Quantcast

Financial Articles

Nasdaq Shutdown Causes Stocks to Rise Nasdaq Shutdown Causes Stocks to Rise
· 1

This afternoon, Nasdaq came to a screeching halt due to a technical glitch in the computer system. The outage lasted around three hours. According to the Washington Post, the outage took place at 11:45 am and systems were not up …

Cisco Layoffs And Guidance Send Stock Down Despite Earnings Hit Cisco Layoffs And Guidance Send Stock Down Despite Earnings Hit

Cisco released its Q4 and fiscal year 2013 earnings on Wednesday, along with plans to lay off 4,000 employees. While the earnings managed to meet analysts’ expectations, the company’s stock is suffering on news of the job cuts. The layoffs, …

Carl Icahn Thinks Apple Is Undervalued, Meets With Tim Cook Carl Icahn Thinks Apple Is Undervalued, Meets With Tim Cook

Billionaire Carl Icahn has taken a “large position in APPLE,” and has met with Tim Cook. Last night, he tweeted: We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook …

Groupon Gets A CEO (Eric Lefkofsky), Posts Earnings Groupon Gets A CEO (Eric Lefkofsky), Posts Earnings

Groupon just released its earnings report for the second quarter, its second since former CEO Andrew Mason was fired. The company also took the opportunity to announce that it now has a permanent CEO – Eric Lefkofsky. Lefkofsky, one of …

LinkedIn Q2 Earnings Out, Revenue Up 59% YoY LinkedIn Q2 Earnings Out, Revenue Up 59% YoY
· 1

LinkedIn just released its earnings report for the second quarter, with revenue up 59% year-over-year at $363.7 million, beating Wall Street estimates. Net income was $3.7 million, compared to $2.8 million in the second quarter last year. The company also …

Yelp Reports Q2 Earnings, Revenue Up 69% Yelp Reports Q2 Earnings, Revenue Up 69%
· 1

Yelp released its earnings report for the second quarter on Wednesday with revenue up 69% year-over-year at $55 million, beating Wall Street expectations. The company also announced that cumulative reviews were up 41% year-over-year at over 42.5 million, average monthly …

Facebook Posts $1.81 Billion Revenue, Ad Revenue Up 61% Facebook Posts $1.81 Billion Revenue, Ad Revenue Up 61%

Facebook just released its Q2 earnings report, including $1.81 billion in revenue, beating Wall Street expectations. EPS (Non-GAAP) were $0.19 for the quarter, also beating expectations. Revenue from advertising was $1.60 billion (88% of total revenue and up 61% year-over-year). …

DataStax Raises New $45 Million Round Of Funding DataStax Raises New $45 Million Round Of Funding

Datastax announced this week that it has completed a $45 million series D round of funding led by Scale Venture Partners with participation from existing investors Lightspeed Venture Partners, Crosslink Capital and Meritech Capital Partners, and new investors DFJ Growth …

Yahoo Spends Over $1 Billion To Buy Back Shares Yahoo Spends Over $1 Billion To Buy Back Shares

Yahoo announced today that it is repurchasing 40 million shares of Yahoo common stock held by Third Point LLC at $29.11 per share, which is the closing price from Friday. That puts the deal at about $1.164 billion. Following the …

Google Earnings Released: Revenue And Paid Clicks Up, CPCs And Stock Down Google Earnings Released: Revenue And Paid Clicks Up, CPCs And Stock Down
· 1

Google just released its earnings report for the second quarter. The company missed Wall Street estimates, and it’s stock is headed downward. Revenue was up 19% year-over-year at $14.11 billion for the quarter. GAAP operating income for the quarter was …

Yahoo Q2 Earnings Released, Revenues Down Yahoo Q2 Earnings Released, Revenues Down
· 2

Yahoo just released its second quarter 2013 financial results, with GAAP revenue down 7% year-over-year at $1,13 billion for the quarter. Revenue excluding traffic acquisition costs (ex-TAC) was 1,07 billion for the second quarter, down 1% year-over-year. Non-GAAP earnings per …

Google Finance Gets Five New Stock Exchanges Google Finance Gets Five New Stock Exchanges

Google announced that it has added five new stock exchanges to Google Finance, further bolstering its international market offerings. Google has now added the BM&F Bovespa (Brazil), Borsa Istanbul (Turkey), The Stock Exchange of Thailand, SIX Swiss Exchange and Wiener …

Mobile Ad Revenue Jumped 83% In 2012 Hitting Record $8.9 Billion Mobile Ad Revenue Jumped 83% In 2012 Hitting Record $8.9 Billion
· 1

Mobile ad revenue in 2012 was up a whopping 82.8% hitting $8.9 billion, according to newly released findings from the U.S. IAB Mobile Marketing Center of Excellence, IAB Europe and IHS. In 2011 it was just $5.3 billion. Search led …

Netflix CEO/CFO To Do Live Video Discussion With Moderators In Lieu Of Regular Earnings Call Netflix CEO/CFO To Do Live Video Discussion With Moderators In Lieu Of Regular Earnings Call

Netflix announced on Tuesday that it will post its second-quarter 2013 financial results and business outlook on Monday, July 22nd at about 1:05 PM Pacific Time. Investors will no doubt be eager to hear of the company’s performance in relation …

Demand Media Acquires Artist Marketplace Society6 For $94 Million Demand Media Acquires Artist Marketplace Society6 For $94 Million

Demand Media just announced that it has acquired Society6, an ecommerce marketplace for artists. “All an artist needs to do is upload their artwork or design and consumers can customize a wide range or products, from iPhones to T-shirts to …

Microsoft Extends Revenue Guarantee To Yahoo In ‘Search Alliance’ Microsoft Extends Revenue Guarantee To Yahoo In ‘Search Alliance’

In a recent financial filing, Yahoo cited that Microsoft extended its revenue guarantee in the two companies’ ongoing “search alliance”. This is a guarantee that Microsoft has so far failed to live up to, but continues to extend, presumably, to …

LinkedIn Revenue Up 72%, Forecast Not So Great LinkedIn Revenue Up 72%, Forecast Not So Great
· 1

LinkedIn just reported its earnings for Q1, with revenue of $324.7 million for the quarter, up 72% year-over-year. Net income was $22.6 million, up from $5 million in the year-ago quarter. CEO Jeff Weiner said, “Q1 was a strong quarter …

Facebook Revenue Up 38%, Ad Revenue Up 43% Facebook Revenue Up 38%, Ad Revenue Up 43%

Facebook released its Q1 earnings report on Wednesday, including revenue of $1.46 billion, an increase of 38% year-over-year. Revenue from advertising was $1.25 billion (85% of total revenue), up 43% year-over-year. Mobile advertising accounted for 30% of advertising revenue for …

Amazon Sales Up 22% To $16.07 Billion For Q1, Profit Down Amazon Sales Up 22% To $16.07 Billion For Q1, Profit Down
· 1

Amazon reported its Q1 earnings today with sales up 22% to $16.07 billion. Operating cash flow was up 39% year-over-year to $4.25 billion for the trailing twelve months. Free cash flow was down 85% to $177 million for the trailing …

Here’s Google’s Full Earnings Call Here’s Google’s Full Earnings Call

Google released its Q1 earnings on Thursday, beating Wall Street estimates. The company reported $14 billion in revenue, up 31% year-over-year. Google has made available its entire earnings call for all to listen to after it was broadcast live . …

Google Reports $14 Billion In Q1 Revenue, Up 31% Google Reports $14 Billion In Q1 Revenue, Up 31%
· 2

Google released its earnings report for the first quarter, posting $14 billion in revenue, up 31% year-over-year. “We are working hard and investing in our products that aim to improve billions of people’s lives all around the world,” says CEO …