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Tipsy Flamingo Male ID: 102153033
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    $Meta Platforms (FB.US)$ will probably let it correct another 15-20% to take first bite
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    Tipsy Flamingo commented on
    Top 5 stocks from different platforms is a collection of top trending stocks from major investment platforms and social media, giving investors a list of trending stocks across places.
    Moomoo selected the hottest stocks from Robinhood and Investing.com; the most active stocks from Yahoo Finance, Stocktwits, and moomoo.
    Latest News for Top Stocks:
    - Former President Donald Trump is all set to launch his own social media platform, which would be publicly traded. $Digital World Acquisition Corp (DWAC.US)$ stock has risen an astounding 336% since this morning.
    Read more: DWAC shares up 110% after Trump announced social media platform launch plan, SPAC deal
    Read more: What is DWAC stock? 9 things to know about the SPAC behind Trump's TRUTH Social
    - Many investors are assuming that $Phunware (PHUN.US)$ will be involved in the development of the technology platform associated with Trump Media & Technology Group. For Trump's 2020 campaign app, Phunware – a Texas-based software development company – had partnered with American Made Media Consultants to develop The Official Trump 2020 App.
    Read more: Next DWAC? Phunware shares surging 300%
    - $Snap Inc (SNAP.US)$ stock plunged in late trading Thursday after the social-networking firm posted disappointing revenue growth and guidance that fell shy of estimates. The parent of Snapchat said its advertising revenue was hurt more than expected by Apple's change in the rules surrounding advertising on mobile apps.
    Read more: Snap stock plunged over 20% after earnings released. It's bad news for Facebook too
    - $Intel (INTC.US)$ stock fell in extended trading Thursday after the company missed sales expectations and said its chief financial officer plans to retire in May. The company also chalked a decline in its PC business to broader component shortages.
    Read more: Intel sales miss estimates as shortages dent volumes. The stock is falling
    - Morgan Stanley's clients have suggested that Musk may become the first trillionaire, because of SpaceX. $Tesla (TSLA.US)$
    Read more: SpaceX expected to become more valuable than Tesla?
    Read more: Best of Twitter | Tesla - automaker or dream maker?
    Top 5 stocks from different platforms (10/22)
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    Asian stocks set for mixed start; Treasuries slide
    Asian stocks looked set for a mixed start Friday as traders weigh the latest earnings.
    Futures slid for Japan, were steady for Australia and climbed for Hong Kong. The $S&P 500 Index (.SPX.US)$edged up to a record but the mood soured after the cash session when $Snap Inc (SNAP.US)$-- owner of the Snapchat app -- tumbled on disappointing earnings, hurting other technology shares in late trading. U.S. contracts were in the red.
    Axie Infinity, the crypto game that's grown over 200x this year alone
    Bitcoin just hit an all-time high and crypto mania is in full swing. One of this year's big winners has to be Axie Infinity, a blockchain-based game, whose token AXS has surged over 200x just since the start of the year. Axie is a pioneer of what's come to be known as a "play to earn" model, whereby participants who play the game can actually make money. Its popularity, for example, has exploded in the Philippines, where numerous people are making a living from it.
    First bitcoin ETF is already in danger of breaching a limit on futures contracts
    Just days after launch, the first U.S. Bitcoin futures exchange-traded fund risks becoming too popular for its own good.
    The $ProShares Bitcoin ETF (BITO.US)$is already on track to breach a limit on the number of futures contracts it is permitted to hold by the Chicago Mercantile Exchange, according to data compiled by Bloomberg. After two days trading BITO owns nearly 1,900 contracts for October, and CME rules cap the number of front-month contracts one entity can own to 2,000.
    Facebook and Alphabet pummeled after Snap warns on ads
    A collapse in shares of Snap dragged technology companies exposed to digital advertising lower late on Thursday after the owner of the Snapchat app warned that customers are cutting back on ad spending.
    $Meta Platforms (FB.US)$and $Twitter (Delisted) (TWTR.US)$were among the biggest decliners, with each at one point sinking more than 6% in postmarket trading. $Alphabet-A (GOOGL.US)$slid 2.8%.
    Snap plummets 22% after missing on revenue expectations
    $Snap Inc (SNAP.US)$reported its third-quarter earnings on Thursday, missing revenue expectations after $Apple (AAPL.US)$'s iPhone privacy changes disrupted its advertising business.
    The company also warned that global supply chain interruptions and labor shortages reduces the "short-term appetite to generate additional customer demand through advertising."
    Shares of Trump-linked SPAC close up 350% following news of social media deal
    The stock of SPAC company $Digital World Acquisition Corp (DWAC.US)$skyrocketed on extremely heavy trading volume after news of a merger that would launch former President Donald Trump's planned social media platform.
    DWAC's stock surged 357% Thursday and trading was halted multiple times due to volatility. DWAC was among the top 10 most popular names on Reddit's WallStreetBets chatroom, even exceeding meme stock $GameStop (GME.US)$'s mentions.
    Intel shares fall after component shortages hurt PC chip business
    $Intel (INTC.US)$fell more than 8% in extended trading on Thursday. The semiconductor company is in a period of massive capital expenditure as it spends $20 billion this year, including on a new chip foundry in Arizona.
    Intel's largest business, its client computing group, was down 2% year-over-year to $9.7 billion. That includes PC chip revenue.
    WeWork shares jump more than 13% in public markets debut after SPAC merger
    Shares of $WeWork (WE.US)$closed up more than 13% Thursday after the company went public through a special purpose acquisition company more than two years after its failed IPO. The office startup halted initial plans for an IPO in 2019 after investors raised concerns over its business model and its founder and then-CEO Adam Neumann.
    The company was valued at $9 billion earlier this year, a sharp drop from the $47 billion valuation from SoftBank Group in 2019.
    Source: Bloomberg, WSJ, CNBC
    Wall Street Today | Facebook and Google pummeled with Snap after it warns on ads
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    Tipsy Flamingo commented on
    Loving the app but not finding the answers I need using the HELP 'feature'. I've submitted a question several times trying to get an answer about dividends- how they're paid, where they're paid to, and if dividend reinvestment is possible. I get absolutely nothing in return. Either have actual people answer questions or remove the option to ask specific questions and offer FAQ only. The system based response is ineffective and frustrating from a user perspective.
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