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CNBC:
Yelp reports Q3 revenue of $241M, missing analyst estimates of $245M, and issues weak Q4 guidance; stock down more than 28%   —  - The company reported revenue of $241 million for the quarter, just shy of analyst projections of $245 million.  — “We do not believe there was a single …
Nov 8, 2018, 5:30 PMIn context
Sara Salinas / CNBC:
Apple reports Q4 revenue of $62.9B, vs. $61.57B est., and says it sold 46.89M iPhones, vs. 47.5M est., ASP of $793, vs. $750.78 est., and soft Q1 guidance   —  - Apple locked in a strategy of boosting prices to offset slowing sales during the key September quarter.
Nov 1, 2018, 4:45 PMIn context
Sara Salinas / CNBC:
Snap reports Q3 revenue of $298M, vs. $283M estimated, up 43% YoY, and DAUs of 186M, vs. 186.1M estimated, up 5% YoY but down 1% QoQ; stock down 15 %+   —  - Wall Street was keeping a close eye on active user numbers for Snap's namesake photo-sharing app, Snapchat, as global social media use plateaus.
Oct 25, 2018, 4:35 PMIn context
Sara Salinas / CNBC:
Twilio announces deal to acquire email marketing platform SendGrid for $2B in stock; Twilio's stock drops 4% after hours while SendGrid's stock jumps 14%+   —  Twilio just spent $2 billion to buy SendGrid, a company that helps send mass emails.  —  Here's part of the company's release:
Oct 15, 2018, 4:56 PMIn context
Sara Salinas / CNBC:
Amazon raises minimum wage to $15 per hour for all 350K+ US workers, including part-time, temporary, and seasonal employees, effective next month   —  - The new minimum wage will benefit more than 250,000 Amazon employees — including part-time and temporary employees — the company said.
Oct 2, 2018, 6:35 AMIn context
Sara Salinas / CNBC:
SEC seeks to bar Elon Musk from serving as an officer or director of a publicly traded company if found guilty; Musk calls SEC action unjustified   —  - The SEC complaint alleges that Musk issued “false and misleading” statements and failed to properly notify regulators of material company events.
Sep 27, 2018, 6:00 PMIn context
Sara Salinas / CNBC:
SurveyMonkey closes up 43% in its first day of trading after raising $180M in its IPO   —  - The stock — under the company's formal name, SVMK Inc. — trades on the Nasdaq under the ticker symbol “SVMK.”  —  SurveyMonkey soared more than 60 percent in its stock market debut Wednesday, after opening at $18.75 per share.
Sep 26, 2018, 11:45 AMIn context
Sara Salinas / CNBC:
Social Capital CEO Chamath Palihapitiya appears unconcerned about the string of exits from the firm and says it will no longer raise outside capital   —  - Chamath Palihapitiya told his employees he would be diverting much of the “carry” — the portion of investment returns traditionally given …
Sep 21, 2018, 2:05 AMIn context
Sara Salinas / CNBC:
Online ticketing company Eventbrite closes up 59% on its first day of trading after raising $230M in its IPO at a $1.76B valuation   —  - With its first-day gains, Eventbrite's IPO is one of the biggest opening-day pops in recent months.  —  Online ticketing company Eventbrite soared …
Sep 20, 2018, 5:20 PMIn context
Sara Salinas / CNBC:
In a letter, the FCC has told Sprint and T-Mobile that it needs more time to review their proposed merger   —  - The agency has paused an “informal” 180-day transaction clock “to allow for thorough staff and third-party review” of recently submitted materials.
Sep 11, 2018, 4:55 PMIn context

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