Managing to not lose money on your investments this year will be an accomplishment, as the coronavirus has crippled the value of many stocks early on in 2020. But that doesn't mean every investment has had a bad start to the year.
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The COVID-19 pandemic crushed many social media stocks, as investors assumed companies would buy fewer ads throughout the crisis. Yet Pinterest (NYSE: PINS) recently defied those expectations with surprisingly robust guidance for its first quarter, which ended on March 31.
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German Finance Minister Olaf Scholz said on Thursday that efforts to introduce global rules on taxing digital giants such as Google, Amazon and Facebook should not be derailed by the coronavirus crisis.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Goldman Sachs Group Inc (the (Symbol: GS), where a total volume of 26,169 contracts has been traded thus far today, a contract volume which is representative of
Efforts to introduce global rules on taxing digital giants like Google, Amazon and Facebook should not be derailed by the coronavirus crisis, German Finance Minister Olaf Scholz said.
With the coronavirus pandemic raging on in the U.S. and across the world, social media giants Facebook (NASDAQ: FB), Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, Twitter (NYSE: TWTR), and Snap (NYSE: SNAP) are seeing a huge uptick in usage. But that isn't translating into i
Zoom Video Communications (NASDAQ: ZM), the popular video conferencing app that's faced a series of security and privacy issues, has tapped Facebook's (NASDAQ: FB) former security chief as an advisor.
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Match Group (NASDAQ: MTCH) has been a robust growth stock since its IPO in 2015. The parent company of Tinder, OKCupid, and other popular dating apps went public at $12 per share, and the stock surged seven-fold to a high of over $90 earlier this year.
Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is seeing increased demand for its G Suite of productivity software for businesses that competes against Microsoft's (NASDAQ: MSFT) Office and Office 365.
What happened
Pinterest (NYSE: PINS) stock popped nearly 13% this morning, setting off an afternoon chain reaction among other advertising-dependent social media stocks including Snap (NYSE: SNAP), Twitter (NYSE: TWTR), and even reviews website Yelp (NYSE: YELP).