SOCL

Weekly Report: what happened at SOCL last week (0415-0419)?

TikTok's Ticking Clock: Meta, Snap Stocks Climb As US Ban Bill Vote Nears

A high-profile bill that aims to dismantle TikTok's U.S. Operations is affecting social media stocks. The bill was approved by the House of Representatives last month and is expected to be voted on this weekend. Snap Inc and other companies with overlap with TikTok are up on the news.

Weekly Report: what happened at SOCL last week (0408-0412)?

Spotify's Q1 Outlook: Analyst Anticipates Surge in Subscriber Base and Revenue Per User

Keybanc analyst Justin Patterson maintained Spotify Technology SA (NYSE:SPOT) with an Overweight rating and raised the price target from $300 to $350. Spotify will report its first-quarter fiscal 2024 results before the market opens on April 23. Spotify stock gained 130% in the last 12 months.

Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

Weekly Report: what happened at SOCL last week (0401-0405)?

Weekly Report: what happened at SOCL last week (0325-0329)?

New Florida Law To Ban Social Media For Kids Under 14, Require ID Checks On All Ages—What's At Stake For Meta, Snap And Tech ETFs

Florida Gov. Ron DeSantis signed a bill that bans the use of social media platforms for children 13 or under. The legislation also requires parental permission for those between the ages of 14 and 15. The bill is backed by rising levels of anxiety, depression and addiction to social media.