Facebook, Inc. Nears 2 Billion Users

Posted on Top Stories at 12:09 am on June 24, 2017 by by admin


Facebook (NASDAQ: FB) is “very close” to hitting 2 billion monthly active users, CEO Mark Zuckerberg said this week , according to Bloomberg. Nearing such a significant milestone, Facebook’s dominance as the world’s largest social network is as evident as ever. As Facebook’s global reach continues to expand, Zuckerberg shared an important update on the Read more

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SSB Crosses Below Key Moving Average Level

Posted on Top Stories at 11:03 pm on June 23, 2017 by by admin


In trading on Thursday, shares of South State Corp (Symbol: SSB) crossed below their 200 day moving average of $84.20, changing hands as low as $83.15 per share. South State Corp shares are currently trading down about 1.3% on the day. The chart below shows the one year performance of SSB shares, versus its 200 Read more

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Pandora and Sirius XM Finally Pair Up

Posted on Top Stories at 9:57 pm on June 23, 2017 by by admin


It’s been only a month since Pandora Media Inc. (NYSE: P) signed a deal to get a cash infusion from KRR. A cancellation clause in the contract gave the struggling music streamer the right to pursue other options, establishing a $22.5 million termination fee to be paid to KKR if it decided to pull out of Read more

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Noteworthy Thursday Option Activity: COST, ABBV, AET

Posted on Top Stories at 8:51 pm on June 23, 2017 by by admin


Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Costco Wholesale Corp (Symbol: COST), where a total of 67,940 contracts have traded so far, representing approximately 6.8 million underlying shares. That amounts to about 164.5% of COST’s average daily trading volume over the past month of 4.1 Read more

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Snap's User Growth Isn't Its Only Problem

Posted on Top Stories at 7:45 pm on June 23, 2017 by by admin


User growth has been at the top of the list of concerns surrounding Snap (NYSE: SNAP) since it filed its S-1 with the SEC back in February. Already, Snapchat was showing signs of a slowdown in the second half of 2016. The slowdown coincided with the release and sudden popularity of Instagram Stories, as Facebook Read more

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