Tag: TWTR

  • Share of Twitter Inc. (TWTR) Slump Further After Hours. Here’s why?

    On February 02, shares of Twitter Inc. (TWTR) suffered a further blow of 8.03% in the after-hours. Multiple reasons can be deemed responsible for the continued downward drift of the social media stock.

    During regular trading, the stock had already suffered from a loss of 4.22% at its closing price of $36.51. TWTR continued its cascade in the after-hours to go down to $33.58 per share. Moreover, the after-market session witnessed a volume of 2.23 million shares on Wednesday.

    Currently, Twitter Inc. has a market capitalization of $30.48 billion with its 799.61 million shares outstanding.

    What is Happening with TWTR?

    After the market closed on Wednesday, the social media giant Facebook’s owner Meta Platforms declared its financial results. Meta not only missed its earnings but provided a poor forecast for the future. The flattened growth in the social media giant along with further drab growth expectations led to the meltdown of social media stocks. Hence, along with Pinterest and Snap, TWTR stock also took a hit in the after-hours on Wednesday.

    Additionally, TWTR as well as Facebook have been facing some serious blows from various fronts due to claims of fraud and fake news on the platforms. As per Wednesday’s news on IndiaTimes, the Indian government is seeking explanation and proof from various platforms including Twitter regarding their actions against anti-national and fake news content.

    Moreover, the stock currently stands at a year-to-date loss of 15.53% while it went down by 33.11% last year.

    MoPub’s Sale

    On January 03, the company announced the completion of the sale of MoPub on January 01, 2022. TWTR has sold MoPub to AppLovin Corporation for a cash of $1.05 billion.

    Furthermore, the MoPub platform along with network mediation, Advanced Bidding, and Marketplace will go down on March 31. Further, the MoPub Dashboard and Reporting will operate till April 08. A 90-day transition period will be provided to publishers with assistance from AppLovin for migration to the AppLovin MAX platform.

    TWTR’s Financials

    In the third quarter of 2021, TWTR had total revenue of $1.28 billion, marking an increase of 37% YOY.

    The company had a net loss of $537 million in the third quarter of 2021 with earnings of $(0.67) per diluted share.

    In addition, the company is set to declare its Q4 and fiscal 2021 results on February 10, 2022, at 7:00 am ET. The company expects total revenue of $1.5-$1.6 billion for Q4 of 2021.

  • Early Morning Vibes: Top 4 Stocks To Buy Right Now

    Early Morning Vibes: Top 4 Stocks To Buy Right Now

    On February 18, American stock indices ended in the red. The S&P 500 index fell 0.44% to 3914 points, the Dow Jones fell 0.38%, the NASDAQ fell 0.72%, losing more than 1.5% during the session. The reason for the correction was the data on the growth in the number of applications for unemployment benefits, as well as the flow of capital into cyclical sectors. Thus, the consumer goods segment traded better than the market, ending the day with a result of + 0.14%. The energy sector corrected by 2.27%.

    Company news

    Software developer Twilio (TWLO: + 7.7%) posted strong quarterly results, with revenue growth exceeding expectations.

    Walmart’s comparable sales (WMT: -6.5%) were better than the consensus, but investors were disappointed by the weak EPS performance and the forecast that the retailer’s capex will increase from $ 10 billion to $ 14 billion this year.

    Revenue and EBITDA of lithium supplier Albemarle (ALB: -10.2%) exceeded investor expectations, but the company’s forecasts were not strong enough.

    Today, global stock markets are showing mixed dynamics. Investors continue to assess the potential impact of rising bond yields on the stock market. The 10-year Treasury yield climbed to the February 2020 level. From the point of view of corporate finance, in this situation, the discount rate increases, which ultimately reduces the fair value of the shares. At the same time, an increase in the yield of government bonds reflects an improvement in economic prospects, so there is no consensus among the investment community regarding the impact of this factor on the market.

    The current consensus on the fiscal stimulus package suggests that it will be approved in mid-March in the amount of about $ 1.5 trillion. Moreover, after the adoption of this package, all attention will be focused on infrastructure government spending, the project of which will be presented next month. Their estimated volume is $ 2 trillion. Rumors regarding this bill are already beginning to influence the market.

    The Freedom Finance Sentiment Index climbed to 80 out of 100. The indicator reflects market participants’ hope for a global economic recovery in 2021. Concerns about the negative impact of the coronavirus pandemic are gradually diminishing thanks to the prospect of mass vaccinations.

    Technically, the S&P 500 is still in an uptrend, the upper bound of which limits the upside potential of the broad market index. The previous trading session did not change the overall picture too much. In the short term, correction or consolidation is likely, as a bearish divergence is being formed on the RSI indicator.

    Today Top Movers

    Zynga Inc. (ZNGA) stock soared 1.16% to $12.24 in pre-market trading.‎ ZNGA is a global leader in interactive entertainment Games recently announced Star Wars: Hunters, a competitive arena combat game.

    Cuentas Inc. (NASDAQ: CUEN) shares are trading up 46.01% at $5.49 at the time of writing. ‎CUEN is a leading FinTech provider of mobile banking and payment solutions focused on Hispanic and Latino communities. ‎

    ‎Mmtec Inc. (MTC) grew over 80.31% at $7.05 in pre-market trading today. MTC is a company that develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements.

    Citius Pharmaceuticals Inc. (CTXR), a Biotechnology company, rose about 26.92% at $1.98 in pre-market trading Friday after declaring a $76.5 million registered direct offering priced at-the-market under Nasdaq Rules.‎

    Top Upgrades & Downgrades

    Roth Capital turned bullish on Coeur Mining Inc. (CDE), upgrading the stock to “Buy” and assigning a $10.0 price target, representing a potential upside of 19.19% from Thursday’s close. 

    Sabre Corporation (SABR) has won the favor of Deutsche Bank’s equity research team. The firm upgraded the shares from Hold to Buy and moved their price target to $17.0, suggesting 33.65% additional upside for the stock. 

    Everbridge Inc. (EVBG) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $200.0. They changed their rating on EVBG to Overweight from Neutral in a recently issued research note. 

    Earlier Friday Mizuho reduced its rating on Sunoco LP (SUN) stock to Neutral from Buy and assigned the price target to $33.0. With shares trading at around $30.58, the Wall Street firm thinks Sunoco LP’s stock could add than 7.63%. 

    Deutsche Bank analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for eHealth Inc. (EHTH) has been changed to Hold from Buy and the new price target is set at $63.0. 

    Analysts at JP Morgan downgraded The Kraft Heinz Company (KHC)’s stock to Neutral from Overweight Friday.

    Latest Insider Activity

    Twitter Inc. (TWTR) Chief Legal Officer Gadde Vijaya announced the sale of shares taking place on Feb 16 at $72.03 for some 14,940 shares. The total came to more than $1.08 million. 

    Inovio Pharmaceuticals Inc. (INO) Director BENITO SIMON X sold on Feb 16 a total of 51,650 shares at $14.68 on average. The insider’s sale generated proceeds of almost $29360. 

    Hepion Pharmaceuticals Inc. (HEPA) Chief Financial Officer Cavan John T declared the purchase of shares taking place on Feb 18 at $2.00 for some 10,000 shares. The transaction amount was around $20000. 

    United States Steel Corporation (X) Director Atkinson Tracy A bought on Feb 16 a total 17,177 shares at $17.07 on average. The purchase cost the insider an estimated $25,059.

    Important Earnings

    Top US earnings releases scheduled for today include MoneyGram International Inc. (NASDAQ: MGI). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.08 per share from revenues of $326.62M in the three-month period. 

    Analysts expect Deere & Company (NYSE: DE) to report a net income (adjusted) of $2.16 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Jan 2021 is predicted to come in at $7.21B. 

    Enerplus Corporation (ERF), due to announce earnings before the market opens today, is expected to report earnings of $0.22 per share from revenues of $241.79M recently concluded three-month period.

  • Early Morning Vibes: Watch These 4 Stocks Today

    Early Morning Vibes: Watch These 4 Stocks Today

    A concern about possible problems with the spread of coronavirus vaccines led to one of the largest one-day losses since October for US stocks on Wednesday. A large volume of short positions was also opened for GameStop and other securities due to sharp fluctuations.

    A battle erupted between day traders seeking to invest in GameStop and hedge funds that are actively shorting the company, sending GameStop shares soaring 135%. AMC Entertainment, another target for intraday traders, rose 301%. The shares of both companies in January grew by more than 800%.

    The Dow Jones Industrial Average fell 633.87 points, or 2.1%, to 30303.17 points, falling for the fifth session in a row, and the S&P 500 sank 98.85 points, or 2.6%, to 3750. 77 points, while the Nasdaq Composite fell 355.47 points, or 2.6%, to 13.270.60 points. All three indices saw their biggest one-day falls since October 28.

    In response to the spread of new strains of Covid-19 around the globe, governments are being forced to vaccinate the population as soon as possible, since any delays could lead to the lifting of lockdowns and other quarantine restrictions

    AstraZeneca has announced a sharp decline in vaccine supplies to the European Union due to problems at its European factory. A shortage of vaccines could adversely affect the vaccination process in the UK, as EU authorities begin to push the company to acquire vaccines produced by British factories.

    During the same day, President Joe Biden announced he would purchase more vaccine doses that should be enough to supply the vaccine for most US residents.

    In the afternoon, investors analyzed the financial results of AT&T, Blackstone, and Boeing. After that, tech giants Apple, Facebook, and Tesla reported on their results.

    Today Top Movers

    Naked Brand Group Ltd (NAKD) stock ascended 67.39% at $2.31 in the pre-market trading today.‎ The company recently declared pricing of $50 million registered direct offering priced at-the-market.‎‎ ‎‎

    XpresSpa Group Inc (XSPA) grew over 30.13% at $3.11 in pre-market trading ‎today following an announcement from the company that it plans on opening new XpresCheck facilities, offering more opportunities for in-airport COVID-19 testing.‎‎ ‎‎

    Sundial Growers Inc (SNDL) stock moved up 38.15 percent to $0.83 in the pre-market ‎trading.‎‎‎ ‎‎

    American Battery Metals Corp (ABML) was up more than 7.11% at $3.64 in the extended-hours session.‎‎

    Top Upgrades & Downgrades

    RBC Capital turned bullish on PTC Inc. (PTC), upgrading the stock to “Outperform” and assigning a $145.0 price target, representing a potential upside of 20% from Wednesday’s close. 

    Twitter Inc. (TWTR) has won the favor of KeyBanc’s equity research team. The firm upgraded the shares from Sector Weight to Overweight and moved their price target to $65.0, suggesting 35.08% additional upside for the stock. 

    Brinker International Inc. (EAT) received an upgrade from analysts at KeyBanc, who also set their one-year price target on the stock to $64.0. They changed their rating on EAT to Overweight from Sector Weight in a recently issued research note.

    Earlier Thursday JMP Securities reduced its rating on Tesla Inc. (TSLA) stock to Market Perform from Outperform. 

    Stifel analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for The Procter & Gamble Company (PG) has been changed to Hold from Buy. 

    Analysts at Stifel downgraded Colgate-Palmolive Company (CL)’s stock to Hold from Buy Thursday.

    Latest Insider Activity

    The Walt Disney Company (DIS) SEVP-Chief Financial Officer McCarthy Christine M announced the sale of shares taking place on Jan 25 at $172.00 for some 25,000 shares. The total came to more than $4.3 million. 

    iRobot Corporation (IRBT) Chief Executive Officer Angle Colin M sold on Jan 25 a total of 302,208 shares at $104.88 on average. The insider’s sale generated proceeds of almost $3.78 million. 

    Fastenal Company (FAST) Director Ancius Michael J declared the purchase of shares taking place on Jan 25 at $47.50 for some 770 shares. The transaction amount was around $36575.0. 

    FuelCell Energy Inc. (FCEL) CEO Few Jason bought on Jan 25 a total 22,134 shares at $17.99 on average. The purchase cost the insider an estimated $197,890.

    Important Earnings

    Top US earnings releases scheduled for today include American Airlines Group Inc. (NASDAQ: AAL). It will announce its Dec 2020 financial results. The company is expected to report earnings of -$4.11 per share from revenues of $3.88B in the three-month period. 

    Analysts expect Comcast Corporation (NASDAQ: CMCSA) to report a net income (adjusted) of $0.48 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $26.78B. 

    United States Steel Corporation (X), due to announce earnings after the market closes today, is expected to report earnings of -$0.68 per share from revenues of $2.58B recently concluded three-month period.

  • Early Morning Vibes: Top 4 Stocks To Buy Right Now

    Early Morning Vibes: Top 4 Stocks To Buy Right Now

    The Nasdaq Composite and S&P 500 stocks closed at record highs on Monday amid fluctuations in technology stocks, while investors awaited the release of multiple financial reports.

    The Nasdaq rose 92.93 points, or 0.7%, to 13635.99 points at the end of the volatile session. The index jumped 1.4% early in the day, then dropped 1.3% and then recovered. At the same time, there were no clear catalysts for such dynamics of the index.

    The S&P 500 added 13.89 points, or 0.4%, to 3855.36 points. The Dow Jones Industrial Average fell 36.98 points, or 0.1%, to 30960.00 points. Investors are worried about disruptions in the supply of Covid-19 vaccines. Pharmaceutical giant Merck has announced that it is ending work on a Covid-19 vaccine due to disappointing test results. Thus, a major participant dropped out of the race to create an effective vaccine. Meanwhile, its competitor, AstraZeneca, warned on Friday that shipments of its vaccine to the European Union would fall short of forecast.

    Vaccination problems and the spread of new strains of coronavirus have contributed to the recent rally in technology stocks. Tech corporations should benefit from this situation, as companies and employees who have switched to telecommuting are increasingly using digital technology.

    Corporate News

    Tech stocks were volatile. Apple shares gained 2.8%. Shares of data scientist Palantir Technologies, which is due to present its software on Tuesday, jumped 11.0% after posting a 21.0% gain throughout the day.

    Twitter and Etsy were down 0.5% and 2.2%, respectively, while rallying in early trading. Among the outsiders in the United States were also shares of financial and oil and gas companies. Chevron lost 0.9%, Goldman Sachs – 2.2%, which affected the DJIA.

    Meanwhile, shares of Kimberly Clark, a maker of Kleenex wipes and Huggies diapers, rose 3.3% after it forecast net sales to rise in 2021. It also raised its quarterly dividend and announced a new $ 5 billion share buyback program. Shares of special-purpose M&A firm TS Innovation Acquisitions, part of the Tishman Speyer real estate group, jumped 44.0%.
     The yield on the 10-year US Treasury bond fell from 1.090% on Friday to 1.038%.

    Today Top Movers

    Adamas Pharma (ADMS), a drug manufacturer company, soared about 15.35% ‎at $5.86 in pre-market ‎trading Tuesday. The FDA decision on the expanded use of Adamas Pharma’s lead drug GOCOVRI is expected on February 1, 2021.‎

    Arcimoto Inc (FUV) share price jumped 2.29% to $21.85 during the early morning ‎trading session on ‎Tuesday after the company revealed that it has reached an agreement to acquire Tilting Motor Works.

    US Well Services Inc (USWS) stock ascended 13.08% at $1.10 in the pre-market trading today after receiving notice from the Nasdaq stock market that it has regained compliance with Nasdaq Listing Rule 5550(b)(2).

    ‎Phunware Inc (PHUN) gained over 21.37% at $1.76 in pre-market ‎trading as Today Phunware COO Randall Crowder will be presenting at the Proactive Investors One2One Investor Forum about the company’s 2021 roadmap for the commercial launch of its blockchain-enabled customer data platform and mobile loyalty ecosystem.

    Top Upgrades & Downgrades

    Goldman Sachs turned bullish on DraftKings Inc. (DKNG), upgrading the stock to “Buy” and assigning a $65.0 price target, representing a potential upside of 26.73% from Monday’s close.

    FVCBankcorp Inc. (FVCB) has won the favor of Piper Sandler’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $19.0, suggesting 20.03% additional upside for the stock.

    Colgate-Palmolive Company (CL) received an upgrade from analysts at Berenberg, who also set their one-year price target on the stock to $76.0. They changed their rating on CL to Hold from Sell in a recently issued research note.

    Earlier Tuesday BMO Capital reduced its rating on Sonoco Products Company (SON) stock to Market Perform from Outperform and assigned the price target to $65.

    RBC Capital analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for BlackBerry Limited (BB) has been changed to Underperform from Sector Perform.

    Analysts at Goldman Sachs downgraded Delek US Holdings Inc. (DK)’s stock to Sell from Neutral Tuesday.

    Latest Insider Activity

    Facebook Inc. (FB) COB and CEO Zuckerberg Mark announced the sale of shares taking place on Jan 22 at $275.79 for some 55,869 shares. The total came to more than $15.41 million.

    Twitter Inc. (TWTR) Engineering Lead Montano Michael sold on Jan 20 a total 664,770 shares at $46.23 on average. The insider’s sale generated proceeds of almost $0.1 million.

    The Blackstone Group Inc. (BX) 10% Owner Blackstone BDC Holdings LLC declared the purchase of shares taking place on Jan 07 at $25.00 for some 997,940 shares. The transaction amount was around $24.95 million.

    Arcadia Biosciences Inc. (RKDA) Chief Executive Officer Plavan Matthew T bought on Aug 03 a total of 14,285 shares at $3.16 on average. The purchase cost the insider an estimated $1,849.

    Important Earnings

    Top US earnings releases scheduled for today include General Electric Company (NYSE: GE). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.09 per share from revenues of $21.83B in the three-month period.

    Analysts expect Advanced Micro Devices Inc. (NASDAQ: AMD) to report a net income (adjusted) of $0.47 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.02B.

    Microsoft Corporation (MSFT), due to announce earnings after the market closes today, is expected to report earnings of $1.64 per share from revenues of $40.18B recently concluded three-month period.

  • Early Morning Vibes: Check Out These 4 hot Stocks Right Now

    On January 11, American stock markets closed in the red. The S & P500 index fell 0.66% to 3800 points, the Dow Jones lost 0.29%, the NASDAQ fell 1.25%. There were no new drivers for the movement, the correction was due to the fixation of positions after reaching historic highs the day before. The finance sector looked stronger than the broader market, climbing 0.43%. Investors are awaiting the release of positive quarterly reports from a number of major banks later this week.

    Corporate News

    Twitter (TWTR: -6.4%) permanently blocked Donald Trump’s account. Almost half of the active audience of the social network was subscribed to it.

    Pharmaceutical giant Ely Lilly (LLY: + 11.7%) has published positive results from a Phase II trial of an Alzheimer’s slowing drug.

    Electric car manufacturer NIO (NIO: + 6.4%) unveiled the new ET7 sedan and batteries. In addition, the company announced a collaboration with Nvidia (NVDA: + 2.6%) to develop autonomous driving technology.

    Today, global stock markets are showing mixed dynamics. The main topic of discussion remains the draft stimulus package that Joe Biden will present this Thursday. The volume of the program will exceed $ 1 trillion and may reach $ 2-3 trillion. Hope for its adoption determines the relative stability of the broad market index. Further dynamics of investor sentiment will depend on the details of Biden’s plan. There is no doubt that the President-elect will try to make the program comprehensive in order to meet the expectations of the electorate. Large-scale stimulation of the economy was the main point of Biden’s election program. Nevertheless, investors’ expectations are already quite high. The S&P 500 is at historic highs. Talk of excessive investor optimism is increasingly broadcast in the business media.

    Today there will be speeches by several representatives of the FRS, who can clarify the plan for changing the parameters of the quantitative easing program. The Fed’s inflation and unemployment expectations are also receiving increased attention, as they have a direct impact on Treasury yields.

    Sentiment Index

    The Freedom Finance Sentiment Index climbed to 60 out of 100. The index reflects market participants’ hope for a global economic recovery in 2021. Worries about the negative impact of the coronavirus pandemic continue to decline thanks to the prospect of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is showing a strong uptrend, but the risk of a correction is increasing. The broad market index tested the upper border of the equidistant channel in the 3825-3830 area yesterday, where it encountered strong resistance. The RSI indicator remains close to the overbought zone, which limits the upside potential from current levels. If a corrective movement develops, the first significant target will be the level of 3700 points.

    Today Top Movers

    Naked Brand Group Ltd (NAKD), an apparel manufacturing company, soared about 7.71% ‎at $0.44 in pre-market trading Tuesday.

    US Well Services Inc (USWS) share price gained 75.02% to $0.91during early morning ‎trading session on Tuesday after declaring that it has finalized an extension of its contract to provide electric hydraulic fracturing services for Range Resources in the Appalachian Basin.

    T2 Biosystms Inc (TTOO) stock ascended 43.12% at $2.29 in the pre-market trading today following the announcement from the company that its T2SARS-CoV-2™ Panel is capable of detecting the multiple variants of the SARS-CoV-2 virus most recently identified in the United Kingdom, South Africa, and the United States.‎

    Lion Group Holding Ltd (LGHL) surged over 19.05% at $4.75 in pre-market ‎trading on Tuesday after the company revealed that Mr. Guandong Wang has been appointed as a director of the Board of Directors on January 6, 2021.‎

    Top Upgrades & Downgrades

    Citigroup turned bullish on NOV Inc. (NOV), upgrading the stock to “Buy” and assigning a $18.0 price target, representing potential upside of 17.23% from Monday’s close.

    Commvault Systems Inc. (CVLT) has won the favor of Piper Sandler’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $68.0, suggesting 20.5% additional upside for the stock.

    Oshkosh Corporation (OSK) received an upgrade from analysts at Credit Suisse, who also set their one-year price target on the stock to $117.0. They changed their rating on OSK to Outperform from Neutral in a recently issued research note.

    Earlier Tuesday KeyBanc reduced its rating on WEC Energy Group Inc. (WEC) stock to Sector Weight from Overweight.

    KeyBanc analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Schnitzer Steel Industries Inc. (SCHN) has been changed to Sector Weight from Overweight.

    Analysts at KeyBanc downgraded American Electric Power Company Inc. (AEP)’s stock to Sector Weight from Overweight Tuesday.

    Latest Insider Activity

    Marathon Patent Group Inc. (MARA) Chief Executive Officer OKAMOTO MERRICK D announced the sale of shares taking place on Jan 07 at $20.51 for some 632,000 shares. The total came to more than $12.96 million.

    Moderna Inc. (MRNA) Chief Executive Officer Bancel Stephane sold on Jan 08 a total 220,936 shares at $114.02 on average. The insider’s sale generated proceeds of almost $1.26 million.

    PBF Energy Inc. (PBF) Add’l Rep. Persons-see Ex.99-1 Control Empresarial de Capital declared the purchase of shares taking place on Dec 28 at $6.87 for some 40,000 shares. The transaction amount was around $0.27 million.

    Party City Holdco Inc. (PRTY) 10% Owner SOSIN CLIFFORD bought on Jan 05 a total 15,986,623 shares at $6.63 on average. The purchase cost the insider an estimated $2.1 million.

    Important Earnings

    Top US earnings releases scheduled for today include KB Home (NYSE:KBH). It will announce its Nov 2020 financial results. The company is expected to report earnings of $0.93 per share from revenues of $1.14B in the three-month period.

    Analysts expect BGC Partners Inc. (NASDAQ:BGCP) to report a net income (adjusted) of $0.11 per share, when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $460.45M.

    EXFO Inc. (EXFO), due to announce earnings after the market closes today, is expected to report earnings of $0.03 per share from revenues of $70.89M recently concluded three-month period.

  • 32 Stocks Making Sharp Moves in Pre Market Session

    32 Stocks Making Sharp Moves in Pre Market Session

    Sundial Growers Inc. (SNDL) stock soared 1.72% to $0.5088 in the pre-market trading after declaring $50 million prepayment on senior secured non-revolving term credit facility. The most recent rating by CIBC, on August 17, 2020, is a Neutral.

    FuelCell Energy Inc. (FCEL) is up more than 2.09% at $8.31 in pre-market hours Wednesday December 16, 2020. The stock had jumped over 5.71% to $8.14 in the last trading session.

    BioCardia Inc. (NASDAQ: BCDA) shares are trading up 5.22% at $7.05 at the time of writing after reporting that it has entered into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share Company’s 52-week ranged between $1.91 to $6.95.

    Before the trading started on December 16, 2020, MicroVision Inc. (MVIS) is down -1.9% to reach $4.13. It has been trading in a 52-week range of $0.15 to $3.45.

    Apartment Investment and Management Company (AIV) tumbled over -6.75% at $4.7 in pre-market trading today following completion of separation of Apartment Income REIT Corp.

    Before the trading started on December 16, 2020, GeoVax Labs Inc. (GOVX) is down -7.86% to reach $3.4. It has been trading in a 52-week range of $2.30 to $60.00.

    Anchiano Therapeutics Ltd. (ANCN), a Biotechnology company, dropped about -7.99% at $2.65 in pre-market trading Wednesday after the company and and Chemomab Ltd. declared their entry into a definitive merger agreement.

    BEST Inc. (NYSE: BEST) shares are trading up 3.29% at $2.2 at the time of writing. Company’s 52-week ranged between $2.36 to $6.54. Analysts have a consensus price target of $3.50.

    Veru Inc. (VERU) stock moved down -7.5 percent to $8.63 in the pre-market trading. The company lately reported positive Phase 2 clinical trial results for Enobosarm.

    Northern Dynasty Minerals Ltd. (NAK) is up more than 3.67% at $0.325 in pre-market hours Wednesday December 16, 2020. The stock had dropped over -4.74% to $0.31 in the last trading session.

    Moderna Inc. (MRNA) stock plunged -3.33% to $142.32 in the pre-market trading. The company recently confirmed supply agreement with the Ministry of Health to supply Singapore with mRNA vaccine against COVID-19 (mRNA-1273). The most recent rating by Needham, on December 09, 2020, is a Hold.

    Before the trading started on December 16, 2020, Teligent Inc. (TLGT) is up 2.2% to reach $0.93. It has been trading in a 52-week range of $0.46 to $6.46.

    HEXO Corp. (HEXO), a Drug Manufacturers – Specialty & Generic company, rose about 2.75% at $1.12 in pre-market trading Wednesday. The firm recently revealed it first quarter fiscal 2021 financial results.

    Gevo Inc. (NASDAQ: GEVO) shares are trading up 4.74% at $1.99 at the time of writing. Company’s 52-week ranged between $0.46 to $2.91.

    Timber Pharmaceuticals Inc. (TMBR) stock moved down -0.97 percent to $1.02 in the pre-market trading after receiving notice of allowance from U.S. Patent and Trademark Office for Lead Asset TMB-001.

    Baidu Inc. (BIDU) is up more than 4.33% at $193.53 in pre-market hours Wednesday December 16, 2020. The stock had jumped over 13.83% to $185.50 in the last trading session.

    Aurora Cannabis Inc. (ACB) gained over 1.76% at $10.39 in pre-market trading Wednesday December 16, 2020 after provided a business update.

    Velodyne Lidar Inc. (VLDR) stock soared 3.91% to $20.2 in the pre-market trading after declaring a sales agreement for Alpha Prime sensors with May Mobility, a pioneer in autonomous vehicle (AV) technology. The most recent rating by Needham, on December 15, 2020, is a Buy.

    Before the trading started on December 16, 2020, Nikola Corporation (NKLA) is up 3.64% to reach $17.08. It has been trading in a 52-week range of $10.29 to $93.99.

    PG&E Corporation (NYSE: PCG) shares are trading up 2.87% at $12.55 at the time of writing after paying over $268 million in property taxes to 50 California counties. Company’s 52-week ranged between $6.25 to $18.34. Analysts have a consensus price target of $15.

    SELLAS Life Sciences Group Inc. (SLS) tumbled over -3.72% at $6.99 in pre-market trading today. The firm recently reported the pricing of $16.2 million registered direct offering.

    Nxt-ID Inc. (NASDAQ: NXTD) shares are trading down -1.66% at $0.4795 at the time of writing. Company’s 52-week ranged between $0.21 to $0.89.

    Qualigen Therapeutics Inc. (QLGN), a Biotechnology company, rose about 1.23% at $4.12 in pre-market trading Wednesday following its announcement of issuance of U.S. Patent for expanded applications of ALAN Anticancer Platform Technology.

    Concord Medical Services Holdings Limited (CCM) lost over -30.32% at $3.7 in pre-market trading Wednesday December 16, 2020.

    Aphria Inc. (APHA) grew over 11.45% at $9.05 in pre-market trading today following its declaration of definitive agreement with Tilray, Inc. (TLRY), to combine their businesses and create the world’s largest global cannabis company.

    Before the trading started on December 16, 2020, Hecla Mining Company (HL) is up 5.9% to reach $5.74. It has been trading in a 52-week range of $1.40 to $6.79.

    Twitter Inc. (TWTR), a Internet Content & Information company, rose about 3.1% at $54.46 in pre-market trading Wednesday after the declaration from the Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (AMZN), that Twitter (TWTR) has selected AWS to provide global cloud infrastructure to deliver Twitter timelines.

    Torchlight Energy Resources Inc. (TRCH) stock plunged -4.63% to $0.5332 in the pre-market trading. The most recent rating by ROTH Capital, on March 13, 2020, is a Neutral.

    Arvinas Inc. (ARVN) is up more than 1.41% at $75.3 in pre-market hours Wednesday December 16, 2020 after reporting the pricing of an underwritten public offering of 5,714,286 shares of its common stock at a price of $70.00 per share, before underwriting discounts and commissions.

    Cinedigm Corp. (CIDM) stock plunged -0.54% to $0.84 in the pre-market trading. The most recent rating by The Benchmark Company, on July 07, 2020, is a Speculative buy.

    PDL BioPharma Inc. (PDLI) grew over 6.59% at $2.75 in pre-market trading today. The company recently reported that it has entered into a Capital Provision Agreement with Epps Investments LLC.

    vTv Therapeutics Inc. (VTVT) is down more than -31.99% at $2.02 in pre-market hours Wednesday December 16, 2020 after revealing that the Phase 2 Elevage study of azeliragon in people with mild Alzheimer’s disease and type 2 diabetes did not meet its primary objective of demonstrating an improvement in cognition as assessed by the 14-item Alzheimer’s Disease Assessment Scale – Cognitive Subscale (ADAS-cog14) relative to placebo.

  • Twitter Inc. (TWTR) halts Thai royalist account related to influence campaign

    Twitter Inc. (TWTR) halts Thai royalist account related to influence campaign

    A Thai pro-royalist account connected to the palace was suspended by Twitter Inc. (TWTR), which was found to be affiliated to thousands of others created in recent weeks, sharing messages in support of King Maha Vajiralongkorn and the monarchy.

    It was found tens of thousands of tweets that seemed to be from accounts exacerbating royalist messaging in a bid to fight a month-long political campaign that swelled by questioning the monarchy from criticizing the establishment to violating a long-standing taboo.

     Documents of internal military preparation revealed signs of a concerted propaganda operation aimed at disseminating positive information and discrediting critics.

    The role of social media in propelling the protest movement has been quoted by demonstrators and royalists, which has been the greatest threat to the monarchy and the government of former junta chief Prayuth Chan-ocha in decades.

    Formed in September, until its termination, the @jitarsa school account had more than 48,000 followers.

    A Twitter spokesperson said on Sunday, “The account in question was suspended for violating our rules on spam and platform manipulation.” She said the suspension was in accordance with the policy of the organization and not a consequence of the request for comment from Reuters.

    The profile of the account said it qualified individuals for the Royal Volunteers scheme, which is run by the Royal Office. The Twitter account is also described as its own by a Facebook page for the Royal Volunteers Academy, which publishes pro-monarchy videos and program news.

    More than 80% of the accounts that follow @jitarsa school have also been generated since the beginning of September, according to the reports. A survey of 4,600 of the newly formed accounts revealed that the royalist hashtags were all advertised, an indicator of the sort of behavior that would not be related to normal Twitter Inc. (TWTR) users.

  • 7 Best Stocks In Internet Content Information Industry

    The Internet Content Information Industry is engaged in providing the information to the people they are looking for on the internet. More than 4.5 billion people around the world are using the internet. Some users are looking for necessary information, some are using social media apps for entertainment and some people are earning money through this industry.

    This industry is generating revenue in two ways. Some companies in this industry are demanding charges for their content and some provide free content to the users. This industry also comes in the technology sector. The challenges are not unique, every industry experience challenges as it becomes more mature. The Internet content industry is also facing new challenges as more and more people are turning towards this industry.

    Here are the top 7 booming stocks in the internet content and information industry that are good choice right now:

    Twitter Inc. (NYSE: TWTR)

    Twitter Inc. (NYSE: TWTR) shares were trading down -4.57% at $39.47 at the time of writing on Monday. Twitter Inc. (NYSE: TWTR) share price went from a low point around $20.00 to briefly over $52.93 in the past 52 weeks, though shares have since pulled back to $39.47. TWTR market cap has remained high, hitting $39.57B at the time of writing, giving it a price-to-sales ratio of more than 10.

    Twitter Inc. (TWTR) CEO Jack Dorsey has gathered praise from activists. Twitter hide the Trump tweet attacking the Supreme Court’s decision on Pennsylvania ballots. If we look at the recent analyst rating TWTR, Pivotal Research Group reiterated coverage on TWTR shares with a Buy rating and a $40.99 price target, which implies room for 1.52% upside momentum this year.

    Pinterest Inc. (PINS)

    Pinterest Inc. (PINS) stock drop by -0.97% to $58.38. The most recent rating by MKM Partners, on October 29, 2020, is at a Buy. Pinterest Inc. (PINS) has earlier announced the financial results of the third quarter of 2020. It has reported Q3 revenue of $443 million, experiencing a 58% year over year increase. Its Global Monthly Active Users (MAUs) rose 37% year over year to 442 million.

    Facebook Inc. (NASDAQ: FB)

    Facebook Inc. (NASDAQ: FB) shares headed falling, lower as much as -0.67%. The most recent rating by Monness Crespi & Hardt, on October 30, 2020, is at a Buy. Facebook Inc. (FB) has revealed that it has experienced a better-than-projected increase in third-quarter revenue, representing a major advertiser boycott had a limited impact against the backdrop of a broader revival of spending on digital marketing.

    Tencent Music Entertainment Group (NYSE: TME)

    Tencent Music Entertainment Group (NYSE: TME) fall -0.87% after losing more than -$0.13 on Monday. Tencent Music Entertainment Group (TME) has announced today that it has signed an exclusive licensing deal with peermusic. Users of TME will be able to access the catalog through TME’s streaming platform and other local digital platforms, which include QQ Music, Kugou Music, Kuwo Music, and WeSing.

    iQIYI Inc. (NASDAQ: IQ)

    iQIYI Inc. (NASDAQ: IQ) last closed at $25.19, in a 52-week range of $14.51 to $27.50. Analysts have a consensus price target of $23.15. iQIYI Inc. (IQ) disclosed earlier that its original series The Bad Kids won the “Best Creative” award at the 2nd Asia Contents Awards. The Awards is organized by the 2020 Busan International Film Festival was held in Busan, South Korea on October 25.

    ANGI Homeservices Inc. (NASDAQ: ANGI)

    ANGI Homeservices Inc. (NASDAQ: ANGI) stock soar by 3.11% to $10.93. The most recent rating by Credit Suisse, on October 29, 2020, is at an Outperform. ANGI Homeservices Inc. (ANGI) disclosed earlier that it is scheduled to announce its third-quarter results on November 6, 2020.

    Snap Inc. (NYSE: SNAP)

    Snap Inc. (NYSE: SNAP) last closed at $40.79, in a 52-week range of $7.89 to $44.18. Analysts have a consensus price target of $38.91. Snap Inc. (SNAP) has moved up 416.98% from its 52-weeks low and moved down -7.67% from its 52-weeks high. Looking at its liquidity, this company has a current ratio of 5.40. SNAP market cap has remained high, hitting $65.14B at the time of writing.

     

  • Top 12 Internet Content & Information Industry Stocks You Can’t Ignore In 2020

    Top 12 Internet Content & Information Industry Stocks You Can’t Ignore In 2020

    Internet Content Industry‘s main goal is to provide people with the necessary information they are looking for. This industry is continuously adopting new technological changes and changing its standards. Content has been available online ever since the early days of the Internet. But this industry is entering into a new era of growth. This industry is earning revenue in two ways. Some provide free content and charge for selling advertisements at their site. And other demand charges for their content.

    More than 4.5 billion people now used the internet around the globe. And nearly 60% population of the world is already online. The major challenge of this industry is to provide people authentic information and must ensure that everyone around the world has fair and equal access to all the content and information they are looking for on the internet.

    Check out these 12 companies in the Internet Content & Information Industry to see how these companies are providing the necessary information to people around the globe:

    Uxin Limited (NASDAQ: UXIN)

    Uxin Limited (NASDAQ: UXIN) shares were trading down -5.04% at $1.13 at the time of writing on Tuesday. Uxin Limited (NASDAQ: UXIN) share price went from a low point around $0.72 to briefly over $3.80 in the past 52 weeks, though shares have since pulled back to $1.13. UXIN market cap has remained high, hitting $334.37M at the time of writing, giving it a price-to-sales ratio of more than 2.

    Uxin Limited (UXIN) disclosed that it has separately signed a definitive agreement with two investors. As per the agreement, Uxin will issue and sell an aggregate of 84,692,839 Class A ordinary shares to these investors through private placements for an aggregate purchase price of approximately US$25,000,000. If we look at the recent analyst rating UXIN, JP Morgan downgraded coverage on UXIN shares with a Neutral rating.

    Pinterest Inc. (NYSE: PINS)

    Pinterest Inc. (NYSE: PINS) shares headed falling, lower as much as -1.09% after Pinterest has announced that it has appointed Salaam Coleman Smith to Board of Directors. Salaam Coleman Smith is the former Executive Vice President of Programming and Strategy at Disney’s ABC Family and Freeform and former President of Comcast NBCUniversal’s Style Media. The most recent rating by Guggenheim, on September 28, 2020, is at a Buy.

    Snap Inc. (NYSE: SNAP)

    Snap Inc. (NYSE: SNAP) last closed at $28.45, in a 52-week range of $7.89 to $29.08. Snap Inc. has announced the Third Quarter 2020 Financial Results. Analysts have a consensus price target of $26.87. Snap Inc. (SNAP) has reported that the Operating cash flow improved by $21 million to $(55) million in Q3 2020, compared to the prior year, and the Free Cash Flow improved by $15 million to $(70) million in Q3 2020, compared to the prior year.

    Facebook Inc. (NASDAQ: FB)

    Facebook Inc. (NASDAQ: FB) stock soar by 2.36% to $267.56. The most recent rating by MoffettNathanson, on September 29, 2020, is at a Buy. It has revealed that Facebook Inc. (FB) has started to test a Nextdoor clone, Neighborhoods, which suggests Facebook-generated Neighborhood groups local to you to join to connect with people, activities, and things being sold in the area.

    Twitter Inc. (NYSE: TWTR)

    Twitter Inc. (NYSE: TWTR) rose 1.16% after gaining more than $0.53 on Tuesday. Twitter Inc. (TWTR) has announced a few days ago that it has decided to change its Hacked Materials Policy against a controversial article that included potentially damaging allegations against U.S. presidential candidate Joe Biden.

    DouYu International Holdings Limited (DOYU)

    DouYu International Holdings Limited (DOYU) last closed at $15.18, in a 52-week range of $6.11 to $17.85. Analysts have a consensus price target of $16.28. Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has earlier started an investigation into whether the board members of DouYu International Holdings Limited (DOYU) breached their fiduciary duties or violated the federal securities laws in connection with the company’s merger with HUYA Inc.

    Tencent Music Entertainment Group (NYSE: TME)

    Tencent Music Entertainment Group (NYSE: TME) stock drop by -0.99% to $14.01. The most recent rating by Needham, on September 24, 2020, is at a Buy. Tencent Music Entertainment Group (TME) has announced its partnership with World Wide Fund for Nature (WWF) and Beijing Youcishan Culture Media Co. Ltd to launch a music and art exhibition, dubbed “All Creation: Encounter with Animals”, at Beijing’s UCCA Center for Contemporary Art.

    Yandex N.V. (NASDAQ: YNDX)

    Yandex N.V. (NASDAQ: YNDX) shares headed falling, lower as much as -1.44%. The most recent rating by BofA Securities, on September 23, 2020, is at a Neutral. Yandex N.V. (YNDX) has announced that it has scheduled to share the financial results for the quarter ended September 30, 2020, on Wednesday, October 28, 2020.

    Twilio Inc. (NYSE: TWLO)

    Twilio Inc. (NYSE: TWLO) fall -6.13% after losing more than -$20.21 on Tuesday. Twilio Inc. (TWLO) has earlier revealed that it has entered into a definitive agreement to acquire Segment for approximately $3.2 billion in Twilio Class A common stock, on a fully diluted and cash-free, debt-free basis. The transaction is expected to close in the fourth quarter of 2020.

    iQIYI Inc. (NASDAQ: IQ)

    iQIYI Inc. (NASDAQ: IQ) last closed at $22.51, in a 52-week range of $14.51 to $27.50. Analysts have a consensus price target of $23.09. iQIYI Inc. (IQ) has earlier revealed that its paper on face recognition and detection technology of cartoon characters, titled Cartoon Face Recognition: A Benchmark Dataset, has been accepted by the Association for Computing Machinery (ACM)’s annual conference on multimedia.

    Zillow Group Inc. (Z)

    Zillow Group Inc. (Z) stock drop by -0.02% to $98.43 after Zillow Group has earlier announced that it is scheduled to release Third Quarter 2020 Results on Nov. 5. The most recent rating by Standpoint Research, on August 03, 2020, is at a Hold. Previously, Zillow Group Inc. (Z) revealed that it is simplifying multifamily advertising with nationwide availability of four-tiered Rent Connect marketing packages.

    NetEase Inc. (NASDAQ: NTES)

    NetEase Inc. (NASDAQ: NTES) Shares headed rising, higher as much as 1.17%. The most recent rating by Daiwa Securities, on August 14, 2020, is at a Buy. NetEase Inc. (NTES) revealed today that China’s most prestigious liquor brand, Kweichow Moutai, is now available for sale on its e-commerce platform operated by its subsidiary NetEase Yanxuan. It is marking significant progress of a strategic partnership revealed by the two companies recently.

     

  • Twitter (NYSE: TWTR) Announces Changes In Hacking Policy In Response To NY Post Controversary

    Twitter (NYSE: TWTR) Announces Changes In Hacking Policy In Response To NY Post Controversary

    Twitter, Inc. (NYSE: TWTR) announced that it has decided to modify its hacking policy in response to the New York Post controversary. Twitter has earlier temporarily suspended the official Trump Campaign Twitter account after it shared a link to a New York Post about Hunter Biden and former Vice President Joe Biden’s connection to Ukraine. Twitter has restricted the account and said that the link it shared has violated its rules.

    Twitter has experienced criticism after blocking the New York Post article upon which Twitter has revealed that the main reason they have blocked the article not because of article content but because of the image in the article. Internet content and Information company have further explained that the articles contained images of personal email addresses, which is a violation of its hacked material policy.

    After facing the huge criticism, Twitter’s s global lead for legal, policy, and trust and safety, Vijaya Gadde, announced that the tweet sharing platform has received many feedbacks from critics and supporters regarding the implementation of the Hacked policy on the New York Post article. She revealed that Twitter has decided to make changes in the policy and also revealed the new ways to implement the policy.

    Vijaya then explained the reason to make these new changes because Twitter wanted to address the concerns as these incidents are contrary to Twitter’s purpose of serving the public conversation. Twitter has announced two major changes.

    The first one is that it will no longer block hacked content unless it is directly shared by hackers or those acting in concert with them. The second change is that it will label Tweets to provide context instead of blocking links from being shared on Twitter.

    Twitter, Inc. shares were trading up 0.11% at $46.03 at the time of writing on Thursday. Twitter, Inc. share price went from a low point around $20.00 to briefly over $48.65 in the past 52 weeks. It has moved up 130.15% from its 52-weeks low and moved down -5.39% from its 52-weeks high. TWTR market cap has remained high, hitting $36.49 billion at the time of writing.