NYSE:CHGG - New York Stock Exchange, Inc. - US1630921096 - Common Stock - Currency: USD
The artificial intelligence chipmaker got a double dose of good news.
Amazon and Meta stocks led the "Magnificent Seven" Big Tech stock surge after the US and China announced a temporary trade war truce.
The company said, “While we exceeded expectations in Q1 and see great value in the areas of the business I just went through, we believe the macroeconomic trends will continue to put pressure on our company and business trends will worsen before they get better. Google and their expansion of AI Overviews continues to keep web traffic captive in the Google search experience and migrate search to Gemini. Additionally, language model companies are turning to academia for validation, with OpenAI rec
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The measures are expected to generate $45 million to $55 million of savings in 2025, with full-year savings of $100 million to $110 million in 2026.
While the top- and bottom-line numbers for Chegg (CHGG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Chegg (CHGG) delivered earnings and revenue surprises of -500% and 6.03%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: EGAN
US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place.
A trade deal to start the week will likely overshadow the planned events on this week's economic and earnings calendar.
Inflation data takes center stage in the week ahead.
MCHP's fourth-quarter fiscal 2025 results suffer from a revenue decline and demand challenges across key markets. However, solid view is driving shares up.
SHOP's first-quarter 2025 results reflect a booming merchant base, expanding partnerships and robust revenue growth.
WOLF's third-quarter fiscal 2025 results reflect weak demand, factory underutilization and higher losses.
Compass (COMP) delivered earnings and revenue surprises of 16.67% and 4.16%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: COMP
MKSI's first-quarter 2025 results reflect strength in the Semiconductor and Electronics & Packaging market amid sluggish Specialty Industrial demand.
FTNT's first-quarter 2025 earnings and revenues beat estimates, benefiting from strong growth in both product and services revenues.
Get a deeper insight into the potential performance of Chegg (CHGG) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
ON Semiconductor's first-quarter 2025 results suffer from sluggish macroeconomic conditions that impact the Power Solutions Group.