this year.
President Bill Clinton is surely unique among James Patterson’s co-authors. The President is Missing has been garlanded with praise from other thriller writers such as Jeffery Deaver and Lee Child. Perhaps they were star-struck by Clinton, for this collaboration brings mixed results.
Snapchat is opening its platform to outside software developers in a push for growth that could also test its commitment to privacy. The move comes in the wake of revelations over the past year that Snap’s larger rival Facebook Inc. shared data about its users more widely than they understood, in part through apps created by outside developers. In response to some of these concerns, Facebook has taken a number of steps to limit the amount of data shared with outside developers.
Tencent’s (TCEHY) appetite for more revenue in the gaming industry has led it into a strategic partnership with an American media production company headed by prolific Hollywood producer J.J. Abrams. Tencent is partnering with Abrams’s Bad Robot to create games for personal computers, consoles, and smartphones. Tencent is the world’s largest video game publisher by revenue.
Shares of Pandora Media Inc. are up 2.1% in Thursday morning trading after the company said it has a new partnership with Snapchat parent Snap Inc. . "Soon, Pandora listeners will be able to send their favorite songs to friends and family through unique song cards that celebrate album art on top of an animated background, and receivers will be able to swipe up to listen directly on Pandora," the music-streaming company said in a release. "This integration will expand Pandora's social sharing capabilities by reaching Snapchat's massive audience while enhancing music discovery across both platforms." The feature will soon be available to U.S. users and is part of Snap's new Snap Kit developer platform.
The Reuters Institute study said that consumers were finding the private nature of messaging services like Whatsapp more appealing.
NEW YORK, June 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The ...
Snap is looking to take advantage of rival Facebook’s recent privacy scandals by introducing a new way for its users to log in to other apps using their Snapchat profiles, without sharing a long list of personal details. The new “Snap Kit” developer platform hopes to replace the “log in with Facebook” buttons that have become a common fixture of thousands of apps and websites.
App Store Official Charts for the week ending June 10, 2018: App Store Top Paid iPhone Apps: 1. Heads Up!, Warner Bros. 2. Minecraft, Mojang 3. Facetune, Lightricks Ltd. 4. Plague Inc., Ndemic Creations ...
Shares of Snap Inc. are up 5.6% in Tuesday trading after a report from S3 Partners highlighted "an avalanche of stock loan recalls" that hit during Monday's session and suggested that borrowing rates could increase due to limited supply. The report from S3's Ihor Dusaniwsky said that more than 5 million shares were recalled on Monday. "If stock loan availability dries up, we can expect a significant amount of short covering driving up Snap's stock price even further from its recent historical low," he wrote.
Facebook (FB) is leaving no stone unturned to attract audience, which is evident from the launch of its exclusive gaming portal, Fb.gg.
Shares of Snap (SNAP) rose 12.5% to close at $13.08 in the week that ended on June 8. Snap stock has generated a return of 19.2% in the last month, and it’s returned -31% in the trailing 12 months after falling 40% in 2017. Snap shares are now trading 25% above its 52-week low of $10.50 and 38% below its 52-week high of $21.22.
In this article I am going to calculate the intrinsic value of Snap Inc (NYSE:SNAP) using the discounted cash flows (DCF) model. Anyone interested in learning a bit more aboutRead More...