Bumble reassures investors as first-quarter revenue meets expectations
Bumble (BMBL.O) reported a more than 7% fall in first-quarter revenue on Wednesday, but met Wall Street estimates…
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Salesforce sees annual results below estimates as Agentforce adoption lags
Business software provider Salesforce (CRM.N) forecast fiscal 2026 revenue below Wall Street expectations on Wednesday…
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Match names new CEO amid slowing user engagement, issues dour annual forecast
Match Group (MTCH.O) said on Tuesday it has appointed Spencer Rascoff as its new chief executive officer…
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Bumble shares tank after dating firm slashes revenue outlook
Shares of Bumble Inc. plunged after the dating company slashed its annual revenue outlook, signaling…
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Amazon says consumers cautious, forecasts revenue below Wall Street targets
Amazon.com (AMZN.O) reported slowing online sales growth in the second quarter and said cautious consumers…
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Match Group to Cut 6% of Staff Amid Activist Turnaround Push
Match Group Inc. said on Tuesday that it plans to cut 6% of its global staff as it shuts down livestreaming…
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Alphabet Shrugs Off Advertising Slump, Thanks to Search Engine
After years of easy financial growth and booming popularity, Alphabet, Google’s parent company, has in recent months faced mounting questions about its future. It has been under the gun to deliver artificial intelligence technology, its sales growth has decelerated, and it is laying off 12,000 employees to cut costs. On Tuesday, Google shrugged off some…
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Clothing subscriptions like Stitch Fix were once hot – but now might be the victims of ‘box fatigue’
After earning a master’s degree a decade ago, David Hill wanted to amp up his personal style and signed up for the Trunk Club, which promised to mail him boxes of clothing tailored to his tastes as often as he liked. Hill would visit the company’s Chicago showroom to meet with a stylist and pick…
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Airbnb could have a key advantage during the next recession
Inflation is starting to cool, according to data released Wednesday. But Minneapolis Fed President Neel Kashkari cautioned that day that a recession could still occur in the “near future,” as Reuters reported. So, what companies are best prepared to weather a possible downturn?
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Grubhub Customers Learn There’s No Such Thing as a Free Lunch After All
Derived from M Science’s leading-edge data, the new platform provides daily, weekly, monthly and semi-annual visibility into competitive benchmarking and consumer behaviours. The new platform details customer spending patterns for more than 130 Global and Domestic Australian brands, including food delivery services, grocery stores, DTC platforms, sports betting and travel agencies. Companies include Just Eat,…
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