Tag Archives: twtr

Here’s How Much Money Instagram Could Make In ’16

Facebook’s (FB) Instagram app is now officially more widely used than Twitter (TWTR) — it boasts over 400 million monthly active users. And the photo-sharing platform is growing more quickly than analysts expected: It took just nine months for Instagram to rack up its latest 100 million users. That’s 33% growth in less than a year. By comparison, Twitter reported 304 million monthly active users in its most recent quarter, which represents growth

Mobileye Stock Hits Sell-Off On Self-Driving Car Idea

Connected-car stock Mobileye (MBLY) gapped down Thursday in high volume as short-seller Citron Research targeted the maker of advanced driver-assistance systems. Citron announced from its Twitter (TWTR) account Wednesday that it was setting a short-term target on the stock at 25 and called it worse than Ambarella (AMBA). The latter company is a chipmaker to the likes of action-camera company GoPro (GPRO). Ambarella stock has fallen 45% from a July

Investors, Analysts Grope For Clues On Twitter Stock

Investors and analysts had trouble Thursday reconciling their views on Twitter’s (TWTR) prospects for growing traffic, as one analyst lowered his price target on the social media outlet’s stock while investors drove shares up. Twitter stock was up more than 2%, above 28, in afternoon trading in the stock market today, after Canaccord’s Michael Graham cut his price target to 40 from 45. Graham said in a note to clients that traffic growth seems to