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

Ukrzaliznytsia suffered record losses

Ukrzaliznytsia suffered record losses in less than 2020 – more than 11 billion hryvnias. At the same time, this year the company plans to make a profit of 3.5 billion. According to the Marlin project, Ukrzaliznytsia’s loss in the first three quarters of last year amounted to UAH 11.36 billion. Such results in UZ were […]

Next
Twitter shares fell more than 17%
News

ChatGPT app earned 30 times more than its competitors combined

Since its launch in May 2023, the ChatGPT mobile app has generated $2 billion, reports TechCrunch, citing data from analytics firm Appfigures. This is 30 times more than the combined revenues of its main competitors – Claude, Copilot, and Grok. In 2025, the numbers skyrocketed: from January to July alone, users spent $1.35 billion, which […]

Next
Twitter shares fell more than 17%
News

Lauffer Group will invest 14 million UAH in trade infrastructure

Lauffer Group will invest 14 million UAH in the expansion and reconstruction program of its own trading network. Lauffer Group continues to implement a program of expansion and renovation of its own sales network in Odessa, Kharkiv and Dnipropetrivsk regions, according to ProAgro. In 2015, Lauffer Group invested about  4.25 million UAH in the opening […]

Next
Twitter shares fell more than 17%
News

Ukrainian startup Petcube received $ 2.6 million investments

Ukrainian startup Petcube,  which successfully sells  gadgets for pets, has attracted an investment in amount of $ 2.6 million from such investors as Almaz Capital and AVentures Capital, which previously invested in the start-up $ 1.1 million.  Also, in the round participated legendary business incubator Y Combinator; Ukrainians got into the program of the Y […]

Next
Twitter shares fell more than 17%
News

Amazon is in talks to buy Metro-Goldwyn-Mayer for $ 9 billion

Amazon seems to be looking for a new strong factor for its growth. On Monday, the media wrote about its talks with MGM Holdings, the holding company that owns the 100-year-old film studio Metro-Goldwyn-Mayer. Shares of Amazon jumped 1.47% at the close of trading on the NASDAQ on Monday, continuing to rise in non-trading time. […]

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

Ukraine repaid the loan to Deutsche Bank ahead of schedule

Ukraine has repaid a $ 350 million loan to Deutsche Bank AG London ahead of schedule this week, Interfax-Ukraine reports citing a source. Including interest, the payment was about $ 354 million. Ukraine took this loan in December last year for up to six months at a rate of up to three-month LIBOR + 5.75%, […]

Next
Twitter shares fell more than 17%
News

Ukrainska pravda changed its owner

Olena Prytula, editor-founder of the Ukrainska pravda online publication, and Tomasz Fiala, CEO of Dragon Capital, have entered into an agreement under which 100% of the corporate rights to the publication and all its assets will pass to the Dragon Capital Group. This was reported on the website of the investment company. It is noted […]

Next
Twitter shares fell more than 17%
News

The US and the EU will end the trade dispute between Boeing and Airbus

Authorities in the United States and the European Union have agreed to end a long-running trade dispute over the aerospace concerns Boeing and Airbus, which has resulted in mutual tariffs of more than $ 10 billion, said Catherine Ty, the US representative at the trade talks. “The US-EU agreement marks significant progress in reaching a […]

Next
Twitter shares fell more than 17%
News

Russia’s External Public Debt Reaches Record Level

Russia’s external government debt reached $61.97 billion as of February 1, 2026, the highest figure in the past 20 years, according to data from the Ministry of Finance of Russia, reported by The Moscow Times. As of January 1, 2006, Russia’s external public debt stood at $76.5 billion, but by 2007 it had fallen to […]

Next
Twitter shares fell more than 17%
News

The EU is asking Facebook to suspend the transfer of its users’ data to the United States

The European regulator on personal data protection has sent a preliminary order to American Facebook to stop the transfer of data of its users in the United States, according to the Wall Street Journal, citing sources familiar with the situation. “The EU’s privacy regulator has sent a preliminary order to Facebook for suspending the transfer […]

Next
632595f853279441907151 730x410
News

The September, 29 will take place the international investment forum REBUILDING UKRAINE WITH THE PRIVATE SECTOR: International Investment Fair

In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]

Next
Twitter shares fell more than 17%
News

Hyundai Recalls More Than 600,000 Crossovers

Hyundai Motor has announced a large-scale vehicle recall in the United States due to potentially dangerous airbag performance. According to Reuters, citing the U.S. National Highway Traffic Safety Administration (NHTSA), the service campaign affects 568,576 Hyundai Palisade crossovers. According to the regulator, in these vehicles the side curtain airbags for third-row passengers may deploy incorrectly […]

Next
Twitter shares fell more than 17%
News

The court arrested the assets of the Creative company in the amount of 380,712,000 UAH

The commercial  court of Kiev had arrested UAH 380,712 million of Creative PJSC, which is one of the largest domestic producers of oil and fat products and part of  the Creative industrial group as security in the case  of VTB Bank. According to the report, in January 2016, VTB Bank  appealed to the court to […]

Next
Twitter shares fell more than 17%
News

Disney is laying off 28,000 employees in the United States through COVID-19

The American company Walt Disney stated that it is experiencing a number of economic problems due to the coronavirus pandemic, as the result of which it is forced to lay off 28,000 employees in the United States. This was reported by Bloomberg. “No matter how frantic this step is, this is the only possible option […]

Next
Twitter shares fell more than 17%
News

A Federal Court instituted a criminal proceeding against a financial holding company Wilmington Trust Corp.

Federal Court of the United States filed a criminal charge to a large bank  Wilmington Trust Corp. Four former heads of Wilmington Trust Corp. – David Gibson, Robert VA Harrah, William North and Kevin Rakowski are accused of fraud. Professor of the Delaware University – Charles Elson said that it would be unusual criminal proceeding […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com