Jon Swartz, Moneyish

Jon Swartz


San Francisco, CA, United States

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Recent articles by Jon:

Spotify CEO joins Elon Musk in calling out Apple for ‘shameless ... bullying’

Daniel Ek says app companies have long been protesting Apple’s policies. → Read More

Google looks to shed 10,000 'poor performing' workers: report

Google has avoided the bloodletting of much of its Big Tech brethren, but a slumping ad market and macroeconomic conditions give it no other choice but to... → Read More

Cisco's stock rises on strong quarterly sales and guidance, but a restructuring is coming

Cisco Chief Financial Officer Scott Herren announced a "limited business restructuring," to be shared with employees on Thursday, that will right-size its... → Read More

Facebook parent Meta begins mass layoffs of 11,000 workers as Mark Zuckerberg says 'I take responsibility'

Massive layoffs at Meta Platforms Inc. began Wednesday, boosting the social-media company's beaten-down stock → Read More

Disney stock dives 10% after earnings and revenue miss, sales growth forecast to slow after record year

Walt Disney Co. wrapped up its fiscal year Tuesday with record sales and its best revenue growth in more than 25 years, but a miss on earnings and revenue... → Read More

Disney overtook Netflix as the streaming leader, and is expected to widen the lead

Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. → Read More

Twilio's stock tumbles as quarterly loss, outlook spook investors

Shares of Twilio Inc. drops as much as 17% in extended trading Thursday after the customer-engagement technology company reports mixed fiscal third-quarter... → Read More

Facebook earnings cut in half, Meta stock sinks toward lowest prices in more than 6 years

Meta Platforms Inc. on Wednesday became the latest tech titan tattooed by a precipitous drop in digital advertising, reporting less than half the profit it... → Read More

Google ad sales take a hit and widely miss estimates, Alphabet stock drops 6%

The results, which missed in several key product categories, further rattled investors, already spooked by poor quarterly results last week from Snap... → Read More

Google faces an advertising slowdown — here's why earnings may hold up anyway

Alphabet earnings preview: Analysts say Google is still ideally positioned to capitalize on long-term digital ad trends and the shift of work to the cloud → Read More

Snap stock plummets more than 25% as online advertising continues to struggle

A bruising year for Snap Inc.'s shares worsened Thursday, as the stock plummeted more than 25% in after-hours trading as executives launched the company's... → Read More

Netflix snaps streak of subscriber declines and beats on earnings, stock jumps 15%

Netflix Inc. added more than 2 million subscribers in the third quarter after starting off 2022 with two consecutive quarterly declines, a rebound that sent... → Read More

Game over for Google Stadia

Alphabet Inc.'s Google is shutting down the Stadia cloud-streaming gaming service in mid-January and refunding all Stadia purchases made through the Google... → Read More

Twitter whistleblower tells Congress the company was '10 years behind' industry security standards

Twitter Inc. was "over a decade behind" industry security standards and had little grasp of the vast troves of data it collected, whistleblower... → Read More

Zoom Video cuts earnings and revenue outlook for the year, stock falls

Zoom Video Communications Inc. executives trimmed their annual outlook Monday afternoon, sending shares lower in late trading. → Read More

Cisco earnings and revenue forecast quell fears of slowdown, stock rises

Cisco Systems Inc. shares rose in extended trading Wednesday after the networking company forecast stronger revenue growth than expected in the months ahead,... → Read More

Disney to raise streaming prices while launching ad-supported tier, stock pops as subscriber total tops Netflix

Walt Disney Co. added more streaming subscribers than expected and topped Netflix Inc.'s total in the second quarter, and plans to launch an ad-supported... → Read More

Beyond Meat reports drop in revenue, announces 4% layoffs

Beyond Meat Inc. reported another rough quarter Thursday, leading to announced layoffs that underscore a bleak outlook from Wall Street. → Read More

Roku's stock plunges 26% on weak outlook, misses at top and bottom lines

Roku Inc.'s stock was eviscerated by 26% in extended trading after it offered paper-thin guidance and reported fiscal second-quarter revenue Thursday that... → Read More

Facebook revenue declines for first time, and Meta's downfall is expected to get worse

Meta reported its first-ever year-over-year decline in revenue on Wednesday, and profit declined for a third consecutive quarter, the first time that has... → Read More