Twitter Inc. It posted its second 1 billion quarter on Tuesday, sending its shares up nearly 4% in subsequent trading to a 52-week high. Twitter TWTR, + 2.87% Analysts at Factset said the stock had a net income of 22 222 million, or 29 cents, against expectations of 29 cents. …
Read More »Ready for another big tech hearing / earnings doubleheader?
Three months ago, Big Tech’s biggest names were caught up in a congressional hearing that was rigged by politicians for their business dominance, then paraded in front of Wall Street a day later to appease them for their financial dominance. Someone must have enjoyed it, because it is going to …
Read More »Tesla founder Elon Musk shows short sellers on Twitter
Text size Elon Musk, CEO of Tesla and SpaceX, poses on the red carpet when he arrives at the 43rd “Goldenes Lenkrad” (golden flyer) on November 12, 2019 in Berlin. Photo by Tobias SCHWARZ / AFP AFP via Getty Images Tesla CEO Elon Musk is, frankly, a huge follower of …
Read More »Starbucks pulls ads from Facebook and other social media platforms
Starbucks SBUX, -3.08% announced in an online statement Sunday that it is “pausing” ads across all social media platforms, two days after consumer products conglomerate Unilever UN, -0.58% ULVR, + 1.23% A, + 0.65% said he was stopping American advertising on Facebook FB, -8.31% and Twitter TWTR, -7.39% until the …
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