Tesla (Nasdaq: TSLA) has had a remarkable run of generating customer deposits, which in turn, creates a feedback loop that further hypes demand and bolsters cash flow. The companys efforts to increase deposit requirements from $1,000 for Model S, X and 3 to $5,000 for the semi, then $20,000 for the semi, and $50,000 for the base Roadster or $250,000 for the Roadster Founder’s Series shows....More>>>
Tencent’s (NASDAQOTH:TCEHY) advertising business is growing quickly. The company’s overall online advertising business grew 55% year over year in the first quarter. Social advertising grew faster, 69% year over year, and totalled 7.4 billion yuan (about $1.2 billion) — 69% of total ad revenue.
But Tencent made an interesting note in its quarterly report.
Small cap social media gaming stockZynga Inc (NASDAQ: ZNGA) reportedQ2 2017 earnings after the Wednesday market close. Revenue was above guidance by $9.2 million and up 15% year-over-year to $209.2 million whilenet income was $5.1 million, better than guidance by $11.1 million and an improvement of $9.5 million year-over-year.
Chinese internet giant Tencent Holdings/ADR (OTCMKTS:TCEHY) just reported first quarter numbers, and they were much better than expected. Revenue growth remained robust, while earnings came in well above expectations, easing concerns surrounding persistent margin-compression headwinds. As a result, Tencent stock traded more than 6% higher to just over $53.
There is a lot of noise in the stock market. Every day, discrete events send stocks up and down. These discrete events can be company-specific, like earnings reports, murmurs about mergers and acquisitions, analyst upgrades and downgrades, or investor presentations. Those discrete events can also be macro-related, including economic data or geopolitical news.
Facebook, Inc. (NASDAQ:FB) has been in the news for all the wrong reasons for some time now, but its data scandal might have actually helped investors looking to buy the social media giant’s stock at a more attractive valuation.
Recent Price Movement
Shares of Facebook tumbled from $185 per share in mid-March to $152 near the end of March as speculation about Facebook’s....More>>>
Wall Street goes shopping this week, starting with retail sales data tomorrow and then moving along to earnings reports from some of the major department- and big-box stores. By the time Friday rolls around, investors might have a better sense of how consumers are faring as summer looms.
Stocks ticked higher in pre-market futures trading early Monday despite weakness in European equities....More>>>
The cryptocurrency market closed out a lackluster week with a day of heavy selling on Friday, with most major currencies trading down more than than 6 percent. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move.
Korean authorities raided the offices of cryptocurrency exchange UpBit....More>>>
No one in modern financial history comes close to matching Warren Buffett’s record as an investor.
Hedge fund managers like John Paulson and Kenneth Griffin have had huge years along the way, and more conventional money managers such as Peter Lynch have turned in stellar performances as well, but none has performed at such a high level over such a long period of time as the Oracle of....More>>>
Investors sold shares of Facebook, Inc. (NASDAQ:FB) on strength during trading hours on Friday after an insider sold shares in the company. $827.96 million flowed into the stock on the tick-up and $1,125.29 million flowed out of the stock on the tick-down, for a money net flow of $297.33 million out of the stock. Of all equities tracked, Facebook had the highest net out-flow for the day. Facebook....More>>>
Facebook, Inc. (NASDAQ: FB) declined to comment Friday on reports the social media platform is considering a cryptocurrency to enable electronic payments.
“Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology,” a Facebook spokesperson said in a statement. “This new small team will be exploring many different applications. We....More>>>
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
Music streaming service Spotify (MUSIC) will go public sooner rather than later. Reuters reported a valuation around $16 billion ahead of the expected IPO, while Fortune valued the company at $20 billion in September of this year. Apart from the numbers and the final valuation, Spotify going publ
MILFORD, Mich. -- Chevrolet has revealed the first four-cylinder engine in the history of the Silverado pickup, a 310-horsepower, 2.7-liter turbocharged version that delivered smooth power in a short drive Thursday around General Motors test track.