|Bid||9.09 x 4000|
|Ask||9.14 x 4000|
|Day's Range||8.98 - 9.39|
|52 Week Range||8.72 - 30.05|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||7.29|
|Earnings Date||Aug 02, 2023 - Aug 07, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.95|
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With just a week to go until his high school exams and feeling uninspired by his textbooks, 17-year-old Australian Justin earlier this year took matters into his own hands. With a simple set of instructions, he asked ChatGPT-4 to teach him the concepts he needed to know, creating his own private tutor. The strategy worked so well that after his exams finished Justin developed more advanced prompts, and uploaded them to coding website GitHub under the moniker “Mr. Ranedeer, AI tutor”.
The Russell 1000 index of large companies has gained 9.2% this year, beating the 0.7% advance of the small cap concentrated Russell 2000. The gains in the large-cap index have been driven largely by a handful of big technology stocks.
Mediterranean restaurant chain Cava has filed to go public later this year. Will investors be as satisfied as Cava's customers?
(Bloomberg) -- Global investors at the world’s largest venture capital firms including Accel and Sequoia Capital India are asking their portfolio companies the same question: How vulnerable are you to artificial intelligence?Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesTwitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity SaysMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatPutin Orders Tighter Defenses After Drone Str
(Bloomberg) -- Nvidia Corp.’s blowout sales forecast puts a fresh emphasis on the latest game in town: identifying artificial intelligence losers.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before BustJPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsW
In this article, we are going to discuss 30 colleges with the highest acceptance rates. You can skip our detailed analysis of the rise of EdTech, the problems that it incurred and ChatGPT and go directly to 10 Colleges With the Highest Acceptance Rates. As reaffirmed by the Universal Declaration of Human Rights, education is […]
Artificial intelligence has become one of the hottest stories of the decade, creating big opportunities for AI stocks. In fact, ever since the release of the AI chatbot ChatGPT, interest in the AI story has only gotten hotter, with top tech companies racing for a bigger piece of the AI pie. What makes the story even more attractive is Statista’s estimates the AI market could grow nearly 20-fold to $2 trillion by 2030. In short, it’s a transformational opportunity that could add billions to the b
Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, its Investor Class fund ARTSX returned 7.60%, Advisor Class fund APDSX posted a return of 7.63%, and Institutional Class fund APHSX returned 7.62%, compared to a […]
As inflation remains stubborn, interest rates squeeze the economy and the financial sector embroils in turmoil, most investors have become bearish. However, the saying “Be greedy while others are fearful” could be applicable here. Here are three growth stocks analysts love, to best capitalize on this opportunity for the long-term. Chegg (CHGG) Source: Casimiro PT / Shutterstock.com During the Covid-19 pandemic, many students had to rely on educational technology (EdTech) platforms like Chegg (NY
Dutch Bros, Chegg, Impinj and AngioDynamics are part of the Zacks Screen of the Week article.
The basic understanding of toxic stocks can help investors avoid huge losses and derive maximum benefit from their portfolios. Some toxic stocks that investors may consider dumping are BROS, CHGG, PI and ANGO.
In this article, we take a look at the 30 colleges with the lowest acceptance rates. For more on this, go to 10 Colleges With the Lowest Acceptance Rates. With the advent of Covid-19 back in 2020, the world fell into a lockdown and life came to a halt. Aside from the millions of lives lost, […]
Artificial intelligence (AI) is already changing the game for companies. Learning platform Chegg (NYSE: CHGG) spooked investors when it acknowledged that a recent surge in students pursuing ChatGPT had begun hurting its business. Is Chegg facing an existential threat, or is this a near-term scare and buying opportunity for the long-term investor?
Is the gig-economy specialist poised for a rebound, or does a new threat have it on track to go bust?
As anyone who regularly reads my columns knows, I’m generally optimistic about the outlooks of the U.S. economy and American stocks. And I think that investors are greatly undervaluing many growth stocks, particularly in the renewable energy, electric vehicle, and biotech spaces. Further, the valuations of most growth stocks have tumbled a great deal since 2020. Nonetheless, I still believe that some growth stocks are facing major challenges, while there are still many overvalued growth stocks t
Chegg stock is down over 60% from its 52-week high, and generative AI may be another headwind for investors.
There are good reasons for that, as SNDL and Chegg face some uncertainty that should make most investors stay a safe distance away from both, at least for now. Canadian cannabis companies have faced severe headwinds over the past couple of years. SNDL has somewhat managed to avoid these issues by diversifying away from its cannabis operations and getting into the liquor retail business.
TAL Education Group (NYSE: TAL) wasn't in a good position to instruct companies on how to boost their stock price this week. The Chinese for-profit learning company's American Depositary Shares (ADSes) moved up only marginally across the five trading days, crawling less than 1% higher according to data compiled by S&P Global Market Intelligence.
This week was not kind to education stocks. The company's share price sank by almost 12% over the course of the five trading days, according to data compiled by S&P Global Market Intelligence, but it wasn't its own fault. Although Chegg saw little impact from ChatGPT at the start of 2023, the situation seems to be rapidly changing.
Shares of UiPath (NYSE: PATH), Shutterstock (NYSE: SSTK), and Duolingo (NASDAQ: DUOL) have seen big losses in this week's trading amid concerns that artificial intelligence (AI) will disrupt their businesses. Online education services company Chegg published its first-quarter results on Monday, and while the company's sales and earnings for the period were better than anticipated, CEO Dan Rosensweig stated that OpenAI's ChatGPT was now hindering the business's customer growth. The warning from the executive triggered wide-ranging sell-offs for companies that could feasibly see negative impacts from disruptive AI technologies.
Unfortunately for some shareholders, the Chegg, Inc. ( NYSE:CHGG ) share price has dived 42% in the last thirty days...
Since the release of ChatGPT last year, companies and workers have been scrambling to understand how generative AI could impact the job market. On Monday, IBM (ticker: IBM) CEO Arvind Krishna said the company will pause hiring for roles that could be replaced by AI in the coming years. Back-office functions, such as human resources, will be hit first.
Shares of Fiverr International (NYSE: FVRR), Upwork (NASDAQ: UPWK), and Wix.com (NASDAQ: WIX) all fell today for the second day in a row as investors continued to respond to the threat from ChatGPT. Yesterday, shares of education stock Chegg (NYSE: CHGG) crashed by nearly 50% after it said that new customer growth had slowed due to competition from OpenAI's chatbot. While Chegg actually recouped some of its losses from yesterday, the three tech platforms above all fell again with Fiverr losing 9.7%, Upwork giving up 7.5%, and Wix closing down 10.8%.
Customers of this business could instead use ChatGPT and get arguably better results for free, compared to paying roughly $15 per month for its services. Fool.com contributor and Finance professor Parkev Tatevosian warned investors months ago to avoid this stock, which is now down over 40% since the company reported earnings.
On Tuesday, an earnings beat from educational software company Chegg (Nasdaq: CHGG) the previous evening somehow managed to spark a sell-off across the educational stocks sector, sending language learning company Duolingo (Nasdaq: DUOL) down 10%, costing Chegg rival Pearson (NYSE: PSO) nearly 15% of its market capitalization, and crashing Chegg itself for a 48.5% loss. Chegg warned investors of the impact ChatGPT was having on its business. After Bank of America called the damage to Pearson stock in particular "overly harsh," that stock had gained 11% by 2 p.m. Wednesday, while Chegg was chugging 13% higher.