What happened
Shares of Pinterest (NYSE: PINS) were moving lower today after the company posted a wider-than-expected loss in its first-quarter earnings report and warned that revenue had continued to decline in April as advertisers have been impacted by the COVID-19 pandemic.
Twitter said on Wednesday it would tackle the spread of damaging conspiracy theories linking mobile phone technology with the coronavirus with a prompt to direct people searching for 5G to British government-verified information.
Pinterest Inc reported a bigger-than-expected first-quarter loss on Tuesday as the image sharing company incurred higher costs, sending its shares down 10% in extended trade.
Facebook (NASDAQ: FB) has long had ambitions beyond just being an advertising business. The company's 2014 acquisition of Oculus gave it a stake in virtual reality, and its launch of hardware like Portal shows its intentions in video communication products.
Contrary to mounting fears, Facebook (NASDAQ: FB) ended up doing pretty well to kick off the first quarter of 2020. With the world getting upended by the coronavirus and the subsequent economic clampdown, the social media king reported surging average daily use and an 11% year-o
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Walt Disney Co. (Symbol: DIS), where a total of 127,660 contracts have traded so far, representing approximately 12.8 million underlying shares. That amounts to about
The COVID-19 crisis has made it tough for companies with low cash reserves, negative cash flows, and high debt levels to survive. Meanwhile, companies that have plenty of cash and little debt should weather the storm and rebound after the crisis ends.
The COVID-19 crisis has made it tough for companies with low cash reserves, negative cash flows, and high debt levels to survive. Meanwhile, companies that have plenty of cash and little debt should weather the storm and rebound after the crisis ends.
The COVID-19 crisis has made it tough for companies with low cash reserves, negative cash flows, and high debt levels to survive. Meanwhile, companies that have plenty of cash and little debt should weather the storm and rebound after the crisis ends.