October 21, 2021
PayPal Under Pressure as Wall Street Digests Potential Pinterest Acquisition
Bernstein would much rather have PayPal focus its energy on the “urgent tasks at hand,” such as Venmo monetization and offline growth.
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October 14, 2021
#SocialStocks: FTC Urged to Uphold New Children’s Privacy Policies
Another Facebook whistleblower could testify, Twitter divests MoPub and other notable stories from this week. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
October 7, 2021
#SocialStocks: Facebook Gets Backlash on Multiple Fronts, Competitors Capitalize
Facebook’s heavy scrutiny causes company slow down, FIVE9 merger with Zoom terminated and other notable stories from this week.
September 30, 2021
#SocialStocks: Facebook Whistleblower to Testify at Senate Hearing
Social media companies sue Texas, Facebook creates fund dedicated to metaverse and other notable stories from this week. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
September 23, 2021
#SocialStocks: Outrage Over Instagram’s Impact on Teens Erupts In Senate Hearing
Facebook underreports results of advertising business on iOS devices, Sprout surpasses $200M in ARR and other notable stories from this week.
September 22, 2021
Draftkings Dips After Making $20B Offer for U.K. Betting Company Entain
Shares of DraftKings were under pressure on Tuesday after CNBC’s David Faber reported that the company has made a $20B offer to acquire U.K. online sports betting company Entain.
September 16, 2021
#SocialStocks: Facebook Faces New Probe Regarding Negative Impact on Teenagers
Russia fines Twitter and Facebook, Zoom builds whiteboard experience, and other notable stories from this week. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
September 9, 2021
Sanderson Farms Under Pressure as White House Attacks Meat Consolidation
White House says it will take “bold action to enforce the antitrust laws, boost competition in meat-processing”. Shares of Sanderson Farms (SAFM) are under pressure on Wednesday after the White House blamed rising meat prices on a lack of competition in processing.
September 2, 2021
#SocialStocks: Zoom Q2 Earnings and Guidance Fail To Impress Analysts
Twitter unveils new features, a new live audio competitor emerges and other notable stories from this week.
August 26, 2021
#SocialStocks: FTC Brings More Allegations Against Facebook In Amended Complaint
Twitter CEO attempts to mine cryptocurrency, Zoom app downloads trend lower and other notable stories from this week.
August 19, 2021
#SocialStocks: CMA Probe Calls On Facebook To Sell Giphy
Facebook finance head seeks seat at crypto payments table, Snap creators seek out bigger paydays on rival apps and other notable stories from this week.
August 12, 2021
#SocialStocks: FTC Takes Issue with Facebook Inaccuracies
Legislation introduced in effort to protect app market competition, Twitter complies in India and other notable stories from this week.
August 5, 2021
GM In Reverse as Chip Shortage Concerns Dent Outlook
Credit Suisse sees General Motors’ lower second half outlook as “a reset on expectations”. Shares of General Motors (GM) are under pressure on Wednesday after the company reported second quarter earnings.
July 29, 2021
#SocialStocks: State Attorneys General Appeal Dismissed Facebook Antitrust Suit
Antitrust regulators take aim at pockets of Big Tech, 2019 WhatsApp attack targeted government officials, and other notable stories from this week.
July 22, 2021
Netflix Pressured After Soft Subscriber Guidance, Confirming Gaming Plans
Shares of Netflix (NFLX) are under pressure on Wednesday after the company reported quarterly results. The streaming service giant confirmed it was expanding into gaming.
July 14, 2021
Charged: DOJ Probing Electric-Truck Startup Lordstown Motors
Tesla, NIO and Xpeng report second quarter vehicles deliveries. Tesla (TSLA) announced that in the second quarter, it produced 206,421 vehicles and delivered 201,250.
July 8, 2021
#SocialStocks: Trump Sues Social Media CEOs and Seeks Restoration of Accounts
Judge blocks Florida law seeking to fine social media companies, Instagram pivots to short video clips, and other notable stories from this week.
July 2, 2021
Charged: Tesla Addresses Safety Issue In 285,000 Vehicles In China
China’s State Administration for Market Regulation announced over the weekend that Tesla (TSLA) would “recall” 249,855 China-made Model 3 and Model Y cars, and 35,665 imported Model 3 sedans due to risks associated with the autopilot feature.
July 1, 2021
#SocialStocks: Competition Concerns Could Prompt Executive Order
Latest developments in antitrust discourse, Instagram tests ad revenue share product and other notable stories from this week.
June 24, 2021
#SocialStocks: Tim Cook Warns Congress About Rushed Antitrust Bills
Twitter tests monetization features, Facebook launches Audio Rooms and other notable stories from this week.
June 17, 2021
Roblox Stats for May Seen as ‘Not Enough’ to Sustain High-Flying Shares
Shares of Roblox (RBLX) are trading lower on Wednesday after the online gaming company reported May daily active users of 43M, up 28% from May of last year but down 1% from April.
June 10, 2021
#SocialStocks: Antitrust Investigators Turn Up the Heat on Facebook
Big Tech faces anti-competition probes, Twitter complies with India, Facebook updates politician policy and other notable stories from this week.
June 3, 2021
#SocialStocks: Facebook Announces New Dev Tools at F8 Refresh
Zoom reports upbeat Q1 results. During Facebook’s (FB) F8 Refresh virtual event for developers, Konstantinos Papmiltiadis, confirmed that Messenger API for Instagram is now available to all developers.
May 27, 2021
#SocialStocks: Florida to Fine Twitter, Facebook for Political Bans
EC plans Facebook probe, Snapchat enters new partnerships and other notable stories from this week. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
May 20, 2021
#SocialStocks: Facebook Aims to Turn Live Online Events Into Pay-Per-View Option
Facebook outlines pay-per-view plan, Twitter unveils more subscription details and other notable stories from this week. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
May 13, 2021
#SocialStocks: TikTok Explores Sales Feature, Intensifies Facebook Competition
TikTok explores in-app sales in Europe, Facebook blocked from WhatsApp data in Germany, and other notable stories from this week.
May 6, 2021
Analysts See Buying Opportunity as Peloton Slides Following Treadmill Recalls
Shares of Peloton (PTON) are under pressure following the announcement of two separate voluntary recalls of the company’s Tread+ and Tread treadmills.
April 29, 2021
#SocialStocks: Facebook Accuses Apple of Antitrust Abuse In Germany
Facebook and Apple continue to throw jabs, Snap makes two acquisitions, and other notable stories from this week. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
April 22, 2021
#SocialStocks: House Committee Looks to Rein In Big Tech
Analysts preview Snap earnings, new potential features for Facebook, and other notable stories from this week. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
April 15, 2021
#SocialStocks: Facebook Removes 16,000 Trading Groups with Fake Product Reviews
Twitter held talks to buy Clubhouse, Facebook removes fake reviews and other notable stories from this week. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
