Snap spiked after a blow away report,uarter earnings with revenues topping estimates for the First Time Since the company went public on most a year ago. The earnings were buoyed by momentum in the ad business and user growth. Fourthquarter sales jumped 72 to 785 million. We broke it down with the with alyst market analyst and a bloomberg reporter. What did snap get right this quarter . Well, they have been transitioning their advertising business to make it more automatic, more programmatic, selling ads automatically, which means they can have a bigger base of advertisers. Down,ice of ads has gone but the volume in the amount of time people look at these ads is going up, so snap has been able to make this work for them this quarter for the first time. Deborah, what is jumping out to you . We know they have been doing a lot, the whole redesign, perhaps we are seeing some of the results of that, but what do you think is really driving these results . You know, i think it is a couple fac
But first, to our lead. Snap spiked after a blowaway fourthquarter earnings report, with revenues topping estimates for the First Time Since the company went public almost a year ago. The earnings were buoyed by momentum in the ad business and user growth. Snap said fourthquarter sales jumped 72 to 785 million. Its daily active users are up 18 from one year ago. We broke it down with a market analyst, deborah, and a bloomberg reporter sarah frier, who covers snap. What did snap get right this quarter . Well, they have been transitioning their advertising business to make it more automatic, more programmatic, selling ads automatically, which means they can have a bigger base of advertisers. The price of ads has gone down, but the volume in the amount of time people look at these ads is going up, so snap has been able to really make this work for them this quarter for the first time. Emily deborah, what is jumping out to you . We know they have been doing a lot, the whole redesign, perha
But first, to our lead. Snap spiked after a blowaway fourthquarter earnings report, with revenues topping estimates for the First Time Since the company went public almost a year ago. The earnings were buoyed by momentum in the ad business and user growth. Snap said fourthquarter sales jumped 72 to 785 million. Its daily active users are up 18 from one year ago. We broke it down with a market analyst and a bloomberg reporter sarah frier, who covers snap. What did snap get right this quarter . Well, they have been transitioning their advertising business to make it more automatic, more programmatic, selling ads automatically, which means they can have a bigger base of advertisers. The price of ads has gone down, but the volume in the amount of time people look at these ads is going up, so snap has been able to really make this work for them this quarter for the first time. Deborah, what is jumping out to you . We know they have been doing a lot, the whole redesign, perhaps we are seeing
Is the nonmanufacturing or services portion of the economy that is by far the biggest. Economicore strong data adding to the jobs reports. That was not good news for stocks. We saw on increased in bond yields. The first one i want you to look at here is the 10 year yield, which remains unchanged after the latest numbers came out. Holding at the highest since january of 2014 and up one basis point this morning. Seeing little change holding atd market, but the selloff is indeed continuing. The downward momentum continued around the globe in the early night session and then selling continued into the u. S. Session as well. We have got groups on the move. Financials the worst performers and energy, which as a group fell 4 on friday, down 1 today as we have got negative earnings continuing. The selloff is not quite as broad as it was friday but nonetheless, pretty broad with real estate in the green. You talk about banks today, you have got to talk but wells fargo on the news and late frida
That will happen. It will be an issue for some time. We are here at the fremont station this morning. People are trying to get on the train right now could be running a bit behind schedule. There are significant delays this morning about the fremont warm springs line. This is what it looks like at the fremont station. This is a video we shot early this morning this happened at around 3 20 am. No one was hurt in this accident but a truck that is designed to drive along the tracks derailed this morning. There was damage that was done to the third rail. And the cover to the third rail. Crews at the scene are doing two things, they are working to remove the maintenance truck and working to do repairs to all of the damaged equipment. In the meantime, train for single tracking to the area. They have to slow down as they come upon the south hayward bart station and proceed with caution through the area. That is slowing things down this morning and leading to delays. This could be an issue for