Social media is no longer just a social phenomenon, it is a large and growing market sector. Social media stocks can be exciting and profitable to trade, but require more analysis to separate the wheat from the chaff. Three charts, covering eleven stocks over the period November 2016 through October 2017, will show the different characteristics of each stock – supporting conclusions for those that might provide profitable trading opportunities and others that should probably be avoided.
U.S. president-elect Donald Trump failed to see the connection between his policy plans and the strength of the dollar when he expressed his favor of a weaker currency earlier this week, a former policy adviser of the International Monetary Fund said.
Wall Street was set to open slightly lower on Thursday as strong economic data and comments from Federal Reserve officials suggested monetary policy could be tightened by the end of the year. A report showed the number of Americans filing for unemployment benefits unexpectedly fell last week to a near 43-year low, indicating firmness in the labor market.
Twitter Inc. has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said on Friday, signaling the start of what is likely to be a slow-rolling auction of the high-profile but money-losing social media company.