Tag Archives: twtr

Apple acquisition, possible China Mobile deal excite investors

Apple (AAPL) stock rose Tuesday on bullish reports about the company’s latest acquisition and, separately, on reports the company might be closer to sealing an elusive iPhone distribution deal with China Mobile (CHL), the world’s largest wireless carrier by subscribers. Apple (AAPL) late Monday confirmed that it had purchased social-media analytics firm Topsy Labs, but declined to give further details. Sources told the Wall Street Journal that Apple paid more than $200 million for Topsy, which specializes in analyzing the global conversation on Twitter (TWTR). Topsy’s tools analyze Twitter posts for such things as trending topics and use of specific terms. Its tools also can measure the influence of an advertising campaign and track political subjects. Analysts say Topsy’s software and expertise could be useful for Apple’s iTunes Store, by recommending songs, movies and TV shows to consumers. Topsy also could reveal trends in Apple’s iOS App Store that could be used to promote apps to users.  

Twitter, Internet company valuations spur bubble talk

With money-losing Internet companies getting sky-high valuations, some investors are feeling deja vu from the dot-com bubble. Talk of a new tech stock bubble is increasing. On Monday, activist investor Carl Icahn warned that the stock market could suffer a “big drop,” because valuations are rich and earnings are being driven more by low borrowing costs than management’s efforts to boost results, Reuters reported . Icahn recently pocketed a tidy profit on Netflix (NFLX), a company whose own CEO warned last month about “momentum-investor-fueled euphoria” in its stock. Twitter (TWTR) has become the poster child for a lot of bubble talk lately. The unprofitable microblogging and news feed service went public on Nov. 7 and surged 73% on its first day of trading, reaching a market valuation of roughly $25 billion. The stock priced at $26 a share and soared as high as 50.09, before ending the day at 44.90. It …

Twitter Market Cap Ahead Of Most Companies In S&P 500

Twitter’s (TWTR) first-day market cap would place it among the largest 200 companies in the S&P 500, and the stock so far this week got two new hold ratings. Twitter closed its first day of trading Thursday at 44.90, which would have given it a market cap of about $24.5 billion. “It would rank No. 164 in the (S&P 500) index overall, ahead of companies in more ‘traditional’ industries,” FactSet Research points out in a blog post . It’s a bit lower