US productivity declined an annualized 0.5% in the second quarter, the third straight quarterly decrease, and 0.4% during the previous 12 months, the first full-year drop since 2013. Limited corporate investment in technology is behind […]
Given how strong of an earnings reporting Yelp (NYSE:YELP) released on Tuesday night, it’s no surprise to see its stock climbing higher on Wednesday, up almost 13%. The company beat on earnings per share and […]
From Seeking Alpha LendingClub (NYSE:LC) is certainly in the littered field of disastrous public debuts. Shares are down 80% since late-December 2014 and more than 50% this year alone. The company originally priced its IPO […]
Twilio is a cloud communications company based in San Francisco, California. Twilio allows software developers to programmatically make and receive phone calls and send and receive text messages using its web service APIs. Twilio (NYSE:TWLO) […]
Seeking Alpha’s news team did a great job with the summary, as written below: It says it expects to spend about $520M during 2016; in the six months ended June 30, it says it used […]
Indonesia’s economy grew a faster-than-expected 5.18% in the second quarter from a year earlier, thanks to higher commodity prices and stronger consumption. Household spending, which accounts for more than half of GDP, rose 5.04% on […]
HSBC posted a sharp 29% drop in first-half profit from a year before, citing a decline in activity, “spikes of uncertainty” associated with China’s slowing economy and questions arising from Brexit. The bank plans a […]
Fitbit (NYSE:FIT) topped earnings per share and revenue expectations for the current quarter. Revenues climbed some 46% from the same quarter in the prior year, but gross margin slipped 500 basis points to 41.8%. According […]
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