Equity Shot: Twitter and Snap’s surprising, synchronized social success

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.
Today we’re doing another Equity Shot, a short topic-centered episode where we assemble the troops to dive into one particular thing. Or, in this case, two particular things.
Matthew Lynley, myself, and Katie Roof gathered to pick over Snap and… Read More

Nvidia up 10% after Q4 earnings beat, says cryptocurrency demand ‘exceeded expectations’

 Nvidia’s successes are continuing to pile on as the company’s gaming and data center businesses drove revenues up 34 percent year-over-year. Nvidia shares were up around 10 percent after-hours following the company’s release of its fourth-quarter earnings report. The company reported EPS of $1.78 on revenue of $2.91 billion, beating analyst expectations of $1.17 per share… Read More

Twitter is now worth more than Snap

 Adding to what’s already a Very Weird 2018, Twitter now has a bigger market cap than Snapchat maker Snap after posting a thoroughly interesting earnings beat for its fourth quarter this morning. Shares of Twitter rocketed more than 25% this morning following the report, which showed the service is actually able to generate a profit on a GAAP basis. Twitter already wrapped up 2017 with a… Read More

Twitter is suddenly making money and Wall Street likes it a whole lot

 Despite flat user numbers and a nominal beat in revenue, Twitter’s fortune-reversal over the past several months is still going as the company said it actually posted a GAAP net income — sending the stock jumping more than 15%. Twitter’s overall user numbers were flat, but the company was still able to post a surprising profit and fell above what Wall Street expected for… Read More

Twitter is making money, but still can’t grow its user numbers

Back in October, Twitter promised that by the time its fourth quarter rolled around, it would be profitable, or just about. Since then, however, the company ost its de-facto CEO and continues to raise the ire of figures on both sides of the aisle. It…

Yelp is not having a good day

 Yelp saw its stock take a steep dive this afternoon after it reported its fourth-quarter earnings, which on an adjusted basis fell below Wall Street’s expectations on the bottom line. Yelp has had a very up-and-down year, all while still continuing to be a go-to site for reviews and content around restaurants. Read More

Elon Musk’s pretty good week keeps rolling as Tesla slides through Q4 with same production targets

 Tesla CEO Elon Musk managed to send his Tesla Roadster into space — because why not? — earlier this week, and it looks like his week (and Tesla’s) is still looking up for now following the company’s fourth-quarter results. The company slightly beat Wall Street’s expectations on the financial front, and said it’s still targeting producing 2,500 Model 3… Read More

Streaming ESPN Plus launches this spring for $4.99

As Disney announced its quarterly earnings results today, CEO Bob Iger told CNBC that the company plans to price its standalone streaming version of ESPN at $4.99 per month. We've already heard that ESPN Plus will include "10,000 live regional, natio…