└── README.md /README.md: -------------------------------------------------------------------------------- 1 | Documenting The 2016 Tech Bubble 2 | ================================ 3 | 4 | Documenting the burst of the 2016 tech bubble. This is - by definition - a work in progress. I will try to keep this list updated. 5 | 6 | ### Feb 5 7 | 8 | * **[NYSE:DATA](https://www.google.com/finance?q=NYSE%3ADATA&ei=RvK1VuHKMIvKUeHouqAO)** [Tableau Software Inc.'s](http://www.tableau.com/) *(2.99B)* stock tanks by almost **50%** due to missed growth expectations. 9 | > The company reported quarterly earnings late Thursday afternoon and said that year-over-year licensing revenue slowed to 31% growth, from 64% year-over-year just 6 months ago. 10 | 11 | **Source**: [Software company Tableau has lost almost half its value overnight](http://uk.businessinsider.com/tableau-software-stock-plummets-50-2016-2?r=US&IR=T); **HN**: [Tableau stock down almost 50%](https://news.ycombinator.com/item?id=11042482) 12 | 13 | * **[NYSE:LNKD](https://www.google.com/finance?q=NYSE%3ALNKD&ei=sfu1VtLVPMG_U-ijnogE)** [LinkedIn](https://www.linkedin.com/) *(25.88B)* plunges **44%**, decreasing the company's value by almost **$10B**. LinkedIn reported a loss of $0.06 per share. 14 | 15 | > It projected full-year revenues at $3.6 billion to $3.65 billion, versus $3.9 billion expected. 16 | 17 | **Source**: [LinkedIn plunges 44%](http://uk.businessinsider.com/linkedin-earnings-q4-2016-2?r=US&IR=T); **HN**: [LinkedIn shares drop 40%, erasing $10B of company's value](https://news.ycombinator.com/item?id=11042278); **Earnings**: [LinkedIn Announces Fourth Quarter and Full Year 2015 Results](http://finance.yahoo.com/news/linkedin-announces-fourth-quarter-full-210500357.html) 18 | 19 | * **[NASDAQ:SWIR](https://www.google.com/finance?q=Sierra+Wireless&ei=0_u1Vtm1KsWdUpisp5AO)** [Sierra Wireless, Inc.](http://www.sierrawireless.com/) *(465.38M)* tumbles **24%** on reported 4th-quarter loss. 20 | 21 | > Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) reported a $383,000 quarterly loss, which equates to a loss of about $0.01 per share. [...] Additionally, revenue also fell short of expectations, as the company posted just $144.8 million for the quarter, well short of analysts’ expectations of $149.9 million. 22 | 23 | **Source**: [Sierra Wireless, Inc. (USA) (SWIR) Stock Tumbles 24% on Reported 4th-Quarter Loss](http://ir.net/news/stock-news/123574/sierra-wireless-inc-usa-swir-stock-tumbles-24-on-reported-4th-quarter-loss/); **Earnings**: [Sierra Wireless Quarterly Reports](http://www.sierrawireless.com/company/investor-information/quarterly-results/) 24 | 25 | * **[NASDAQ:PLUS](https://www.google.com/finance?q=NASDAQ%3APLUS&ei=6Pu1VoGpHMLAUamosegO)** [ePlus Inc.](http://www.eplus.com/) *(660.64M)* is down **17%** after a disappointing earnings announcement. 26 | 27 | > The company reported $1.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.77 by $0.37. 28 | 29 | **Source**: [ePlus Inc. (PLUS) Sets New 12-Month Low on Disappointing Earnings](http://www.financial-market-news.com/eplus-inc-plus-sets-new-12-month-low-on-disappointing-earnings/798371/); **Earnings**: [Edited Transcript of PLUS earnings conference call or presentation 4-Feb-16 9:30pm GMT](http://finance.yahoo.com/news/edited-transcript-plus-earnings-conference-140954802.html) 30 | 31 | * **[NASDAQ:CALD](https://www.google.com/finance?q=NASDAQ%3ACALD&ei=-Pu1VqvIKcaJU5aBvMgN)** [Callidus Software Inc.](http://www.calliduscloud.com/) *(879.24M)* drop **16%** **despite** meeting analysts' expectations. 32 | 33 | > Callidus Software (NASDAQ:CALD) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The business earned $44.30 million during the quarter, compared to analysts’ expectations of $42.62 million. 34 | 35 | **Source**: [Callidus Software Inc. (CALD) Downgraded by Zacks Investment Research](http://www.financial-market-news.com/callidus-software-inc-cald-downgraded-by-zacks-investment-research/800407/) 36 | 37 | > The losses send Callidus Software Inc. down to a market cap of $743.9 million. In the last year, Callidus Software Inc. has traded between $21.64 and $12.26, and its 50-day SMA is currently $18.32 and 200-day SMA is $16.63. 38 | 39 | **Source**: [Callidus Software Inc. (CALD) Drops 15.68% on February 05](https://www.equities.com/news/callidus-software-inc-cald-drops-15-68-on-february-05) 40 | 41 | * **[NASDAQ:QLIK](https://www.google.com/finance?q=Qlik+Technologies&ei=Cfy1VqOZAtSSUMPdgsgK)** [Qlik Technologies Inc](http://www.qlik.com/) *(2.28B)* is down almost **15%**. 42 | 43 | > Analysts await Qlik Technologies Inc (NASDAQ:QLIK) to reports earnings on February, 11 after the close. They expect $0.29 earnings per share, 0.00% or $0.00 from last year’s $0.29 per share. QLIK’s profit will be $31.72M for 18.28 P/E if the $0.29 EPS becomes reality. After $-0.10 actual earnings per share reported by Qlik Technologies Inc for the previous quarter, Wall Street now forecasts -390.00% EPS growth. 44 | 45 | **Source**: [Qlik Technologies Inc Declines Again; Strong Momentum for Sellers](http://sonoranweeklyreview.com/qlik-technologies-inc-declines-again-strong-momentum-for-sellers/) 46 | 47 | * **[NASDAQ:ADBE](https://www.google.com/finance?q=NASDAQ%3AADBE&ei=F_y1VtGCLovKUeHouqAO)** [Adobe Systems Incorporated](http://www.adobe.com/) *(43.04B)* is down **8%** despite being given a A+ credit rating and a four star stock rating. 48 | 49 | > Adobe Systems (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, December 10th. The software company reported $0.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.02. 50 | 51 | **Source**: [Adobe Systems Incorporated (ADBE) Given A+ Credit Rating](http://www.financial-market-news.com/adobe-systems-incorporated-adbe-given-a-credit-rating/801811/) 52 | 53 | * **[NASDAQ:AMZN](https://www.google.com/finance?q=NASDAQ%3AAMZN&ei=Ofy1VpGsNc-MUrSEqOAC)** [Amazon.com, Inc.](http://www.amazon.com/) *(252.66B)* is down over **6%**. 54 | 55 | #### Disclaimer 56 | 57 | I'm not an expert, but I don't think you have to be one to realize that **there is** in fact a tech bubble. I double-checked the above numbers, but I might have missed something. 58 | 59 | #### License 60 | 61 | The MIT License (MIT) 62 | Copyright (c) 2016 Alexander Gugel 63 | --------------------------------------------------------------------------------