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Investing in the best stocks to buy ahead of a bull run could take your portfolio to the next level. The S&P 500 has been on a killer run over the past 12 months, with more to come from potential interest rate cuts expected in September.
The gig economy is under pressure from AI's rising effectiveness, but I think the fears are overstated.
This company rides a powerful tailwind, adding convenience to businesses and workers worldwide.
From a technical perspective, Upwork (UPWK) is looking like an interesting pick, as it just reached a key level of support. UPWK recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
SAN FRANCISCO, May 09, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announced that CFO Erica Gessert will participate in a fireside chat at the Needham Technology, Media & Consumer Conference at The Westin Grand Central Hotel in New York City on Tuesday, May 14, 2024 at 9:45 a.m. PT/12:45 p.m.
Upwork Inc. NASDAQ: UPWK is the largest online freelancer platform in the world, with over 870,000 active clients. The computer and technology sector giant has been making a concentrated push to become a top artificial intelligence (AI) freelance work hub, partnering with OpenAI, GoDaddy Inc. NYSE: GDDY, and Constant Contact.
The average of price targets set by Wall Street analysts indicates a potential upside of 45.4% in Upwork (UPWK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Upwork CEO Hayden Brown joins CNBC's 'The Exchange' to discuss how Upwork is 'supercharging' AI, labor market outlooks, and more.
Start Time: 17:00 January 1, 0000 5:48 PM ET Upwork Inc. (NASDAQ:UPWK ) Q1 2024 Earnings Conference Call May 01, 2024, 17:00 PM ET Company Participants Hayden Brown - President and CEO Erica Gessert - CFO David Niederman - VP, IR Conference Call Participants Matt Condon - JMP Securities Matt Bottomley - Canaccord Eric Sheridan - Goldman Sachs Matt Farrell - Piper Sandler John Byun - Jefferies Jake Hallac - Citi Rohit Kulkarni - ROTH MKM Marvin Fong - BTIG Operator Good day, and thank you for standing by. Welcome to the Upwork Q1 2024 Earnings Conference Call.
Against a challenging macro backdrop, freelance work matters more than ever. And the innovations that support those freelancers have taken on a new prominence.