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The Latest Breaking News from Brad Erickson

Airbnb Stock Tumbles, Expedia Jumps As Both Travel Firms Post Mixed Q3 Results

Airbnb stock tumbled while Expedia jumped following dueling third quarter earnings reports from the travel stocks Thursday.

Investors Business Daily

Amazon Stock Jumps As Cloud Business Powers Earnings Beat

Amazon stock jumped after reporting its third quarter results late Thursday. Both earnings and revenue beat estimates.

Investors Business Daily

Uber Stock Slides As Tesla Robotaxi Threat Reemerges

Uber stock fell after Elon Musk said Tesla plans to launch a ride-hailing service in California and Texas next year.

Investors Business Daily

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Tesla's Big Robotaxi Reveal Is Almost Here. Why Uber, Lyft Are 'Bracing For Impact.'

Uber stock could be moved by Tesla's robotaxi reveal event Thursday but impact will depend on how much detail Musk provides.

Investors Business Daily

Lyft Stock Nabs Bullish Double-Upgrade On New Growth Targets

Lyft stock won an analyst upgrade after the company published long-term targets for bookings growth and adjusted profits.

Investors Business Daily

TikTok Ban: What Bill Could Mean For Meta, Snap, Amazon And Apple

House lawmakers approved a bill that would either force ByteDance to sell TikTok or ban the short-video app in the U.S.

Investors Business Daily

Lyft And DoorDash Rise On Upgrades. Analyst Says They Should Partner Up.

Lyft stock and DoorDash gained Monday on an upgrade from RBC Capital. Analysts said the two companies should team up.

Investors Business Daily

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Analyst revamps Carvana stock price target after earnings

Here's what could happen next with Carvana's shares.

The Street

Pinterest Wins Another Bull On Wall Street As Amazon Partnership Ramps Up

A growing partnership with Amazon and strengthening advertising business make Pinterest a standout stock for 2024, RBC says.

Investors Business Daily

Amazon Invests $4 Billion In AI Startup Anthropic To Unlock AI Potential

Investment highlights Amazon's commitment to AI, boosts competition with tech rivals and revenue growth

Zenger

Nvidia earnings release could boost 'Magnificent 7' tech stocks

The 'Magnificent 7' -- Apple, Meta, Microsoft, Amazon, Nvidia, Tesla and Google -- have led a surge in the markets throughout 2023. But this elite group has lost more than $600 billion in August alone.

The Street

Match Group Surpasses Expectations With Strong Earnings, Tinder Drives Revenue Growth

Dating app company Match Group reports a 6% increase in direct revenue, boosted by flagship platform Tinder's $475 million gain.

Zenger

Snap Analysts Weigh In On Company’s Ability To Compete With Social Media Giants

Snap Inc faces challenges as analysts assess long-term potential

Zenger

Why Lyft's Quarter-To-Quarter 'Bumpiness' Could Hurt Stock: 7 Analysts Break Down Q3 Earnings

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday.

Benzinga

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Benzinga

4 DoorDash Analysts Break Down A Blockbuster Quarter: Still Bullish, But There's A Few Issues

After posting better-than-expected third-quarter results, DoorDash Inc (NYSE: DASH) received four price target changes from analysts.

Benzinga

Uber Not Seeing Consumer Slowdown, Analyst More Convinced Of Profitability Target After Q3 Earnings

Rideshare and mobility company Uber Technologies Inc (NYSE: UBER) reported revenue growth of 72% in the third quarter.

Benzinga

Airbnb Is 'Solid': 7 Analysts Offer Takeaways On Q3 Print

Although Airbnb Inc (NASDAQ: ABNB) reported upbeat third-quarter results, with revenue of $2.88 billion and earnings of $1.79 per share, analysts slashed price targ

Benzinga

11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline

Alphabet, Inc.

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Benzinga

7 Snap Analysts On Q3 Sales Miss: 'Meaningful Competition From TikTok'

Snap Inc (NYSE: SNAP) shares traded lower by 30% on Friday after the company disappointed Wall Street with its third-quarter numbers.

Investors Business Daily

Labor Department Proposal On Gig Workers Hits These Businesses

Uber stock, as well as Lyft and DoorDash, dropped on a Labor Department proposal that could reclassify millions of gig workers.

Benzinga

Uber Shares Gain As Analysts Cheer Q2 Performance, Free Cash Flow Feats

Uber Technologies, Inc (NYSE: UBER) clocked 105% revenue

Benzinga

Why Pinterest Analysts Are Buying The Story: 'Better-Than-Feared' Q2, New CEO And More

Pinterest reported second-quarter financial results after the close Monday and saw shares jump on the report and guidance that calls for mid-single digit year-over-year growth for the third quarter. Here’s what analysts had to say about earnings and new CEO Bill Ready.

Benzinga

These 7 Analysts Have Very Different Takeaways From Alphabet's Q2 Print

Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion.

Benzinga

8 Snap Analysts React To Q2 Earnings Miss: 'Not Snapping Back Anytime Soon'

Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers.

Benzinga

RBC Capital Slashes Price Targets Of Meta, Alphabet, Pinterest, Amazon - Read Why

RBC Capital analyst Brad Erickson dove in deep with SMB-focused advertising agencies for near-term spending feedback and the ever-evolving competitive landscape across different ad channels.

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