AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Pixy stock twits4/8/2023 ![]() NASDAQ data is at least 15 minutes delayed. NYSE and AMEX data is at least 20 minutes delayed. Real time prices by BATS. Delayed quotes by FIS. Visit to get our data and content for your mobile app or website. Visit Performance Disclosure for information about the performance numbers displayed above. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough February 6, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. ![]() The company is focused on introducing several features to retain existing users and attract new ones to its platform. Snap has found early success with its paid subscription service Snapchat+, which has reached 1 million subscribers since its launch on Jun 29. This Zacks Rank #4 (Sell) company will significantly slow hiring, invest in its advertising business and find new sources of revenues in order to grow at a faster pace in the near term. In May, Snap also issued a profit warning due to a worsening macroeconomic environment. Microsoft’s fourth-quarter earnings were negatively impacted by a sharp slowdown in its cloud business, declining videogame sales and the effects of a strong dollar. Microsoft is slowing down hiring for its Office, Windows, and Teams groups to better prepare itself for the coming fiscal year and contend with the current economic environment. The micro-blogging platform had earlier announced halting most hiring processes across various divisions as part of a broader attempt to cut costs. Last month, Twitter announced the layoff of 30% of employees from its recruitment team amid the $44 billion takeover by Elon Musk. The social media giant has 83,553 employees worldwide. Facebook's parent company is pausing or slowing down hiring for most mid-to-senior level positions after announcing a strategy to expand into the metaverse. Unfavorable forex is expected to hurt year-over-year top-line growth by 6%. ![]() Meta expects total revenues between $26 billion and $28.5 billion for the third quarter of 2022. Meta is limiting its intake of new employees to cut costs due to weak revenue forecasts. Several tech companies recently announced hiring freezes and layoffs, such as Facebook’s parent company, Meta Platforms ( META Quick Quote META - Free Report), Twitter and Microsoft ( MSFT Quick Quote MSFT - Free Report) This development comes after IT companies, crypto exchanges and financial firms cut out jobs and slowed down the hiring process due to slow global economic growth caused by higher interest rates, rising inflation and an energy crisis in Europe. As of the end of June 2022, the social messaging and media company had 6,446 full-time employees, up 38% year over year. The company is also reportedly planning a wave of layoffs as part of broader cost-cutting efforts. Shares of the company have fallen 72.7% in the year-to-date period compared with the Zacks Internet-Software industry’s decline of 53.3% and the Zacks Computer and Technology sector’s decrease of 32.3% in the said time frame. SNAP second-quarter results reflected a decrease in advertising demand as advertisers continue to face supply-chain disruptions and labor shortages amid steady user growth. Quote Snap Battles Poor Ad Revenues, Challenging Macro Environment ![]()
0 Comments
Read More
Leave a Reply. |