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
Earnings. Eak down with facebookon sandberg. She says the me too movement has gone far enough. After a blow at first quarter, revenue topped estimates for the First Time Since snap went public almost a year ago. Snapchat fourthquarter sales jumped 72 and 200 and 85 million and instead of active users jumped to 187 million. Up 18 from a year ago. We have deborah in from seattle. Also, sarah frier recovers snap. What did snap get right this quarter . Sarah they been transitioning their advertising business to make it more automatic, more programmatic. Theyre selling as automatically which means they could have a better base of advertisers. The price of as have gone down but the volume and the a lot of time people look at these as going up, snap has been able to really make this work for them in this quarter for the first time. Emily we know that been doing a lot, there is a whole redesign and perhaps we are seeing some of the results of that. But what do you think is really driving these
Is Bloomberg Markets asia. It was a day for the record books. We have been constantly saying records for higher and higher. Pullback thathe everyone has been inspected but this is due to the aggressiveness. This is second only to the selloff of the top Credit Rating. This is the severity of the cell up when it comes to what we saw after brexit. It is worse than what we saw after china devalued its currency unexpectedly. David you hit the now on the head. We are not used to seeing days like this. Ground, thek at the we had consistent declines of over 1 , were looking that in the asiapacific. Look at the boards here. It took place in august of 2015. That is when china devalued its counties. These things dont happen to often. Is this a bear market . No it is not, it is a healthy correction. Do those conditions involved . Were watching the long end of the year curve. Watch what we are seeing across the measure of volatility. A lot of people were talking about but not a lot of people were p