|Day Low/High||15.56 / 16.41|
|52 Wk Low/High||9.16 / 19.75|
SNAP has an impressive base formation on its weekly chart. Here's how we'd play it.
Chip suppliers and others are benefiting as smartphone camera counts rise and camera penetration rates grow in other markets.
I am simply respectful of the power of hope melded with the strength of so many parts of technology and I want to buy, not sell, these stocks when they get hammered.
The following names have some risks attached. But they're also seeing strong growth and trading at relatively subdued valuations.
RealMoney's Eric Jhonsa reviews which of his 2019 tech predictions did and didn't pan out.
Recent reports have heightened fears that the FTC will push for Facebook to be broken up. But any such effort is by no means guaranteed to succeed...and might not be a disaster for shareholders even if it did.
If you are looking for the pain in this exuberant market it is in the names classified as technology plays with market caps between $5 billion and $100 billion.
In the market cap bracket between $5 billion and $100 billion sit some of the most egregiously overvalued, economically inefficient bubble stocks in this peaking market.
TikTok's short-length video platform has become quite popular with younger consumers. But it isn't exactly a substitute for services such as Instagram and Snapchat Stories.
When things are going well it is always difficult to see an inflection point.
More than four-fifths of U.S. teens still report owning an iPhone, and more than a third now say that YouTube is the video service they watch the most.
It's being reported that Google is having discussions with Firework, a free smartphone app for users to share 30-second homemade videos, as it looks to contend with video sharing company TikTok. Given the growing consumption of short-form or "snacki...
Odds are there will be more to follow, but here's a list of upgrades and downgrades happening here on Friday morning. Upgrades: Boston Beer upgraded to Neutral from Sell at UBS Charter Communications upgraded to Overweight from Sector Weight at Key...
So many companies -- like Netflix, Facebook and Johnson & Johnson -- are not trading on earnings per share, but on factors that are nearly impossible to quantify.
Shares have more than tripled since being written off for dead around Christmas 2018.
Other than gold and silver, there are no real pockets of strength.
These buyers are most likely to be flippers and they will exit fast and kill the bounce tries.
I expect that tonight's report and future guidance will roughly be inline or to the high end of expectations.
Facebook, Google and Amazon all reported good numbers for their online ad businesses, as did Twitter and Snap.
While regulators would face an uphill fight trying to fully break up tech giants, they could push for the companies to change their business practices in a number of areas.
Earnings season continues to be upbeat and there are no signs of the economic weakness the bears were looking for.
Here's what Snap has to do to keep the momentum going.