Twitter shares fell more than 17%

News

Twitter shares fell more than 17%

03.11.2020 News

According to trading data, securities of the microblogging service Twitter Inc. after the close of the main trading session in the US fell in price by more than 17%, also according to financial statements, in the red were the shares of US technology giants Amazon, Apple and Facebook, only Alphabet reporting pleased investors.

Thus, shares of Twitter after the close of the main trading session on the NASDAQ fell by 17.53%, Amazon – by 1.87%, Apple – by 4.22%, Facebook – by 2.65%. At the same time, Alphabet shares rose by 6.5%.

Traders in the Twitter report were disappointed that the number of active users of the network in the third quarter increased by one million or 0.5% quarterly – to 187 million people per month, although analysts expected growth to 195 million people.

Apple reported revenue growth for the fourth quarter of 2019-2020 (the quarter ended September 26) by 1% year on year, to $ 64.7 billion. The indicator exceeded forecasts, but traders could be disappointed by the slowdown in growth compared to the previous quarter, when revenue grew by 11% year on year.

Shares of Amazon and Facebook also fell, despite the fact that their financial performance exceeded analysts’ forecasts.

Other articles

  • Amazon is releasing updated Echo Frames smart glasses with Alexa
    News

    Amazon is releasing updated Echo Frames smart glasses with Alexa

    On Thursday, Amazon announced the release of its updated smart glasses Echo Frames starting on December 10. Now everyone will be able to buy it. The new product from Amazon for $ 250 will go on sale just before the holiday weeks, which is a good time to start the release. Analysts and market experts […]

  • Shares of Zoom and other IT companies crashed on news of successful testing of the vaccine from COVID-19
    News

    Shares of Zoom and other IT companies crashed on news of successful testing of the vaccine from COVID-19

    Shares of Zoom and other companies, which rose amid the pandemic and lockdown, fell in trading on Monday. The reason was the announcement of two biotechnology companies about the successful testing of a promising vaccine, writes CNBC. Shares of the Zoom video conferencing service fell 17.4% by the end of the trading day. Amazon and […]

  • Apple announced the third presentation since the beginning of the year
    News

    Apple announced the third presentation since the beginning of the year

    Apple has announced that it will hold a presentation of new products next week – the third since the beginning of 2020. According to the company’s website, the event will be broadcast from the head office in California on Tuesday, November 10. The company announces the event with the words “One More Thing”. This phrase, […]

  • Amazon reported a 37% increase in revenue
    News

    Amazon reported a 37% increase in revenue

    Shares of Amazon, which rose by 73.8% since the beginning of the year (more than the growth of Apple, Microsoft, Google and Facebook), fell 2% after closing trading on Thursday, when the company released a report for the 3rd quarter, which ended September 30. Amazon set a new revenue record, e-commerce increased sales by 57% […]

  • The third quarter of Alphabet showed growth in search advertising revenue and strong growth in YouTube
    News

    The third quarter of Alphabet showed growth in search advertising revenue and strong growth in YouTube

    Shares of Alphabet, which rose 18.2% over the past 6 months, rose 9% after closing trading on Thursday when the global advertising giant announced significant improvements in the reporting quarter. Google’s parent financial report far exceeded analysts’ expectations and showed a resumption of advertising revenue growth after reporting a drop in revenue for the first […]

  • Samsung Electronics came in first in the world in sales of smartphones
    News

    Samsung Electronics came in first in the world in sales of smartphones

    South Korean company Samsung Electronics in the third quarter of this year took first place in the global smartphone market. This was reported on Friday by KBS, citing data from the international research company Counterpoint Research. According to this data, during this period, Samsung controlled 22% of the world market. In second place is the […]

  • Apple’s quarterly revenue broke the record
    News

    Apple’s quarterly revenue broke the record

    American gadget manufacturer Apple Inc. in July-September reduced net income to $ 12.67 billion, or $ 0.73 per share, compared to $ 13.68 billion, or $ 0.76 per share, for the same period in 2019. Stock analysts forecast a rate of $ 0.71 per share. Apple’s quarterly revenue grew 1% year on year to $ […]

Read also

Twitter shares fell more than 17%
News

Another Ukrspirt plant was sold at auction for 90 million

The State Property Fund held an auction for the privatization of the property of the Ivankivka distillery located in the Cherkasy region. According to its results, the state budget should receive 90 million hryvnias, according to the agency’s website. It is noted that six participants competed for ownership at the open auction, which increased the […]

Next
Twitter shares fell more than 17%
News

Asus restructured its office in Ukraine

In the course of the global restructuring,  ASUS in Ukraine closes entity which hasn’t worked for several years. Asus Technology PTE Limited Company (registered in Singapore) announced the cancellation of registration through  the liquidation of its office Asus Technology PTE (Kiev). This is stated in a message of the government publication Governmental Courier. The head […]

Next
Twitter shares fell more than 17%
News

Life announced the rebranding

The “Astelit” company in the near future will carry out the rebranding of mobile operator life. It is not just about changing the symbols and corporate colors, but also to change the name: new brand can get a name ‘lifecell’ similar to the parent company Turkcell. As well as the logo symbol of the Turkish […]

Next
Twitter shares fell more than 17%
Analytics

Relations Refinement Registration with the Builder. Part III

Continuing a topic of the relations correct registration  between investors and the builder we continue to inform about legal niceties of  such relations possible options registration within a “Construction scam”special project. We have already said about how to arrange the agreement of share participation, the purchase and sale provisional agreement. Today it will be an  […]

Next
Twitter shares fell more than 17%
News

Serbia opens its market for Ukrainian fowl

Ukraine and Serbia have approved a veterinary certificate form for export of fowl. The companies which can export to the EU only could perform the deliveries. Public service of Ukraine on safety issues of foodstuff and consumer protections (PSUSIFCP) and veterinary service of Serbia have approved a form of the veterinary certificate for export of […]

Next
Twitter shares fell more than 17%
News

Google will charge the commission of 30% of all purchases on Google Play

Google has updated its application store policy: the corporation makes it mandatory to use its payment system for digital purchases on the Google Play. The new rules will take effect in a year, on September 30, 2021. The update of the usage policy means that in a year application developers will not be able to […]

Next
Twitter shares fell more than 17%
News

The United States agreed to strengthen sanctions against Nord Stream-2

Representatives of the House of Representatives and the US Senate have agreed to include additional sanctions against Russia’s Nord Stream-2 gas pipeline. The sanctions will be included in the US State Defense Act for 2021.This was reported by Bloomberg. The sanctions will affect insurance and certification companies working with Russian courts to complete the project. […]

Next
Twitter shares fell more than 17%
News

The Security Service of Ukraine disclosed the company that tried to assign 37 million UAH from Agrarian Fund

The Security Service of Ukraine (SSU) has disclosed the company in Rivne region, which was trying to assign means of “Agrarian Fund”, PJSC, said the SSU press-center. According to the report, “Agrarian Fund”, PJSC has concluded the exchange transaction with a private company for the supply of 16 thousand tonnes of wheat worth over 67 […]

Next
Twitter shares fell more than 17%
News

Pfizer and BioNTech have applied for registration of the COVID-19 vaccine in Europe

The American company Pfizer and the German BioNTech have applied to the European Medicines Agency for registration of their coronavirus vaccine. The announcement was published on the BioNTech website. “On Monday, November 30, Pfizer and BioNTech filed a formal application with the European Medicines Agency for a conditional authorization to use their COVID-19 candidate vaccine […]

Next
Twitter shares fell more than 17%
News

IPO Snowflake has become the largest in the history of IPO software

After a sensational debut Snowflake on the NYSE on Wednesday, shares of the cloud storage and processing company are expected to fall ahead of trading on Thursday. Shares of Snowflake fell to 4.3%. Snowflake brought 28 million shares to the public market to raise $ 3.36 billion during the largest software IPO in history. Shares […]

Next
Twitter shares fell more than 17%
News

Elon Musk is the second in the list of richest people in the world

Founder of Tesla Inc. and SpaceX Elon Musk took second place in the list of the richest people in the world, ahead of Microsoft founder Bill Gates. This was reported by the Bloomberg Billionaires Index. Over the past 12 months, Mask’s fortune has grown by about $ 100 billion, according to Bloomberg estimates. According to […]

Next
Twitter shares fell more than 17%
News

Defence of the ex-chairman of Mikhaylovsky bank has lost the appeal

Ihor Doroshenko has been left in the predetention center. The appellate court of Kyiv rejected a request of Ihor Doroshenko, an ex-chairman of the board of Mikhaylovsky bank to be entitled to plead   and left it in the predetention center — the press service of Appellate court of the Kyiv city reports. Therefore, the judge’s  […]

Next
Twitter shares fell more than 17%
News

The Ukrainian court refused Sberbank in collecting debts from Zaporizhstal

The District Court of Zaporizhia refused  Sberbank in approval of decision of Russian curt about enforcing  recovery of debts in $ 10.4 million from  the Ukrainian metallurgical combine “Zaporizhstal”, reports RIA “Novosti”. The  court’s decision stated that on January 25, Sberbank of Russia appealed to the Court of Zaporizhia with a statement to allow the […]

Next
Twitter shares fell more than 17%
News

” Mariupol Ilyich Iron and Steel Works “, JSC lost in the court over 1 billion UAH

” Kryvyi Rih Iron Ore Plant”, JSC  won in a court case to recover from the ” Mariupol Ilyich Iron and Steel Works “, JSC  the part of the ”Metinvest” group, a total 1.32 billion UAH  for the delivered products – the iron ore together with penalty charges. This is stated in the decision of […]

Next
Twitter shares fell more than 17%
News

Walt Disney has invested $ 400 mln. to the creation of new cable channel

The Walt Disney Company has decided to invest in the creation of successful new cable channel called Viceland, which involve “fresh” audience and raise ratings. A few weeks after the initial investment, Disney has doubled the amount of investment in a digital media company Vice Media; as a result of the total transaction amount is […]

Next
Twitter shares fell more than 17%
News

Apple has intensified its work on a competitor to Google search

Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com