Digital advertising company Aleph Group Inc reported an over 85% jump in revenue for 2021, according to a filing for an initial public offering that was made public on Monday.
Wall Street was mixed on Monday, as investors digested recent quarterly results from megacaps Amazon and Facebook owner Meta Platforms, while Peloton jumped following reports of interest from potential buyers, including Amazon.
U.S. stock indexes reversed course to slip on Monday as markets digested mixed quarterly results from megacaps Amazon and Facebook owner Meta Platforms last week, while Peloton jumped on media reports of interest from potential buyers including Amazon.
Wall Street put up a moderate show last week with the S&P 500 (up 1.6%), the Dow Jones (up 1.1%), the Nasdaq Composite (up 2.4%) and the Russell 2000 (up 1.7%) all yielding positive results despite a few headwinds.
Hey everybody Dave Bartosiak with Trending Stocks at Zacks.com. You hear that? That distant, faint sound of slow and painful death in the Metaverse? Yeah, that’s the sound of Zuckerberg getting torched for billions. Meta FB, the company formerly known as Facebook, not to
Snap (NYSE: SNAP) has spent more than a decade burning cash in order to build a viable social network and technology business. The strategy was risky, and at times investors didn't know if the company would reach its goals.
What happened
Shares of Freshworks (NASDAQ: FRSH) sank 17.2% in January, according to data from S&P Global Market Intelligence. The software stock fell amid intense sell-offs for the broader market and set a new 52-week low in the month's trading.
In early trading on Monday, shares of Datadog topped the list of the day's best performing components of the Nasdaq 100 index, trading up 6.8%. Year to date, Datadog has lost about 9.9% of its value.
What happened
Shares of DigitalOcean (NYSE: DOCN) sank 28.6% in January, according to data from S&P Global Market Intelligence. The cloud infrastructure company's stock suffered big pullbacks in a month that also saw the S&P 500 index slump by 5.3% and the Nasdaq Composit
The S&P 500 and the Nasdaq rose on Monday after a week of choppy trading spurred on by mixed quarterly results from big technology companies, while Peloton jumped on media reports of interest from potential buyers including Amazon.
What happened
Shares of Digital World Acquisition (NASDAQ: DWAC) managed to post big gains in January despite big sell-offs hitting the broader market. The Donald Trump-backed special purpose acquisition company (SPAC) saw its share price climb 42.1% in the month, according to da
What happened
Shares of Digital Turbine (NASDAQ: APPS) sank 27.6% in January, according to data from S&P Global Market Intelligence. There wasn't any major company-specific news behind the sell-off, but the stock lost ground in a tough month for the broader market.
Whether you follow earnings reports at the company-specific level, or those that make up the Federal Reserve, last week was action packed. Amazon.com (AMZN) and Snap (SNAP) were among the headliners with impressive earnings reactions. But the reports that surprised th
U.S. stock index futures edged higher on Monday after a week of volatile trading spurred on by mixed quarterly results from big technology companies, while Peloton jumped on media reports of interest from potential buyers including Amazon.
An antitrust court in Austria on Monday approved with conditions Facebook's purchase of animated images platform Giphy, in a boost for the social media giant after a UK watchdog said the deal should be reversed.
For Immediate ReleaseChicago, IL – February 7, 2022 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Amazon AMZN, Alphabet GOOGL, Apple AAPL, Facebook FB and Microsoft MSFT.
It's been a brutal few months for growing tech stocks. What started as a mild sell-off on omicron variant concerns after Thanksgiving turned into a full-fledged correction in January, when the Federal Reserve hinted it was serious about raising interest rates this year (likely st
U.S. stock index futures fell on Monday after a week of volatile trading spurred on by mixed quarterly results from Big Tech, while Peloton jumped on interest from potential buyers including e-commerce giant Amazon.
Rapid action is needed to update how cross-border financial services are scrutinised and consumers protected as the sector becomes digitalised with "Big Tech" playing an increased role, European Union regulators said on Monday.
With just weeks to go before an expected launch, Donald Trump’s new media venture is trying to strike a delicate balance with its app: giving Trump's base the freedom to express themselves, without running afoul of Apple and Google’s app store policies.