5 top social media stocks for August: META, TWTR, SNAP, GOOGL, PINS

Highlights: Shares of Ericsson fell 2.5% on Friday after SEC starts a separate probe into its misconduct in Iraq. In 2019 also Ericsson had to pay a US$1 billion fine as part of the settlement of a bribery case. Ericsson has lost about a third...

Highlights: Alphabet Inc.’s (NASDAQ: GOOGL) revenue surged 23% YoY in Q1, FY22. Meta Platforms, Inc.’s (NASDAQ: FB) revenue soared 7% YoY in the first quarter of fiscal 2022. Snap, Inc.’s (NYSE: SNAP) daily active users surge...

Highlights: AT&T Inc. (NYSE: T) reported a net income of US$4.8 billion in Q1, FY22. Omnicom Group Inc. (NYSE: OMC) gave a return of over 7% YTD. T-Mobile US, Inc. (NASDAQ: TMUS) revenue increased by 1.8% YoY in Q1, FY22. The communic...

Highlights  Decrypt was co-founded by Josh Quittner, Ilan Hazan and Ryan Bubinski in 2018. On Tuesday, Decrypt announced raising US$10 million after its spin-off from ConsenSys Mesh.  Decrypt Media reaches an average of five million ...

America’s leading telecommunications company T-Mobile (TMUS) on Wednesday posted revenue of US$15.1 billion for the first quarter revenue of fiscal 2022. The strong performance was driven by an unprecedented increase in 5G connections. Its d...

Highlights: Verizon Communications Inc. (VZ) announced its Q1 results on Friday. VZ reported record demand for its fixed wireless broadband. Verizon’s total revenue of US$33.6 billion is up by 2.1% from the year-ago quarter. Verizon...

Highlights: Meta Platforms, Inc. (NASDAQ: FB) revenue rose 20% YoY in Q4, FY21. Alphabet Inc. (NASDAQ: GOOGL) returned over 38% gains in the last 12 months. Pinterest, Inc. (NYSE: PINS) revenue surged 52% YoY in fiscal 2021. The social me...

The communication sector is one of the key economic segments in the US. The industry has been in focus lately as the quarterly earnings season is in high gear. Companies like Alphabet Inc, Meta Platforms Inc., T-Mobile US, Netflix, etc., have alrea...

One of the world’s largest OTT platforms, Netflix reported a disappointing subscription growth in the fourth quarter of fiscal 2021.     The streaming giant’s stock plummeted by 24%, from US$508.25 to US$385.30 per share...

Highlights Activision Blizzard expects its revenue to be about US$2.02 billion in Q4, FY21 Take-Two Interactive projected its revenue to be between US$3.35 billion and US$3.45 billion in FY22 Unity Software expects its revenue to be between US...