Topic: internet

Whatnot Achieves $20 Billion Valuation Following Surge in Live Shopping Popularity

08/07/2026, 08:37 AM economy fundraising internet

Whatnot's recent funding round has propelled its valuation to $20 billion, reflecting the rapid growth of the livestream shopping sector, which the company dominates with a 60% market share.

Airbnb (ABNB) Shares Rise Nearly 8% After Beating Analyst Expectations and Issuing Strong Outlook

08/07/2026, 05:37 AM economy rating_growth Analysts internet

Sweetgreen's shares fell sharply after the company lowered its full-year outlook due to declining sales linked to cyclospora fears, highlighting the potential impact of food safety concerns on restaurant stocks. Additionally, the upcoming jobs report could influence market sentiment as investors await key labor market data.

Analysts JPMorgan upgraded Etsy (ETSY) to Overweight and raised target price to $100, expecting upside +22%

08/07/2026, 05:37 AM investing rating_growth Analysts: analysts, JPMorgan internet

JPMorgan has upgraded Etsy's stock to overweight, raising its price target to $100, indicating a potential 22% upside, as the company shows signs of a successful turnaround in its marketplace business.

Meta (META) Ordered to Pay $567 Million into New Mexico Abatement Fund for Child Harm Case

08/06/2026, 05:36 PM economy announcement internet

Meta's recent court ruling to pay $567 million into an abatement fund highlights the growing legal challenges the company faces regarding the impact of its platforms on youth mental health. This case could lead to significant operational changes for Meta and set a precedent for accountability in the tech industry.

Airbnb (ABNB) Reports Strong Q2 Earnings and Revenue, Stock Rises 9% on Positive Guidance

08/06/2026, 02:37 PM economy forecast internet

Airbnb's second-quarter earnings exceeded expectations, leading to a 9% surge in its stock price after the company provided an optimistic revenue forecast for the upcoming quarter, driven by strong demand across various regions.

Airbnb (ABNB) Stock Rises 12% Following Strong Earnings and Revenue Performance with Positive Guidance for Q3

08/06/2026, 01:37 PM economy stock_growth internet

Airbnb's stock surged 12% following a strong second-quarter earnings report that exceeded expectations, along with optimistic guidance for the upcoming third quarter, signaling robust demand in the travel sector.

Fox Corp. Reports 28% Revenue Increase Driven by FIFA Men’s World Cup and Tubi Streaming Service Growth

08/06/2026, 08:40 AM business growth media internet

Fox Corp. experienced significant revenue growth in its latest quarterly report, driven largely by the FIFA Men's World Cup, which boosted advertising revenue and viewership for its streaming service, Tubi. This performance highlights the importance of live sports in generating advertising dollars for media companies.

Analysts Evercore ISI see 45% upside for DoorDash (DASH) with $300 price target

08/06/2026, 07:41 AM investing rating_growth Analysts: analysts, Evercore ISI internet

DoorDash is experiencing significant order growth, driven by its expanding subscriber base, which has led Evercore ISI to project a 45% upside for the stock, indicating a positive outlook for investors.

Shopify President Harley Finkelstein Highlights AI’s Role in a New Era of Entrepreneurship

08/05/2026, 04:36 PM business growth software internet

Shopify's President Harley Finkelstein emphasized the transformative role of artificial intelligence in enhancing entrepreneurship, stating that AI is significantly aiding smaller brands in reaching customers and driving sales.

Etsy (ETSY) to Lay Off 12% of Workforce to Streamline Operations and Position for Future Growth

08/05/2026, 01:36 PM economy downsizing internet

Etsy's decision to lay off approximately 220 employees, representing 12% of its workforce, aims to streamline operations and enhance innovation in a competitive e-commerce landscape, despite recent sales growth.