Deutsche Bank analysts wrote in a Tuesday 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 nearly 11% early Wednesday, 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.
So if what is coming is considered a bonanza, what is the bubble we are already in considered?
Profiteering during a pandemic?
Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 In Just A Week,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info petersadelbert
Likely hit ATH in users... All the SNAP age kids are not in school until the spring or next fall.... Likely they will get bored of the app (My brother is in college and uses it only for booty calls)
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »