SocialNewsBreaks Archive - Page 3 of 23

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…

FridayApr 04, 2025 9:40 am

SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Gains Momentum as Tariff Clarity Lifts Growth Stock Sentiment

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is seeing renewed investor interest following expectations that resolution around tariff policy could trigger a broader rally in growth stocks. Analysts point to the tech giant’s strong fundamentals and AI capabilities as key strengths that could help it lead a comeback among megacap growth names. After months of underperformance due to macro uncertainty and interest rate concerns, Alphabet is now being re-evaluated as a strategic holding amid shifting trade dynamics and improving investor sentiment. Alphabet shares are currently trading at $152.89, up $2.11 (1.40%) from the previous close as bullish momentum returns to the stock.…

WednesdayMar 26, 2025 12:10 pm

SocialNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Shares Surge Following ETF Partnership with Crypto.com

Trump Media & Technology Group (NASDAQ: DJT) the parent company of Truth Social, experienced a notable stock increase after announcing a partnership with Crypto.com to launch a series of exchange-traded funds (ETFs). These ETFs will focus on digital assets and securities emphasizing a "Made in America" theme, encompassing industries such as energy. Crypto.com will provide the backend technology and supply the cryptocurrencies for the ETFs, which are expected to include a unique basket of cryptocurrencies like Bitcoin and Cronos. The collaboration aims to offer investors options that align with their principles and support U.S. companies focused on their core businesses.…

WednesdayMar 26, 2025 12:07 pm

SocialNewsBreaks – Pinterest Inc. (NYSE: PINS) Gains Hedge Fund Interest as Affordable Stock Option

Pinterest (NYSE:PINS) has garnered attention from hedge funds, ranking 10th on Insider Monkey's list of the 14 best affordable stocks to buy. As of the fourth quarter of 2024, 73 hedge funds held positions in the company. The stock was priced at $32.42 as of March 22, 2025. As of 10:25 AM EDT on March 26, 2025, Pinterest's stock is trading at $33.41, reflecting a decrease of $1.22 (3.52%) from the previous close. To view the full article, visit https://ibn.fm/LTleb About Pinterest, Inc. Pinterest, Inc. is a visual discovery platform that enables users to find inspiration for various projects…

WednesdayMar 26, 2025 11:10 am

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Stock Surges Amid AI Expansion Talks

Meta Platforms (NASDAQ: META) experienced a notable stock increase, closing up 3.9% on Monday, March 24, 2025. This surge follows reports of Meta's discussions with India's Reliance Industries to host Meta's AI models in a forthcoming data center in Jamnagar, Gujarat, projected to be the world's largest. The potential collaboration underscores Meta's commitment to expanding its artificial intelligence footprint in the rapidly growing Indian market. Additionally, Meta reported a 22% revenue increase in 2024, reaching $164.5 billion, reflecting robust growth in its core social media business. As of 10:28 AM EDT on March 26, 2025, Meta's stock is trading…

WednesdayMar 26, 2025 11:00 am

SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Reports Strong 2024 Revenue Growth Driven by Core Services

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) reported a 14% increase in revenue for 2024, reaching $350 billion. The growth was primarily driven by its core services, with Google Search generating $198.1 billion (56.6% of total revenue) and YouTube Ads contributing $36.1 billion (10.3%). Google Cloud also saw significant growth, bringing in $43.2 billion (12.4%). The U.S. market accounted for approximately half of Alphabet's annual sales. As of 10:33 AM EDT on March 26, 2025, Alphabet's stock is trading at $170.28, reflecting a decrease of $2.51 (1.45%) from the previous close. To view the full article, visit https://ibn.fm/441og About Alphabet Inc.…

ThursdayMar 20, 2025 11:33 am

SocialNewsBreaks – Hello Group Inc. (NASDAQ: MOMO) Upgraded to ‘Buy’ by Huatai Securities With $11.69 Target

Hello Group (NASDAQ: MOMO), received an upgrade from Huatai Securities, which raised the stock's rating to "Buy" and set a target price of $11.69. The firm cited the company's strong user engagement and revenue growth potential as key factors in its revised outlook. Hello Group, known for its Momo and Tantan social networking platforms, continues to expand its influence in China's online dating and social discovery market. As of the latest trading session, Hello Group’s stock is priced at $6.77, reflecting a decrease of $0.14 (2.03%) from the previous close. To view the full article, visit https://ibn.fm/ZRmJe About Hello Group…

ThursdayMar 20, 2025 10:50 am

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

Match Group (NASDAQ: MTCH), s confronting a proxy challenge from hedge fund Anson Funds, which plans to nominate directors to the company’s 10-member board. Anson, holding approximately 0.6% of Match Group’s shares as of December, has been advocating for over a year for the parent company of Tinder, Hinge, and OkCupid to reassess capital allocation, reduce costs, and evaluate its MG Asia business. The hedge fund has also expressed concerns about corporate governance and executive turnover, noting that Match Group has had four CEOs in five years. As of 10:30 AM EDT on March 20, 2025, Match Group’s stock is…

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