While many major Western companies left Russia after its February invasion of Ukraine, private sector assistance to the victim of the assault has been slow to develop. Google Trends shows that, after peaking in February, searches for "Ukraine war" declined steadily despite small bumps in September and October. Back in March, tech giant Microsoft is fully suspended sales of new products in Russia and committed $35 million to support humanitarian efforts in Ukraine -- both directly to help refugees forced to flee during the invasion and the $18 million in Microsoft technology meant to facilitate the logistics around organizing aid. Read More...
Motley Fool
Why Twilio Stock Fell Hard Today
Shares of Twilio (NYSE: TWLO), a cloud-based communications software company, sank today after an analyst downgraded the company’s stock and cut his price target for Twilio’s shares by more than half. Twilio will report its third-quarter results after the bell tomorrow, but investors weren’t waiting around for it. Bank of America analyst Michael Funk, who was previously bullish on Twilio, downgraded the company’s stock rating to underperform and cut the price target for the stock to $85, a 51% decrease from the previous price target of $175.
