SaaS Stocks Aren't Out of the Woods Just Yet

08:35am, Wednesday, 17'th May 2023
Stock markets looked poised to recover some of their recent losses on Wednesday morning. Wix.com shares moved higher as the website facilitator lauded its AI efforts.
WIX Q1 performance benefits from strength in the Creative Subscriptions and Business Solutions segments. Cost-cutting efforts lead to significant margin improvement.
Wix.com (WIX) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to loss of $0.72 per share a year ago.
Wix.com , which helps small businesses build and operate websites, on Wednesday said it swung to a net profit in the first quarter, boosted by growth in subscription revenue.
Wix's (WIX) Q1 performance is likely to have benefited from strong bookings growth and an improvement in the user base.
The latest read on inflation sparked a relief rally as investors celebrated signs of improvement. The underlying data showed that inflation, while historically high, had fallen to a two-year low.
You've heard about the AI winners – Microsoft, Google, Nvidia and others leading the shift. But what about AI roadkill?
Holding shares of growing companies over the long term is how you build lasting wealth for retirement. Coupang is a leading e-commerce marketplace in South Korea.

Why Fiverr, Upwork, and Wix Were All Falling Today

06:34pm, Wednesday, 03'rd May 2023
For the second day in a row, Chegg's warning on ChatGPT ricocheted through one corner of the tech sector. While the disruptive impact from the AI chatbot is still unclear, investors seem surprised tha

3 Spectacular Growth Stocks to Buy in May 2023

03:34pm, Wednesday, 03'rd May 2023
Since the beginning of this year, growth stocks have seen a spectacular run-up after a bloody 2022. Though the anticipated recession and interest rate hikes will make growth stocks riskier, truly good
Shopify and Wix are currently battling for eCommerce market share as more retail sales are conducted online. Shopify occupies a dominant position. Profitability for both businesses is mixed. Wix has h
Subscribers to  Chart of the Week  received this commentary on Sunday, April 16.
WIX extends its integration with Square to improve online ordering and reduce customer wait time.
Wix says a new integration with Square will help restaurants streamline their ordering. The extended integration, announced Thursday (April 20), is designed to help eateries increase their revenue at
Wix's growth has slowed, but it's getting itself profitable again. The company could generate well over $100 million in free cash flow in 2023.
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