Shares of Yahoo! Inc. (NASDAQ:YHOO) ended Tuesday session in green amid volatile trading. The shares closed up +1.08 points or 2.55% at $43.37 with 8.77 million shares getting traded. Post opening the session at $42.43, the shares hit an intraday low of $42.32 and an intraday high of $43.41 and the price vacillated in this range throughout the day. The company has a market cap of $40.02 billion and the numbers of outstanding shares have been calculated to be 951.78 million shares.
Yahoo! Inc. (YHOO) on September 26, 2016 announced that it will host the exclusive live stream of Berkshire Hathaway’s (BRK.A; BRK.B) annual shareholders meeting on Saturday May 6, 2017, for the second year in a row. Approximately 40,000 Berkshire Hathaway shareholders from around the world attend the highly anticipated annual event. In 2016, Yahoo Finance opened the meeting to the general public via live stream, for the first time ever, with more than 1 million viewers tuning in.
“The Berkshire Hathaway live stream represents the best of what Yahoo Finance can offer: unprecedented scale, premium live streaming capabilities, and exclusive editorial content,” said Yahoo Finance editor in chief, Andy Serwer. “We’re thrilled that Warren Buffett and his team came back to us to bring this amazing event to the world.”
To date there have been approximately 17 million views of Yahoo Finance’s exclusive live and VOD coverage of the Berkshire Hathaway shareholders meeting. Audiences came to Yahoo Finance to hear first-hand from Mr. Buffett and Vice Chairman Charlie Munger, watch interviews with a wide range of notable guests, experience the weekend festivities around Omaha, and the carnival-like atmosphere of the exhibition hall where many of Berkshire’s subsidiaries showcase their products and services.
The 2017 live stream will appear exclusively on Yahoo Finance – across all devices – reaching more than 75 million monthly users, and will once again be broadcast in both English and Mandarin. An exclusive VOD replay will be available on Yahoo Finance for 30 days following the meeting. Yahoo will offer video and display advertising, as well as sponsorship opportunities alongside the live stream.
Shares of LinkedIn Corp (NYSE:LNKD) ended Tuesday session in red amid volatile trading. The shares closed down -0.84 points or -0.44% at $192.20 with 5.28 million shares getting traded. Post opening the session at $193.00, the shares hit an intraday low of $191.67 and an intraday high of $193.22 and the price vacillated in this range throughout the day. The company has a market cap of $25.94 billion and the numbers of outstanding shares have been calculated to be 119.16 million shares.
LinkedIn Corp (LNKD) on Aug. 04, 2016 reported results for the second quarter of 2016.
In the quarter, our core member operating metrics reflected continued strength. Cumulative members grew 18% year-over-year to 450 million, unique visiting members grew 9% to an average of 106 million members a month, and member page views grew 32%. This yielded 21% year-over-year growth in page views per unique visiting member, continuing a pattern of strong engagement growth over the past several quarters.
Total revenue increased 31% year-over-year to $933 million.
Talent Solutions revenue increased 35% year-over-year to $597 million.
- Hiring contributed $535 million in revenue, up 26% year-over-year.
- Learning & Development contributed $62 million in revenue.
Marketing Solutions revenue increased 29% year-over-year to $181 million.
- Sponsored Content surpassed 60% of total Marketing Solutions revenue and was the primary driver of growth, driven largely by increase in customer demand.
Premium Subscriptions revenue increased 21% year-over-year to $155 million.
- Sales Navigator remained the faster growing component of Premium Subscriptions, with growth in the field channel continuing to outpace growth in individual online subscriptions.
GAAP net loss attributable to common stockholders was $119 million, primarily driven by a non-cash charge of $101 million as a result of recording a valuation allowance for a significant portion of our tax assets. GAAP diluted EPS was $(0.89), compared to last year’s performance of $(0.53).