SocialNewsBreaks Archive - Page 2 of 22

WednesdayMay 07, 2025 1:25 pm

SocialNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Faces Proxy Battle as Anson Funds Seeks Board Changes

Match Group (NASDAQ: MTCH) continues to hold a “Moderate Buy” consensus rating from Wall Street analysts, even as the stock underperforms broader market indices. According to Barchart, 24 analysts currently cover the stock, with the consensus rating remaining steady at 3.71 out of 5 over the past three months. This suggests cautious optimism about the company’s long-term prospects, despite recent challenges. However, technical indicators present a more bearish outlook, with Barchart’s composite technical opinion rating the stock as a 72% “Sell,” indicating a weakening short-term trend. As of the latest trading session, Match Group shares are priced at $30.26, reflecting a…

WednesdayApr 23, 2025 9:25 am

SocialNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Partners with Davis Polk to Launch MAGA-Themed Crypto ETFs

Trump Media & Technology Group (NASDAQ: DJT) the parent company of Truth Social, has announced a partnership with prestigious law firm Davis Polk & Wardwell to develop MAGA-themed cryptocurrency exchange-traded funds (ETFs). This collaboration includes Crypto.com and Yorkville America Digital, aiming to launch ETFs focused on digital assets and "Made in America" industries. Notably, Davis Polk's Greg Andres, who co-leads its white-collar defense practice, previously served on Special Counsel Robert Mueller's team during the investigation into Russian interference in the 2016 election. The partnership signifies a significant move by a major law firm to engage with Trump despite his history…

TuesdayApr 22, 2025 3:32 pm

SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Faces Mixed Outlook Ahead of Q1 Earnings

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is set to report its first-quarter 2025 earnings on April 24, with analysts projecting earnings of $2.01 per share and revenues of $75.53 billion. The company’s advancements in generative AI, particularly through its Gemini platform, have bolstered its search and cloud services. However, concerns about high valuation and intense competition in the cloud sector contribute to a cautious investor sentiment. As of 1:08 p.m. EDT on April 22, 2025, Alphabet's stock is trading at $151.61, up $3.94 (2.67%) from the previous close. To view the full article, visit https://ibn.fm/9GDvk About Alphabet Inc. Alphabet Inc. is…

TuesdayApr 22, 2025 3:20 pm

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Launches Edits App to Empower Creators

Meta Platforms (NASDAQ: META) has officially launched Edits, a standalone mobile video creation app designed to help creators produce high-quality content, including Instagram Reels, directly from their phones. The free app offers long-form capture, clip-level editing, real-time insights, and seamless integration with Instagram and Facebook. As of 1:14 p.m. EDT on April 22, 2025, Meta's stock is trading at $505.66, up $21.00 (4.33%) from the previous close. To view the full article, visit https://ibn.fm/eEl6n About Meta Platforms Inc. Meta Platforms Inc. is a leading technology company that builds innovative products and services to connect people and communities. The company's offerings…

TuesdayApr 22, 2025 10:16 am

SocialNewsBreaks – Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) Partners with Crypto.com, Yorkville to Launch America-First ETFs

Trump Media and Technology Group (Nasdaq, NYSE Texas: DJT) has signed a binding agreement with Crypto.com and Yorkville America Digital to launch a series of exchange-traded funds and products through its Truth.Fi brand. The ETFs will include digital assets and U.S.-focused securities spanning sectors like energy. Subject to regulatory approval, the offerings will launch later this year with global distribution via Crypto.com’s Foris Capital US LLC. TMTG plans to invest up to $250 million into the initiative from its cash reserves, with custody by Charles Schwab. To view the full press release, visit https://ibn.fm/J82l9 About Trump Media and Technology Group…

MondayApr 14, 2025 3:18 pm

SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Evaluated as Buy or Sell Below $160 Amid Market Volatility

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) the parent company of Google, is drawing mixed sentiment from analysts as its stock hovers below the $160 threshold during broader market turbulence. Some argue the current dip presents a buying opportunity, given strong fundamentals in cloud computing, digital advertising, and AI development. Others remain cautious, pointing to rising regulatory pressures and tightening economic conditions. The debate reflects broader uncertainty as investors reassess valuations across the tech sector amid evolving monetary policy and geopolitical tensions. Alphabet shares are currently trading at $157.13, down 1.1% on the day, as investors weigh growth potential against macroeconomic headwinds. …

MondayApr 14, 2025 1:15 pm

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Faces FTC Antitrust Trial Over Social Media Dominance

Meta Platforms (NASDAQ: META) began its high-stakes antitrust battle with the Federal Trade Commission (FTC) as the trial opened in federal court Monday. The FTC accuses Meta of illegally maintaining a social media monopoly through acquisitions of Instagram and WhatsApp, which the agency argues were strategic moves to suppress competition. The outcome could reshape how tech giants operate and acquire competitors, with potential ripple effects across the digital advertising landscape. Meta contends the acquisitions were legal and enhanced consumer choice, setting up a closely watched legal showdown. Meta shares are trading at $488.47, down 0.6% as the trial’s implications weigh…

TuesdayApr 08, 2025 3:41 pm

SocialNewsBreaks – Snap Inc. (NYSE: SNAP) Lags Behind Social Media Peers Despite Broader Market Gains

Snap (NYSE: SNAP) underperformed its competitors on Monday, closing the trading session with a 0.36% decline while major indexes and rival social media stocks saw modest gains. Despite broader strength in the communications and tech sectors, Snap’s stock continues to struggle amid ongoing questions about user growth, advertising revenue, and competition from platforms like Meta and TikTok. The company remains under pressure to prove the effectiveness of its platform for advertisers while navigating shifting privacy regulations. Snap shares are currently trading at $11.18, down slightly from the previous close and continuing to trend below key moving averages. To view the…

TuesdayApr 08, 2025 1:30 pm

SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Shows Technical Strength With Breakout Past Key Resistance

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is displaying bullish momentum as it breaks out above a 153.78 buy point from a flat base, signaling renewed investor confidence in the tech giant. The move comes after a period of consolidation and is supported by healthy trading volume. Alphabet, the parent of Google, has also recently crossed its 50-day moving average, a key technical indicator watched by traders. With its artificial intelligence initiatives gaining traction and solid earnings growth, the stock appears well-positioned heading into the second quarter. Alphabet shares are currently trading around $157.89, up 0.4% on the day and maintaining a…

TuesdayApr 08, 2025 1:20 pm

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Defends Integrity of LLaMA 4 Benchmark Scores Amid AI Scrutiny

Meta Platforms (NASDAQ: META) is pushing back against allegations that it artificially inflated benchmark scores for its upcoming LLaMA 4 large language model, following criticism from the AI research community. During a presentation at an AI conference in Paris, Meta’s VP of AI, Joelle Pineau, firmly denied any manipulation, emphasizing the company’s commitment to transparency and reproducibility. The controversy comes as Meta competes with OpenAI and Google in the race to dominate generative AI, and ahead of LLaMA 4’s expected open release this summer. Meta shares are currently trading at $509.02, up 1.3% on the day as investors appear unshaken…

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