by Elizabeth Napolitano | Nov 2, 2022
A steep decline in cryptocurrency trading has plunged Coinbase Global Inc. (COIN) toward deep losses and analysts say there’s no easy fix to lift the company out of the red. Analysts have slashed their estimates for the crypto exchange just days before the company’s...
by By David Westenhaver | Oct 31, 2022
By David Westenhaver Facebook parent Meta Platforms Inc. reported skyrocketing expenses Wednesday as costly investments in the metaverse, artificial intelligence, servers, and data centers hurt the company’s bottom line. The social media company reported...
by David Westenhaver | Sep 19, 2022
By David Westenhaver Social media stocks have endured a bloodbath for much of the year, and their outlook remains worrisome, especially if a slowing U.S. economy cuts into ad revenue. Meta — the heavyweight champion of the social media industry thanks to Facebook and...
by Olivia Morley | Nov 15, 2021
By Olivia Morley If its new video strategy works, Pinterest could be the best at marrying video with e-commerce, at scale. Until this year, Pinterest’s products lagged behind the competition. To compete with TikTok, social platforms from Instagram to YouTube had...
by Olivia Morley | Nov 15, 2021
By Olivia Morley Pinterest Inc. said its monthly active users (MAUs) declined to pre-pandemic levels in the September quarter, but have been stable since then. The company said MAUs in the U.S. declined 10% in the September quarter to 89 million, down from 98 million...
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