#valuation

#valuation

Snap SNAP reported third-quarter revenue of $1.507 billion, up 10% year over year, due to strength in international markets. Adjusted EBITDA margin came in at 12%, up 200 basis points from a year ago, due to cost efficiencies and a greater mix of high-margin products like Sponsored Snaps and Spotlight. Why it matters: Despite persisting weakness in North American markets, advertising revenue from international markets continues to grow, driven by improved direct advertising monetization and increased demand from small and mid-sized businesses.

Revenue climbed 27% year-over-year to $3.45B, clearing the $3.36B consensus estimate by roughly $90M. That growth rate outpaced rival Uber's 18% quarterly expansion, signaling stronger order momentum in the core delivery business. The problem? Earnings per share came in at $0.55, missing the $0.68 estimate by 19%. GAAP net income of $244M also declined sequentially from $285M in Q2, a red flag that profitability may be plateauing after months of steady improvement.

Armis, a nine-year-old cybersecurity startup based out of San Francisco, intends to follow in these companies' footsteps. The company said on Wednesday that it has raised a $435 million pre-IPO round led by Growth Equity at Goldman Sachs Alternatives. CapitalG made a significant investment in the round, and new investor Evolution Equity Partners also participated. The round values Armis at $6.1 billion, a meaningful jump from the $4.5 billion tender offer valuation the startup announced in August.

Vertex (NASDAQ: VERX) delivered a split result this morning that left investors parsing mixed signals. The tax technology provider beat on earnings per share but missed revenue expectations, landing at $0.17 versus $0.16 estimated and $192.1M versus $195.5M expected. The stock traded near $22.90 at the filing, down sharply from its 52-week high of $60.71 as the market continues to reassess the company's valuation after a brutal 61% decline year-to-date.

CoreWeave started life in 2017 as Atlantic Crypto, mining Ethereum with racks of GPUs, but the real acceleration hit in 2024, driven by deals with AI labs and enterprises needing scalable compute without building their own data centers. Revenue jumped from $229 million in 2023 to $1.9 billion. The March IPO priced at $40 per share but debuted flat at $23 billion valuation amid market jitters. Shares bottomed at $33 in April before rocketing 322% on AI hype, peaking at $187 per share in June.

Kids today don't know how easy they have it with those soft, malleable lunch boxes that squeeze easily into their bookbags. There was a time when we'd beg our parents for a cooler design on our lunch boxes, because the darn things were always stuck in our hands, too big and clunky to hide inside a backpack. The challenges of our early days were worth the struggle, though,

Electronic Arts has announced plans to go private in what will be the largest leveraged buyout in history. The $55 billion purchase of the entertainment giant behind franchises that include Madden NFL and Battlefield is set to close in the first quarter of fiscal year 2027. Saudi Arabia's Public Investment Fund (PIF) will be, by far, the majority investor in EA, one of the largest third-party publishers of video games. Silver Lake and Affinity Partners (whose CEO is Donald Trump's son-in-law Jared Kushner) will own minority interests. CEO Andrew Wilson will continue to head EA.

In early January, 24/7 Wall St. selected South Korean memory producer SK Hynix (000660.KS) as one of our top picks for an AI stock that could double in 2025 . We singled out the stock for two primary reasons: it was cheap, and we believed SK Hynix could continue seeing astonishing growth rates in 2025 and beyond. How cheap was SK Hynix at the beginning of the year? The stock was trading for just 5.4X its next year's estimated profits.

On the other, there was a short period of time when Checkout.com was valued at a whopping $40 billion, as part of its $1 billion Series D round closed in 2022. By the end of that year, with the venture world crashing into a bear market, it had already internally slashed its valuation to $11 billion. So $12 billion represents a billion-dollar step up from that.

Earlier this year, CEO Paolo Ardoino revealed that Tether now holds over 100,000 BTC - worth more than $11 billion - alongside more than 50 tons of gold as part of its reserves. Those holdings make Tether one of the largest corporate owners of Bitcoin globally, a fact that further ties the fate of its business to the world's leading digital asset.

Conservative investors might prefer to own shares of traditional insurance companies like Allstate ( NYSE:ALL) and Progressive ( NYSE:PGR), and that's fine. However, if you're more adventurous, you might choose to look into modern disrupters like Lemonade ( NYSE:LMND), Trupanion ( NASDAQ:TRUP), Hippo ( NYSE:HIPO), and the subject of today's analysis, Root, Inc. ( NASDAQ:ROOT). There are risks to investing in high-tech insurance plays, but the potential rewards could be substantial.

On August 28, the S&P 500's price-to-earnings ratio reached a towering reading of nearly 30, the actual number that day was a whisker short at 29.85. Now it's official: Around 3 PM on Monday, September 22, the big cap index sailed beyond that historic barrier, gaining 32 points or 0.48%, a surge that pushed the multiple over the landmark to 30.09.

It was truly a summer to remember in 2025 as meme-stock traders took a shine to GPRO stock. After touching $0.50 in April, the GoPro share price catapulted to $2 and even hit $2.50 recently. On a technical level, the bullish argument makes perfect sense. If GPRO stock quintupled from $0.50 to $2.50, why couldn't it double from here to $5?

The chipmaker's pivotal role in supplying high-bandwidth memory (HBM) and storage solutions for AI data centers positions it for explosive growth without the hype. While Nvidia dominates GPUs, Micron fuels the backbone DRAM and NAND chips essential for AI training and inference, where data volume is exploding. This under-the-radar status has kept its valuation attractive, with a forward P/E of just 12 and a price-to-earnings-to-growth (PEG) ratio of a minuscule 0.22, signaling significant undervaluation amid AI's boom.

Perplexity, the AI-powered search startup that compete with Google by providing conversational answers to user queries, has secured $200 million in new capital at a $20 billion valuation, The Information reported. The fresh funding comes just two months after the company raised $100 million at an $18 billion valuation, according to Bloomberg's July report. Since its founding three years ago, the rapidly growing AI company has raised $1.5 billion in total funding, according to PitchBook data.

Replit has raised a $250 million round, valuing the company at $3 billion. Unlike other fast-growing vibe coders, Replit has not been running to VCs every few months, though we'll see if that changes. Its last raise was in 2023 when it raised about $100 million that valued the company at $1.16 billion post-money. Replit has now raised a total of about $478 million, PitchBook estimates.

Copper molds are a vintage baking tool that people don't use much anymore. They were regularly used during the Victorian era to make decorative, molded dishes like puddings, cakes, and breads. They were typically handmade by artisans and very ornate, molded into delightful shapes like fish, flowers, birds, rabbits, and fruit. However, handmade copper molds fell out of favor after World War I, as the materials weren't readily available and many of the craftsmen capable of making them had retired.

The S&P 500 has risen about 10% this year and is hovering near its all-time highs. That rally was largely driven by the tech sector's robust growth rates, big buybacks, earnings beats across the market, easing trade tensions, and hopes for deeper interest rate cuts. But with a price-to-earnings ratio of 30, the S&P 500 also looks historically expensive. However, some of the S&P 500's top stocks are outperforming the benchmark index by a wide margin but still trading at reasonable valuations.