Freakishly smart AI such as ChatGPT will not pummel education platform Chegg (CHGG) as Wall Street has increasingly grown concerned about, the company’s top execs argue. “No. Nothing at al...
Tag: Chegg
Chegg, Baidu, Bed Bath & Beyond, Hertz and more
A screen displays the Hertz logo during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York, November 9, 2021. Brendan McDermid | Reuters Check out the companies making hea...
Chegg, Simon Property, Activision Blizzard, Take Two Interactive, Spirit
Chegg (CHGG) Chegg shares fell about 20% after the education company’s 2023 revenue guidance came in below Wall Street expectations. Chegg sees revenue of $745 million to $760 million versus est...
Microsoft, Moderna, Mobileye, Chegg and more
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading. J.B. Hunt Transport...
‘The value of education has to be redefined’: Chegg CEO
Higher education has taken a beating over the last two years of the coronavirus pandemic, including a decline in student enrollment and concerns over college affordability. As a result, it’s for...
Chegg, Expedia, BP and more
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the co...
Chegg stock crashes amid ‘issues of enrollment, the economy, and now inflation’
The inflation fight has people shunning school and going all in on finding a high-paying job that could help meet ends meet, which continues to pressure educational services leader Chegg. Shares of th...
Paramount Global, Logitech, Chegg and more
Take a look at some of the biggest movers in the premarket: Paramount Global (PARA) – Paramount Global fell 4.3% in the premarket, despite quarterly profit that beat Wall Street estimates. Revenue cam...
Chegg, Clorox, Devon Energy and more
Check out the companies making headlines after hours. Chegg — Shares tumbled nearly 30% after the textbook company reported weak full-year guidance despite exceeding earnings expectations. In its most...
Chegg shares tanked 30% in extended trading: here’s why
Chegg Inc shares (NYSE: CHGG) tanked nearly 30% in extended trading on Monday after the education technology cited enrolment issues, economy, and inflationary pressures as it lowered its guidance for ...
Peloton, Harley-Davidson, Pfizer, Chegg and more
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, U.S., on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making h...