TWTR - Twitter, Inc.
| Previous close | 35.72 |
| Open | 35.88 |
| Bid | 35.28 x 1100 |
| Ask | 35.29 x 800 |
| Day's range | 34.86 - 35.76 |
| 52-week range | 20.00 - 45.86 |
| Volume | 13,004,640 |
| Avg. volume | 23,065,559 |
| Market cap | 27.696B |
| Beta (5Y monthly) | 0.79 |
| PE ratio (TTM) | 21.91 |
| EPS (TTM) | 1.61 |
| Earnings date | 23 Jul 2020 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 30.57 |
- Financial Times
The fuss about JK Rowling
My guess is at least half of you will not know what I’m talking about when I mention the furore over the letter published this week in Harper’s Magazine. About 150 public intellectuals, academics and writers, including JK Rowling, signed a letter in defence of freedom of speech that was published by Harper’s on Monday. To paraphrase, the growing habit of public shaming, cancel culture and punishment for errant speech is creating a chilling effect on freedom of expression on campuses, in newspapers and the publishing industry and in society at large.
- Zacks
Twitter (TWTR) Catches Eye: Stock Jumps 7.3%
Twitter (TWTR) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
- Motley Fool
Is Twitter Jumping on the Subscription Bandwagon -- or Not?
The advertising market is taking a hit from COVID-19, and a paid subscription tier for power users could help mitigate those impacts.
- FX Empire
Twitter Shares Climb On Subscription Service Speculation
Twitter shares hit a one-month high on Wednesday amid speculation that the social media giant may be launching a subscription service.
- Reuters
Twitter hiring engineers to build new subscription platform
The selected web engineers will join a team, codenamed "Gryphon," and work closely with Twitter's payments and the Twitter.com teams, according to the listing https://bit.ly/3fdbfjU. Twitter said this subscription platform would be "a first" for the company and might be reused by other teams in the future. The company briefly edited the job listing to remove references to "Gryphon" and the "subscription platform".
- Motley Fool
Twitter May Be Looking at a Premium Tier
Twitter (NYSE: TWTR) has revealed in a job listing that it is building a subscription platform using the code name Gryphon and is looking for a "full-stack engineer to lead the Payment and Subscription client work." "We are building a subscription platform, one that can be reused by other teams in the future," Twitter said in the job posting. Another job posting, which is no longer accepting applications, added that "the team will be collaborating to rebuild some of Twitter's services to produce a subscription management platform" and that "the Payments platform is a cross organizational collaboration between different teams at Twitter."
- Yahoo Finance
Facebook is operating like a public utility and has 'huge blind spots': NAACP CEO
Does Facebook have a culture problem? NAACP CEO Derrick Johnson weighs in.
- Yahoo Finance
We met with Facebook CEO Mark Zuckerberg and COO Sheryl Sandberg and we got nothing: NAACP CEO
Yahoo Finance speaks with NAACP CEO Derrick Johnson about Facebook's misinformation problems.
- Motley Fool
Stock Markets Tread Water as Twitter Subscription Rumors Swirl; Lennar Rises on Housing Hopes
Helping to lead stocks higher, social media giant Twitter (NYSE: TWTR) was up 6%, while homebuilder Lennar (NYSE: LEN) picked up 5%. Twitter shares have rebounded sharply during July, rising nearly 20% in just over a week's time. Rival Facebook (NASDAQ: FB) has gotten the most attention, as dozens of high-profile companies have pulled advertising from its platforms because of Facebook's failure to address concerns about hate-speech posts.
- Motley Fool
Why Twitter Stock Jumped on Wednesday
Following news of a new job posting on Twitter's website that said the company was building a subscription platform code-named "Gryphon," investors speculated on Wednesday about a potential new revenue opportunity for the company. "This is a first for Twitter!" the job post said about the subscription platform it was building. While it's impossible to know from this information just how ambitious Twitter's potential subscription plans are, it is definitely notable to see the company hiring for a new subscription platform.
- Financial Times
Silicon Valley weighs whether to leave Hong Kong
A sweeping new law from Beijing that aims to bring Hong Kong’s internet under its control has left Silicon Valley scrambling, with at least one Big Tech company considering a total retreat from the territory. The national security law passed last week effectively moves Hong Kong’s internet within China’s Great Firewall, giving police the power to censor the web and potentially arrest the managers of tech companies who refuse to hand over data on users. In response, Facebook, Twitter, Google, Zoom and Microsoft’s LinkedIn have all said they will “pause” any requests for data from law enforcement while they review their legal positions.
- AFP
Facebook, Google, Twitter pause user info requests from HK govt
Facebook, Google and Twitter said Monday they have put a hold on requests by Hong Kong's government or police force for information on users, following China's imposition of a sweeping new security law. The pause at leading online social network Facebook and its popular messaging service WhatsApp would remain in place "pending further assessment" of the new national security law, and would include "formal human rights due diligence and consultations with human rights experts," a Facebook spokesman said in a statement.
- Yahoo Finance
At the heart of Trump's Twitter spat, a 'shocking level of bipartisan support' for Big Tech change
Democrats and Republicans have voiced increasing antipathy over Section 230 -- and it could mean costly political trouble for Facebook, YouTube and Twitter.
- Yahoo Finance
Facebook has an incredible challenge in front of it: Goldman Sachs strategist
Facebook won't overcome the yawning advertiser revolt in response to hate content overnight, suggests a Goldman Sachs strategist that specializes in tech investing.
- Reuters
U.S. tech giants suspend review of Hong Kong data requests, TikTok to pull out
Facebook, which also owns WhatsApp and Instagram, said in a statement it was pausing reviews for all of its services "pending further assessment of the National Security Law." Google, a unit of Alphabet Inc <GOOGL.O>, and Twitter said they suspended their reviews of data requests from Hong Kong authorities immediately after the law went into effect last week.
- Zacks
Twitter (TWTR) Gains But Lags Market: What You Should Know
Twitter (TWTR) closed the most recent trading day at $30.87, moving +0.19% from the previous trading session.
- Yahoo Finance
Gary Vaynerchuk: Most advertisers don't know what they want Facebook to do about hate speech
Marketing veteran and entrepreneur Gary Vaynerchuk weighs in on the controversy swirling around Facebook.
- Yahoo Finance
Facebook may be headed to the 'graveyard of dinosaurs': former Unilever CEO
Imagine co-founder and former long-time Unilever CEO Paul Polman speaks out on Facebook's recent actions.
- Zacks
#StopHateforProfit Strains Ad Revenues: 3 Stocks at Risk
StopHateForProfit campaign is gaining steam with 180 advertisers having boycotted Facebook. Google and Twitter are undertaking initiatives to prevent themselves from facing the similar wrath.
- Yahoo Finance
This demographic tends to rely on news to make money decisions
Older Americans rely more heavily on news and current events to make financial decisions than the younger generation, according to a new Yahoo Finance-Harris poll.
- Zacks
Facebook Reviews Content Policies as Advertisers Move Away
Facebook (FB) announces new content policies across platforms, including tighter restrictions on advertising and labels for harmful posts from public figures as advertisers start losing confidence.
- Financial Times
Trump deletes retweet of supporter yelling ‘white power’
Donald Trump deleted a tweet in which he praised a supporter who was heard chanting “white power” in a video on Sunday, after criticism from a black Republican lawmaker and others. One elderly white man driving a buggy emblazoned with Trump campaign posters is shown chanting “white power” in response to a protester who yells: “Where’s your white hood?” — a presumed reference to the historical uniform of the white supremacist Ku Klux Klan. “Thank you to the great people of ‘The Villages’,” Mr Trump tweeted alongside the video.
- Yahoo Finance
Defeat by Tweet: New Super PAC uses Trump's go-to tool against him
New Super PAC 'Defeat by Tweet' aims to use Trump's go-to communication platform against him.
- Yahoo Finance
CEO on Trump’s visa ban: ‘Cutting off others’ will not lead US to prosperity
Trump's executive order prevents hundreds of thousands of foreigners looking to work in the United States through the end of 2020.
- Associated Press
Facebook to label all rule-breaking posts - even Trump's
Facebook said Friday that it will flag all "newsworthy" posts from politicians that break its rules, including those from President Donald Trump. Separately, Facebook's stock dropped more than 8%, erasing roughly $50 billion from its market valuation, after the European company behind brands such as Ben & Jerry's and Dove announced it would boycott Facebook ads through the end of the year over the amount of hate speech and divisive rhetoric on its platform. CEO Mark Zuckerberg had previously refused to take action against Trump posts suggesting that mail-in ballots will lead to voter fraud, saying that people deserved to hear unfiltered statements from political leaders.
