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Zacks News
Uber's Chief Product Officer Announces Plan to Step Down
by Zacks Equity Research
Uber's (UBER) chief product officer resigns at a time when the company tries to cope with huge losses amid significant cost pressure.
Sapiens Partners With Lightico to Fortify Product Offerings
by Zacks Equity Research
Sapiens (SPNS) enters into partnership with Lightico to enhance customer experience for the insurance market.
Bilibili (BILI) Q3 Earnings Miss Estimates, Revenues Up Y/Y
by Zacks Equity Research
Bilibili's (BILI) third-quarter 2019 results reflect an expanding user base and the growing popularity of mobile games.
Weibo Corp (WB) Q3 Earnings Top Estimates, Revenues Rise Y/Y
by Aniruddha Ganguly
Weibo's (WB) third-quarter 2019 results reflect expanded user base and higher advertising revenues.
Cisco (CSCO) Q1 Earnings Beat, Shares Down on Grim Outlook
by Zacks Equity Research
Cisco's (CSCO) first-quarter fiscal 2020 results reflect weakness in service provider, enterprise and commercial end markets.
YY Earnings Surpass Estimates in Q3, Revenues Increase
by Zacks Equity Research
YY's third-quarter 2019 results reflect strong live streaming revenues. However, higher investments in content and technology were a dampener.
Asure Software (ASUR) Q3 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Asure Software's (ASUR) third-quarter 2019 results reflect higher recurring revenues and HCM order wins.
Uber Co-Founder Kalanick Sells 21% Stake as Lock-Up Expires
by Zacks Equity Research
Following the expiration of Uber's (UBER) IPO lock-up period, its co-founder sells more than 20 million shares. The company incurred huge losses ever since it went public in May 2019.
Marchex (MCHX) Meets Q2 Earnings Estimates
by Zacks Equity Research
Marchex (MCHX) delivered earnings and revenue surprises of 0.00% and 5.30%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Amazon, Google Collaborate to Boost Streaming Initiatives
by Zacks Equity Research
Amazon (AMZN) and Alphabet's Google launches Prime Video on Chromecast and Android TV, and YouTube on Fire TV devices.
Amazon on a Hiring Spree, to Add More Than 2K Jobs in Britain
by Zacks Equity Research
Amazon (AMZN) plans to add more than 2,000 permanent jobs in Britain this year.
Amazon to Add Jobs in France as Part of Expansion Plans
by Zacks Equity Research
Amazon (AMZN) plans to add more than 1,800 permanent jobs in France this year.
Applied Materials to Acquire Kokusai Electric for $2.2B
by Zacks Equity Research
Applied Materials (AMAT) agrees to acquire Kokusai Electric from KKR in a bid to boost the memory business.
Amazon Expands Counters in the U.S. to Strengthen Deliveries
by Zacks Equity Research
Amazon (AMZN) expands its delivery program, Amazon Counter, to the United States in a bid to meet the growing delivery demand.
Alibaba to Attract Overseas Merchants Via English Portal
by Zacks Equity Research
Alibaba Group Holding (BABA) launches an English-language website for the Tmall Global marketplace in a bid to expand the international brands on its platform
Amazon's New Surveillance Patent to Boost Drone Market Reach
by Zacks Equity Research
Amazon (AMZN) receives patent approval by the United States Patent and Trademark Office to use its delivery drones for surveillance purpose.
Garmin's Fusion Extends IBBI Deal, Boosts Marine Business
by Zacks Equity Research
Garmin's (GRMN) brand Fusion expands deal with IBBI. Per the deal, Garmin will serve as IBBI's exclusive marine electronics supplier through 2024.
Internet Services Industry Outlook: Opportunities Abound In This Undervalued Segment
by Sejuti Banerjea
Valuation remains attractive, with many opportunities in the industry.
Garmin (GRMN) Unveils New Tacx products, Expands Portfolio
by Zacks Equity Research
Garmin's (GRMN) arm, Garmin International announces the availability of new products from Tacx. This move will further expand its fitness portfolio.
Google to Invest EUR 1B to Expand Data Center in Netherlands
by Zacks Equity Research
Alphabet's (GOOGL) division, Google plans to invest EUR 1 billion ($1.1 billion) to expand its data center in the Netherlands.
Is Facebook's Libra Going to Disrupt the Payments Space?
by Sejuti Banerjea
There are many things to be ironed out still with respect to banks and regulators before the currency officially launches in the first half of 2020.
Why Baidu (BIDU) Could Be Positioned for a Slump
by Zacks Equity Research
Baidu (BIDU) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
The Zacks Analyst Blog Highlights: OptimizeRx, Match, OSI and Marchex
by Zacks Equity Research
The Zacks Analyst Blog Highlights: OptimizeRx, Match, OSI and Marchex
5 Tech Stocks Up in May Despite Stock Market Mayhem
by Nalak Das
Wall Street bull run, which continued in the first four months of this year and recorded the best start in 30 years, halted in May.
Facebook Roundup: Regulatory, FTC Fine & More of The Usual
by Sejuti Banerjea
Among the top stories from last week were calls for the split-up of Facebook while it heads for an FTC fine and undergoes a change of heart toward cryptocurrencies.