Online study and academic help platform Chegg (NYSE:CHGG) announced better-than-expected revenue in Q3 CY2025, but sales fell by 43.1% year on year to $77.74 million. On the other hand, next quarter’s revenue guidance of $71 million was less impressive, coming in 13.7% below analysts’ estimates. Its non-GAAP loss of $0 per share was significantly above analysts’ consensus estimates.
Online study and academic help platform Chegg (NYSE:CHGG) announced better-than-expected revenue in Q3 CY2025, but sales fell by 43.1% year on year to $77.74 million. On the other hand, next quarter’s revenue guidance of $71 million was less impressive, coming in 13.7% below analysts’ estimates. Its non-GAAP loss of $0 per share was significantly above analysts’ consensus estimates.
Wall Street experienced a robust start to the trading week on November 10, 2025, with Big Tech stocks leading early gains and propelling major indices upward. This significant rally, which saw the S&P 500 climb 1.1%, the Dow Jones Industrial Average rise 261 points, and the tech-heavy Nasdaq
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Shares of online study and academic help platform Chegg (NYSE:CHGG) jumped 5.8% in the afternoon session after the stock rebounded as the company announced a major restructuring plan that included a leadership change and a significant reduction in its workforce. As part of the shift, executive chairman Dan Rosensweig returned to the role of president and CEO. Chegg's plan involved cutting its workforce by 45% with the goal of reducing expenses by $100 million by 2026. This move was a response to challenges from reduced Google search traffic and the growing impact of AI on its academic business. The company aimed to reposition itself for growth in the skilling market, valued at over $40 billion. Chegg expected its new professional and enterprise-focused offerings to bring in around $70 million in revenues in 2025.
In a significant hypothetical market event on October 29, 2025, shares of online education giant Chegg (NYSE: CHGG) reportedly experienced a sharp decline, plummeting 15.4% by the closing bell. This substantial single-day drop is attributed to a continued pullback in investor confidence, reflecting ongoing pressures and uncertainties within the
As Artificial Intelligence (AI) rapidly matures and permeates every facet of daily life and industry, a new and decisive battleground has emerged: consumer trust. Once a secondary consideration, the public's perception of AI's reliability, fairness, and ethical implications has become paramount, directly influencing adoption rates, market success, and the very trajectory of technological advancement. This [...]
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 15.4% in the afternoon session after the stock continued to pull back as the company announced a major restructuring plan that included laying off about 45% of its workforce and reappointing its former CEO to navigate challenges from Artificial Intelligence.
In a stark illustration of artificial intelligence's rapidly accelerating impact on established industries, education technology giant Chegg (NYSE: CHGG) recently announced a sweeping restructuring plan that includes the elimination of approximately 45% of its global workforce. This drastic measure, impacting around 388 jobs, was directly attributed by the company to the "new realities of AI" [...]
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 13.8% in the morning session after the company announced a massive restructuring plan that included laying off 45% of its workforce and bringing back its former CEO to deal with the negative impact of Artificial Intelligence on its business.
A number of stocks jumped in the afternoon session after investors' concerns about US-China trade tensions were eased by President Trump's more conciliatory tone over the weekend.
New York, NY – October 9, 2025 – Phoenix Education Partners Inc. (NYSE: PXED), the parent company of the University of Phoenix, successfully re-entered the public market today with a strong debut on the New York Stock Exchange. The online education provider's initial public offering (IPO) was priced at $32.00 per
What a fantastic six months it’s been for Chegg. Shares of the company have skyrocketed 186%, hitting $1.44. This performance may have investors wondering how to approach the situation.
