Two negative analyst reports sent Snap’s stocks tumbling Monday. One from MoffettNathanson said that a survey of young users showed that sentiment toward Snapchat had soured. Another from Pivotal Research reiterated its broader bearish outlook across social media, though it lowered Snap’s price target by a dollar. Snap shares slid 8.9% amid a bad day overall in tech stocks. The Pivotal report now...
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An NBA Battle Could Fuel SF-Miami Feud
It has been a rough week for national news, so please excuse us for a little diversionary counterprogramming on this Friday before the long Memorial Day weekend. Several of tech’s most important cities have a great showdown looming! On Thursday, San Francisco’s Golden State Warriors clinched their first NBA finals berth in three years after defeating the Dallas Mavericks to win the Western...
SEC Confirms Scruitiny Elon Musk’s Initial Disclosure of Twitter Stake
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Chinese E-commerce App Pinduoduo Reports Better-Than-Expected Results
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