Internet
Super Micro stock sinks 20% after earnings, outlook disappoint
Super Micro Computer shares plunged 20% on Wednesday after the company posted weaker-than-expected fiscal fourth quarter results, dented in part by President Donald Trump’s tariffs. CEO Charles Liang told investors on a conference call that the company has “taken measures to reduce the impact” of the tariffs. “With respect to the tariffs, the situation is […]
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Shopify stock soars 20% on rosy guidance as CFO says tariff hit ‘did not materialize’
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Chris Wattie | Reuters Shopify shares soared 20% Wednesday after the company topped analysts’ estimates for the second quarter, and gave rosy guidance for the third quarter. Here’s how the company did, compared with estimates from analysts polled by […]
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Snap shares plummet 15% after weak second-quarter revenue metric
Snap shares tanked more than 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street’s expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts’ estimates. Revenue: $1.34 billion vs. $1.35 billion expected, according to LSEG […]
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Hinge Health stock pops 6% after first quarterly report since IPO
Hinge Health co-founders, Gabriel Mecklenburg and Daniel Perez celebrate its initial public offering at the New York Stock Exchange on May 22, 2025. NYSE Shares of Hinge Health popped 6% in extended trading on Tuesday after the digital physical therapy company reported quarterly results for the first time since its debut on the New York […]
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Former X CEO Linda Yaccarino takes helm at digital health company eMed
Linda Yaccarino, CEO of X Corp., attends the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. Mike Blake | Reuters Linda Yaccarino, the former chief executive of Elon Musk’s social media platform X, is pivoting into health care. The digital health company eMed Population Health on Tuesday announced it has […]
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Hims & Hers stock falls 10% on revenue miss
The Hers app arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Shares of Hims & Hers Health fell 9% in extended trading on Monday after the telehealth company reported second-quarter results that missed Wall Street’s expectations for revenue. Here’s how the company did […]
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Amazon cuts some Wondery podcast jobs as part of reorganization of audio business
The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Tuesday, Sept. 29, 2020. Gabby Jones | Bloomberg | Getty Images Amazon is terminating some positions in its Wondery podcast division and the head of the group is leaving as part of […]
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OpenAI’s ChatGPT to hit 700 million weekly users, up 4x from last year
Jaque Silva | Nurphoto | Getty Images OpenAI is set to hit 700 million weekly active users for ChatGPT this week, up from 500 million in March, marking a more than fourfold year-over-year surge in growth, the company said Monday. The figure spans all ChatGPT artificial intelligence products — free, Plus Pro, Enterprise, Team, and […]
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Legal AI startup Harvey hits $100 million in annual recurring revenue
Harvey co-founders Winston Weinberg and Gabe Pereyra Courtesy of Harvey Artificial intelligence startup Harvey on Monday announced it has reached $100 million in annual recurring revenue, or ARR, just three years after its launch. Harvey runs an AI-powered legal platform for lawyers at law firms and large corporations. Its technology can help with legal research, […]
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Nintendo hiking price of original Switch for U.S. customers
A child playing with a Nintendo Switch game console. Julian Stratenschulte | picture alliance via Getty Images Nintendo said Friday it plans to hike the price of its original Switch “family of systems and products” in the U.S. The price increases, which take effect Aug. 3, are being made “based on market conditions,” the Japanese […]
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