Shares of Bumble (BMBL) are up 2% after a roller coaster ride this morning. The stock initially tumbled 8% in pre-market trading before climbing 7% when the market opened. All of this is a result of the company delivering a third-quarter earnings update that fell short of expectations. Bumble, the online dating and networking [...]
By Leslie N. Masonson, MBA ServiceNow (NOW), a NYSE-listed company, became public in 2004 in Santa Clara, California, where it is currently headquartered. It has $8.5 billion in annual sales and a market capitalization of $124.4 billion. ServiceNow added more than 2000 workers over the past year and projects sales growth of over 20% [...]
Shopify (SHOP) shares got a nice 22% boost in Thursday morning’s trading session after the company reported third-quarter earnings that beat expectations on both the top and bottom lines. The e-commerce platform also provided upbeat guidance for the remainder of the year. Revenue of $1.71 billion outperformed the analyst expectation of $1.67 billion. This [...]
DocuSign (DOCU) reported fiscal first-quarter earnings late Thursday that beat the consensus and marked an improvement year over year. The document signing software company also raised its forecast for the full year. And yet, shares are falling so far in Friday’s trading session. The company’s revenue of $669.4 million represents an 11% gain year [...]
Amazon announced that it has reached an agreement for an enhanced collaboration with Shopify (SHOP) yesterday after the market closed. Shares rose in extended trading and they picked right back up this morning, as the stock has gained more than 9% so far in Thursday’s session. Amazon and Shopify already had a partnership in [...]
Lyft (LYFT) has been trending positively over the past few months, and CEO David Risher has decided to hop aboard with an insider purchase of $1.15m in company stock. He flat out said, “I’m putting my money where my mouth is”. The purchase works out to 100,000 shares of the company’s common stock. Risher [...]
Shares of Datadog Inc. (DDOG) have fallen more than 18% in Tuesday morning’s trading session so far. The company delivered quarterly earnings that topped the analyst outlook for the quarter that just ended - that’s not the issue. The problem is in the forecast for the current quarter and the remainder of the year [...]
Gaming software developer Unity (U) saw its shares rise more than 15% yesterday in Tuesday’s trading session. And so far today on Wednesday, shares picked up where they left off - up another 3%. This all comes from an announcement that the company is claiming its stake in the AI landscape with a revolutionary [...]
After the market closed yesterday, C3.ai (AI) reported fiscal 4th quarter earnings. The company exceeded analyst estimates for revenue and profit alike - and yet, the stock fell off a cliff. Revenue of $72.4 million came in well above the $71 million estimation from Wall Street. And while the company still reported a negative [...]
Yesterday, C3.ai (AI) jumped more than 18% after the predictive analytics company raised its outlook. While the exact results for the quarter will be available toward the end of May, the preliminary figures are promising. Revenue looks to be somewhere between $72.1 million to $72.4 million, beating out the previous guidance the company laid [...]
