This photograph shows a set up smart-phone screen displaying the logo of main social media platforms including Instagram, Facebook, LinkedIn, Reddit, Telegram, X, Bluesky, Tiktok and Whatsapp. Martin Lelievre | Afp | Getty Images Government action to ban social media platforms risks strengthening Big Tech’s grip on the industry further, limiting access for smaller players, …
Stocks may be trading near all-time highs, but UBS said that meaningful opportunities still exist in the market, including Broadcom and Accenture . Hopes of easing geopolitical tensions, alongside a strong earnings season, have propelled stocks to multiple new record highs this year. A technology-driven rally pushed both the S & P 500 and Nasdaq …
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 17% after the report. Here’s …
Check out the companies making headlines after the bell : Apple — Shares were marginally lower after the company’s iPhone sales missed estimates for the second time in three quarters. For the fiscal second quarter , Apple’s earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of …
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit reported better-than-expected profit and revenue in its first-quarter earnings report on Thursday, and …
Reddit has several options to squeeze more dollars out of its businesses, including by renegotiating its content-licensing deals with large-language models, making its stock an attractive addition to investors’ portfolios, according to D.A. Davidson. The investment firm assigned a buy rating to the social media name. It also set a $200 price target on shares, …
Here are Tuesday’s biggest calls on Wall Street: Berenberg initiates Palo Alto Networks as buy Berenberg said the company is “best-in-class.” “Palo Alto Networks (Palo Alto) is a rare quality compounder in cybersecurity, combining multiple growth engines with strong product breadth and best-in- class execution.” Bank of America reiterates Tesla as buy Bank of America …
Photo: Jaromir Chalabala / Getty U.K. regulators are calling on social media giants to enforce stricter protection for children on their platforms after a blanket ban for under-16s was rejected by lawmakers. Online safety organizations Ofcom and the Information Commissioner’s Office said they had written to YouTube, TikTok, Facebook, Instagram, and Snapchat on Thursday, urging …
Loop Capital sees more monetization opportunities ahead for Reddit even as the stock trades at an attractive valuation. The investment firm reiterated its buy rating on the social media platform and lifted its price target to $260 from $225. This price forecast implies 83% upside. Shares of Reddit have slipped 11% over the past 12 …