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
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