Bumble Could ‘Close Value Gap’ To Tinder’s Parent Company: Expert Predicts 45% Upside On Heels Of Q1 Earnings
"We could see Bumble 'closing the value gap' to Match Group, implying ~45% upside," JPMorgan's Cory Carpenter says.
Elon Musk Agrees ‘Meta Can’t Be Trusted’ After Zuckerberg-Led Social Media Giant Hit With $37M Fine Over Data Sharing Practices
Elon Musk threw shade at Mark Zuckerberg after Meta Platforms was slapped with a $37.2 million fine by Turkey's competition board.
Apple’s New iPad Ad Draws Fierce Backlash From Creator Community As It Allegedly ‘Celebrates Destruction’
A new advertisement by Apple Inc has sparked a significant backlash. The ad, which was unveiled during the launch of the new iPad, has been criticized for its portrayal of creative tools being crushed and replaced by the new iPad.
Reddit Users See An ‘Inverse Moment’ As Shares Pop 14% On Social Media Platform’s Financial Performance
Reddit beat expectations, with revenue of $243 million; ad revenue was up 39%. Analysts are optimistic about its potential for profitability.
Can Reddit’s Solid Momentum Continue? Analysts Say Social Media Company With ‘Robust Business Model’ Has ‘Continued Strong User Growth’
Reddit shares climb after reporting strong Q1 results, beating expectations. Analysts reaffirm Neutral & Buy ratings with higher targets.
Reddit’s Enhanced Advertising Tools Drive ‘Sizable Upside’: JPMorgan
Reddit's stock surged 14.82% in pre-market trading on Wednesday after reporting strong Q1 earnings, exceeding expectations and providing upbeat Q2 guidance.
MrBeast Is Giving Away 26 Tesla Vehicles For His 26th Birthday Including A Cybertruck: Here’s How You Can Win One
MrBeast turns 26 on May 7, 2024 and is giving away 26 Tesla vehicles, including a Cybertruck, to celebrate his birthday.
Reddit Shares Soar On First Post-IPO Q1 Results, Strong Q2 Guidance
Reddit reported quarterly losses of $8.19 per share which missed the analyst consensus estimate of losses $6.97 by 17.5%. Quarterly sales clocked in at $242.963 million, beating the analyst consensus estimate of $212.830 million by 14.16%. The company reported record user traffic, with Daily Active Uniques (DAUq) increasing 37% to 82.7 million and Weekly Active Uniques (WAUq) increasing 40% year-over-year to 306.2 million.
Reddit Earnings Forecast Spark Community Debate About Platform’s Value
Reddit (RDDT) to report Q1 earnings on Tuesday. Wall Street expects -$8.71 EPS and $212.83M revenue. Redditors optimistic about growth potential.
Elon Musk Endorses Argentine Stocks; Bond, ETF Rally Persists In Wake Of Milei’s Election Victory
Elon Musk recommends investing in Argentina and assets soar: ETF up 54%; bank stocks up over 100%; IMF praises stabilization efforts.