Mark Zgutowicz

Snap Inc (NYSE: SNAP) shares traded lower by 8% on Wednesday after the company reported a $326 million net loss in the second quarter, up from a $255 million loss a year ago. Snap reported a 9-cent EPS loss on the quarter, in-line with consensus analyst estimates. Revenue of $454 million exceeded...

Spotify Technology SA (NYSE: SPOT) gained this week after The Wall Street Journal reported the company has signed an exclusive deal with Kim Kardashian West for a new podcast focused on criminal justice. The new deal comes less than a month after Spotify secured an exclusive deal for Joe Rogan...

Spotify Technology SA (NYSE: SPOT) shares are up 15.8% this week after Joe Rogan announced he will be taking his popular "Joe Rogan Experience" podcast exclusively to Spotify. On Tuesday afternoon, Rogan announced that his podcast will be available on Spotify starting Sept....

Roku Inc (NASDAQ: ROKU) shares dropped 8% on Friday after the company reported strong first-quarter user growth but shared lackluster commentary about its ad business outlook for the second quarter. Roku reported a 45-cent loss per share for the first quarter, in-line with analyst expectations....

Twitter Inc (NYSE: TWTR) shares were down 5% on Friday after the company reported an earning beat in the first quarter but failed to reassure investors that its advertising business has stabilized in the current quarter. Twitter reported first-quarter earnings per share of 11 cents on $808 million...

Facebook, Inc. (NASDAQ: FB) shares jumped 5.9% on Thursday after the company reported that ad revenue has stabilized following a steep drop in March. On Wednesday afternoon, Facebook reported first-quarter revenue of $17.74 billion, up 18% from a year ago. The social media giant also reported 2.99...

Pinterest Inc (NYSE: PINS) beat almost all Street estimates in its fourth-quarter earnings report. While monthly active users (MAU) trended in line with forecasts, total revenue grew 46%, conversion optimization revenue popped 150%, and earnings before interest, tax, depreciation and amortization...

Snapchat's parent company Snap Inc (NYSE: SNAP) reported a fourth-quarter revenue miss and widening year-over-year loss. Snap's total addressable market represents a top concern for investors to "worry about most," Needham analyst Laura Martin wrote in a note. Management said the...

The SPDR S TR/S&P INTERNET ETF (NYSE: XWEB) has gained about 9% year-to-date, underperforming the Nasdaq Composite Index, which has soared about 34% in the same period. Given the catching up the subsector has to do, Rosenblatt Securities is making predictions for 2020 for the Internet stocks in...

Roku Inc (NASDAQ: ROKU) reported second-quarter results which prompted two analysts to turn bullish on the streaming content provider. Earnings came in at a loss of 8 cents per share, beating estimates by 13 cents. Sales came in at $250.1 million, beating estimates by $25.9 million. The company...

Pinterest Inc (NYSE: PINS) had a strong run in its first week on the market, and it continued to attract calls in the second week amid a levelling off. Few analysts have weighed in on its prospects, but the ratings are slowly trickling in. The Rating Rosenblatt analyst Mark Zgutowicz initiated...