Zillow Group crushed projections for revenue but posted greater losses than expected amid rapid growth in its new home sales and mortgages segments, in the first quarter of a new… Read More
Redfin quietly launched a new feature that lets homebuyers without an agent make offers on homes directly through its website, bringing back an initiative the company first tried more than… Read More
Redfin’s losses in the first quarter grew faster than revenue, but the tech-powered real estate brokerage met or beat Wall Street expectations on key metrics. Revenue: The company reported $110.1 million… Read More
Shares of Avalara were up as much as 10 percent in after-hours trading Tuesday after the Seattle-based sales tax automation company beat estimates for its first quarter earnings. Avalara posted… Read More
Tableau Software came up short on revenue in the first quarter but posted a surprising profit, as the Seattle data visualization company continues its shift to subscription-based offerings. Tableau’s stock… Read More
Travel booking giant Expedia came up short of revenue estimates for the first quarter of the year, sending the stock down as much as 5 percent in after-hours trading. Revenue:… Read More
For the first time in Amazon’s history, the company’s first-party online retail sales represented less than half of its overall net sales last quarter, even as both measures continued to… Read More
Apple delivered higher-than-expected earnings and revenues for the second quarter, sending the company’s stock up more than 5 percent in after-hours trading. As expected, the company’s services segment posted strong… Read More
Connected chip maker Impinj delighted investors with a stronger than expected earnings report and rosy projections for the next quarter. Its stock shot up as much as 24 percent in… Read More
Amazon forever altered the retail landscape when it introduced the Prime two-day shipping program 14 years ago. The Seattle company has upped the ante again, pledging to make one-day shipping… Read More
Amazon is on a record run of profits, crushing its previous high mark again with $3.6 billion in net income in the first quarter. But it hasn’t always been that… Read More
T-Mobile added another 1.7 million customers during the first quarter of 2019 as the company waits for regulatory approval of its $26 billion merger with Sprint. The Bellevue, Wash.-based wireless… Read More
As bigger and bigger businesses take the plunge into cloud computing, Amazon Web Services is turning into a pretty big business in its own right. Revenue from the cloud market… Read More
Amazon shattered analyst expectations for profits in the first quarter, more than doubling last year’s numbers and even beating out the busy holiday season last quarter. Revenue: Amazon reported net… Read More
In just a few hours, Amazon could follow in the footsteps of crosstown rival Microsoft, which hit a $1 trillion market cap after posting a strong quarterly update yesterday. Amazon… Read More
After more than two years of smashing records, sales for the hit Nintendo Switch console are starting to slow. Nintendo reported its year-end financial results Thursday and revealed that it… Read More
The $670 million March acquisition of NGINX was the largest purchase in the history of Seattle’s F5 Networks, and financial analysts had several questions Wednesday about integration plans for CEO… Read More
Update, April 30: Microsoft today became the second U.S. company in history after Apple to close with a market capitalization above $1 trillion, with shares trading at $130.60, up 30 percent… Read More
Microsoft’s Surface division is on a roll. After posting a staggering 39 percent revenue growth over the holiday season and inching closer to hitting $2 billion in quarterly revenue for… Read More
Microsoft rebounded from a rare revenue miss, sailing past Wall Street expectations for its third quarter, powered by the tech giant’s fast-growing cloud computing operations. Revenue: Microsoft reported $30.6 billion in… Read More
Microsoft is locked in a three-way race for the title of the nation’s most-valuable company with Amazon and Apple, with the iPhone maker leading the way for now. All three… Read More
Shares of work collaboration software maker Smartsheet were up more than 11 percent in after-hours trading following its fourth fiscal quarter earnings report. Smartsheet beat Wall Street expectations with $52.2… Read More
Target spent much of 2018 turning some of its biggest stores into mini-warehouses for shipping and pickup online orders and opening smaller neighborhood stores, a major reorganization of priorities as… Read More
Salesforce vowed to double its yearly revenue by the end of its 2023 fiscal year and reported fourth-quarter earnings better than expected on Monday, but investors dinged the company for… Read More
Funko capped off a strong year, rebounding from a tough start to life as a public company in late 2017, by cruising past Wall Street expectations for its fourth quarter… Read More
Impinj, the Seattle maker of high-tech tags for connecting billions of items to the internet, finished 2018 strong, posting its second consecutive record quarter for revenue. However, two good quarters… Read More
For Walmart, last year was all about beefing up its technology and logistics offerings to juice both online and in-store sales, as it continues to battle Amazon, and those efforts… Read More
Redfin’s desire to compete in every area of the real estate transaction appears to be paying off as the tech-powered brokerage sailed past Wall Street expectations for the fourth quarter… Read More
Sales tax automation company Avalara sailed past Wall Street expectations to close out 2018, though its losses are growing as it continues to pile up new customers. Revenue: Avalara posted… Read More
Seattle Genetics on Thursday reported higher-than-expected losses for the fourth quarter, sending shares down 8 percent in after-hours trading. Quarterly revenues came in at $175 million, above Wall Street expectations… Read More