Dave Kovaleski

New SEC Head Creates Crypto Task Force Led by Industry Advocate The Crypto 2.0 task force will work to develop a regulatory framework for crypto assets.

Mark Uyeda, acting chairman of the Securities and Exchange Commission (SEC), recently launched a crypto task force at the entity.© Shutterstock The task force will look to develop a comprehensive and clear regulatory framework for crypto assets. The SEC task force will be led by SEC Commissioner Hester Peirce. Also serving on the task force […]

Republicans on the U.S. House Ways and Means Committee introduced legislation that would cancel the countries involvement in the Organization for Economic Co-operation and Development (OECD) global tax proposal.© Shutterstock The Defending American Jobs and Investment Act would also create reciprocal taxes applicable to any foreign country that decides to target Americans with unfair taxes […]

The U.S. Energy Information Administration is forecasted a drop in the price of crude oil for 2025 and 2026. EIA predicts that benchmark Brent crude oil prices will fall from an average of $81 per ... Read More »

A new report released by the Solar Energy Industries Association (SEIA) finds that existing and expected utility-scale solar, wind, and battery storage projects in Texas will contribute over $20 billion in total tax revenue and ... Read More »

The joint venture with SoftBank and OpenAI will build new AI data centers.

This mega deal in the credit card and banking industries is getting closer to being finalized.

The nation's third largest credit card company had one of its best years ever in 2024.

Advertisement Disclosure : When you purchase through our sponsored links, we may earn a commission from our partners. By using this website you agree to our T&Cs. Key Points Twilio stock soared 22% on Friday, making it the day's top gainer. The catalyst was the company's investor day, held Thursday. Investors were impressed with Twilio's growth prospects, as the stock received several analyst upgrades. Analysts are bullish on the cloud communications provider. The biggest gainer on Friday was Twilio (NYSE:TWLO) stock, which soared some 22% on the day to almost $139 per share. The catalyst for the cloud communications provider was its investor day, held Thursday, which featured some promising projections about the company's future growth The firm also released preliminary results for the fourth quarter, which showed positive net income and strong revenue gains for the young company. Over the past 12 months, Twilio stock has surged 88% higher. Can it continue to rise in 2025? Becoming profitable for the first time Twilio is a cloud communications company that provides a platform for developers and customers to build out their own phone/voice, text/messaging, and video communication platforms. The company has been in growth mode, with rapidly rising revenue. But the company has remained unprofitable. In the third quarter ended September 30, it grew revenue 10% year over year to $1.13 billion. However, it also had a net loss of $10 million and a net loss from operations of $5 million. That was down significantly from a net loss of $109 million in the same quarter a year ago. While Twilio doesn't report fourth quarter earnings until February 13, it released preliminary results this week in an 8-K SEC filing. The preliminary Q4 results are indeed promising as Twilio expects an 11% increase in revenue, which is well above previous projections. Further, the company anticipates positive net operating income, generating a quarterly net profit for the first time. Investors were also more hopeful about Twilio's growth prospects after the company's investor day on Thursday. The company is the leader in communications platform-as-a-service in an industry that is expected to grow at a compound annual growth rate of 11% between now and 2028. As for Twilio, company officials anticipate double-digit annual revenue increases over time and a 21% to 22% non-GAAP operating margin in 2027. That would be up from a non-GAAP operating margin of 16.1% in the most recent quarter. Further, it expects to be profitable for fiscal 2025 and for each year after that. Twilio also anticipates having $3 billion in cumulative free cash flow over the next three years. In fiscal 2024, Twilio is targeting free cash flow to be in the range of $650 million – $675 million, so the expectation is for that to grow significantly. Investing in AI Twilio has been investing heavily in AI to improve its service. It has invested in AI agents as well as technologies to make its communications tools more predictive, automated, faster, and its interactions more robust and personalized. Wall Street analysts were impressed with the investor day presentation, as the company got at least a dozen price target upgrades Friday. The biggest bump came from Oppenheimer, which boosted the target by $70 per share to $160. That would be a 17% increase over the current price. Baird also raised its target for Twilio to $160 per share, citing its AI potential. “AI-driven products, including voice and messaging bots running on TWLO, could present a growing opportunity,” said Baird analyst William Power, according to 24/7 Wall Street Power also cited Twilio's reasonable valuation, with a forward P/E of 26. With its valuation, and growth prospects, it's a stock to put on your radar. Interested investors should be dialed in to Twilio's Q4 earnings report on February 14. Our Editorial Standards At ValueWalk, we're committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent. Senior News Writer Dave has extensive experience writing about stocks, personal finance, and investing. Before joining ValueWalk, Dave was a writer/analyst at The Motley Fool, where he mainly covered financials, consumer goods, market movers, and technology stocks. Dave has also written about personal finance for Standard & Poor's, money markets for Crane Data, financial regulations for Macallan Communications, and institutional investments for Pensions & Investments. His articles have appeared in USA Today, Yahoo Finance, Nasdaq, MSN, Fox Business, and in newspapers across the country. He has also written two local history books in his native Massachusetts. Dave has extensive experience writing about stocks, personal finance, and investing. Before joining ValueWalk, Dave was a writer/analyst at The Motley Fool, where he mainly covered financials, consumer goods, market movers, and technology stocks. Dave has also written about personal finance for Standard & Poor's, money markets for Crane Data, financial regulations for Macallan Communications, and institutional investments for Pensions & Investments. His articles have appeared in USA Today, Yahoo Finance, Nasdaq, MSN, Fox Business, and in newspapers across the country. He has also written two local history books in his native Massachusetts.

↵ Image Source: Unsplash American Express (NYSE: AXP ) capped off a record year with a strong fourth quarter that was fueled by robust holiday shopping.