Colin Gillis of BGC Partners, explains 3 reasons investors should like LinkedIn.» Read More
Linkedin beat 3Q estimates but revenue fell below expectations. Jeff Weiner, Linkedin CEO, talks about employment and where he is looking for growth and expansion. CNBC's Julia Boorstin reports.
The networking giant reported quarterly earnings and revenue that beat market expectations on Tuesday.
*GM reports strong profit on US demand, smaller Europe loss. NEW YORK, Oct 30- Wall Street was set for a slightly higher open on Wednesday, adding to fresh records scaled by the Dow and the S&P 500, amid sturdy results and on expectations the Federal Reserve will continue its stimulus efforts into next year.
NEW YORK, Oct 30- U.S. stock index futures edged higher on Wednesday, a day after the Dow and the S&P 500 indexes hit a new closing record, on expectations that the Federal Reserve's monthly bond purchases of $85 billion will be extended into next year.
Some of the names on the move ahead of the open.
Oct 30- Institutional investors who met with Twitter Inc this week say they are optimistic about its initial public offering and see little sign of the irrational exuberance that preceded Facebook Inc's splashy coming-out party in 2012..
In an exclusive interview, LinkedIn CEO Jeff Weiner talks about the company's Q3 success, why he's not concerned about the stock's decline on disappointing guidance, and his vision for future expansion.
*Sees Q4 revenue $415 mln to $420 mln vs $438 mln consensus. SAN FRANCISCO, Oct 29- LinkedIn Corp issued a conservative revenue forecast through the end of the year that damped a sizzling run in its stock price, taking the shine off an upbeat performance at the professional social network in the third quarter.
*IBM climbs on buyback announcement and lifts Dow. NEW YORK, Oct 29- The Dow and S&P 500 ended at record highs on Tuesday after economic data supported views that the Federal Reserve would keep its stimulus intact for several months and IBM rallied after the company announced a stock buyback. IBM gave the biggest boost to the Dow, which led the day's gains.
LinkedIn is very pleased with its "sponsored updates," and said it should have a meaningful impact on the company's revenue in 2014, reports CNBC's Julia Boorstin.
Stocks finished near session highs Tuesday, with the S&P 500 touching a fresh high and the Dow within 50 points of an all-time record, as investors looked ahead to the Federal Reserve's announcement.
Check out which companies are making headlines after the bell Tuesday:
SAN FRANCISCO, Oct 29- LinkedIn Corp posted better-than-expected third quarter revenue of $393 million on Tuesday, a 56 percent jump from a year ago, but issued a conservative revenue forecast for the fourth quarter and fiscal 2013..
SAN FRANCISCO, Oct 29- LinkedIn Corp posted better-than-expected third quarter revenue of $393 million on Tuesday, a 56 percent jump from a year ago, as the red-hot social networking site reported progress in its transition to mobile devices.
LinkedIn's full-year and sales outlooks are coming in below estimates, reports CNBC's Dominic Chu. The company reported Q3 EPS of $0.39 ex-items on revenue of $393 million.
SAN FRANCISCO, Oct 29- Nextdoor, an online social network for neighbors, said it has attracted $60 million from early backers of technology titans Google, Amazon and Facebook. Nextdoor members make Facebook- style postings, giving or seeking recommendations for services such as babysitters and yard maintenance or local retailers and restaurants.
U.S. stock index futures held their gains Tuesday, with the S&P 500 poised to hit a fresh high, despite a weaker-than-expected retail sales report and ahead of the Federal Reserve's two-day meeting.
Facebook is doing more to disconnect than connect brands to their customers, according to a damning new report on the social media site.
As the Fed begins its two-day policy meeting Tuesday, markets will get a look at how consumers behaved just before the government shut down.
Just what kind of impact is the company's mobile growth having?