Blue Nile Display at Nordstrom

Rising diamond prices take cut out of Blue Nile Q2 results

Seattle online jewelry retailer Blue Nile said today that its business was materially impacted by fluctuations in the diamond trade, causing sales to decrease 1.3 percent to $106.6 million and operating income to drop to $3.2 million. In a conference call with analysts, Blue Nile CEO Harvey Kanter cited “volatile” diamond prices which has caused… Read More


Holy, Toledo! Zillow is now worth more than $5 billion

Investors like what they see in Zillow, and they keep sending the shares higher. The Seattle online real estate company — founded by former Expedia execs Rich Barton and Lloyd Frink nearly 10 years ago — surpassed $5 billion in market value this week. That’s a whopping valuation, more than triple the value of rival… Read More


Shares of MicroVision soar on deal with UPS

Shares of MicroVision jumped more than 15 percent in early morning trading after the Redmond company inked a deal with shipping giant UPS. MicroVision said that UPS has agreed to use its PicoP display system to assist with a new package guidance application at UPS — one which is designed to increase processing efficiency in… Read More

Zulily co-founder Mark Vadon in a 2011 interview

This Seattle tech exec saw his net worth skyrocket $500 million today

Zulily’s shares jumped more than 35 percent today after Wall Street applauded the Seattle online retailer’s fourth quarter earnings, which blew right past analysts’ estimates. The performance even got CNBC’s Jim “Mad Money” Cramer hyperventilating with excitement. But there’s one person who benefitted more than anyone with today’s news: Zulily chairman Mark Vadon. Vadon, the… Read More


Shares of Tableau Software skyrocket as profits soar

Tableau Software is enjoying life on Wall Street. The Seattle company, a maker of software to visualize data, saw its shares spike more than 15 percent in Tuesday trading after the company posted strong fourth quarter and full year results. The company, which debuted on the New York Stock Exchange last year, saw fourth quarter… Read More


Shares of F5 soar, CEO expresses optimism for year ahead

Seattle-based F5 Networks saw its stock increase more than eight percent in after hours trading following the company’s fiscal first-quarter earnings report, one which showed net income coming in at $68 million on revenues of $406.5 million. That compares to net income of $69.5 million for the same period last year, on revenues of $395.3… Read More


Zulily shares soar 7%, tops $5 billion market value

Seattle’s newest publicly-traded company is continuing to shine on Wall Street after its spectacular IPO last month. The stock of the daily deals company jumped more than seven percent in value today, giving it a whopping market value of $5.58 billion. (There are currently 132.2 million outstanding shares).  That’s more than both Zillow and Tableau… Read More

Zulily co-founder Mark Vadon in a 2011 interview

Seattle’s new billion dollar man: Here’s who scored in Zulily’s spectacular IPO

Zulily’s initial public offering today represented a huge milestone for the Seattle company. It also made the founders and venture capitalists fabulously rich. Take, for instance, 43-year-old Zulily co-founder and chairman Mark Vadon who was able to maintain a 31.4 percent stake in the company through multiple rounds of financing. Vadon’s 35.4 million shares now… Read More

Jeff Bezos

Amazon ‘dangerous’ for rivals and investors, warns Barron’s

Barron’s magazine gave some bearish treatment in a piece over the weekend — saying that the company is “dangerous” for competitors and shareholders, and concluding that Amazon’s share price “could use some cooling off.” The story (available via subscription) focuses on the increase in Amazon’s share price over the past year even as profits… Read More


Shares of Redbox parent jump after hedge fund discloses large stake, encourages sale

Shares of Outerwall, the Bellevue company best known for its Coinstar coin counting machines and Redbox movie rental kiosks, jumped more than 17 percent after the New York investment firm Jana Partners disclosed that it had become the company’s largest shareholder with a 13.5 percent stake. Shares of Outerwall are trading Monday morning around $60.50,… Read More


Australian billionaire buys 9.4% of Zillow, shares top $100

Wow, shares of Zillow, on a rocket ship ride since the beginning of the year, are soaring again today after news that Australian billionaire James Packer bought 9.4 percent of the company. Bloomberg notes that the stock purchase makes Packer the second biggest holder of the Seattle online real estate company behind Caledonia Private Investments… Read More

[Photo via Julien Gong Min]

Tech glitch forces Nasdaq to halt trading

Tech issues have halted the tech-heavy Nasdaq. Trading was stopped on the stock market — home to companies such as Microsoft, Apple and Google — after a technical issue of unknown variety. Here’s more from a report in The Wall Street Journal: The issue stemmed from a data feed that provides market data for Nasdaq-listed… Read More