Andrew Boone

Upstart Holdings Inc (NASDAQ: UPST) reported total revenue of $228 million for the second quarter, up 18% year-on-year. The company’s results were broadly in-line with its preannouncement in July. Piper Sandler On Upstart Holdings Analyst Arvind Ramnani maintained a Neutral rating, while...

Analysts are sizing up Wednesday's second-quarter earnings report from Meta Platforms that cited weaker advertising spending and several macro headwinds for the social media platform. Could growth of Reels be enough to offset revenue declines?  The Meta Platforms Analysts: RBC...

Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion. The company’s profits fell to $16 billion, or $1.21 per share, below the consensus estimate of $1.29 per share....

Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers. On Thursday, Snap reported a second-quarter adjusted EPS loss of 2 cents, missing analyst estimates of a 1-cent loss. Snap's $1.11 billion in revenue for the...

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter. In a note to employees on Monday afternoon, Spiegel said Snap will also be slowing its hiring as it looks to cut costs...

Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off. Here is what analysts are saying about the quarterly report. The Peloton Analysts: Bank of America...

Upstart Holdings Inc (NASDAQ: UPST) reported better-than-expected first-quarter results on Monday after the bell. However, shares of the AI consumer lending company tumbled more than 40% as management slashed the 2022 revenue forecast to $1.25 billion. Piper Sandler On Upstart Holdings: Analyst...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded lower by 3% on Wednesday after the tech giant reported an earnings miss and disappointed the market with its YouTube numbers. On Tuesday, Alphabet reported first-quarter adjusted EPS of $24.62 on revenue of $68.01 billion. Both numbers fell...

Zillow Group Inc (NASDAQ: Z) shares plunged 24.5% on Wednesday after the company reported an unexpected third-quarter loss and said it will be winding down its homebuying business. Zillow reported a third-quarter adjusted EPS loss of 95 cents on revenue of $1.74 billion. Both numbers missed...

Amazon.com, Inc. (NASDAQ: AMZN) shares dropped 2.9% on Friday after the company reported an ugly earnings miss and disappointing guidance. Amazon reported third-quarter adjusted EPS of $6.12 on revenue of $110.8 billion. Both numbers missed consensus analyst estimates of $8.92 and $111.6 billion,...

TrueCar Inc (NASDAQ: TRUE) recent performance was impacted by the termination of its 13-year partnership with the USAA, which services U.S. military members and veterans.  The company’s third-quarter results likely reflect the worst of the impact of the USAA loss, according to JMP...

Shares of Expedia Group Inc (NASDAQ: EXPE) gained more than 5% Friday after the online travel agency executed a series of corporate moves, including raising new capital. The stock saw an upgrade by JMP Securities from Market Perform to Market Outperform with a $92 price target on the expectation...

Undeterred by light DAU net additions and below-consensus first-quarter revenues reported by Snap Inc (NYSE: SNAP), JMP Securities maintains its Outperform rating on the shares of the company, with a $28 price target. User Engagement Encourages Analysts Ronald Josey, Andrew Boone and Shweta...

JMP Securities reaffirmed its Market Outperform rating on MeetMe Inc (NASDAQ: MEET) on in-line fourth-quarter results and the firm's upbeat opinion on the company’s deal to buy if(we) for $60 million. If(we) owns Tagged and hi5 apps designed to facilitate meeting new people and chatting, with...

JMP Securities upgraded shares of TrueCar Inc (NASDAQ: TRUE) to Outperform from Market Perform based on five reasons. The firm said numerous aspects of the company's business are improving, although each are still in their infancy, leading the analyst to expect consistent outperformance in...