Early this month, social messaging service Snap (NYSE: SNAP) reported its second quarter results that beat estimates. However, the market is diappointed with the sequential decline in the number of its daily active users.
VC investments in Latin America doubled in 2017 to over $1 billion and over $600 million were invested in the first quarter of 2018. A beneficiary of this trend is Brazilian FinTech startup Nubank, which recently entered the Billion Dollar Unicorn Club.
eBay (NASDAQ: EBAY) recently reported a lackluster second quarter that beat analyst estimates for earnings but missed the revenue estimates. Its outlook was also disappointing.
ServiceNow (NYSE: NOW) recently reported a strong second quarter that beat estimates. However, the company’s revenue outlook for the third quarter was below analyst estimates.
Analysts expect the global e-commerce payment market to reach $135 billion by 2022. A huge beneficiary of this trend is Billion Dollar Unicorn Stripe, which facilitates payments over the Internet.
PayPal (NASDAQ: PYPL) recently reported a strong quarter that topped estimates but its revenue outlook missed estimates.
Collaboration and productivity software maker Atlassian (NASDAQ: TEAM) recently reported an impressive fourth quarter. But what has impressed analysts the most is its partnership with rival Slack and its decision to get out of the communications market.
Amazon (NASDAQ: AMZN) reported a mixed second quarter last week. While it missed estimates of revenue, earnings estimates blew past estimates. This was the third straight quarter of profit above $1 billion.