• Verizon raises full-year profit forecast, misses subscriber estimates

    1 month ago - By Reuters

    Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the largest U.S. wireless carrier lost more phone subscribers than expected.
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  • Verizon raises full-year profit forecast

    1 month ago - By Reuters

    Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly earnings, as the largest U.S. wireless carrier prepares for a wider 5G services rollout in the United States.
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  • Snap's 110% moonshot this year still isn't enough to get Wall Street rooting for it

    Snap's 110% moonshot this year still isn't enough to get Wall Street rooting for it

    1 month ago - By Chron

    Getty/Michael Kovac
    Snap shares have more than doubled this year from their sub-$5 price last December.
    Ahead of the Snapchat parent company's first-quarter earnings due out after Tuesday's closing bell, Wall Street analysts are telling clients things have gotten better - but not good enough.
    Watch Snap trade live .
    Snap shares have been through the ringer.
    In the little over two years that Snap has been a public company, its stock has been in an almost constant freefall amid stiff social-media competition and a string of executive turnover - until last December, when shares bottomed out...
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  • Twitter beats Wall Street on revenue and profit, but is still losing monthly users at a rapid clip

    Twitter beats Wall Street on revenue and profit, but is still losing monthly users at a rapid clip

    1 month ago - By Business Insider

    Twitter reported its first-quarter earnings Tuesday before the opening bell.
    The company reported net income of $191 million, and earnings per share of $0.25.
    Revenue was up 18% year on year to $787 million.
    Twitter is still losing users at a rapid clip, with average monthly users for the quarter at 330 million, a decrease of 6 million year on year.
    Visit Business Insider's homepage for more stories.
    Twitter's stock price soared 7% in pre-market trading, as the firm reported beat analyst expectations on revenue and earnings per share for the first three months of 2019.
    Here are the key...
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  • Lyft underwriters hail promising future as Uber looms

    1 month ago - By Reuters

    Lyft Inc picked up upbeat ratings from the brokerage arms of its Wall Street underwriters on Tuesday, allowing the ride-hailing company to recover some of the damage done to its share price in the run-up to the debut of larger rival Uber Technologies Inc.
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  • Snap's 110% moonshot this year still isn't enough to get Wall Street rooting for it

    Snap's 110% moonshot this year still isn't enough to get Wall Street rooting for it

    1 month ago - By Business Insider

    Snap shares have more than doubled this year from their sub-$5 price last December.
    Ahead of the Snapchat parent company's first-quarter earnings due out after Tuesday's closing bell, Wall Street analysts are telling clients things have gotten better - but not good enough.
    Watch Snap trade live .
    Snap shares have been through the ringer.
    In the little over two years that Snap has been a public company, its stock has been in an almost constant freefall amid stiff social-media competition and a string of executive turnover - until last December, when shares bottomed out with the rest of the...
    Read more ...

     

  • Snap's 110% moonshot this year still isn't enough to get Wall Street rooting for it

    Snap's 110% moonshot this year still isn't enough to get Wall Street rooting for it

    1 month ago - By Business Insider

    Snap shares have more than doubled this year from their sub-$5 price last December.
    Ahead of the Snapchat parent company's first-quarter earnings due out after Tuesday's closing bell, Wall Street analysts are telling clients things have gotten better - but not good enough.
    Watch Snap trade live .
    Snap shares have been through the ringer.
    In the little over two years that Snap has been a public company, its stock has been in an almost constant freefall amid stiff social-media competition and a string of executive turnover - until last December, when shares bottomed out with the rest of the...
    Read more ...