DBX Stock Recent News

Dropbox has seen slowing growth, but beat earnings estimates last week and reported 18.22 million paying users. The company offers various premium services related to data storage and sharing, investing in AI technology for a competitive advantage. Dropbox's balance sheet shows negative shareholder equity, but manageable debt with potential for growth if user conversion to paid services continues.

Dropbox's (DBX) second-quarter 2024 results benefit from an increase in average revenue per paying user.

Dropbox Inc DBX stock is trading higher after the company reported better-than-expected second-quarter financial results Thursday.

Dropbox (DBX) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.51 per share a year ago.

Dropbox, Inc. (NASDAQ:DBX ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Peter Stabler - IR Andrew Houston - Co-Founder & CEO Timothy Regan - CFO Conference Call Participants Luv Sodha - Jefferies Steven Enders - Citigroup Kash Rangan - Goldman Sachs Mark Murphy - JPMorgan Operator Good afternoon, ladies and gentlemen, and thank you for joining Dropbox's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Although it is always a good idea to monitor volume change and price resilience, some stocks — especially those categorized as overhyped stocks to sell when they reach new highs — have more fishy fundamentals than others, particularly if there is a possibility of a recession. The global equity sell-off on Monday certainly hinted at a hard landing scenario.

It's a big day for Wall Street as the much-awaited Jobless Claims numbers are out, which could be a major factor in market moves for the rest of the week. Right now, stock futures are climbing up as the weekly jobless claims numbers have come in better than expected.

Dropbox's (DBX) second-quarter 2024 results are likely to benefit from its expanding AI-powered product portfolio.

Toggle3D.ai Inc (CSE:TGGL, OTCQB:TGGLF) has unveiled new features for its AI 3D platform, notably the integration with Dropbox Inc (NYSE:DBX) to cater to enterprise user demand. The provider of innovative 3D rendering solutions said it now supports multiple file uploads directly from the hosting app, allowing users to streamline their workflow and save time.

When most people think of index funds, they gravitate toward the S&P 500 and the Nasdaq Composite. It's no surprise that these benchmarks receive the most attention.