July 14, 2026
“Gap issued mixed fiscal first-quarter results, missing on the top line but beating on the bottom. CEO Richard Dickson told CNBC sales at Old Navy were worse than expected after the brand’s spring and summer assortment failed to land with… Continue Reading…
July 10, 2026
“Mercury raised $200 million at a $5.2 billion valuation, a 49% jump over its last round, led by TCV and including Sequoia, Andreessen Horowitz and Coatue, CNBC has learned exclusively. The fundraising comes weeks after Mercury received conditional approval from… Continue Reading…
April 12, 2026
“Snap shares climbed 14% after activist Irenic Capital suggested changes to boost the company’s value. Irenic’s letter outlines six steps to raise the stock price from its current $3.93 to $26.37. Major steps include reducing the workforce by 21% in… Continue Reading…
April 7, 2026
“Instacart topped Wall Street’s fourth-quarter revenue estimates and issued strong guidance as more customers turn to the grocery delivery platform. Instacart said it had its strongest quarter of gross transaction value in three years as its enterprise platform gains momentum.… Continue Reading…
February 25, 2026
“EBay plans to acquire Etsy’s secondhand clothing marketplace Depop for about $1.2 billion in cash, the companies said. Etsy, which bought Depop nearly five years ago, said the deal would allow it to focus on its core marketplace business. Depop… Continue Reading…
February 25, 2026
“Doordash issued disappointing fourth-quarter results and guidance. Revenue for the period increased 38% from last year and the company posted 32% growth in total orders. CEO Tony Xu said Doordash is building a single platform to combine Doordash, Deliveroo and… Continue Reading…
October 8, 2025
“President Donald Trump on Thursday signed an executive order approving a proposed deal that would keep TikTok alive in the U.S. Under the deal’s terms, which China must still approve, a new joint-venture company will oversee TikTok’s U.S. business while… Continue Reading…
August 8, 2025
“Duolingo shares skyrocketed nearly 14% after the language-learning platform boosted its guidance due to strong user growth driven by artificial intelligence. The mobile learning platform hiked its full-year guidance to between $1.01 billion and $1.02 billion, up from a prior range of $987 million… Continue Reading…
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