Despite record-setting COVID-19 infections, American equities rose today. All major indices gained ground during regular trading, while tech stocks did even better. The Nasdaq Composite set new 52-week and all-time… »
In another up for technology shares, software companies saw their values reach new heights today. The days trading comes after a selloff last week eased some of technology companies’ rebounds… »
Earlier this week, TechCrunch covered a grip of earnings reports showing that some companies helping other businesses move to modern software solutions are seeing accelerated growth. Inside the Software as… »
As the pandemic surged and companies moved from offices to working at home, they needed tools to ensure the continuity of their business operations. SaaS companies have always been focused… »
Meituan’s shares hit a record high on Tuesday, bringing its valuation to over $100 billion. The Hong Kong-listed giant, which focuses on food delivery with smaller segments in travel and… »
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This week shares of SaaS and cloud companies reached new… »
Ahead of its earnings report today, shares of Uber rose around 11%, buoyed by a set of financial results and promises about the future from Lyft that were rated highly… »
There’s something to be said for consistency through good times and bad, and one company that has had a staggeringly consistent track record is international data center vendor, Equinix. It… »
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. What a week it’s been. I’m exhausted. Not only are… »
In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the rest of the year, cutting into sales for smartphones and… »
Software as a service companies, modern software firms often referred to by the acronym “SaaS,” had a tough day in the public markets. The basket of companies, as tracked by… »
Taiwan Semiconductor Manufacturing Company (TSMC) beat analyst estimates after reporting its net profit almost doubled in the quarter that ended in March, and said it was hopeful to sustain momentum… »
U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales. However, the declines… »
American equities closed down today, with the major domestic indices all losing ground after a wild trading cycle. After starting the day up sharply higher after strong Monday gains, those… »
Stocks fell in regular trading Friday, as all major American indices fell in the wake of a broadly negative jobs report. With more than 700,000 jobs lost in the March… »
Stocks listed on American exchanges today fell sharply, erasing their Tuesday rebound and adding to their Monday declines. On a day that saw the World Health Organization declare that the… »
The Dow Jones Industrial Average dropped nearly 1200 points today to close at 25,766.64, marking the single worst week for the index since 2011. The Nasdaq stock market fell over 400… »
Hello and welcome back to our regular look at private companies, public markets and the gray space in between. This afternoon we’re digging into Lyft’s earnings results, unpacking the company’s… »
Indian tech startups secured nearly $14 billion in 2019, more than they have raised in any other year. This is a major rebound since 2016, when startups in the nation… »
Hello and welcome to a lightweight series I’m writing while I recapture my footing at TechCrunch. It’s lovely to be back, and I’m excited to chat about what’s going on… »
Uber has disclosed earnings for the second time since becoming a public company, reporting revenues of $3.16 billion on losses of $5.2 billion for the second quarter of 2019. Uber… »
Fitbit continued solid device growth for Q2, up 31%, year over year, representing a 5% bump in revenue. From that angle, the company’s long-term turnaround appears to be on track… »
Spotify added 8 million subscribers in the quarter that ended in June, slightly below the estimated 8.5 million figure, the streaming giant reported today. The top music streamer said it… »
As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand for chips and smartphones. The company said its second-quarter operating… »
As anticipated, Apple’s hardware numbers were a mixed bag during today’s fiscal Q3 earnings report. Apple continues to shift much of its resources to services and content, including a billion-dollar… »
Like Azure last week, AWS reported some slippage in its cloud earnings growth numbers today, dropping from 49% growth last year at this time to 37% this year. Total revenue… »
Microsoft reported in its FY19, Q4 earnings report today that Azure, the company’s infrastructure as a service (IaaS) offering, grew at 64 percent. It may feel like a large number,… »
Workplace messaging powerhouse Slack filed an amended S-1 with the U.S. Securities and Exchange Commission on Friday weeks ahead of a direct listing expected June 20. In the document, Slack… »
Uber’s ride-hailing business is growing more slowly than its newer bets. In Uber’s Q1 2019 earnings, the company reported gross bookings growth of 230% for its other bets, while ridesharing… »
Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kirsten Korosec and Kate Clark… »
Scientists say increasing cases on continent show UK must be cautious in easing restrictions Coronavirus – latest updates See all our coronavirus coverage A rise in coronavirus cases across Europe… »
Exclusive: In leaked emails, Matt Hancock’s adviser says there is ‘urgent need for decisions’ on asymptomatic testing Coronavirus – latest updates See all our coronavirus coverage Senior government officials have… »
