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News
27 Mar, 2023
22:57
Conflict Of Interest? Congress Members Who Own META, GOOG, SNAP Shares Could Benefit From TikTok Ban
FinancialContent
Members of the U.S. Congress are pushing for a ban of video app and social media platform TikTok. The pressurecomes as the app ...
Snap (SNAP) closed at $11.74 in the latest trading session, marking a +1.56% move from the prior day.
Pinterest CEO Bill Ready weighs into the debate around artificial intelligence.
Snap (NYSE:SNAP) has observed the following analyst ratings within the last quarter:
Bullish
Somewhat Bullish
Indifferent
Somewhat ...
Guggenheim has decided to maintain its Neutral rating of Snap (NYSE:SNAP) and raise its price target from $9.00 to $12.00.
Shares of ...
We've also got the latest in automotive, homebuilding, and the war on cash.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
The ban on TikTok is moving forward. If it passes, its competitors can profit. Here's why one expert sees META stock as a likely winner.
The post Why META Is the Best Stock to Buy If the U.S. Bans TikTok appeared first on InvestorPlace.
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11:56
Yahoo! Finance
The eight-year social media executive will join the venture capital firm in May and invest in early-stage consumer companies.
By Scott Kanowsky
26 Mar, 2023
A growing body of evidence links a rise in depression in children to social media use. Will it lead to more regulation?
25 Mar, 2023
Big cash hoards give these companies a lot of flexibility.
24 Mar, 2023
21:10
Yahoo! Finance
TikTok’s CEO Shou Chew testified in front of the House Energy and Commerce Committee on Thursday in defense of the popular app. The Biden administration is giving TikTok an ultimatum, sell TikTok or face a U.S. ban of the app. Lawmakers grilled Chew for more than 5 hours about whether TikTok is a threat to national security. The Dog Eared Book Owner Carrie Deming joined Yahoo Finance to discuss how a ban could impact her independent book store. “The TikTok I know looks nothing like what they were talking about," Deming said. "I'm on BookTok. It is the most wholesome corner of any of the internet.” Deming told Yahoo Finance a third of the store’s sales come from the e-commerce site, pushed up significantly by the bookstore’s TikTok account. “My book store's been open for eight years. And for that whole time we've been on Facebook and Instagram...when I do a post on the Meta platforms, they're rather ineffectual.” Watch the full interview with Seana Smith and Dave Briggs here. Key video moments 00:00 On the TikTok Deming knows 01:15 On Deming's follower count on various social platforms
20:21
FinancialContent
Social media app TikTok could be banned in the U.S.due to security threats seen by top policymakers. TikTok is also one of several ...
Evercore ISI Senior Managing Director & Head of Internet Research Mark Mahaney joins Yahoo Finance Live to discuss what a potential TikTok ban means for social media stocks and other platforms, including Instagram, Facebook, Snapchat, and YouTube.
More regulations and requirements are being released for the CHIPS Act that semiconductor investors might want to know about.
19:13
FinancialContent
Elected officials from both sides of the aisle have grown concerned with social media app TikTok and the amount of data it collects on ...
Google is investing billions in start-ups through this little-known fund.
Snap and Meta Platforms both consider TikTok to be a major competitor.
23 Mar, 2023
Snap stock jumped Thursday as Washington lawmakers held an all-day hearing about the safety of TikTok, a competitor of Snap.
21:21
Yahoo! Finance
TikTok CEO Shou Zi Chew testifying before the House Committee on Energy and Commerce Thursday, facing a grueling line of questions from members of both parties about social media app's relationship with the Chinese Communist Party. Both parties mounting concerns about the security of American users' data on the platform, though New York Congressman Jamaal Bowman telling Yahoo Finance's Rachelle Akuffo those concerns are overblown. The Democrat going on to say that any potential threats posed by TikTok are already happening on other social media platforms.Key Video Moments0:40 Moving too quickly on a TikTok ban1:05 These problems are already present on other social media platforms2:10 Facebook looked the other way on election interference3:33 We have to get our own house in order7:55 GOP wants to scapegoat TikTok instead of winning on issues
TikTok CEO Shou Chew was seemingly unable to convince members of the House Commerce Committee that the app is safe to use.
The Yahoo Finance Live team discusses the jump in Snap stock after the company unveiled a new AR business unit.
TikTok CEO Shou Chew testified before U.S. lawmakers on Thursday. The social media executive defended the video app amid concerns about its roots in China. As TikTok looks to add to its 150 million monthly active American users, concerns grow over the app’s danger to U.S. national security and Americans. “This is a real tech success story for China that has become incredibly politically toxic to Washington,” says Rhodium Group’s Reva Goujon.The escalating tensions over TikTok could be about more than the app itself, with Goujon saying issues with the app are the catalyst "for something much bigger in play, especially as the U.S. has been trying to get to a more coherent data security policy." U.S. lawmakers recently introduced the RESTRICT Act, which is aimed to tackle national security threats from foreign tech. You can watch Yahoo Finance's Julie Hyman and Brad Smith's full interview with Reva Goujon here. Key video moments: 00:00:03 U.S. tech & investment controls00:00:41 TikTok's political turmoil
Google, Facebook, Snapchat and Pinterest stocks have soared, but TikTok still has time on the clock.
Lawmakers are driving forward possible legislation restricting or banning TikTok over fears the social media app could be weaponized. "This app preys on children," Keith Krach, chairman of the Krach Institute for Tech Diplomacy at Purdue, tells Yahoo! Finance. Krach, who served as former under secretary of state in the Trump administration, says the app monitors private information like bank records and location data. The app, which is ultimately owned by Chinese company ByteDance, has also seen criticism for allegations of censorship, access of U.S. user data, and propaganda concerns. TikTok's ownership has made it a long-running target by the U.S. government, with the Trump Administration saying in 2020 it would ban the app. TikTok CEO Shou Chew testified before Congress today in the hopes of addressing some of these concerns. The executive said TikTok pledged commitments in four key areas: it would keep teenager safety a top priority, prevent unauthorized foreign access of U.S. user data, commit to free expression, and will be transparent and give access to monitors. Critics say the commitments do not go far enough. "This app is built to be weaponized," says Keith Krach, chairman of the Krach Institute for Tech Diplomacy at Purdue. "It is built to be addicting. It's disguised as candy, but it's really cocaine." Above, Yahoo! Finance's Jared Blikre spoke to Krach. Watch the full interview here. Key video moments: 00:00:23 - "They can see your bank records, they can see your health records." 00:00:45 - "This app is built to be weaponized." 00:01:38 - "Any Chinese company ... has to turn over any information"
The S&P 500 Index and Nasdaq Composite Index are also confidently higher, as investors weigh the latest jobless claims with an improving bank sector backdrop.
17:11
FinancialContent
Gainers
DiamondHead Holdings Corp. (NASDAQ: DHHC) shares jumped 104.2% to $21.15. DiamondHead entered into convertible note ...
TikTok CEO Shou Chew is under intense scrutiny from lawmakers who believe the Chinese-owned short video app should be banned for being a ...
16:56
FinancialContent
Needhamanalyst Laura Martin reiteratesTrade Desk Inc(NASDAQ: TTD)with a Buy and a $68 price target.
After ...
Snap Inc(NYSE: SNAP) today launched AR Enterprise Services (ARES), a new enterprise solution to enable businesses to integrate ...
Snap Inc (NYSE: SNAP) andMeta PlatformsInc (NASDAQ: META) shares are trading higher Thursday amid TikTok CEO ...
Editor’s note: “With TikTok Under the Microscope, Could Snap Stock Catch a Bid?” was previously published in August 2022. It has since been updated to include the most relevant information available. Though there are pockets of strength in the digital advertising world, it’s broadly down. And the biggest weakness has been in social advertising. Think Snap (SNAP), Pinterest (PINS), Twitter (TWTR). But recent regulatory scrutiny of TikTok should provide tailwinds for those companies, Snap in parti
U.S. stocks traded higher, with the Dow Jones gaining around 200 points on Thursday. Here are some big stocks recording gains in ...
Snap Inc, owner of photo messaging app Snapchat, launched a new division on Thursday that will help other companies build augmented reality features for their websites or apps. The division called AR Enterprise Services (ARES) marks the first time Snap will sell to business customers its AR technology, which can enhance photos and videos of the real world with computerized images, said Jill Popelka, head of ARES, in an interview. Advancing the field of AR has been a focus at Snap in recent years and it says over 250 million people engage with AR every day on Snapchat, which originally became popular among young users for photo filters that could add whimsical elements such as bunny ears.
13:00
FinancialContent
Snap Inc. today unveiled AR Enterprise Services (ARES), a new enterprise solution to enable businesses to integrate Snap's Augmented Reality (AR) into their owned and operated channels with ease and at scale. Through this offering, consumers will enjoy immersive and personalized experiences with their favorite brands, with a suite of advanced tools designed to increase confidence in their purchases.
13:00
Yahoo! Finance
(Bloomberg) -- Snap Inc., the parent company of video-messaging app Snapchat, is launching its first product line aimed at business customers. Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe company is adapting the augmented reality technology behind its popular filters and lenses — tools that can ad
22 Mar, 2023
If you're an avid user of social media, you may have noticed a disturbing trend in recent months: the rise of subscription-based ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
With AI stocks having entered the Street's boom phase, it's critical to identify AI stocks to avoid like the plague.
The post 7 Large-Cap AI Stocks to Avoid Like the Plague appeared first on InvestorPlace.
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02:27
FinancialContent
TikTok faces a “pivotal” moment as U.S. lawmakers gear up to ban the Chinese-owned short-form video application, said the ...
19 Mar, 2023
Meta Platforms Inc(NASDAQ: META) haslaunched its Meta Verified subscription service on Instagram and Facebook in the ...
This top streaming platform is facing a difficult macroeconomic environment.
18 Mar, 2023
The use cases for AI are only beginning to be unlocked.
17 Mar, 2023
20:01
FinancialContent
The SPDR S&P 500 ETF Trust (NYSE: SPY) rebounded in a volatile week of trading as investors monitored ongoing instability among U.S. ...
16:42
FinancialContent
After U.S. calls to ban or sell TikTok, the U.K. also turned up the pressure on the site, and it faces a Congressional hearing next week.
16 Mar, 2023
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Proterra (PTRA) stock is a hot topic among traders on Thursday after warning investors about the state of its business in a conference call.
The post PTRA Stock Alert: Is Proterra on the Brink of Collapse? appeared first on InvestorPlace.
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Virgin Galactic (SPCE) stock is falling on Thursday after an update from sister Virgin Orbit (VORB) dropped its shares today.
The post Why Is Virgin Galactic (SPCE) Stock Down 5% Today? appeared first on InvestorPlace.
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Snap (SNAP) stock is on the move Thursday as talk of a TikTok ban from the Biden Administration rekindles interest in the social media app.
The post SNAP Stock Pops Amid Potential U.S. TikTok Ban appeared first on InvestorPlace.
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Snap Inc (NYSE: SNAP) shares are trading higher Thursday following multiple reports that TikTok could face a ban if owners don't ...
11:31
FinancialContent
Snap, Meta rise on Biden threat to Bytedance, and Baidu falls as AI-bot disappoints investors
09:56
FinancialContent
The manager of the Plumb Balanced Fund has three stock ideas to share. But first, some timely advice from the manager's three decades of experience.
00:40
FinancialContent
PresidentJoe Biden'sadministration reportedly demanded thatTikTok’s Chinese owners divest their stake in the ...
14 Mar, 2023
08:24
FinancialContent
A newly revealed court filing has brought to light that Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg was warned about the issue ...
13 Mar, 2023
12:54
FinancialContent
Koo, an India-based social media app, has integrated OpenAI’s chatGPT to establish itself as a trendier and more user-friendly ...
11 Mar, 2023
20:25
FinancialContent
Benzingaexamined the prospects for many investors'favorite stocks over the last week — here's a look at some ...
10 Mar, 2023
Some relatively low-priced shares can be good buys, too.
10:58
FinancialContent
Snap is bringing an AI chatbot to Snapchat, but that's not the only reason to invest in the social media company now.
09 Mar, 2023
A whale with a lot of money to spend has taken a noticeably bearish stance on Snap.
Looking at options history for Snap (NYSE:SNAP) we ...
19:23
FinancialContent
A Benzinga survey shows where U.S.TikTok users might shift their time and attention if the app, which is owned by Beijing-based ...
Investors in Snap Inc (SNAP) saw new options begin trading today, for the April 28th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SNAP options chain for the new April 28th contracts and identified one put and one call contract of particular interest.
08 Mar, 2023
Snap Inc (NYSE: SNAP) shares are trading lower by 4.18% to $11.23 Wednesday as the stock pulls back following recent strength. The stock ...
Talks of TikTok being banned in the US have been circling for a long time and they have now been reignited, making it a real possibility in 2023.
Snap's (NYSE:SNAP) short percent of float has fallen 3.25% since its last report. The company recently reported that it has 54.29 ...
07 Mar, 2023
A push to ban TikTok in the U.S. picks up more support on Tuesday in Washington.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Due to a proposed bill, TikTik may be about to be banned in the U.S. Here are the best stocks to buy to benefit if the bill passes.
The post 3 Stocks to Buy If the U.S. Bans TikTok appeared first on InvestorPlace.
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