-
Why Snapchat Could Have A Big Quarter
Wednesday, April 14, 2021 - 2:29pm | 486Snapchat owner Snap Inc (NYSE: SNAP) shares have risen over 350% in the last year. Analysts think there could be more opportunities for the company with its growth in social commerce and younger demographic. The Snap Analysts: Wedbush analyst Ygal Arounian upgraded shares of Snap Inc. from Neutral...
-
BofA Says Netflix's September Churn Higher, Downloads Lower
Friday, October 2, 2020 - 12:06pm | 418The controversy over the release of “Cuties” on Netflix Inc (NASDAQ: NFLX) has led to some uncertainty around churn and subscription numbers for the company. The Netflix Analyst: BofA Securities analyst Nat Schindler maintains a Buy rating on Netflix with a $575 price...
-
Comcast's Peacock Streaming Service Saw 1.5M App Downloads In 6 Days Of Launch: Report
Wednesday, July 22, 2020 - 2:58am | 477Comcast Corporation’s (NASDAQ: CMCSA) streaming video-on-demand service Peacock’s mobile app was downloaded 1.5 million times in the first six days of its launch in the United States, according to data from market intelligence firm Sensor Tower. What Happened This is a 25...
-
Apple China App Store Sees 2,500 Games Removed In One Week: SensorTower
Wednesday, July 15, 2020 - 4:51am | 307Apple Inc. (NASDAQ: AAPL) saw more than 2,500 games removed from the App Store in China in the first week of July, according to data from analytics firm SensorTower. What Happened This is an increase of about 400% over a similar period in June, SensorTower noted, as reported earlier by Reuters....
-
Coronavirus Drives Surge In Online Grocery Penetration For Players Like Amazon Prime Now, Walmart
Wednesday, May 6, 2020 - 3:45pm | 426Credit and debit card data compiled by BofA Securities suggests that online grocery spending trends remain "meaningfully elevated," even though total grocery spending moderated since the "stock-up" peak in March. The Thesis Although online grocery sales have been slowly moving...
-
Evercore: Spotify's Risk-Reward Profile Makes Bull Thesis 'Difficult' To Justify
Tuesday, January 15, 2019 - 2:27pm | 413Heading into Spotify Technology SA (NYSE: SPOT)'s fourth-quarter earnings report Feb. 6, the streaming music company is "playing an uncertain tune" and investors are encouraged to "remain off the dance floor," according to Evercore ISI. The Analyst Evercore ISI's...
-
Chart: Who Dominates The Mobile Apps Space Right Now?
Saturday, June 18, 2016 - 12:38pm | 368According to a recent Nielsen report, in the fourth quarter of 2015, Apple Inc. (NASDAQ: AAPL) iPhone users and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) Android users in the United States spent an average of more than 40 hours a month using apps in their smartphones. As per the study, the...
-
Facebook Discontinues Notify News App
Friday, June 3, 2016 - 1:43pm | 244Facebook Inc (NASDAQ: FB) is shutting down its Notify news app and integrating its features into other products like Messenger, according to TechCrunch. TechCrunch said Facebook sent the following message to users: "Thanks for using Notify. We're transitioning parts of Notify into...