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
Days. The eurodollar slightly weaker, that uptrend to seems to have been broken with a stronger dollar over g10 with the exception of the yen. Its a buy treasury single after the big selloff we saw yesterday and goldman doubling down on bullish commodity bets. I want to take a quick check on the safety Asset Classes. I mentioned dollaryen, portugal if you want to take on risk, go to portugal. The yield there is down by eight basis points with a lot of buying going across the curve over in europe and the vix at 29. Gold is up by four dollars now. The vix at 29 feels like the different world. David people werent buying gold. Alix gold is really liquid, its not surprising saw some selling if you needed to get liquidity. You covered gold, back and forward. , the new york fed president space of the European Chamber of commerce in new york city at 10 30, crude Oil Inventory data will be released and 21st century fox and tesla both post earnings, coming up today. Terms the first take, the sto
Supporters. Bloomberg markets asia. Haidi this recovery however long it lasts will be a oneway bet the way it has been over the past few months. There is a sense this is a market that is trying to find its footing after the selloff. The worst selloff in seven years, we did get that treasury story again. Here in asia, not too bad. Lets take a look at where things were tracking. Japanese stocks with strong gains. And it upside of 1 . The topics much the same. Nd we are bucking the trend there is a sense of caution where volatilitys come down but higher than where we were a week ago. Gone backngs have not to normal. When you look at what will be happening in hong kong we will see how much investors look at the trade data. Will they ignore it or put more weight on it . That would give you an indication that we are back to regular programming. The other thing i want to mention, have a look at this chart. To real stress times for the market, gf cn red. You have the european debt and green an