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Twitter's Tepid Turnaround

From a Permian present to a broker/bot showdown, here are four charts that tell you what you need to know in business today.
Photographer: Chris Ratcliffe
At Closing, May 18th
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Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From a Permian present to a broker-robot showdown, here are four charts that tell you what you need to know in business today.


Twitter isn't a corporate Superfund site anymore, but don't be too quick to celebrate.

Source: Bloomberg

Note: The second-quarter revenue figure is the midpoint of the revenue range implied by Twitter's Ebitda forecast.

Invasion of the Bots

As index funds increasingly take over, it's time for financial professionals to hold themselves to a higher standard.

Source: Bloomberg Intelligence

It's Christmas Every Day For These Kids

Big discounts on Permian basin oil mean the holidays have come early for local refiners.

Source: Bloomberg

Note: Discount for West Texas Sour versus WTI Cushing.

Ailing Index

A wave of riskier new IPOs is coming to Hong Kong, and they're going to do great.

Source: Bloomberg

And don’t miss Chris Bryant on a worrying question at We Work: “… as the intermediary between landlord and tenant, WeWork has committed to making a huge $18 billion in lease payments over the next couple of decades, about $5 billion of which fall due in the next five years.

“Put simply, there’s a risk that WeWork's rent expenses might significantly exceed its revenue during a downturn. While it could try to sign up new members, the fees they’d be willing to pay would probably be lower, whereas rent expenses would be roughly the same.”

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

    To contact the author of this story:
    Max Nisen in New York at

    To contact the editor responsible for this story:
    Mark Gongloff at

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