Best day in 2014!

Market update

Wall Street rallies on labor market data. Dow Jones bounced 1,22%. S&P 500 rocketed 1,24%. The best day for stocks so far in 2014! Technology sector is up 1,39%, but Twitter suffered yesterday. They went in another direction. Not a surprice for the most expensive stock in our universe.

twitter_newbird_boxed_blueonwhite-11

Twitter (TWTR) -24,16%

Twitter stock plummeted yesterday, but I am not suprised. EPS: -1,69. The record high is 74,73 and that price was insane. Now the stock is trading at 50,03. Down -15,94 points only yesterday. It seems like the stock will open up in a red territory today too.

LinkedIn’s (LNKD) site traffic declines. The site traffic fell Q/Q in Q4. Unique visitors dropped by 3M Q/Q to 139M (rose by 23M Y/Y). Page views fell by 1B to 10,6B (rose by 800M Y/Y). User engagement for mobile app traffic aren`t going as planned. Only 25% of the revenue is coming from ads. LinkedIn is less directly dependent on site/app traffic than Twitter and Facebook.

They spent +57% Y/Y on Sales and marketing. 35% of revenue is spent and that is $157,2M. R&D is up to +46% to $113,1M. Registered users rose by 18M Q/Q to 277M. Stocks follow earnings, and if you don`t deliver EPS, you`re not going get any love from the market. This stock will open down about -7% today.

Yelp (YELP) +18,9%

Revenue rose by 72% Y/Y to $70,7 mllion in the quarter. Revenue from 2012 ($137,6) rose to $233 million in 2013. That is up 69%. Net loss is $2,1 million in the quarter. It`s adjusted EBITDA improved by 470% Y/Y to $10,4 million. 39% increase in average unique monthly visitors to 120 million. Local business accounts increased by 69% Y/Y, to 67,200.

Yelp Outlook for Q1 – 2014: Yelp expects revenue to be about $73,5 – 74,5 million. Growth will approximately 60% compared to Q1 in 2013. For the full year, Yelp projects net revenue to about $353 – $358 million. Shares are up 299,7% (1YR). That`s not bad for a company without any profit in 2013.

Reports today:

08:30:00 USD Non-Farm Payrolls Forecast: 185K Previous: 74K
08:30:00 USD Uneployment rate Forecast: 6,70% Previous: 6,70%

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Advertisements

Leave a comment

Filed under Stock market, Stocks

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s