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Why Twitter stock is surging Tuesday

The social network’s first-quarter results are out — and they’re spectacular. What happened? Shares of social network Twitter jumped on Tuesday, rising nearly eighteenth around noon EDT. The stock’s gain followed Twitter’s first-quarter financial results, including better-than-expected financial results and robust growth in monetizable daily active users. So what? Twitter reported non-GAAP earnings per share of $0.37 on revenue of $787 million. These… Read more »

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Twitter still has a growth problem

If you read enough of the news, you would possibly assume that Twitter (and its CEO) is laying dead within the water for all to see. But, in its most recent financial statements, the corporate is proudly declaring that it isn’t dead yet, and may not be for some time. Within the last 3 months,… Read more »

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Twitter shares surge 17th as users rise

Shares in Twitter have surged over 17th when the firm reported rising numbers of users and higher revenues, days after its chief executive promised to improve how it tackles online abuse. The company’s revenue rose to $787m (£605m) in the first quarter, up eighteenth from a year earlier. The number of daily active users rose eleventh to… Read more »

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Twitter is surging and the rally shows no signs of slowing, chart analyst says

The stock rose more than tenth in early trading Tuesday after beating earnings and topping sales estimates for its first quarter. That move conjointly pushed Twitter out of bear market territory, currently less than twentieth off its 52-week high. Matt Maley, equity strategist at Miller Tabak, aforementioned that Twitter still seems like the social stock… Read more »

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Trump calls for ‘more and fairer’ social-media corporations

President Donald Trump on Tuesday took his latest swipe at Twitter for what he says is unfair treatment, as he vowed to “reciprocate” against the European Union within the wake of Harley-Davidson’s report of a profit drop in the first quarter. ‘MORE AND FAIRER’ SOCIAL-MEDIA COMPANIES Trump used Twitter, on which he has nearly sixty… Read more »

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Is Twitter planning to get rid of ‘Likes’?

Twitter is reportedly set to scrap its “like” feature, a move that would be meant to improve the overall quality of the interactions on the platform. According to a report by the Telegraph, Twitter ceo Jack Dorsey told employees at an in-house event last week that he “was not a fan of the heart-shaped button”… Read more »