Category: Social Media Stocks

What Major Funds are Buying and Selling Now …

What Major Funds are Buying and Selling Now

After a solid first quarter that saw all three benchmark indexes rise sharply, equity markets continued their excellent run in the first month of the second quarter. All three indexes finished higher in April. Continue reading What Major Funds are Buying and Selling Now …

Groupon Trims Q1 Losses, Provides Upbeat Guidance (GRPN)

Daily-deals site Groupon Inc. (NASDAQ: GRPN) handed better-than-expected fiscal first quarter revenue late last evening and provided upbeat guidance on the current quarter, fanning hopes that the beleaguered company has seen its worst, sending shares soaring 11% in extended-trading hours.

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LinkedIn Revenue Guidance Disappoints, Shares Tumble in Extended Hours (LNKD)

Ever since LinkedIn Corp. (NYSE: LNKD) went public two years ago, its quarterly results or outlook never disappointed investors with shares often rallying after the earnings releases.

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China’s Alibaba to Acquire 18% Stake in Sina Corp.’s Weibo Services (SINA)

China’s e-commerce giant, Alibaba announced on Monday that it has agreed to buy 18% stake in the Sina Corporation’s (NASDAQ: SINA) Weibo, a microblogging service, equivalent to Twitter, in a deal estimated at $586 million. The Company said that agreement allows Alibaba to increase its stake to 30% in the future.

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International Game Technology Beats Q2 Estimates, Provides Upbeat Guidance (IGT)

Gaming machines manufacturer and social gaming provider, International Game Technology (NYSE: IGT) reported fiscal second quarter results late last evening. The Company posted better-than-expected results and provided optimistic guidance for the full fiscal year.

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Zynga Tops Q1 Estimates But Q2 Outlook Disappoints, Shares Tumble (ZNGA)

Although social gaming company, Zynga Inc.’s (NASDAQ: ZNGA) fiscal first-quarter results topped analysts’ consensus forecast, the outlook on the current quarter and massive drop in the number of people playing its online games disappointed investors, sending shares down by almost 9% in extended hours trading on Wednesday.

Continue reading Zynga Tops Q1 Estimates But Q2 Outlook Disappoints, Shares Tumble (ZNGA)

Electronic Arts to Shutter Three Games on Facebook (EA, FB, ZNGA)

Game developing Company, Electronic Arts Inc. (NASDAQ: EA) said that it will shut down three social online games on Facebook Inc. (NASDAQ: FB) as the company just like any other game creator is witnessing dwindling users/gamers base on the social networking giant’s platform.

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Facebook Partners With Data Companies to Track Customer’s Buying Profile (FB)

Social networking giant Facebook Inc. (NASDAQ: FB) has launched its much anticipated and possibly a very profitable way to flash only highly targeted advertisements to its users. Typically, what  consumers have shopped in the past, either online or through brick and motors stores,  provides fairly good idea on his/her likings and more importantly tells what they are most likely  to buy in the future.

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