Twitter's first-quarter earnings report crushed expectations, sending the stock surging more than 6% in premarket trading.
In the U.S., Twitter reported 28 million average mDAUs forthe first quarter, compared with 26 million a year earlier. It reported 105 million average international mDAUs for the first quarter, compared with 94 million a year earlier. Twitter's stock slid after its previous earnings report when it provided light guidance for the first quarter, but it is still up about 10% over the past 12 months. Twitter has been toying with the best way to optimize the experience on the platform for user well-being rather than purely based on engagement metrics. CEO Jack Dorsey told Rolling Stone in an interview published in January that his team has considered"what happens if we remove the 'like' counts from tweets.
"Generally, most of the people that have been testing the prototype app prefer it over the main Twitter production app," Dorsey said."So it's shown that we're heading in the right direction, but we still have some work to do before we feel confident that we should put it in production."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
realDonaldTrump guess you were wrong.
And this is why Twitter does next to nothing about toxic trolls, goddamned Nazis and hate groups that use the platform to spread their toxic ideology. Those groups are spurred on by Trump's own brand of toxic tweets that encompass stochastic terrorism.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Honeywell's stock surges after earnings and sales beat, raised outlookShares of Honeywell International Inc. surged 1.9% in premarket trade Thursday, after the aerospace, building technologies and materials company reported...
Source: MarketWatch - 🏆 3. / 97 Read more »
PepsiCo beats on earnings, revenuePepsiCo reported earnings before the bell Wednesday. and now they want to launch satellites to advertise from space in the sky. PepsiCo is up because of more legalized weed consumption.
Source: CNBC - 🏆 12. / 72 Read more »
Here's what the Street expects from Twitter's first-quarter earningsTwitter is set to release its first quarter 2019 earnings on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »
Coca-Cola shares jump 3% after earnings beatCoca-Cola reported earnings before the bell Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »
Lockheed Martin shares jump 4% as earnings beat Wall Street expectationsLockheed Martin delivered first-quarter earnings on Tuesday that were far above what Wall Street anticipated.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks set for subdued action as quartet of Dow components delivers earningsU.S. stock-index futures on Tuesday edge lower ahead of a barrage of quarterly results, including blue-chip consumer-focused companies, Coca-Cola Co., and Procter & Gamble Co., which investors will pore over to glean the health of American corporations.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks end the day little changed as Wall Street braces for a corporate earnings delugeWe celebrated CNBC's 30th anniversary by ringing the closing bell at NYSE today. Stocks closed flat, with the S&P 500 holding above the critical 2,900 level. NYSE ClosingBell NYSE Most Well Come S&P Unit Everybody and New York Stock Exchanges and CNBC Business News Everybody
Source: CNBC - 🏆 12. / 72 Read more »
Futures pull back ahead of earnings; oil stocks jumpU.S. stock index futures dipped on Monday as investors returned from their Easte...
Source: Reuters - 🏆 2. / 97 Read more »
Airline Stocks at Crossroads Ahead of EarningsAirline shares are set to face their next major test in the coming days. Southwest Airlines Co., Alaska Air Group Inc. and American Airlines Group Inc. are all scheduled to report quarterly results. Please non-pay wall article on Twitter
Source: WSJ - 🏆 98. / 63 Read more »