Box launched in 2005 out of a dorm room. This week, after 17 years in business, the SaaS company reached a $1 billion run rate.
Commercial electric vehicle company Canoo entered into an agreement to acquire a vehicle manufacturing facility in Oklahoma City, the company announced Wednesday along with its third-quarter earnings.
Cloudflare announced a $1 billion run rate and a five-year goal of $5 billion, but Wall Street still treated it shabbily the following day.
Sometimes earnings leave you wondering how good is good enough. Take, for example, Apple’s Q4, which finds the iPhone maker beating Wall Street expectations overall but still seeing an extended trad
Amazon suffered steep losses in year-over-year income as post-pandemic shopping habits and inflation threw the retailer for a loop. In its third quarter 2022 earnings report today, Amazon revealed tha
On today’s quarterly earnings call, Meta founder and CEO Mark Zuckerberg was on the defensive when it comes to the company’s investment in the metaverse. Once again, the company lost more
Given the ever-changing state of the world's economy this year, the information that Big Tech earnings provide is even more important than usual.
Snap reported its third-quarter earnings Thursday, the first social media company to offer a financial update amid ongoing economic tumult this quarter. The company, which has seen its stock price plu
Tesla reported Wednesday revenue of $21.45 billion in the third quarter, another record-setting period that still missed analysts expectations. Shares fell 3.5% in after-hours trading following the ea
Netflix had a pretty great third quarter. But we are more interested in how the markets reacted: with a virtual clap.
Ford said Monday that supplier costs will be $1 billion higher in the third quarter than expected due to rising inflation and persistent supply chain problems. Ford also disclosed that supply shortage
Helbiz started out as a shared micromobility company but has since expanded to include ghost kitchens, media streaming and, most recently, a taxi service. The company reported its second-quarter earn
Shared micromobility company Bird has had a tumultuous second quarter. The company announced plans to dismantle its retail business, shut down operations in unprofitable markets, had a corporate shake
Disney is arguably doing a few things faster or better than Netflix. But the House of Mouse is also bracing for changes that will affect the entire streaming sector and justify some broader caution.
Rivian is holding on tight to its goal of delivering 25,000 electric vehicles by year’s end, but to get there it now anticipates to burn an extra $700 million. The automaker tucked the revised g
While Coinbase is clear that it believes it is not in material danger due to the regulatory scrutiny, as a public company, it has to talk about what could go wrong. Let's discuss.
The Walt Disney Company reported on Wednesday that total Disney+ subscriptions rose to 152.1 million during the company’s third quarter, posting better-than-expected results. The streaming servi
We can infer from the data that not only are SaaS multiples recovering, but double-digit revenue multiples are back, baby!
Coinbase is having to defend its model to investors who may have bought into its stock when it was trading much higher. And per its own notes, the bad times are not about to end any time soon.
Investors shrug, implying the bad news was priced-in