Fiverr shares rocketed ahead by roughly 30% on Wednesday morning (Oct. 30) after third-quarter results highlighted that programs geared toward encouraging buyers to spend more — as they seek freelancers for “complex” projects — are bearing fruit. And, as been seen with past earnings reports,...
The side hustle — and the ancillary streams of income those hustles provide — now is a lifeline in the paycheck-to-paycheck economy, across all income levels. Earlier this year, PYMNTS reported that 22% of all U.S. consumers work on the side to enhance their cash...
Freelancer platform Fiverr saw its revenue rise 6% year over year, to $94.7 million, in the second quarter of 2024 despite macroeconomic volatility. In the company’s Wednesday (July 31) earnings report, Fiverr also announced its acquisition of AutoDS, a subscription-based drop-shipping platform. AutoDS, known for...
Significant stock rallies in the wake of earnings from companies including Block (Square’s parent company) and Nvidia were not enough to boost the CE 100 Index’s fortunes. The Index sank 0.4% for the week. Shares of Block were up 20.2%, driving the Pay and Be...
February 26, 2024
Significant stock rallies in the wake of earnings from companies including Block (Square’s parent company) and Nvidia were not enough to boost the CE 100 Index’s fortunes. The Index sank 0.4% for the week. Shares of Block were up 20.2%, driving the Pay and Be Paid segment 2.2% higher. As we reported this past week, […]
August 07, 2023
Earnings were everywhere this past week. And for the CE 100 Index, earnings-related headlines were the sole drivers of stocks to the upside — and overwhelmingly, to the downside. To...
May 08, 2023
The CE 100 Index lost 0.5% in a week crowded with earnings reports. Shopify’s corporate transformation, and resulting 28% gain in share price, was overshadowed a bit by investor concerns...
November 14, 2022
Last week was a stellar one for tech stocks — if you weren’t in cryptos — and especially for names driving the digital transformation of everyday life. The CE 100...
February 22, 2024
Freelancer platform Fiverr says it is thinking long-term about its investments in artificial intelligence (AI). “All in all, we believe AI will be a multiyear tailwind for us to drive growth and innovation,” CEO Micha Kaufman said in announcing quarterly and yearly earnings Thursday (Feb. 22). “In 2023, we also made significant investments in AI that drove improvements in […]
January 30, 2024
Fiverr is turning to AI to help businesses improve their access to freelance services. The freelance marketplace announced Tuesday (Jan. 30) the launch of a new artificial intelligence (AI)-enhanced homepage as...
August 03, 2023
Fiverr, the Israeli multinational online marketplace for freelance services, released second quarter 2023 financial results on Thursday (Aug. 3), highlighting the positive impact new product launches have had on top and bottom...
August 01, 2023
Freelance marketplace Fiverr has added two new tools that match businesses with talent. One of the new solutions, Fiverr Pro, is designed to address the needs of larger organizations, the company said...
