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Earnings

Microsoft stock rises as tech giant posts $29B in revenue powered by cloud, gaming growth

Following a record year, Microsoft started its 2019 fiscal year off strong, cruising past Wall Street expectations. The tech giant… Read More

Microsoft’s commercial cloud revenue jumped 47 percent in its fiscal Q1, but Azure growth slows

Microsoft’s transformation into a cloud computing company continued apace in during its first fiscal quarter, which saw a 47 percent… Read More

Amid signs of a sagging stock market, can Microsoft and Amazon earnings turn the tide?

After years of gains, the stock market is starting to show signs of a broader slowdown, at least in the… Read More

Impinj stock soars as connected chip maker clears audit investigation that delayed earnings results

Impinj reported its quarterly earnings today — about a month later than it was supposed to due to an audit… Read More

Smartsheet reports $42M in revenue, up 59% over last year as stock continues to rise

Smartsheet’s stock been on the rise all summer, and another strong earnings report should bolster that number. The Bellevue, Wash.… Read More

Amazon bump? Target reports record online sales during its Prime Day rival event

Target had its best non-holiday digital sales day ever in July, and the retailer might have its rival Amazon to… Read More

Impinj misses earnings deadline amid an audit investigation and Nasdaq responds with ‘notice of deficiency’

Nasdaq has hit Impinj with a “notice of deficiency” for failing to report its quarterly earnings on time, after the… Read More

Redfin CEO warns of slowing national real estate market, as frustrated buyers are sitting out

Redfin CEO Glenn Kelman has been known for making some strong statements about the housing market, and last week he… Read More

Zillow acquires Mortgage Lenders of America, posts $325M in Q2 revenue, up 22%

Zillow Group is acquiring Mortgage Lenders of America in its quest to own more of the home buying process. The… Read More

TLDR: Facebook discovers political influence campaign, Seattle clinic for families affected by gentrification, Apple beats revenue expectations

Today’s featured stories Facebook discovers coordinated political influence campaign ahead of midterm elections Seattle Children’s opens new community clinic to… Read More

Apple beats earnings expectations with $53.3B in revenue, stock up 3%

Amid the flurry of tech stocks plummeting as companies like Facebook, Twitter, and Netflix miss earnings expectations, Apple is staying… Read More

Profits soar for Nintendo and Sony despite slight console sales slowdown

Sony and Nintendo both reported their quarterly financials Tuesday, and the gaming giants brought in sizable profits despite a slight… Read More

Twitter reports drop in active users as it purges fake accounts — spooking investors despite strong financials

Twitter reported record profits and exceeded expectations for revenue in the second quarter, but a drop in user count due… Read More

Starbucks adds 6 million ‘digitally registered customers’ since March with new tech strategy

Starbucks added 6 million “digitally-registered customers” since it rolled out a new strategy in March to bolster 1-to-1 marketing outreach… Read More

Amazon hiring slows in favor of internal reshuffling as headcount hits 575K

Amazon’s headcount jumped to 575,700 people worldwide in the second quarter, but that figure isn’t rising as fast as it… Read More

Expedia beats earnings expectations with $2.88 billion in revenue, sending stock soaring 10%

Expedia Group posted $2.88 billion in revenue across all of its brands, up 11 percent year-over-year and meeting analyst expectations for… Read More

Amazon’s record quarter: $2.5B in profits is biggest ever as tech giant comes up just short on sales

Amazon came up a hair short on revenue expectations in the second quarter, but posted record profits, doubling Wall Street’s… Read More

F5 Networks bests Wall Street expectations, posting $542M in revenue amid cloud shift

F5 Networks beat Wall Street expectations for its third quarter as the company continues to transition its business to focus… Read More

Facebook shares sink 8% as Q2 revenue and user growth miss analyst estimates

Update: Facebook lost around $120 billion in market value on Thursday following its disappointing earnings. Facebook missed quarterly revenue expectations… Read More

Microsoft closes record year with $110B in revenue, cruising past Wall Street expectations again

PREVIOUSLY: Microsoft caps off a historic fiscal year filled with firsts Microsoft finished off a record fiscal year by hitting all-time… Read More

Satya Nadella

Microsoft earnings preview: Tech giant caps off a historic fiscal year filled with firsts

Microsoft will close out a record-setting fiscal year for the company today, reporting earnings for its fourth quarter. RELATED: Microsoft posts… Read More

DocuSign stock spikes as digital signature giant shines in first quarter as a public company

DocuSign crushed Wall Street expectations in its first quarter as a public company, continuing a strong post-IPO run for the… Read More

Smartsheet posts first quarterly earnings since IPO, revenue up 63% but losses swell to $14.3M

Smartsheet on Monday posted its first quarterly earnings report since going public in April as the cloud-based work management company… Read More

Redfin posts $79M in revenue, attributes market share gain to expansion of lower seller fees

Redfin is continuing to experiment with new ways to get sellers to list homes on its site, and the tech-powered… Read More

Spencer Rascoff

Zillow Group posts $299M in Q1 revenue, creates reporting segment for new home-buying business

Zillow Group will create a new financial reporting segment to reflect its new business of buying and selling homes. The… Read More

Tableau stock soars powered by ongoing switch to subscription products

Tableau Software’s migration to subscription offerings for its data visualization software continues to be ahead of schedule, as the company… Read More

T-Mobile CEO John Legere ‘extremely confident’ in Sprint merger approval as ‘Un-carrier’ grows to 74M customers

T-Mobile released its latest earnings report Tuesday, but some investors were more interested in getting further details about its proposed… Read More

Apple sells 52.2M iPhones, beats earnings expectations with $61B in revenue, shares up 4%

Shares of Apple were up nearly 4 percent Tuesday after the company beat earnings expectations and met iPhone sales estimates… Read More

Starbucks meets expectations with $6B in quarterly revenue, shares down slightly

Shares of Starbucks fell slightly in after-hours trading after the company posted its quarterly financial results on Thursday. The Seattle… Read More

LinkedIn among Microsoft’s fastest growing businesses as $26B investment begins to pay off

LinkedIn was a stand out of Microsoft’s latest earnings report, as the business social network saw a 37 percent jump… Read More

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