|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's Range||42.01 - 43.45|
|52 Week Range||36.41 - 52.50|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||24.51|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||51.04|
GrubHub (GRUB) has struck a deal to acquire campus food-ordering platform Tapingo. Tapingo’s platform is used by food outlets on more than 150 college campuses, and it reaches more than half a million student diners. Students use Tapingo to place food orders in advance, and food outlets such as on-campus cafes and restaurants use the platform to accept advance orders, thereby saving time for both vendors and diners.
Short interest is low for YELP with fewer than 5% of shares on loan. The net inflows of $1.70 billion over the last one-month into ETFs that hold YELP are not among the highest of the last year and have been slowing.
Netflix but has been growing its Hollywood presence aggressively, poaching top talent from its legacy studio and network rivals. Now a new report says the streaming giant's outsized salaries are roiling Tinseltown.
VMware (VMW) bought start-up firm CloudHealth Technologies in October 2018. The acquisition provides multi-cloud management support to its customers across different cloud platforms like Amazon AWS (AMZN), Microsoft Azure (MSFT), and the Google Cloud (GOOGL) platform. It will help customers reduce costs and boost efficiency through proper cost management and cost analytics across multiple clouds. It also offers compliance and a secure environment for the different public cloud platform.
Short interest is moderate for YELP with between 5 and 10% of shares outstanding currently on loan. The net inflows of $2.45 billion over the last one-month into ETFs that hold YELP are not among the highest of the last year and have been slowing.
Internet services companies Yext Inc (NYSE: YEXT ) and Trade Desk Inc (NASDAQ: TTD ) havbe earned top-notch ratings from D.A. Davidson, notwithstanding the strong year-to-date gains made by both stocks. ...
Brex will use the fresh capital to debut one of the most popular features of a credit card: a rewards program.
Oracle's dual CEOs each receive pay packages of more than $108 million — or 1,205 times more than the typical employee at the Redwood City-based company. Here's how their paychecks compare to that of the median Oracle employee and those of other Silicon Valley CEOs.
Facebook (FB) disclosed on September 28 that an attack on its computer system exposed the personal information of as many as 50 million people who use its flagship social network, which hosts over 2.2 billion accounts. The attack was the worst in Facebook’s 14-year history, and the company’s founder and chief executive, Mark Zuckerberg, described it as a very serious issue. Facebook fell nearly 3.0% the day the company disclosed the data breach, highlighting investor concerns about the potential implication of the breach on the company’s business going forward.
Snap (SNAP) stock gained as much as 5.0% following reports that Instagram founders are leaving the company, apparently because of tensions with parent company Facebook (FB). Instagram is one of Facebook’s digital properties and a huge threat to Snap’s Snapchat. Instagram has more than a billion monthly users and 500 million daily users.
Alphabet’s (GOOGL) Google has decided to lift its ban on some cryptocurrency ads. The search engine giant will now allow some regulated advertisers that are approved by Google to promote crypto businesses and services in the United States and Japan. Reportedly, Google has still banned ads related to ICOs (initial coin offering), wallets, and trading advice.
It appears Groupon (GRPN) and IBM (IBM) are not about to put their guns down anytime soon. After a period of push and pull over patents, a jury in Delaware returned a verdict in July that Groupon infringed on several patents belonging to IBM. Therefore, the jury decided that Groupon should be made to pay at least $82.5 million to IBM in damages.
Alphabet’s (GOOGL) Google, Facebook (FB), Twitter (TWTR), and other tech companies have been facing increasing pressure from lawmakers in the United States and the European Union to curb the spread of fake news and misinformation on their platforms. Russian hackers used these social media platforms to spread misinformation and influence the results of the 2016 US presidential election and the United Kingdom’s Brexit vote, so lawmakers want to ensure that the companies have resolved the problem ahead of the EU elections next spring.
Yelp (YELP) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank.
Social media giant Facebook (FB) topped earnings expectations in its second-quarter results, which it reported on July 25. However, it missed on revenue due to sluggish growth in its number of global daily active users and challenges surrounding its business model. Facebook has cautioned investors about its sluggish revenue growth in the near term. Its revenue growth rate is expected to fall in the high single digits compared to previous years in the third and fourth quarters.
Twenty-nine analysts cover Yelp (YELP), and almost half of them are recommending the stock as a “buy” opportunity, according to Bloomberg’s September 20 report. J.P. Morgan and North Peak Capital are two Wall Street firms that have recently weighed in on Yelp, with bullish views on Yelp in their latest research notes.
The departure is turning heads given the reasons cited: Austin’s food truck scene, lower costs and greater diversity of thought. That could be especially attractive to supporters of President Trump, including Thiel.
Instagram, Facebook’s (FB) photo-sharing app, shook the company recently when its two founders, Kevin Systrom and Mike Krieger, announced on September 24 that they would be stepping down. In 2010, Systrom and Krieger cofounded Instagram, which was acquired by social media giant Facebook in 2012 for $1 billion.
Facebook (FB) has begun rolling out its online dating service to the public, first in the South American country of Colombia. One of the reasons Facebook chose Colombia for the first public launch of the service is that people in the country have been fans of using the Internet to find soul mates, according to Nathan Sharp, the Facebook executive in charge of the dating product.
Alphabet’s (GOOGL) Google recently told its employees that they should not allow their political views to influence their work at the company, according to a staff memo cited by the Wall Street Journal. In the memo, Google CEO Sundar Pichai warned that employees who undermined the company’s efforts to stay neutral politically would be held personally accountable. Maintaining political neutrality is important for Google.
Yelp’s longtime gripes about Google’s practices sound a bit similar to the complaints of bias made by President Trump. The reviews provider has taken note of a draft executive order that the White House is considering.
Twitter (TWTR) has brought back the ability to view tweets in chronological order on its timeline. The chronological timeline will exist alongside the curated timeline, allowing users to switch to the timeline format that meets their needs at will. The return of the chronological timeline was greeted with a generally positive response, suggesting that the change could help Twitter drive more usage of its service and draw new users.
Facebook (FB) is facing accusations that it lets employers show job openings to men only while keeping potential female candidates in the dark. A group of job seekers, backed by labor unions the American Civil Liberties Union and Communications Workers of America, has recently filed formal complaints against the company with the Federal Equal Employment Opportunity Commission accusing it of enabling discrimination in job ads. Facebook’s advertising tools seem to be generating a lot of trouble for it lately.