Twitter share price plucked on user growth worries wiping billions from value July 29, 2015 Twitter investors must be spitting feathers. Shares in the social network have swooped 13 per cent lower, wiping several billion from the company's market value, after reporting muted growth in user numbers. “Monthly users grew only 0.7 per cent sequentially to 304m, while US monthly users remained at 65m, showing no growth. Annually, global users [...]
European Central Bank says Twitter can predict which direction stocks are heading July 29, 2015 Market mavens should keep an eye on Twitter if they want to know which direction their stock picks are heading, or at least that's what recently published research conducted by the European Central Bank has found. Researchers crunched over 310,000 tweets between 2010 and 2012 containing the words "bullish" or "bearish" – because these are generally used [...]
Twitter share price jumps as second quarter results smash expectations July 28, 2015 Twitter's second-quarter earnings cheered investors and shed a positive light on Jack Dorsey's future as chief executive. The figures During the three months ended June, the social media company's revenue was $502m (£322m) and its earnings-per-share were $0.07. Both these figures beat market expectations by a considerable distance, with analysts having predicted a revenue [...]
US markets fall, dragged by tech giants Apple, Facebook, Twitter share price sliding July 22, 2015 US markets were weighed down by plunging tech stocks after disappointing results from several giants, with Apple leading the fall after iPhone sales missed forecasts. Wall Street was weighed down by a Silicon Valley that was decidedly glum today, with Dow Jones closing 1 per cent down and Nasdaq 0.5 per cent. After yesterday's earnings [...]
Apple, Yahoo, Microsoft, IBM and Twitter share prices fall as US markets open July 22, 2015 US technology shares all fell as US markets today, after disappointing results by Apple prompted a mass sell-off overnight. Read more: Apple reckons Watch sales "beat internal forecasts" The iPhone manufacturer led the fallers, with its shares falling five per cent to $124.29, after a 7.3 per cent drop in pre-market trading wiped $66bn off its [...]
Storyline app: Shark Tank entrepreneur Mark Cuban wants to reinvent Twitter and give users “social media zero” July 21, 2015 People think Twitter has a problem. Whether it's the "sloppy" handling of chief executive Dick Costolo's exit or slowing growth in the number of users and a lack of product innovation – everyone has an opinion. Now there's one person who's decided to put his money where his mouth is and take some action. The [...]
Twitter share price soars after hoax news story on a fake “Bloomberg” site fools investors July 14, 2015 Twitter's share price was sent soaring over eight per cent today as investors fell for a hoax news story claiming the social media network was considering a $31bn takeover. Read more: G4S share price plummets after fake press release “reveals” £400m profit overstatement The report was posted on bloomberg.market this morning; a site appearing to impersonate [...]
July Budget 2015: Here’s what Twitter said about George Osborne’s speech July 8, 2015 Before George Osborne even posed for the cameras with Budget box in hand, the pre-Budget buzz on Twitter had already reached 200 tweets per minute – then when he stepped up to the despatch box, that rocketed to more than 1,000 tweets per minute. The biggest talking point of the day was the student maintenance [...]
Greek crisis: The 12 Twitter accounts you need to follow to make sense of this whole mess July 6, 2015 Last night, the Greek people made their feelings known: they won't accept further austerity. But what's going to happen next? And when will we find out? There's only one way to make sense of this whole mess – and that's in 140-character chunks. We've got the full cast of characters listed here. In the Greek [...]
How Twitter became Alexis Tsipras’ secret weapon in Greek negotiations June 29, 2015 Late on Saturday evening, as Europe was still reeling from Greece’s decision to walk away from the negotiating table to hold a referendum on a reform package proposed by its creditors, the country’s Prime Minister, Alexis Tsipras, started tweeting. https://twitter.com/tsipras_eu/status/614922800709636096 Minutes later, he followed it up with another proclamation: https://twitter.com/tsipras_eu/status/614923748504940544 Then [...]