October 27, 2022 | Daily JAM |
Okay, quarterly revenue and earnings reported yesterday after the market close stank up the joint. Revenue at Facebook’s parent, fell 4.5% in the quarter, a second consecutive drop in quarterly revenue to $27.7 billion. Wall Street forecasts called for $27.4 billion. Earnings per share tanked to $1.64 versus the $1.87 a share that Wall Street had expected. The stock closed lower by almost 25% today, October 27. But the big problem is that everything that CEO Mark Zuckerberg and his team said yesterday points to the continued pursuit of the same strategies and tactics that got the company to this point.
October 20, 2022 | Daily JAM |
Snap (SNAP), the maker of the Snapchat app, reported the slowest quarterly sales growth ever today, October 20, after the market close. The stock, which had lost 0.64% during regular trading hours, fell 27.06% in the after-hours session. And the drop took shares of other digital ad companies down in after-hours trading. Meta Platforms (META), also known as Facebook, dropped 3.05%. Alphabet (GOOG), lost 1.87% in the after-hours season. Digital platform The Trade Desk (TTD) fell 5.24%. Pinterest (PINS) retreated 7.14%
October 2, 2018 | Daily JAM, NPSNY, Stock Alerts |
As I wrote in my Special Report: "10 Picks for the Emerging Markets Bounce," I'm adding Naspers (NPSNY) to my Jubak Picks Portfolio. It's unlikely that you know much about this South African Internet giant--after all no U.S. analysts follow the stock despite its...
February 26, 2018 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. The typical item resembles this from today: “11: 40: Bloomberg is reporting that Apple (AAPL) is planning to release three new smartphones this year as it tries to rebound from disappointing sales of the iPhone X. The new models, tentatively set for a fall introduction, include the largest iPhone even (as Apple tries to grow in the phablet market), an ungraded handset the same size as the current iPhone X, and a less expensive model with some of the key features of the iPhone X.”
January 31, 2018 | Daily JAM, PYPL, Stock Alerts |
PayPal Holdings (PYPL) reported fourth quarter earnings of 55 cents a share, 3 cents a share above Wall Street estimates, and revenue of $3.71 billion (on a foreign-exchange neutral basis) vs projections for $3.63 billion. Revenue climbed 24% year over year for the...
December 11, 2017 | AAPL, Daily JAM, Stock Alerts |
Today Apple (AAPL) announced that it would buy Shazam for a price that Recode estimates is around $400 million. How do I like this deal? Let me count the ways. (Apple is a member of my long-term 50 Stocks portfolio.) First, in acquiring Shazam, Apple will get a huge...
December 8, 2017 | Daily JAM, Stock Alerts, TCEHY |
China's leading Internet gaming and entertainment company Tencent Holdings (TCEHY) has swapped stakes with music streaming company Spotify. Tencent Music Entertainment (TME), the unit of Tencent Holdings that manages its music streaming and karaoke services, will make...
November 2, 2017 | BABA, Daily JAM, Stock Alerts |
Yesterday before the market opened in New York China's e-commerce giant Alibaba (BABA) reported September quarter earnings of $1.29 a share (excluding one-time items.) That was 26 cents a share better than Wall Street projections. Revenue climbed 61% to $8.63 billion...
October 16, 2017 | Daily JAM, Stock Alerts |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
February 14, 2017 | Daily JAM, Stock Alerts, TCEHY |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
November 4, 2016 | Daily JAM, Friday Trick or Trend |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
November 4, 2016 | BABA, Daily JAM, Stock Alerts |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
