JUMP REPORT
Avg Daily Volume: 21,248,155 Market Cap: 25.73B
Sector: None Short Interest: None
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .01/share REV: 563.03/M
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LAST QTR: EPS: -.05/share ACTUAL: -.04/share (BEAT)
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NEXT QTR: EPS: -.06/share REV: 461.63/M
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FULL YR: EPS: -.19/share REV: 1,720/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 60% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -7.64, 18.74, -7.75
EXPECTED JUMP MOVE: 10-15%
Links To Latest News and Headlines
TikTok has officially shut down in the United States. The social media app went dark after the US Supreme Court determined that national security concerns outweighed TikTok’s First Amendment argument against a law that was signed in April 2024. ByteDance, TikTok’s Chinese parent company, also had the option to divest its stake in the platform, but it chose not to despite there being interested buyers. Apple (AAPL) and Google (GOOG) removed TikTok from their U.S. App stores late on Saturday evening before the ban went into effect while Oracle (ORCL) began the process of shutting down their servers. President-elect Donald Trump announced Sunday via Truth Social (DJT) that he will issue an executive order on Monday to extend the period of time before a ban takes effect “so that we can make a deal to protect our national security.” If the ban does go through Meta (META), Snap (SNAP) and Reddit (RDDT) stand to benefit the most as users migrate off TikTok. Yahoo Finance Senior Reporter Jennifer Schonberger reports the latest. This post was written by Stephanie Mikulich and Justin Oliver. Learn more about the TikTok ban TikTok loses Supreme Court battle to stop US ban What could happen to your TikTok app on Jan. 19 TikTok allows for ‘organic virality,’ content creators say Kevin O’Leary wants to save TikTok for its 6M+ entrepreneurs
TikTok is no longer accessible to its US users. For now.
The platform has provided a surge in discovery and revenue for companies that may not be able to replicate it elsewhere.
We recently published a list of These 10 Firms Took A Hit on Friday. In this article, we are going to take a look at where Snap Inc. (NYSE:SNAP) stands against other firms that took a hit on Friday. Wall Street’s main indices all finished in the green territory on Friday, as investors repositioned their […]
Morgan Stanley notes recent news reports suggest both President Biden and President-elect Trump are interested in extending the upcoming January 19 deadline to give TikTok more time to reach a suitable divestiture that would allow TikTok to keep operating in the U.S. Recent reports also suggest China may be contemplating allowing a divestiture, the analyst added. In this context of a divestiture looking “increasingly likely,” the firm outlines three reasons TikTok could potentially be a “strong
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