Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 21.1% in the morning session after the company ...
Chegg is trying to avoid becoming its first major victim. Then came ChatGPT. Suddenly students had a free alternative to the ... quarter financial results at 1:30 p.m. Pacific Time (4:30 p.m ...
Here's all that's fit to print — digitally that is — in local Bay Area business this Thursday morning in mid-November.
The AI revolution already claimed hundreds of jobs at the online tutoring company. Now it could save its business.
Santa Clara-based education tech company announced plans to slash its workforce by 21% this week and the CEO put part of the ...
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by ...
Chegg (CHGG – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Jeffrey Silber ...
Online study and academic help platform Chegg (NYSE:CHGG) reported Q3 CY2024 results beating Wall Street’s revenue expectations, but sales fell 13.5% year on year to $136.6 million. On the other hand, ...
Chegg (CHGG) issues downbeat guidance and plans workforce reduction as student's adoption of AI weighs on sales. Read more ...
Craig-Hallum analyst Alex Fuhrman lowered the firm’s price target on Chegg (CHGG) to $1.50 from $3 and keeps a Hold rating on the shares. The firm notes that revenues are declining faster than ...
Chegg, Bay Area online education company once worth $12 billion, is laying off hundreds of workers in a second cut this year.
"Technology shifts have created headwinds for our industry and Chegg's business specifically. Recent advancements in the AI ...