Sopa Images | Lightrocket | Getty Images Pinterest shares surged as much as 20% after the social media company reported fourth-quarter earnings Thursday that beat on revenue. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Revenue: $1.15 billion vs. $1.14 billion expected Fourth-quarter EBITDA: $470.9 million adjusted vs. $444.8 million expected...
Tag: social media
Uber (UBER) Q4 earnings 2024
Uber shares fell around 7% in premarket trading Wednesday after the ride-sharing company reported fourth-quarter results that beat analysts’ expectations for revenue but offered soft guidance. Here’s how the company did: Earnings per share: $3.21. That does not compare with the 50 cents expected by LSEG. Revenue: $11.96 billion vs. $11.77 billion expected by LSEG. Uber’s revenue...
6-Figure Side Hustle Fills ‘Glaring’ Gap for Coffee-Drinkers
This Side Hustle Spotlight Q&A features Ryan Schneider of Costa Mesa, California. Schneider and Jeremy Moss are co-founders of drinkware brand Created Co and syrup brand Proper Syrup. Responses have been edited for length and clarity. Image Credit: Courtesy of Proper Syrup. Co-founders Ryan Schneider, left, and Jeremy Moss, right. What was your day job...
Apple’s gross margin hits record as services business keeps growing
Omar Marques | Lightrocket | Getty Images Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business. In its fiscal first-quarter earnings report on Thursday, Apple reported a gross margin — the profit left after accounting for the cost of...
Twilio shares pop 20%, biggest gain since 2020 on growth forecast
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared 20% on Friday, their biggest gain since the early days of the Covid pandemic, after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The stock jumped to $136.23 at...
Meta Developing AI Engineers to Write Code Instead of Humans
What is the big AI announcement happening this month? OpenAI is reportedly set to announce an AI breakthrough in the coming weeks—AI that can do Ph.D.-level tasks, potentially replacing complex human work, Axios reported on Sunday. CEO Sam Altman has scheduled a closed-door briefing with the U.S. government in Washington D.C. on January 30, according...
28-Year-Old’s Side Hustle Made $10k in Month One: ‘A Dream’
This Side Hustle Spotlight Q&A features Gia Mezz, 28, who is based in Los Angeles. Mezz taught herself graphic design and started fashion brand LEAU as a side hustle. Now a full-fledged business, LEAU boasts nearly $10 million in lifetime sales. Responses have been edited for length and clarity. Image Credit: Courtesy of LEAU What...
Entrepreneurs Use Social Media All Wrong. Instead of Creating Content, Treat Your Profile Like A Sales Page
Opinions expressed by Entrepreneur contributors are their own. For every 18-year-old on social media who thinks they need a big following just to make a few sales, there are 100 silent business owners quietly earning more. “The information economy,” according to journalist Oliver Burkeman, “is essentially a giant machine for persuading you to make the...
Meta Replacing Fact Checking With Community Notes Like X
Meta is copying X’s Community Notes model, where users fact-check posts, in an effort to promote free expression. Meta announced Tuesday that it is ending its eight-year independent fact-checking program for Facebook, Instagram, and Threads and moving instead to a Community Notes program written and rated by volunteers. Community Notes asks users to flag posts...
24-Year-Old’s Creative Side Hustle Sees Over $1M in Sales
This Side Hustle Spotlight Q&A features content creator and actor Alyssa McKay, 24. McKay co-founded Beyond Lost, a streetwear brand offering sweat sets with unique embroidery and rhinestone designs, in December 2021 and has since grown the business beyond $1 million in sales. Responses have been edited for length and clarity. Image Credit: Courtesy of...