Snap earnings signal an online advertising ‘bonanza,' Pinterest and Twitter shares rise

Deutsche Bank analysts wrote in a Wednesday note Snap's results implied a "bonanza for online advertising."

"We saw the beginnings of a recovery from brand advertisers, and continued resilience from direct response advertisers, reinforcing our confidence in the long-term positioning of our business," Gorman said on the company's earnings call. Shares of Pinterest also jumped more than 8.5% in premarket trading, after both Goldman Sachs and Bank of Americato buy from neutral due to Snap's earnings beat. Both of the firms said it viewed Snap's strong quarter as a good sign for Pinterest.

Profiteering may go unchecked during the crisis, but heads will find justice, and often children suffer for their parents greed! You good? You need a lawyer? Profiteering is illegal.

I cut Pinterest 🤦🏾‍♂️🤦🏾‍♂️

Is SNAP the reason FB just spiked?

It may easily be coronavirus COVID19 WednesdayWisdom WednesdayMotivation

good

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Netflix, Snap, Slack, Twitter: What to Watch When the Stock Market Opens TodayS&P 500 futures are wavering between gains and losses as investors weigh stimulus prospects and a mixed bag of earnings reports.
Fonte: WSJ - 🏆 98. / 63 Leggi di più »

Snap stock soars after the Snapchat owner smashes profit and user-growth forecasts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »