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Scott Kessler, S&P Capital IQ senior equity analyst, and Dennis Berman, Wall Street Journal business editor and columnist, discuss Twitter's valuation and if now is the time to take profits. "There are no profits expected from this company for a long time," Berman says.
Happy Friday. Now can get please get the lights turned on again?
Everyone knows Twitter has been on an absolute tear ever since it went public on Nov. 7—but is it the best-performing asset out there since then?
Some of the names on the move ahead of the open.
Some of Thursday's midday movers:
Shares in Twitter rose 6 percent to a fresh all-time high on Thursday, bringing the stock close to having tripled from its November IPO.
UPS and FedEx hit the road Thursday, scrambling to deliver boxes to angry customers who didn't receive the gifts they ordered in time for Christmas. NBC News reports.
Two outspoken corporate governance experts say Silicon Valley companies need to add more diversity to their board rooms.
*U.S. durable goods orders top expectations. NEW YORK, Dec 24- U.S. stocks scored modest gains on Tuesday as investors exercised restraint from making big bets in a short session ahead of the Christmas holiday, with the Dow and S&P 500 once again ending at record highs. Trading was extremely light during the day's abbreviated session, which ended at 1 p.m. EST.
New game consoles from Sony and Microsoft are sold out in many stores, a hint that the business is turning into a two-horse race. The NYT reports.
Ina Fried, All Things Digital, discusses how social media is impacting companies and advertising. You can't have a social media strategy without Facebook and Twitter, Fried says.
*Market closes early, remains shut through Christmas Day. NEW YORK, Dec 24- U.S. stocks were little changed on Tuesday as investors refrained from making big bets ahead of the Christmas Day holiday, with equity indexes at record highs.
*Dow, S&P 500 closed at all-time highs Monday. *Market closes early, remains shut through Christmas Day. NEW YORK, Dec 24- U.S. stock index futures pointed to a flat open on Tuesday, as investors were reluctant to make big bets ahead of the Christmas Day holiday, with equity indexes at record highs.
*Dow, S&P 500 closed at all-time highs Monday. *Market closes early, remains shut through Christmas Day. NEW YORK, Dec 24- U.S. stock index futures were little changed on Tuesday, as investors were reluctant to make big bets ahead of the Christmas holiday, with equity indexes at record highs.
Here are 11 of 2013’s most head-scratching political moments.
Dec 23- Walt Disney Co has slashed Chief Executive Bob Iger's fiscal 2013 compensation by 15 percent with a bonus cut, and named Twitter Inc co-founder Jack Dorsey an independent board director.
Check out which companies are making headlines after the bell Monday: CalAmp, Walt Disney & more
Dec 23- Walt Disney Co has named Jack Dorsey, co-founder of Twitter Inc and chief executive of payments startup Square Inc, as an independent board member. The company said on Monday that Judith Estrin, a former Cisco Systems Inc chief technology officer, will retire from the board at its March 18 annual meeting.
CNBC's Robert Frank provides insight on 3 homes for sale for $100 million. Also, Dominic Chu weighs in on the total outrage over IAC PR executive's tweet heard around the world.
A communications director lost her job after tweeting an inappropriate comment just before boarding a plane to Africa. CNBC's Michelle Caruso-Cabrera and Bob Pisani share their opinions.