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Earnings

Intel’s Data Center Group takes advantage of booming cloud business in Q1

With revenue, profits, and capital expenditures up for all of the Big Three cloud computing companies during the first quarter… Read More

Expedia beats first quarter estimates with $2.5B in revenue, shares up 10%

Expedia Group generated $2.5 billion in revenue in the first quarter across all of its brands, and $27.2 billion in… Read More

Satya Nadella

Microsoft revenue climbs 16% to $26.8B, beating expectations, thanks to cloud growth

Microsoft exceeded Wall Street expectations again in the most recent quarter, buoyed by its cloud division. Microsoft reported earnings per… Read More

Amazon posts $51B in Q1 revenue, crushes profit expectations, shares up 6%

Amazon crushed Wall Street expectations for its first quarter earnings report Thursday, posting earnings per share of $3.27 on revenue… Read More

AWS grows 49 percent in Q1 2018 to hit $5.4B in revenue

Amazon Web Services is setting the pace for the cloud computing market once again, growing 49 percent in its first… Read More

Facebook beats expectations with $11.9B in Q1 revenue despite recent scandals

Despite the recent scandals plaguing the social media giant, Facebook beat expectations for its first quarter earnings report with $11.97 billion in… Read More

Alphabet beats earnings expectations with $31.2B in revenue

News brief: Google-parent Alphabet beat Wall Street expectations for its first quarter earnings report, posting $31.2 billion in revenue ($30.4… Read More

Netflix adds another 7.4M subscribers, posts $3.7B in revenue as shares rise 6%

News Brief: Netflix exceeded Wall Street’s expectations for its first quarter, adding another 7.4 million subscribers (2 million in the… Read More

Deals site Zulily hits $1.6B in revenue, 5.8M customers, 2 years after acquisition by QVC’s parent

Zulily finished 2017 with a record number of active customers as the online retailer continues to navigate a time of… Read More

VMware beats Wall Street expectations as reverse merger with Dell Technologies looms

In what might be one of its last quarters as an independent public company, VMware gave investors something to smile… Read More

Marc Benioff Salesforce

Salesforce tops analyst estimates on record Q4 revenue, raises guidance for the coming year

The market for Salesforce’s cloud-based sales and marketing tools continues to be hot, as the company posted records for fourth-quarter… Read More

Redfin brought in $370M in 2017 revenue, stock stumbles despite beating Wall Street expectations

Redfin brought in $370 million in revenue in 2017, an increase of 38 percent over the prior year, while cutting… Read More

Impinj Q4 revenue comes in even lower than expected, stock drops another 11 percent

Seattle-based RFID technology company Impinj, which warned two weeks ago that its fourth quarter revenue would be lower than anticipated,… Read More

Zillow Group hits $1B annual revenue milestone for the 1st time following record quarterly results

Zillow Group topped $1 billion in revenue for the first time in 2017, and the Seattle-based real estate data company… Read More

Twitter

Twitter stock soars 25% after company reports first-ever profit

Shares of Twitter were up 25 percent after the company posted its first-ever profit for the fourth quarter of 2017.… Read More

Snap stock soars as Snapchat parent notches 1st earnings beat as a public company

Snapchat parent company Snap beat Wall Street expectations for the first time in its fourth quarter as a public company. Shares in… Read More

iPhone sales drop over holiday season as Apple exceeds earnings expectations

Apple reported record earnings and revenue in the most recent quarter, but iPhone sales slumped over the holiday season. Apple… Read More

Tableau stock jumps 10% as new subscription strategy helps it beat 2017 earnings expectations

Tableau, the Seattle-based maker of data visualization software, narrowly beat its 2017 earnings expectations Thursday, giving its stock a 10… Read More

Amazon

Amazon now employs 566,000 people worldwide — a 66 percent jump from a year ago

The number of people working for Amazon continues to go way, way up as the Seattle-based tech giant reached 566,000… Read More

Amazon profits soar to $1.9B in key holiday quarter, eclipsing Wall Street’s expectations

Amazon told the world last holiday season was its biggest yet, and the retail giant wasn’t messing around. Amazon posted… Read More

Mark Zuckerberg

Number of daily Facebook users drops for first time in N. America as Zuckerberg calls 2017 a hard year

Lingering bad feelings toward Facebook’s response to Russian-linked accounts spreading “fake news” during the 2016 U.S. presidential campaign could be… Read More

Microsoft revenue climbs to $28.9B, besting Wall Street expectations once again

Microsoft topped Wall Street expectations again in the second quarter of its fiscal year, as the cloud continues to drive… Read More

Microsoft’s skyrocketing stock closing in on $100/share thanks to cloud emphasis

In October 2016, Microsoft stock hit a then all-time high of $59.66, eclipsing a milestone set 17 years prior. Fifteen… Read More

Starbucks holiday cup

Starbucks posts $6.1B in Q1 revenue; mobile order-ahead usage grows slightly to 11% of U.S. transactions

Shares of Starbucks dipped in after-hours trading after the Seattle coffee giant beat earnings estimates and just missed on revenue… Read More

Funko acquires A Large Evil Corporation for $4M, shares rise 5% after first earnings report

Shares of Funko Inc. rose more than 5 percent this afternoon after the Everett, Wash.-based maker of the Pop! figurines… Read More

Salesforce tops estimates on revenue, earnings, names Bret Taylor chief product officer

Salesforce continues to post strong revenue growth on its quest to put its marketing technology in the hands of every… Read More

Redfin stock down as tech-powered real estate brokerage falls short of expectations in second quarter as public company

Redfin nearly doubled profits over this time last year and revenue is up 35 percent, but the tech-powered real estate… Read More

Zillow Group on track for first $1B year, reporting record $281.8M in revenue and all-time traffic high of 187M unique visitors

Zillow Group reported record revenue and profits in the third quarter as the real estate company remains on track for… Read More

Tableau subscriptions growing faster than expected, but stock drops following earnings miss

Tableau Software stock is down Thursday after the company fell short of Wall Street expectations for profits and revenue. The… Read More

Starbucks misses revenue expectations as mobile order-ahead accounts for 10% of U.S. transactions

Shares of Starbucks were down 6 percent Thursday after the coffee giant missed on earnings expectations for its fourth quarter.… Read More

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