Shares of Bumble (BMBL +35.39%) leaped on Thursday after the online dating app maker unveiled some intriguing new artificial intelligence (AI)-powered features. Refocusing on safety and the member experience Bumble's revenue declined 14.3% year over year to $224.2 million in the fourth quarter. Sales for its namesake app fell 14.8% to $181 million, while its Badoo app and other revenue shrank 12.4...
Shares of Bumble (BMBL +35.39%) leaped on Thursday after the online dating app maker unveiled some intriguing new artificial intelligence (AI)-powered features. Refocusing on safety and the member experience Bumble's revenue declined 14.3% year over year to $224.2 million in the fourth quarter. Sales for its namesake app fell 14.8% to $181 million, while its Badoo app and other revenue shrank 12.4% to $43.2 million. The declines were driven by a 20.5% drop in paying users to 3.3 million, which was partially offset by a 7.9% rise in average revenue per paying user to $22.20. Expand NASDAQ : BMBL Bumble Today's Change ( 35.39 %) $ 1.00 Current Price $ 3.85 Key Data Points Market Cap $320M Day's Range $ 3.67 - $ 4.24 52wk Range $ 2.61 - $ 8.64 Volume 1M Avg Vol 3.1M Gross Margin 66.81 % "In 2025, we made the deliberate choice to return Bumble to its women-first foundation, raising the bar on trust and authenticity while addressing pain points our members experience with online dating," CEO Whitney Wolfe Herd said. "We believe that when women feel safe, confident, and intentional about who they meet, the entire ecosystem works better." All told, Bumble's earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased by 1% to $71.6 million. AI enhancements should drive earnings higher Looking ahead, management expects Bumble's adjusted EBITDA to climb to between $76 million and $80 million in the first quarter. During a conference call with analysts, Herd said Bumble is developing AI-driven features built on its proprietary data to highlight more relevant matches. These tools should help to boost member satisfaction scores -- and, by extension, Bumble's revenue and profits -- by serving as AI-powered dating assistants and matchmakers. "We believe that we have one of the largest and most nuanced data sets of real human connections in the world, leaving us uniquely positioned to apply AI in ways that are more personalized and effective than any potentia...
What happened Shares of Bumble (NASDAQ: BMBL) surged on Thursday after the digital dating platform reported impressive first-quarter results. As of 3:35 p.m. ET, the stock price was up by 25%. So what Revenue rose 24% year over year to $211 million, fueled by a 38% surge in Bumble App revenue to $155 million. That was partially offset by a 4% decline in sales from the company's Badoo app and other...
What happened Shares of Bumble (NASDAQ: BMBL) surged on Thursday after the digital dating platform reported impressive first-quarter results. As of 3:35 p.m. ET, the stock price was up by 25%. So what Revenue rose 24% year over year to $211 million, fueled by a 38% surge in Bumble App revenue to $155 million. That was partially offset by a 4% decline in sales from the company's Badoo app and other products, to $55.8 million. People are flocking to Bumble's namesake app. Paying users jumped by 31% to 1.8 million. Those people are also spending more on in-app purchases. That helped increase the app's average revenue per paying user (ARPPU) by 5% to $29.18. "Bumble App drove substantial revenue growth across the U.S. and international markets and delivered a significant sequential increase in paying users by continuing to focus on a woman-first experience built upon trust, kindness, and safety," said founder and CEO Wolfe Herd in a press release. All told, the company's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 8% to $49.8 million. Bumble also generated positive free cash flow of $14.4 million, compared to negative $48.3 million in the year-ago quarter. Now what Management reiterated its forecast for 2022 revenue in the range of $934 million to $944 million, though it cautioned that the final result could come in at the low end of that range due to recent fluctuations in foreign exchange rates. Still, that would amount to year-over-year growth of at least 22%. "Our compelling brands, product leadership, and operational excellence position us well to capture a growing share of the global dating market," Wolfe said. 10 stocks we like better than Bumble Inc. When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy rig...
Defending champion Rory McIlroy recovers from a back injury to begin his defence of the Players Championship but he ends round one seven shots off the pace.
Defending champion Rory McIlroy recovers from a back injury to begin his defence of the Players Championship but he ends round one seven shots off the pace.
In this article USO Follow your favorite stocks CREATE FREE ACCOUNT Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil on July 3, 2002 in the Gulf of Mexico. Pool | Afp | Getty Images The U.S. has temporarily authorized the purchase of Russian oil stranded at sea to stabilize energy markets. U.S. Treasury Secretary Scott Bessent said in a po...
In this article USO Follow your favorite stocks CREATE FREE ACCOUNT Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil on July 3, 2002 in the Gulf of Mexico. Pool | Afp | Getty Images The U.S. has temporarily authorized the purchase of Russian oil stranded at sea to stabilize energy markets. U.S. Treasury Secretary Scott Bessent said in a post on X Thursday that this was a "narrowly tailored, short-term measure" that applies only to oil already in transit. The temporary measure will not provide "significant financial benefit to the Russian government," Bessent added. The Treasury Secretary added that this is because the Russian government derives the majority of its energy revenue from taxes assessed at the point of extraction. A notice on the Treasury's website said the exemption would cover Russian crude products loaded on ships on or before 12.01 a.m. Eastern time, and purchases are allowed till April 11, 12.01 a.m. This is breaking news, please check back for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
The new leader of Berkshire Hathaway (BRKA 0.46%)(BRKB 0.38%) is bullish on the company -- and the stock. While the financial media earlier this month focused primarily on the news that the sprawling conglomerate has finally resumed repurchasing its own stock, there was another crucial detail in the recent update from Berkshire Hathaway CEO Greg Abel. It is a detail that arguably speaks even loude...
The new leader of Berkshire Hathaway (BRKA 0.46%)(BRKB 0.38%) is bullish on the company -- and the stock. While the financial media earlier this month focused primarily on the news that the sprawling conglomerate has finally resumed repurchasing its own stock, there was another crucial detail in the recent update from Berkshire Hathaway CEO Greg Abel. It is a detail that arguably speaks even louder than the company's corporate buybacks. Abel is aggressively buying Berkshire stock for his own personal accounts. In a massive vote of confidence, he announced that he will be investing his entire after-tax salary in Berkshire Hathaway stock for every year he serves as the company's chief executive officer. When executives buy shares of their own company on the open market, it usually sends a strong signal to investors. But committing an entire after-tax salary to the stock takes that alignment of incentives to a whole new level. It tells shareholders that the person calling the shots is highly motivated to protect and grow the company's underlying value. A multi-million-dollar personal bet After taking over as CEO from Warren Buffett at the beginning of 2026, Abel's annual cash salary increased to $25 million. But rather than pocketing that substantial paycheck, Abel is using the post-tax proceeds to build his stake in the conglomerate. In early March, a regulatory filing confirmed that Abel purchased 21 Class A shares at about $730,000 each. The total transaction amounted to about $15.3 million -- representing his entire after-tax salary. This purchase brought his total holdings to 249 Class A shares, valued at roughly $182 million at the time. So, why is Abel making such a concentrated personal bet? It boils down to a deep conviction in the assets he is now managing and a goal to be as aligned with shareholders as possible. "As CEO, I absolutely, obviously, believe in Berkshire, with the transition from Warren, and I inherited a company that has an incredible foundatio...
Key Points Berkshire Hathaway recently resumed its share repurchase program, marking the first time the company has bought back stock since May 2024. CEO Greg Abel announced a personal commitment to buy the conglomerate's stock with his entire after-tax salary every year he leads the company. The company's massive cash fortress and diverse collection of businesses make it a durable anchor for a po...
Key Points Berkshire Hathaway recently resumed its share repurchase program, marking the first time the company has bought back stock since May 2024. CEO Greg Abel announced a personal commitment to buy the conglomerate's stock with his entire after-tax salary every year he leads the company. The company's massive cash fortress and diverse collection of businesses make it a durable anchor for a portfolio during uncertain times. 10 stocks we like better than Berkshire Hathaway › The new leader of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) is bullish on the company -- and the stock. While the financial media earlier this month focused primarily on the news that the sprawling conglomerate has finally resumed repurchasing its own stock, there was another crucial detail in the recent update from Berkshire Hathaway CEO Greg Abel. It is a detail that arguably speaks even louder than the company's corporate buybacks. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Abel is aggressively buying Berkshire stock for his own personal accounts. In a massive vote of confidence, he announced that he will be investing his entire after-tax salary in Berkshire Hathaway stock for every year he serves as the company's chief executive officer. When executives buy shares of their own company on the open market, it usually sends a strong signal to investors. But committing an entire after-tax salary to the stock takes that alignment of incentives to a whole new level. It tells shareholders that the person calling the shots is highly motivated to protect and grow the company's underlying value. A multi-million-dollar personal bet After taking over as CEO from Warren Buffett at the beginning of 2026, Abel's annual cash salary increased to $25 million. But rather than pocketing that substantial paycheck, Abel is using the p...
What Happened? Shares of semiconductor maker Himax Technologies (NASDAQ:HIMX) jumped 11.7% in the afternoon session after a report from Hunterbrook Media argued the display components supplier could play a big role in next-generation AI infrastructure. The report stated that Himax appeared to be a 'stealth supplier,' providing key light-routing components for Taiwan Semiconductor Manufacturing Com...
What Happened? Shares of semiconductor maker Himax Technologies (NASDAQ:HIMX) jumped 11.7% in the afternoon session after a report from Hunterbrook Media argued the display components supplier could play a big role in next-generation AI infrastructure. The report stated that Himax appeared to be a 'stealth supplier,' providing key light-routing components for Taiwan Semiconductor Manufacturing Company's co-packaged optics platform. This technology was viewed as important for Nvidia's efforts to reduce power consumption within large AI data centers. The report also pointed to clues that Himax might be supplying components for Apple's new smart glasses. This news followed a period of positive sentiment around Himax's focus on ultralow-power AI solutions and automotive display technologies, which were recently showcased at industry events. Is now the time to buy Himax? Access our full analysis report here, it’s free. What Is The Market Telling Us Himax’s shares are very volatile and have had 22 moves greater than 5% over the last year. But moves this big are rare even for Himax and indicate this news significantly impacted the market’s perception of the business. The biggest move we wrote about over the last year was 28 days ago when the stock dropped 9% on the news that its fourth-quarter 2025 earnings report revealed significant weakness despite beating revenue expectations. While sales of $203.1 million surpassed Wall Street estimates, they marked a steep 14.4% decline from the same quarter last year. The underlying profitability painted a concerning picture, with earnings per share (EPS) falling to $0.04 from $0.14 a year ago. The company’s operating margin also compressed significantly, dropping to 3.4% from 9.7% in the prior year, highlighting reduced efficiency. Adding to investor worries, the company reported that its inventory levels had materially increased, which can be a sign of slowing demand. The combination of falling year-over-year sales, shrinking prof...
So between the two rounds there will be pressure on Bournazel and Knafo to stand down in favour of Dati - and on Chikirou to leave the field to Grégoire. It will be urged on them that by staying in the race, they split the vote and open the way for their opponent.
So between the two rounds there will be pressure on Bournazel and Knafo to stand down in favour of Dati - and on Chikirou to leave the field to Grégoire. It will be urged on them that by staying in the race, they split the vote and open the way for their opponent.
SmileStudioAP/iStock via Getty Images Market Review Global small cap equities rose in the fourth quarter, with signs that market leadership was beginning to broaden. Notably, the months-long AI-driven rally appeared to enter a new phase, with investors becoming increasingly cautious about the sustainability of elevated AI capex. Many perceived AI-winners (mainly companies investing in or enabling ...
SmileStudioAP/iStock via Getty Images Market Review Global small cap equities rose in the fourth quarter, with signs that market leadership was beginning to broaden. Notably, the months-long AI-driven rally appeared to enter a new phase, with investors becoming increasingly cautious about the sustainability of elevated AI capex. Many perceived AI-winners (mainly companies investing in or enabling AI infrastructure) sold off as the pace of spending on chips and data centers, which has been significantly reliant on debt financing, showed no signs of moderating, leading many to question the returns such investments would ultimately generate. However, AI-linked stocks staged a recovery in the closing weeks of the period. In the United States, investors cheered as the Federal Reserve lowered interest rates at three consecutive policy meetings despite disagreements among officials about the path ahead. At its December policy meeting, the central bank hinted that it would likely pause further cuts as it collects more data to assess labor market and inflation conditions. Investors also reacted positively to a delayed release of third-quarter US GDP data showing stronger than expected growth driven by resilient consumer spending, powering stocks in the region to new highs toward the end of the period. Meanwhile in Europe, stocks advanced after the European Central Bank held interest rates steady amid signs that the eurozone's economic outlook was improving, suggesting its easing cycle was largely complete. The Bank of England lowered interest rates in December to their lowest level in nearly three years but signaled a slower pace of future reductions. Central banks in Switzerland, Sweden, and Norway left their key interest rates unchanged during the quarter. In Japan, equities rose but lagged the broader global index as investor enthusiasm for the elevation of a new, business-friendly prime minister was tempered by the Bank of Japan's renewed rate-hiking cycle. The central b...
William Luque/iStock via Getty Images Rio Tinto ( RIO ) said late Thursday it suspended all surface and underground mining operations at its Kennecott complex in Utah after a contracted worker died following an unspecified incident at its Bingham Canyon copper mine. Rio Tinto ( RIO ) CEO Simon Trott said the company is working closely with authorities and contractor partners to support an investig...
William Luque/iStock via Getty Images Rio Tinto ( RIO ) said late Thursday it suspended all surface and underground mining operations at its Kennecott complex in Utah after a contracted worker died following an unspecified incident at its Bingham Canyon copper mine. Rio Tinto ( RIO ) CEO Simon Trott said the company is working closely with authorities and contractor partners to support an investigation, and he plans to travel to the site. Kennecott is one of the world's top-producing open-pit mines, producing ~275K tons of copper, 400K oz of gold, 4M oz of silver, and 25M lbs of molybdenum annually. More on Rio Tinto BHP Group Is A Better Fit For All-Weather Portfolios Than Rio Tinto Rio Tinto's Mongolian Friction Threatens Long-Term ROI Rio Tinto: Up A Lot, Still A Good Outlook
A top-performing emerging markets fund is increasing its exposure to major Chinese artificial intelligence hyperscalers, betting they offer better value than US tech giants that are pouring vast sums into expansion. Caroline Cai , chief executive officer of Pzena Investment Management, said her $3.9 billion fund has been adding digital platform companies such as Tencent Holdings Ltd. and Alibaba G...
A top-performing emerging markets fund is increasing its exposure to major Chinese artificial intelligence hyperscalers, betting they offer better value than US tech giants that are pouring vast sums into expansion. Caroline Cai , chief executive officer of Pzena Investment Management, said her $3.9 billion fund has been adding digital platform companies such as Tencent Holdings Ltd. and Alibaba Group Holding Ltd. The firms look inexpensive and offer more upside given their potential to transform everyday life, she said. “You’re not paying a lot for that possibility that AI does bend the curve on productivity,” Cai said in an interview from New York. Such a strategy should pay off during the early stages when it’s still hard to predict the eventual winners and losers, she added. Investors are weighing AI prospects in the US and China as the technology increasingly becomes the next front in the battle for tech supremacy. In America, the biggest companies are committing hundreds of billions of dollars to data centers and computing power in a race to build the most advanced models. In contrast, Chinese internet groups are spending much less and focusing more on applications that embed AI into existing platforms. Pzena’s emerging-markets value fund has outperformed 97% of its peers over the past five years, data compiled by Bloomberg show. It has also fared better than 90% of its peers this year. Top holdings include Samsung Electronics Co. , Taiwan Semiconductor Manufacturing Co. and Alibaba. Across all products, Cai is co-portfolio manager for approximately $67 billion in assets. Cai said part of the funding for the new positions in Alibaba and Tencent came from trimming exposure to Samsung and TSMC, which the fund doesn’t find as compelling as before. In the Korean chipmaker’s case, the investment thesis played out sooner than expected as memory chip prices soared on AI demand. Her view stands out against broader sentiment. Investors have been selling shares of Tence...