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.
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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.
October 22, 2020
#SocialStocks: Snap Shares on the Rise Following Q3 Earnings Beat
Snap surges, the latest on election policy from Facebook and Twitter, and other notable stories from this week in publicly-traded social media companies.
October 15, 2020
#SocialStocks: Social Media Companies Tweak Policies Ahead of Election
Social media companies try to combat misinformation, and other notable stories from this week in publicly-traded social media companies.
October 8, 2020
#SocialStocks: House Judiciary Subcommittee Finds Monopoly Power at Facebook
House report on Facebook, top tech executives to testify and other notable stories from this week in publicly-traded social media companies,
October 1, 2020
#SocialStocks: TikTok Gains Temporary Relief in Battle with President Trump
TikTok ban halted, Facebook tests Accounts Center, and other notable stories from this week in publicly-traded social media companies.
September 24, 2020
#SocialStocks: TikTok Deal Crystallizes as Government Examination Takes Place
Even after CNBC reported that the Chinese government was expected to approve the Walmart (WMT) and Oracle (ORCL) deal for 20% of TikTok Global, Oracle announced it a statement to reporters that Tik Tok would be completely divested from ByteDance.
September 17, 2020
General Motors Rises after Unveiling ‘Ultium’ EV Drive System Plans
Shares of General Motors (GM) are in the spotlight on Wednesday after the company announced plans to produce electric vehicle drive systems and motors known collectively as “Ultium Drive.
September 10, 2020
AstraZeneca Covid Vaccine Pause Seen as ‘Mixed Blessing’ for Competitors
Shares of AstraZeneca (AZN) are in the spotlight on Wednesday after the company confirmed that it has halted late-stage trials of its COVID-19 vaccine due to a serious suspected adverse reaction in a participant.
September 3, 2020
#SocialStocks: FBI Warns Facebook, Twitter of Russian Election Meddling Campaign
The FBI warned Facebook and Twitter about a Russian disinformation campaign, and other notable stories from this week in publicly-traded social media companies.
August 27, 2020
Street Racing to Set New High Target for Apple
Apple (AAPL) shares rose on Wednesday 8/26/20 as the stock has been given a new Street-high target each day this week so far.
August 20, 2020
#SocialStocks: Oracle Looking to Buy Tiktok Assets, Hedge Funds Disclose Stakes
Oracle (ORCL) is working with U.S. venture capital companies to acquire TikTok’s U.S., Canadian, Australian and New Zealand operations,
August 13, 2020
Game On: Nintendo Boosts Switch Output After Upbeat Q1
“Game On” is The Fly’s weekly recap of the stories powering up or beating down video game stocks.
