Yelp (YELP) shares surged 11.8% to close at $33.83, driven by high trading volume. The company’s focus on AI-driven innovations and rising demand in Services, particularly Home and Auto Services, boosts advertising revenue growth. Yelp’s strategic acquisition of RepairPal enhances its automotive offerings and expands monetization opportunities.
Yelp is expected to post quarterly earnings of $0.47 per share, a 16.1% decrease year-over-year, with revenues of $367.88 million, up 2.1%. Consensus EPS estimate remains unchanged, indicating stability. Keep an eye on Yelp for potential future strength. The stock currently holds a Zacks Rank #3 (Hold).
DHI Group (DHX) finished the last session 0.9% lower at $2.13, showing a negative return over the past month. The company is expected to report earnings of $0.06 per share, a 20% increase from the previous year. With a Zacks Rank #3 (Hold), DHI Group is poised for potential growth in the semiconductor market.
Read more at Nasdaq: Strength Seen in Yelp (YELP): Can Its 11.8% Jump Turn into More Strength?