SocialNewsBreaks Archive - Page 3 of 21

TuesdayMar 11, 2025 3:03 pm

SocialNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Faces Significant Stock Decline, Impacting Donald Trump’s Net Worth

Trump Media & Technology Group (NASDAQ: DJT) has experienced a substantial stock decline, leading to a significant reduction in former President Donald Trump's net worth. Since its peak in March 2024, DJT's stock has fallen by over 65%, reducing Trump's net worth from an estimated $6.5 billion to $4.3 billion by August 2024. As of March 11, 2025, DJT's stock is trading at $19.80, reflecting a decrease of approximately 50% since President Trump's inauguration. To view the full article, visit: https://ibn.fm/uIeWl About Trump Media & Technology Group Trump Media & Technology Group (TMTG) is an American media and…

TuesdayMar 11, 2025 1:50 pm

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Faces Allegations in Former Executive’s Memoir

Meta Platforms (NASDAQ: META) is under scrutiny following allegations detailed in a memoir by former director of global public policy Sarah Wynn-Williams. The book, Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism, claims former COO Sheryl Sandberg engaged in inappropriate behavior, including lavish spending and questionable workplace interactions. Additionally, Wynn-Williams accuses Meta’s Chief Global Affairs Officer Joel Kaplan of sexual harassment, alleging a pattern of misconduct that she says was ignored internally. Meta has denied the allegations, stating that prior investigations found no wrongdoing and that Wynn-Williams was terminated for performance-related issues. As of the latest trading…

ThursdayMar 06, 2025 2:48 pm

SocialNewsBreaks – Snap Inc. (NYSE: SNAP) Faces Stock Decline Amidst Profitability Concerns

Snap (NYSE: SNAP) has experienced a 7.9% decrease in its stock price since its last earnings report. Despite reporting a fourth-quarter profit of 1 cent per share and a 14% year-over-year revenue increase to $1.56 billion, concerns have arisen due to the company's plans to increase investments in 2025, potentially delaying profitability. As of 1:25 PM EST on March 6, 2025, Snap shares were trading at $9.70, down 0.85% from the previous close. To view the full article, visit https://ibn.fm/bouIC About Snap Inc. Snap Inc. (NYSE: SNAP) is a technology company that offers Snapchat, a multimedia messaging app, and Spectacles,…

ThursdayMar 06, 2025 1:50 pm

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Faces Criticism Over ‘Do-Not-Rehire’ Lists Amidst Ongoing Layoffs

Meta Platforms (NASDAQ: META) has come under scrutiny for maintaining internal "do-not-rehire" lists that prevent certain former employees from returning to the company, even those with strong performance records. Reports indicate that managers have the discretion to add individuals to these lists without documented performance issues, leading to concerns about transparency and fairness. This practice has raised alarms about potentially diminishing Meta's talent pool, especially as the company undergoes significant layoffs aimed at reducing "low-performing" staff by 5% to focus on artificial intelligence initiatives. As of 1:42 PM EST on March 6, 2025, Meta's stock was trading at $633.22, down…

TuesdayMar 04, 2025 12:54 pm

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Stock Price Down 4.3% Following Insider Selling

Meta Platforms (NASDAQ: META) saw its stock decline by 4.3% following insider selling activity. Chief Product Officer Christopher K. Cox sold 20,000 shares on Feb. 27 at an average price of $677.71, totaling approximately $13.55 million. The sale reduced Cox’s holdings by 6.08%, leaving him with 308,686 shares. Investors reacted to the transaction, contributing to the stock’s downward movement. As of the latest trading session, Meta shares traded at $629.50, down 3.9% on the day. The stock reached an intraday high of $657.50 and a low of $623.66. To view the full article, visit https://ibn.fm/li5pW About Meta Platforms Inc. Meta…

TuesdayMar 04, 2025 1:35 am

SocialNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Promotes Hesam Hosseini to COO; President Gary Swidler to Step Down

Match Group (NASDAQ: MTCH), has announced significant executive changes, promoting Hesam Hosseini to Chief Operating Officer effective April 1, 2025. Hosseini, who has been with the company since 2008, currently serves as CEO of Evergreen & Emerging Brands within Match Group. In his new role, he will focus on driving growth and execution across the company's global portfolio. Concurrently, Gary Swidler will step down as President on April 1 and continue as an advisor until July 4, 2025, marking the end of his decade-long tenure during which he played a pivotal role in taking the company public and driving strategic…

ThursdayFeb 27, 2025 12:20 pm

SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Ranked Among Top Magic Formula Stocks for 2025

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has been identified as a leading candidate in the "Magic Formula" investment strategy for 2025, securing the 5th position on Insider Monkey's list of best magic formula stocks. This strategy, developed by investor Joel Greenblatt, focuses on companies with high earnings yields and returns on capital. Alphabet's robust financial performance and dominant position in the technology sector contribute to its strong ranking. As of 10:37 AM EST on February 27, 2025, Alphabet's stock is trading at $170.28, reflecting a decrease of $2.46 (1.42%) from the previous close. To view the full article, visit https://ibn.fm/8qPEN About…

ThursdayFeb 27, 2025 11:54 am

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Apologizes for Instagram Reels Glitch Exposing Users to Graphic Content

Meta Platforms (NASDAQ: META) has issued an apology following a technical error that caused Instagram users to encounter a surge of graphic and violent content in their Reels feeds. On Wednesday, numerous users reported seeing disturbing videos, including depictions of killings and cartel violence, despite these videos being labeled as "sensitive content." A Meta spokesperson stated, "We have fixed an error that caused some users to see content in their Instagram Reels feed that should not have been recommended. We apologize for the mistake." This incident has raised concerns about Meta's content moderation policies, especially after the company replaced third-party…

WednesdayFeb 26, 2025 10:15 am

SocialNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Paid Donald Trump Jr. $813K in 2024, Nearly a Quarter of Annual Revenue

Trump Media & Technology Group (NASDAQ: DJT) compensated Donald Trump Jr. $813,000 in 2024, despite his attendance at only two board meetings, accounting for nearly 25% of the company’s total revenue. The payment coincided with Trump Jr. gaining control over more than half of the company's shares, raising questions about the firm's financial structure and governance. As of 8:53 AM EST on Feb. 26, 2025, Trump Media & Technology Group's stock is trading at $23.81, reflecting a decrease of $1.90, or 7.38%, from the previous close. To view the full article, visit https://ibn.fm/zFnaU About Trump Media & Technology Group Trump…

WednesdayFeb 26, 2025 10:08 am

SocialNewsBreaks – Sprout Social Inc. (NASDAQ: SPT) Reports 14% Revenue Growth in Q4 2024, Non-GAAP Net Income Jumps to $10.7M

Sprout Social (NASDAQ: SPT) reported a 14% year-over-year increase in fourth-quarter 2024 revenue, totaling $107.1 million. The company's current remaining performance obligations grew by 26% to $249.4 million. Non-GAAP net income reached $10.7 million, or $0.19 per share, up from $1.0 million, or $0.02 per share, in the same period last year. CEO Ryan Barretto highlighted the company's focus on enterprise growth and customer engagement as key drivers for future expansion. As of 9:02 AM EST on February 26, 2025, Sprout Social's stock is trading at $27.25, reflecting a decrease of $0.66, or 2.34%, from the previous close. To view…

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