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.
The Fly is a leading digital publisher of real-time financial news. Our exclusive live streaming subscription service breaks the material information moving stocks. Our financial market experts understand that news impacting stock prices can originate from anywhere, at any time. The Fly team scours all sources of company news, from mainstream to cutting-edge, then filters out the noise to deliver short-form stories consisting of only market moving content. The Fly is your filter to the often complex world of stock news. Take a free 14-day trial and get all our breaking stock news and exclusive insights
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.
April 8, 2021
#SocialStocks: AR Glasses Seen as Future of Tech
Twitter teases potential shopping feature, Pinterest holds talks to buy VSCO and other notable stories from this week.
April 1, 2021
Renewable Energy Stocks Rise As Biden Unveils Infrastructure Bill Details
Shares of several renewable energy stocks are on the rise on Wednesday after the White House released a fact sheet with details of President Biden’s plan to rebuild the country’s infrastructure.
March 25, 2021
#SocialStocks: Facebook Appeal Deferred Until European Court of Justice Guidance
Facebook antitrust update, Zoom utilizes tax loophole, and other notable stories from this week. BofA analyst Justin Post downgraded Snap (SNAP) and Pinterest (PINS) to Neutral from Buy.
March 18, 2021
Teladoc Under Pressure as Amazon Announces Virtual Care Expansion Plans
Shares of Teladoc (TDOC) were under pressure on Wednesday after Amazon (AMZN) said it will expand its virtual medical care to all 50 states this summer.
March 17, 2021
Game On: NPD Says February Game Spending Jumped 35% Y/Y
Last week, NPD analyst Mat Piscatella reported that February 2021 consumer spending across video game hardware, content and accessories reached a February record $4.6B, 35% higher when compared to a year ago.
March 11, 2021
#SocialStocks: Facebook Says FTC Lawsuit Not Credible, Aims to Dismiss
Facebook and Twitter lawsuit updates, Snap CEO sells shares, and other notable stories from this week. Facebook (FB) has filed motions to dismiss the antitrust lawsuits brought by the Federal Trade Commission and state attorneys general.
March 4, 2021
Rocket Slides as Analyst Cuts Rating Following Reddit-Fueled Rally
Shares of Rocket Companies (RKT) are under pressure on Wednesday after soaring the day before as the Reddit forum that led the short squeeze in the shares of GameStop (GME) turned its attention to the stock.
February 25, 2021
#SocialStocks: Snap Shares Advance Following First Investor Day
Highlights from Snap investor day and Sprout earnings beat, Facebook restores news access in Australia, other notable stories from this week.
February 18, 2021
QuantumScape Jumps on Battery Technical Breakthrough
Shares of QuantumScape (QS) are on the rise on Wednesday after the electric vehicle-battery startup said in a letter to investors that it was able to produce multilayer battery cells, a crucial hurdle in the development of its technology.
February 11, 2021
Air Mobility Startup Archer, Clinical Data Platform Sema4 to Go Public Via SPACs
Shares of Atlas Crest Investment Corp. (ACIC) are on the rise after the “blank check” company announced a definitive agreement for a business combination that would result in Archer (ACHR) becoming a publicly listed company.
February 4, 2021
#SocialStocks: Facebook and Apple Continue to Trade Blows
Facebook and Apple’s battle rages on, EU delays big tech hearing 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.
January 28, 2021
Nokia Soars but Company ‘Not Aware’ of Apparent Reason For Trading Activity
Shares of Nokia (NOK) are soaring on Wednesday, although the networking company says it is “not aware of any material, undisclosed corporate developments or material change in its business or affairs.”
January 21, 2021
#SocialStocks: Facebook Could Be in Focus Under New Administration
Facebook may not rescind Trump suspension, analysts bullish on social media stocks, and other notable stories from this week.
January 14, 2021
VMware Slides as Gelsinger Returns to Intel to Be New CEO
Intel (INTC) has appointed VMware’s (VMW) Pat Gelsinger as its new CEO as Bob Swan steps down as chief executive.
January 7, 2021
Roku Rises as Active Users Top 50M, Streaming Hours Surge In 2020
Deutsche Bank, Wells Fargo have raised their price targets for Roku shares as streaming momentum continues.
December 29, 2020
Before the Move: Watch Lemonade Into Stock Lockup Expiration
Shares of Lemonade (LMND) are under pressure on Monday as insider selling restrictions are set to expire this week.
December 23, 2020
Game On: Sony Pulls Buggy ‘Cyberpunk 2077’ From PS Store
After CD Projekt’s (OTGLY) latest game “Cyberpunk 2077” released earlier this month with numerous technical issues and defects in the Xbox One (MSFT) and PlayStation 4 (SNE), the publisher issued a statement apologizing for the poor performance of the games and that any purchasers could receive a refund for their games, though no statements on the matter had yet been made by any digital or online retailers.
December 17, 2020
Teladoc Slides on Report of Amazon Building Telehealth Business
Shares of Teladoc (TDOC) are trading lower on Wednesday following a news report saying that Amazon (AMZN) is building a telehealth business and pitching the service to major employers including Zillow (ZG).
December 10, 2020
JPMorgan Downgrades Zoom, Upgrades Autodesk in Software Ratings Shakeup
In conjunction with their 2021 outlook, JPMorgan analysts Sterling Auty and Jackson Ader took the opportunity to rebalance the ratings in their coverage universe.
December 3, 2020
#SocialStocks: Analysts Unimpressed With Slack Deal
Salesforce to acquire Slack, Trump still unhappy with Section 230, and other notable stories from this week in publicly-traded social media companies. Welcome to “#SocialStocks,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news.
November 25, 2020
Game On: KeyBanc concerned about lack of ‘Call of Duty’ Sales Data
Last week, CNBC reported that “Fortnite” creator Epic Games and Spotify (SPOT) responded to Apple’s (AAPL) move to reduce App Store fees to 15% for developers who make under $1M in annual net sales from the App Store, saying they are not impressed with the policy update.
November 19, 2020
#SocialStocks: Facebook, Twitter CEOs Testify Before Senate Committee
Zuckerberg and Dorsey testify, new features for social media platforms and other notable stories from this week in publicly-traded social media companies.
November 12, 2020
Lyft Rises on Stronger Quarterly Revenue, Profitability Hopes
Shares of Lyft (LYFT) are on the rise on Wednesday after the ride-hailing company reported quarterly results and said it remains focused on achieving adjusted EBITDA profitability by the fourth quarter of next year.
November 10, 2020
Fisker Jumps as Cowen Says Buy on ‘Compelling’ Ocean SUV
Fisker has recently completed its business combination with Spartan Energy Acquisition and began trading on the NYSE. Shares of Fisker (FSR) are on the rise on Monday .
November 5, 2020
DraftKings, Penn National Rise as Three More States Legalize Sports Betting
Shares of DraftKings (DKNG), Penn National (PENN), and several other gambling stocks are on the rise on Wednesday after Louisiana, South Dakota and Maryland voters approved legalized sports betting.
October 29, 2020
#SocialStocks: Facebook, Twitter Focus on Election as Votes Start Coming In
Facebook and Twitter manage election news, Commerce Committee hearing takes place, and other notable stories from this week in publicly-traded social media companies.
