Wayfair (NYSE:W) shares are trading higher on Monday after reporting second-quarter results. The e-commerce company reported adjusted earnings per share of 87 cents, beating the street view of 32 cents. Quarterly sales of $3.27 billion (up by 5% year-over-year or Y/Y) outpaced the analyst consensus estimate of $3.12 billion. Total net revenue, excluding the impact of our exit from the German …
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Death toll soars in Russian strike on Kyiv; Germany to send air defenses – The Washington Post
Death toll soars in Russian strike on Kyiv; Germany to send air defenses The Washington Post Russia-Ukraine war: List of key events, day 1,254 Al Jazeera Kyiv apartment block strike marks the deadliest attack on Ukraine’s capital since 2024 CNN Russian strikes kill 12 people in Kyiv, 6-year-old boy among dead Reuters Kyiv mourns after deadliest attack in a year kills 31 people in …
Read More »Reddit revenue soars as it bets on AI and advertising
Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably. One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The results revealed that the majority of Reddit’s revenue continues to come from ads, which brought in $465 million, representing 93% of the company’s …
Read More »Reddit Stock Jumps 15% as Earnings Beat Estimates and Revenue Soars – Barron's
Reddit Stock Jumps 15% as Earnings Beat Estimates and Revenue Soars Barron’s Reddit shares jump as much as 20% on second-quarter sales and guidance beat CNBC Reddit Stock Surges Higher on Strong Advertising Projections Bloomberg.com Reddit forecasts strong revenue on AI-driven ad strength, shares surge Reuters Reddit set to report Q2 earnings as Wall Street scrutinizes daily active user growth Yahoo Finance Source link
Read More »Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B
Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility. The price is currently bouncing between $101 and $112 with a mid-day market cap of $45 billion, Yahoo Finance reports. The company and existing investors sold shares at the …
Read More »Ethereum: Holder accumulation slows, holders in profit soars – What’s next?
Key Takeaways The high percentage of holders in profit might also hurt Ethereum’s rally, but one crucial aspect overshadows these developments. Over the weekend, Ethereum [ETH] has risen by 4.09%. The leading altcoin managed to defend the $3,700 support level and has also succeeded in climbing above the $3,860 local high from the 21st of July. Source: ETH/USDT on TradingView …
Read More »UK VPN demand soars after debut of Online Safety Act • The Register
Searches and sign-ups for VPN providers have surged in the wake of online age checks that were introduced on July 25 as part of the UK’s Online Safety Act. ProtonVPN reported a more than 1,400 percent increase in sign-ups in the UK after age verification requirements took effect. “Unlike previous surges, this one is sustained, and is significantly higher than …
Read More »Dow left behind as S&P 500 soars to record after record. What gives? – MarketWatch
Dow left behind as S&P 500 soars to record after record. What gives? MarketWatch Stock market today: S&P 500 clears 5th-straight record, Nasdaq hits fresh high as earnings, trade hopes bolster stocks Yahoo Finance S&P 500, Nasdaq close at records; Deckers soars on UGG demand Reuters Wall Street’s winning week ends with more records for U.S. stocks NBC News S&P 500 Hits New Highs …
Read More »S&P 500 and Nasdaq hit records; Deckers soars 12% – Reuters
S&P 500 and Nasdaq hit records; Deckers soars 12% Reuters S&P 500 clears 5th-straight record this week, Nasdaq hits fresh high as earnings, trade hopes bolster stocks Yahoo Finance S&P 500 posts fifth straight record close this week, powered by solid earnings: Live updates CNBC S&P 500, Nasdaq close at records; Deckers soars on UGG demand Reuters Stocks Are Booming. Investors Are Bullish. Next …
Read More »Demand for repairs of U.S.-banned Nvidia AI chips soars in China – report (NVDA:NASDAQ) – Seeking Alpha
Demand for repairs of U.S.-banned Nvidia AI chips soars in China – report (NVDA:NASDAQ) Seeking Alpha Nvidia AI chips: repair demand booms in China for banned products Reuters Nvidia AI chips worth $1bn smuggled to China after Trump export controls Financial Times As Trump Courts a More Assertive Beijing, China Hawks Are Losing Out The New York Times No near-term lifeline from China for …
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