Snap sends a warning to investors: prepare for the worst and lower expectations

On Monday, Snap (NYSE:SNAP) warned investors that worsening global conditions are impacting its business, and investors should lower expectations. This warning sent Snap’s stock down 43%, with the NASDAQ falling 2.3% yesterday. What’s the big deal? Advertising was expected to slow — but now we’re seeing just how bad it can get. In an 8-K…

Read more

Elon Musk’s Twitter acquisition is in limbo

Elon Musk’s Twitter (NYSE:TWTR) acquisition is anything but done. $TWTR had fallen below the stock price before Elon Musk announced his initial stake — and is down over 30% from its $54.20 acquisition price. Speculations are now on Musk backing out or negotiating a better price. The Twitter clown show continues Musk rushed to put…

Read more

Meet Twitter’s new owner: Elon Musk

After weeks of back and forth, Twitter has accepted Elon Musk’s buyout offer for $52.40 per share ($44B total) — over 30% below $TWTR’s 52-week high. Elon Musk is funding the deal with $25.5B in loans and $21B in personal equity. The loans could burden Twitter with ~$1B in annual interest payments (~20% of annual…

Read more

Elon Musk turns Twitter into a meme stock

Elon Musk has taken a 9.2% stake in Twitter — becoming its largest shareholder and sending its stock up 27% yesterday. What’s the big deal? Musk has social influence that rivals the President’s so when he gets involved with or tweets about a company to his 80M Twitter followers — the entire investing world tunes…

Read more

Trump’s Truth Social hits the app store

Trump’s Truth Social — the social media platform encouraging free speech — hit the app store Sunday. What’s the big deal? After being banned from Twitter in 2021 — Donald Trump decided to launch his own social media platform — a free speech Twitter clone. Soft launched last Sunday — its official launch expected in…

Read more

Is it only downhill from here for Meta?

If you’re one of the many Meta investors or employees, our condolences. It may be time to ask the tough questions: Has Meta peaked — or is a rebound on the brink? Putting Zuck in the ringer Meta obituaries have been written many times over the years. But Zuckerberg repeatedly proved haters wrong. He’ll have…

Read more

Will Twitter go the way of Meta or Snap in its earnings report?

It’s been a big earnings season for social media companies — Meta crashed (-27%), Snap broke out (+53%) and Pinterest landed somewhere in the middle (+9%). Where will Twitter end up on the earnings spectrum? What’s the big deal? Twitter’s stock is down over 50% since peaking last February and its upcoming earnings report will…

Read more

Problems pile up at Facebook but its stock tells a different story

Facebook – users don’t trust it, news coverage on it is mostly negative, yet its stock keeps soaring.  This time though, with Apple’s latest privacy updates, Facebook is not getting off so easy. Ignorance isn’t always bliss This week, the WSJ released the “Facebook Files”, adding to Facebook’s already long list of alleged misconduct: User…

Read more

Snap is doubling down on augmented reality with a long-shot bet

Snap (NYSE:SNAP) isn’t giving up on its augmented reality (AR) glasses, which flopped in 2016. Instead, it’s doubling down, with a $500m acquisition of WaveOptics, an AR technology startup. What’s the big deal? Snap has been on an acquisition spree, with WaveOptics being Snap’s largest to date — all part of its plans to grow…

Read more

Snapchat Stock: Product innovation is driving Snapchat’s growth

Snap isn’t the disappearing chat app you once thought it was. Snapchat stock: With a focus on e-commerce/augmented reality (AR) and addiction with pumping out new products — Snap is positioning itself for years of rapid growth.  Launch, expand, repeat With usage surging during the pandemic, Snap has grown into so much more than a…

Read more