Square’s ascent has come thanks to a combination of an expansion into multiple financial services and a pivot into cryptocurrency.
Executives from Facebook and Twitter struck a contrite tone in Senate testimony on Wednesday. That should serve them well in the long run, a Wall Street firm said in a note Thursday, but the short-term pain continues for both stocks.
There was an apparent thaw in the normally tense narrative pitting Silicon Valley vs. The Beltway that has played out on Capitol Hill a few times the past year.
Sandberg and Twitter chief Jack Dorsey were facing waves of questions about what their companies are doing to avoid a repeat of 2016.
As Apple preps for its biggest day of the year next week, at least one Wall Street firm has raised its price target on the company’s stock in anticipation of the launch of three new iPhones.
Shares of Western Digital (WDC) and Seagate Technology (STX) are being battered Tuesday after a report from Evercore ISI warned of declining profit margins for both makers of hard drives and flash memory storage devices.