|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||43.76 - 44.93|
|52 Week Range||27.46 - 48.40|
|PE Ratio (TTM)||25.41|
|Earnings Date||Aug 1, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.30|
Yelp Inc. , the company that connects people with great local businesses, today announced that management will present at the Bank of America Merrill Lynch 2018 Global Technology Conference on Wednesday, June 6, 2018 at 10:15 a.m.
Yelp Inc. said late Tuesday that it has filed paperwork with the European Union's antitrust agency to reactivate a complaint against Google, which Yelp has long claimed favors its own services in searches versus potential competitors. Yelp senior vice president of public policy Luther Lowe told MarketWatch that the company is seeking to obtain a ruling similar to the one the EU granted over comparison shopping for local searches, referring to the $2.9 billion fine leveled against the Alphabet Inc. -owned Google last year. According to Lowe, 40% of all searching is local, and as a result is critical to Google's business.
Yelp Inc (YELP.N) said on Tuesday it has renewed a European antitrust complaint against Alphabet Inc's (GOOGL.O) Google, seeking to gain traction on a longstanding accusation that the search giant unfairly promotes its own services in results. A similar complaint Yelp filed in 2014 has not led the European Union to issue a formal charge against Google, nor have letters and testimony to U.S. regulators led to charges. Google, which is appealing a $2.9-billion (£2.15 billion) fine in that case, declined to comment.
Yelp Inc said on Tuesday it has renewed a European antitrust complaint against Alphabet Inc's Google, seeking to gain traction on a longstanding accusation that the search giant unfairly promotes its own services in results. A similar complaint Yelp filed in 2014 has not led the European Union to issue a formal charge against Google, nor have letters and testimony to U.S. regulators led to charges. Google, which is appealing a $2.9-billion fine in that case, declined to comment.
LONDON, UK / ACCESSWIRE / May 22, 2018 / If you want a free Stock Review on WB sign up now at www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on Weibo Corp. (NASDAQ: WB), Yandex N.V. (NASDAQ: YNDX), Yelp Inc. (NYSE: YELP), and Zillow Group Inc. (NASDAQ: ZG).
Yelp has filed a complaint with the EU’s antitrust watchdog against Google, arguing that the search company has abused its dominance in local search and pressuring Brussels to launch new charges against the tech giant. Google denied wrongdoing and has appealed that decision. , which provides user ratings, reviews and other information about local businesses, wants Margrethe Vestager, the EU Competition Commissioner, to take action against Google for similar alleged abuse in the local search market, according to a copy of the complaint seen by the Financial Times.
Yelp Inc (NYSE:YELP) delivered an ROE of 14.16% over the past 12 months, which is an impressive feat relative to its industry average of 12.85% during the same period. WhileRead More...
Hedge-fund D.E. Shaw & Co. LP late Monday revealed a 5.1% stake in online-review site Yelp Inc. . A Securities and Exchange Commission filing showed that D.E. Shaw has accumulated 4.1 million shares, in ...
If you’re looking for a winner this week, the energy sector is the top performer, up 2.7%. Let’s take a look at some of today’s winners and losers. Stocks in the red include Campbell Soup, as the stock plummets with news that the CEO is retiring.
Yelp Inc. shares rose 1.7% in early trade Friday, after B. Riley FBR analysts upgraded the stock to buy from neutral and said it expects the company has a " significant opportunity to consolidate its engagement in the restaurant vertical and benefit from accelerating growth in the home services vertical." Analysts Sameet Sinha and Lee Krowl also raised their stock price target to $58 from $42, or 21% above its current trading level. Growth will be driven by new and flexible ad formats, a bigger ad sale team, flexible contract terms and the Request-A-Quote product, which the analysts are expecting could go from 1% of revenue in 2017 to 6% by 2020, growing at a compound annual growth rate of 100%, they wrote.
A video of the lawyer berating employees for speaking Spanish went viral Wednesday. One-star reviews quickly found his Yelp listing.
Amazon (AMZN) has stopped buying a popular but expensive type of Google advertisement, according to a Bloomberg report. Amazon had been bidding for the so-called product listing ads that appear at the top of Google search results since 2016, but it suddenly retreated in late April this year.
Amazon (AMZN) stock has gained 11.9% in the last month, 66.6% in the last 12 months, and 0.09% in the last five days. In the last trading session, Amazon (AMZN) was trading 10.5% below its 100-day moving average, while peers eBay (EBAY) and Yelp (YELP) were trading 4.2% and 4.8% above their 100-day moving averages, respectively, and PayPal (PYPL) Groupon (GRPN) were trading 1.0% and 1.8% below their averages.
Schlossberg was captured yelling at a restaurant's employees because they were speaking Spanish to customers. Yelp told reviewers that it would be cleaning up Schlossberg's page after a deluge of posts from people responding to the news. Aaron Schlossberg, a New York-based lawyer, became internet famous on Wednesday for the worst of reasons: a racist rant that went viral.
New York lawyer Aaron Schlossberg got pummeled on Yelp after his racist rant went viral online.
Although the way Alphabet (GOOGL) has been investing recently suggests that it’s preparing for a future beyond advertising, the company isn’t neglecting its core advertising business. Alphabet is investing in fields such as autonomous driving and cloud computing as it seeks to grow its non-advertising revenue. Currently, over 80% of Alphabet’s revenue comes from its advertising sales, which flow through its Google unit.
Facebook (FB) faced challenges in the final weeks of 1Q18 due to the data-mining scandal involving British company Cambridge Analytica, which resulted in some marketers suspending advertising on Facebook’s platforms. As is the case with Twitter (TWTR), Snap (SNAP), Yelp (YELP), and Google’s parent, Alphabet (GOOGL), advertising contributes over 80% of Facebook’s overall revenue—so advertiser boycotts can weigh heavily on Facebook’s performance.
All signs point to the thesis that Yelp Inc (NYSE:YELP) should’ve been a big winner on Wall Street over the past several years. Digital advertising has continued to grow at a robust rate as dollars migrate from traditional advertising channels to more targeted and data-rich digital advertising channels. Naturally, then, YELP stock should be a big winner, right?
In the aftermath of the fake news issues surrounding the 2016 US presidential election, Facebook (FB) launched a pilot project to vet news stories for accuracy in an effort to curb the spread of false news on the Internet. Facebook has reported its 1Q18 financial results at a time when its efforts to curb the spread of fake news on its platforms and the Internet at large have increased significantly. The company recently launched its news fact-checking program in India, one of the fastest-growing digital markets.
Yelp Inc. (YELP), the company that connects people with great local businesses, today announced the quarterly release of the Yelp Local Economic Outlook, a program to rank U.S. metro areas by the pace of local-business population growth to reveal the health of urban economies around the country. While Yelp is most commonly recognized for our leadership in restaurants, Home & Local services has become the fastest growing and largest category by revenue on our platform. In the first quarter of 2018, Yelpers sent more than 4 million quote requests, and Home & Local businesses increased the amount they spend to advertise on Yelp by approximately 30% compared to one year ago.
Yelp announced its first quarter results on May 10, reporting a 13% increase in net revenues to $223 million. Advertising revenues increased 20% on a y-o-y basis to $214 million, while other revenues combined fell over 50% to $9.2 million. In recent quarters, Yelp has reported steady growth in advertising revenues driven by a corresponding increase in paying advertising accounts.
For several recent quarters, Alphabet (GOOGL) executives have been trying to explain why Google’s traffic acquisition costs are on the rise. This development shows growing investor concern about the high cost of sustaining Alphabet’s revenue growth.
Facebook’s (FB) investment in small businesses via the provision of training to small business owners could increase the company’s exposure to the multibillion-dollar local advertising sector. The US local advertising sector is poised to register its fastest annual growth in five years in 2018, according to BIA/Kelsey. The estimated local advertising budget includes spending on digital and traditional media such as television, radio, and print.
There are more than 8.0 million active advertisers on Facebook’s (FB) main advertising platforms. The flagship Facebook platform boasts more than 6.0 million advertisers and 80 million potential advertisers as shown by business profiles on the platform. Instagram, Facebook’s rival to Snap’s (SNAP) Snapchat, boasts more than 2.0 million active advertisers and more than 25 million potential advertisers. Snap doesn’t disclose the number of Snapchat advertisers, but Snap is believed to have fewer advertisers than Facebook.