Communications software company Twilio Inc. reported fiscal second-quarter revenue and net income that topped EPS and revenue estimates in Q2, however its soft Q3 guidance sent the stock sharply lower, down 11 percent after the release. The tone of the went from a confident in achieving its 30+% revenue growth target last quarter to management feeling just “really good” about the second half of the year. Its Q3 revenue guidance calls for just 30-32% growth yr/yr, its lightest quarter of … Continue reading “Twilio Spooks Investors with Lightest Quarter of Growth in Over Five Years”
Communications-s software company Twilio reported better than expected first-quarter earnings after the market Wednesday that sent the stock soaring over 40% $TWLO is benefitting from the stay at home economy, distributed contact centers and telehealth.
Online auction giant eBay reported better than expected third quarter earnings after the market close Tuesday. eBay spoke positively for the future after just last week it fell 9% after Paypal’s release.
Online auction giant eBay reported better than expected second-quarter earnings after the market close Wednesday. However weak revenue guidance was short of estimates sending $EBAY down over 6% after the release, dissappointing during it’s summer sale.
U.S. states can now collect taxes on billions of dollars of eCommerce sales without a physical presence. This follows the Supreme Court of the US (SCOTUS) overruling 1992’s Quill Corp v. North Dakota case in South Dakota v. Wayfair.
The US Federal Communications Commission voted along party lines 3-2 on Thursday to overturn the net neutrality regulations set in 2015.
China introduced cyber courts this week as we move further to an online world. In the U.S. we have everyone from President Trump down lamenting the destruction of traditional society, the big one of course is Amazon $AMZN.
Online auction giant eBay reported inline second-quarter earnings after the market close Thursday. $EBAY’s tepid growth and full-year guidance was short of estimates sending the stock off near 5%.