Social Media Stocks

Snap's 6.6% stock surge in the past month signals a strong buy opportunity as Q3 shows growth in users, revenues and AR innovation, backed by $3.2 billion cash reserves.

Baidu Inc. (BIDU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Zacks.com users have recently been watching Pinterest (PINS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

I wish I hadn't sold Meta Platforms so soon, as I lost the chance to benefit from a big increase in share prices, which rose from $98.45 to $559.60. The company's quarterly revenue reached a record $40.59 billion, mainly due to a rise in advertising income and an increase in users, particularly on the Threads platform. Even with significant losses in Reality Labs, Meta is still a good investment because of its strong cash flow and high returns for shareholders.

Stock splits have been in vogue recently. Large technology companies like Amazon, Alphabet, Nvidia, and Tesla have split their stocks after seeing their share prices get close to $1,000 or more.

Meta Platforms Inc., previously known as Facebook, has become a well-known name in social media since its IPO in 2012. An investment of $1,000 in META stock at that time would now be worth over $15,000, reflecting a significant increase. The company is now focusing on artificial intelligence and has announced plans to start paying dividends, while also facing legal challenges and expanding its AI initiatives.

NEW ORLEANS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a free service for shareholders, is reminding investors that they have until January 24, 2025, to apply to be lead plaintiffs in a class action lawsuit against Match Group, Inc. (NasdaqGS: MTCH). This applies to those who bought the company's securities between May 2, 2023, and November 6, 2024, during the "Class Period." The case is currently in the United States District Court for the Central District of California.

Spotify will no longer allow developers building third-party apps with its Web API to access several features within the music streaming platform, such as song and artist recommendations, the company announced in a developer blog post on Wednesday. The company appears to be limiting third-party developers from building AI apps using data from Spotify listeners.

Bilibili, BrightSphere Investment Group, and Orchid Island Capital show strong earnings acceleration.