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The Latest Breaking News from Justin Patterson

Meta's Big AI Investments Could Face Test Of Ad Market Slowdown Amid Tariff Worries

Meta stock investors will be closely watching whether Facebook and Instagram can outperform a slowing ad market.

Investors Business Daily

Spotify 'Super Fans' Interested In High-End Tier

A new consumer survey shows high interest in a possible high-end service tier at audio streamer Spotify Technology. But Spotify stock dropped on Friday along with the broader market.

Investors Business Daily

Meta Stock Slides To Approach 3-Month Low Despite This AI Milestone

Meta stock slumped further despite news the Facebook parent's AI models had reached more than 1 billion downloads.

Investors Business Daily

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Analyst Moves The Sticks For Netflix Stock Before NFL Games

Netflix stock scored a price-target hike on Tuesday ahead of the company's next big test for live programming — two NFL football games on Christmas Day.

Investors Business Daily

30 Analysts Have This To Say About DoorDash

30 analysts have expressed a variety of opinions on DoorDash (NASDAQ:DASH) over the past quarter, offering a diverse set of opinions from bullish to bearish.

Benzinga

Spotify Stock Gets Price-Target Hike On Revenue Growth, Profit Outlook

Music streamer Spotify Technology is in the "sweet spot" of growth and profitability, a Wall Street analyst says.

Investors Business Daily

Spotify, IBD Stock Of The Day, On Path To 1 Billion Users

Spotify Technology is on pace to reach 1 billion monthly active users worldwide by 2030, a Wall Street analyst says.

Investors Business Daily

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Spotify Looks To Beef Up Audio Service With Videos

After conquering the streaming music market, Spotify is looking to broaden its subscription service with video.

Investors Business Daily

Spotify Stock Has Several Tailwinds, Analyst Says

A Wall Street analyst sees several tailwinds for Spotify stock in the second half of 2024. Spotify shares have stalled recently.

Investors Business Daily

Spotify, IBD Stock Of The Day, Holds Tight After Big Earnings Beat

Spotify Technology is the IBD Stock Of The Day as the streaming music leader hovers near a buy point after its upbeat second-quarter earnings report.

Investors Business Daily

Netflix Stock Rises As Streaming Video Service Draws More Viewers

Netflix stock advanced on Friday following a report that showed higher subscriber engagement with the streaming video service's content.

Investors Business Daily

META Q1 Earnings Preview: Will Meta Platforms Go the Way of Tesla, or Netflix?

Meta Platforms will release its Q1 earnings after the bell today. Will the stock hit new record highs after the report, as it did after its previous earnings call - or plunge, like its FAANG peer Netflix?

Barchart

Netflix Stock Gets Price-Target Hikes As Outlook Brightens

Netflix stock received a pair of price-target increases on Wednesday ahead of the streaming video leader's fourth-quarter earnings report next week.

Investors Business Daily

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Tight margins, fights with Big Tech, and an uncertain business model likely won’t be solved by the group’s cull of 1,500 workers.

Fortune

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Investors Business Daily

Uber Earnings Watch: International Sales, Lyft Competition, Ads Push

Uber stock has nearly doubled its value this year. Can third-quarter earnings keep the company in the fast lane?

Investors Business Daily

Wall Street Cheers Netflix Price Increases As Sign Of Strength

Netflix stock jumped Thursday on price increases and the video streamer's better-than-expected third-quarter results.

Zenger

Netflix Surges On Strong Q3 Results; KeyBanc Analyst Upgrades Rating

Analyst Justin Patterson raises price target by 47% on improved subscriber growth and increased earnings projections.

Zenger

Meta Connect Conference To Showcase AI And VR Advancements, Exciting Investors

KeyBanc analyst highlights Meta's progress in artificial intelligence and virtual reality at upcoming conference.

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Zenger

Snap Analysts Weigh In On Company’s Ability To Compete With Social Media Giants

Snap Inc faces challenges as analysts assess long-term potential

Zenger

Eventbrite’s Revenue Growth Expected To Soar Amid Analyst Upgrade

Analyst predicts significant margin expansion and 20% annual revenue growth for Eventbrite

Zenger

Alphabet’s Q2 Results Beat Expectations, Driven By Strong Cloud Business

Google Properties' growth expected to rebound and YouTube Shorts surges, fueling optimism for long-term AI-driven growth.

Investors Business Daily

Is Meta's Threads App A 'Twitter Killer'? Social Media Users Debate New Service

Wall Street analysts and social media users on Thursday debated whether Meta's Threads app is a threat to Twitter.

Benzinga

Why Lyft's Quarter-To-Quarter 'Bumpiness' Could Hurt Stock: 7 Analysts Break Down Q3 Earnings

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday.

Benzinga

Airbnb Is 'Solid': 7 Analysts Offer Takeaways On Q3 Print

Although Airbnb Inc (NASDAQ: ABNB) reported upbeat third-quarter results, with revenue of $2.88 billion and earnings of $1.79 per share, analysts slashed price targ

Benzinga

Pinterest Only Social Media Asset Likely To See Double-Digit Revenue Growth, Margin Expansion In 2023, Says Analyst; How Minnow Outdid Bigger Rivals In Q3

After all the tech bloodbath, it was a refreshing sight to see a social media stock rally hard following its quarterly results.

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