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“Monetization of newer platforms is increasing,” Raymond James Kessler said. Strong sales of the Oculus Quest 2 were highlighted by several of the analysts in updated notes put out after earnings. Needham s Martin highlighted the company’s WhatsApp monetization, click-to-message ads on Facebook Messenger, Facebook Marketplace and Facebook Watch as positives in the quarter. The first-quarter results for Facebook’s engagement with Shops were a positive for Thill. “We are particularly encouraged by the Shops monetization opportunity, as one of our recent experts noted that posts with instant checkout have 3x higher conversion rates than non-shoppable posts.” Facebook’s commerce business is in the early stages and bears watching according to Wedbush s Arounian. ....
Walt Disney Company (The) (NYSE:DIS), Netflix, Inc. (NASDAQ:NFLX) - Why 4 Analysts Think Disney Can Thrive Now And After The Pandemic benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Share: Benzinga s PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel. What goes up must eventually come down, although in this market environment, it can take some time. While positive catalysts can push issues higher and higher, a negative catalyst can knock an issue off its perch. A great example of this is ....