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Snapchat introduces "Context Cards" feature in its messaging platform
12 October 2017, 04:54 | Casey Mitchell
US Bancorp DE acquired a new stake in Snap during the first quarter valued at about $101,000. WFG Advisors LP increased its stake in Snap by 52.4% during the 2nd quarter. Commerzbank Aktiengesellschaft FI acquired a new stake in Snap during the first quarter valued at about $2,837,000. Harel Insurance Investments & Financial Services Ltd. now owns 7,540 shares of the company's stock valued at $134,000 after purchasing an additional 6,540 shares in the last quarter. This is an increase of approximately 542% compared to the average volume of 5,463 put options.
Previously on 10/02/2017, Stifel reported on Snap Chat (NYSE:SNAP) held steady the target price at $18.00. Needham & Company LLC assumed coverage on Snap in a research report on Monday, March 6th. This target by Credit Suisse suggests the possibile upside of 30.98 % from the last stock price. Canaccord Genuity maintained Snap Inc (NYSE:SNAP) on Friday, August 11 with "Hold" rating. Loop Capital initiated the stock with "Hold" rating in Tuesday, March 28 report. Ten analysts have rated the stock with a sell rating, twenty-five have given a hold rating and twelve have issued a buy rating to the company's stock. For Snapchat's parent company Snap Inc., the Context Cards open another possible revenue stream from retailers and other businesses that are seeking alternatives to driving foot traffic outside of mapping apps, social media and the search engines that dominate digital advertising. The firm's market capitalization is $24.20 billion. Snap has a one year low of $11.28 and a one year high of $29.44. The firm has a 50-day moving average price of $21.03 and a 200 day moving average price of $21.49.
Hurricane Ophelia moving northeast in the Atlantic
Hurricane-force winds extend outward up to 25 miles from the center and tropical-storm-force winds extend outward up to 70 miles. It is now around 760 miles south-west of the Portuguese Azore islands, whipping up 75mph winds as it trundles eastwards.
Snap (NYSE:SNAP) last announced its quarterly earnings results on Thursday, August 10th.
Analysts await (:) to report earnings on November, 9. The business's revenue was up 153.1% compared to the same quarter past year.
"The firm's longer-term investment thesis remains predicated on the following: "(1) we believe SNAP shares at current levels are now exhibiting asymmetric risk/reward to the upside, with downside risk of ~6% in our Grey Sky scenario and upside potential of ~39% to our target, (2) it is a scarce asset that offers advertisers access to a coveted younger demographic; and (3) Snap is a margin expansion story with revenue CAGR exceeding cost of sales CAGR".
Fast forward two months later, Wall Street - understanding the company's metrics better - is now warming up to Snap and willing to look beyond Snap's near-term flaws.
Jony Ive says Apple's iPhone X design is only the beginning
Apple has also put an organic light-emitting diode (OLED) panel and the iPhone X will support HDR, TrueTone and 3D Touch display. Even then, this will only happen if LG Display can produce the screens reliably and in the massive scale Apple would require.
$1.69 EPS Expected for JPMorgan Chase & Co. (JPM)
Capital International Sarl increased Coca (NYSE:KO) stake by 24,900 shares to 235,050 valued at $10.54 million in 2017Q2. Finally, Manning & Napier Advisors LLC boosted its stake in shares of J P Morgan Chase & Co by 19.3% in the 2nd quarter.
Taika Waititi wants to adapt Akira with all-Asian cast
I would do an adaptation of the books", he said. " And, yeah, so anyway there's been some chats [about him directing it ]". This actually makes the most sense, despite the fact that the anime is probably more well known internationally.
Oculus announces Oculus Go: Standalone VR Headset
The latest prototype is sleeker and features fully tracked controllers to enable hand presence in standalone form factor. Facebook and other major technology companies such as Google and Microsoft that are betting on VR have a long way to go.
Warm again today, spotty rain Friday
After the cold front moves out cooler temperatures settle in with temperatures not differentiating too much from morning lows. South Jersey may touch 84 or 85 degrees - the record high at ACY is 85 degrees, and could be in jeopardy Tuesday .