Twitter, Inc. (TWTR) is expected to report earnings on July 27 before market open. The report will be for the fiscal quarter ending June 2018. Shares are trading at 43.31, down -0.25%. Twitter rang in its second straight profitable quarter while surpassing analysts' expectations for the top and bottom line. The growth in daily active users comfortably outpaced...
Bitcoin is trading at $8,302, up 4% from yesterday. Bitcoin price broke the key resistance against the US Dollar at $8,000. On the hourly chart of BTC vs. USD, we find a key connecting bullish trend line with a support level at $8,250. Bitcoin's dominance in the crypto market got a boost when its price broke the $8,000 level for the first time in the past two...
Facebook continues to benefit from an increased allocation of marketing and advertising dollars toward online advertising, more specifically mobile and social-network ads where Facebook is especially well positioned. The firm’s Facebook app, along with Instagram, Messenger, and WhatsApp, is among the world’s most widely used apps on both Android and iPhone...
Last week, Rosenblatt initiated coverage of AAOI at Sell amid worries of price wars and declining margins. Even with demand up for fiberoptics in China and the United States, price competition should heat up in 100G and 400G module markets, which may make AAOI's 40%-range gross margin unsustainable. Piper Jaffray is upbeat on the optical-equipment makers today,...
Analysts expect Qualcomm’s licensing business to show a solid growth, because of increased 3G and 4G device adoption. However, recent government investigations into the business model and the Apple lawsuit against Qualcomm’s business practices have increased the possibility of negative effects on royalty revenue. Qualcomm may be able to withstand these inquiries...
Cardano finds a place among the top 10 cryptocurrencies. In the recent bull cycle, only Stellar(XLM) exceeded Cardano's gains (28% vs. 20%) among the top cryptos. Recently, Coinbase's decision to list Cardano on its exchange caused the cryptocurrency price to shoot up. Another reason for the price surge is the fact that altcoins increasingly draw the attention...
One of the things that analysts are watching out for is the impact of patent expirations on the company's revenue and margin. Gilead's HIV franchise saw the first important patent expirations in 2017, and the firm needs to convert patients to newer products like Genvoya and Biktarvy to avoid a significant hit to sales. Gilead generates stellar profit margins...
Although Verizon remains the leader in the U.S. wireless market, T-Mobile and Sprint are undermining its duopoly with AT&T at the margin. Disruptive actions by these two smaller rivals--such as offering unlimited data plans--threaten to make overall industry economics less attractive and conflict with Verizon's core strategy of leading with network quality and...
As the U.S. wireless market matures, AT&T has pursued large acquisitions in order to grow and diversify revenue. First, with the DirecTV acquisition, AT&T aims to cross-sell video offerings with its wireless service in the hopes of reducing churn and extracting increased value out of its subscriber base through unique value propositions such as bundled offerings....
Alphabet’s network effect continues to drive growth in the size and overall usage of Google’s ecosystem which help the firm remain the behemoth in online advertising and gain further traction in enterprise cloud. While the better-than-expected first-quarter revenue helped beat expectations on the bottom line, the growing traffic acquisition costs plus further...