NEW YORK / ACCESSWIRE / June 09, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for Twitter Inc, Facebook Inc, Thinspace Technology, Splunk.
Twitter Inc (NYSE:TWTR)’s shares declined 1.65% to $33.33. The company on June 5 agreed to buy Namo Media as the microblogging site seeks to bolster its reach in mobile advertising. Twitter announced the acquisition in a blog post, without releasing financial terms of the deal. As Twitter competes with Facebook Inc. (FB) and Google Inc. (GOOG) in the market for mobile ad dollars, the purchase of Namo Media brings technology for so-called native advertising, a strategy that blends ads with the rest of a website. Using its ad network, acquired in last year’s purchase of MoPub, Twitter has said it can reach more than 1 billion phones.
TWTR is on the Decline so which Hot Tech Stock should Investors Keep on Their Watchlists? Find Out Here http://www.marketbuzzreport.com/THNS (Or Copy & Paste Into Your Browser)
Additionally, Topeka Capital commented on Twitter (NYSE: TWTR) on June 4, highlighting the potential in ad revenue growth for the social media site. The firm said, "From our checks we understand that while Twitter's ad products are newer, there is a lot of excitement from advertisers about Twitter as an ad platform, and more ad budgets are flowing towards Twitter.
Facebook Inc (NASDAQ:FB)’s shares fell 1.09% to $62.50. Facebook is is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps. Facebook did not disclose financial terms of the deal, which spokeswoman Vanessa Chan on June 3 said is expected to close later this month. Pryte's service, which has not publicly launched yet, seeks to make it easier for consumers without wireless data plans to use online services by selling short-term passes that would provide access to particular mobile apps, such as Facebook or Foursquare.
FB isn't the only Hot Stock on the Rise. Read the Full Research Report Here http://www.marketbuzzreport.com/THNS (Or Copy & Paste Into Your Browser)
Thinspace Technology, Inc. (OTCMKTS:THNS) shares climbed 22.56% to $0.25. What’s interesting is that the company had an array of news recently which has included Acquisition, Major Client Retention via Contract Renewal, and a New Seasoned Hungry CEO which all translate into a Major Company Turnaround.
In fact on June 05, it announced that Jay Christopher "Chris" Bautista has been appointed Chief Executive Officer of Thinspace Technology Inc. Mr. Bautista will replace Owen Dukes in his role as Chief Executive Officer, and will also be appointed to the Company's board of directors, effective upon the Company's meeting its information obligations under the Securities Exchange Act of 1934, as amended.
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From the technical prospective the stock has shown tremendous rise last week, signalling it could hit $1 considering very light resistance going forward.
Thinspace Technology, Inc. is a cloud computing company. The Company develops software productivity solutions that allow its customers secure access to centrally managed Desktops or Software Applications and to work and collaborate from anywhere, accessing enterprise apps and data on any of the latest devices, as easily as they would in their own office- simply and securely.
The company’s clients include some of the top companies including Toyota, NASA, PWC and Deutsche Bank.
Splunk, Inc. (NASDAQ:SPLK)’s shares gained 0.61% to $43.18. The company on June 3 announced eRegulations Insights, a Splunk4Good project utilizing federal open data to collect and analyze data on public comments submitted through Regulations.gov, the portal for Federal rulemaking. eRegulations Insights was developed in response to President Obama’s Open Government Initiative and his call for technology leaders to help harness the power of open data. eRegulations Insights is a set of online public dashboards and visualizations designed to help decipher the tone of public response to regulations and legislative proposals, recognize issues of concern within public responses and identify primary influencers who are mobilizing public engagement around proposals.
SPLK had an Epic Rally Could THNS be the Next Tech Stock to Go on a Bull Run? Find Out Here http://www.marketbuzzreport.com/THNS (Or Copy & Paste Into Your Browser)
Additionally, the company on May 29 announced results for its fiscal first quarter ended April 30, 2014. First Quarter 2015 Total revenues were $85.9 million, up 50% year-over-year. GAAP operating loss was $50.1 million; GAAP operating margin was negative 58.3%. Non-GAAP operating loss was $3.6 million; non-GAAP operating margin was negative 4.2%. GAAP loss per share was $0.43; non-GAAP loss per share was $0.04.
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SOURCE: Market Buzz Report