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The Latest Breaking News from Upwork

Top Software Stocks Set to Dominate May Investments

The integration of cutting-edge technologies to support and improve business operations and an increase in IT spending is expected to drive the software sector’s growth. Against this backdrop, fundamentally strong software stocks such as GoDaddy (GDDY), DocuSign (DOCU), and Yalla Group (YALA) could be solid portfolio additions this month. Read…

Unusual Options Activity: 2 Stocks. 1 ETF. Big Money.

Unusual Options Activity: 2 Stocks. 1 ETF. Big Money.

The jobs market added 175,000 positions in April, 58,000 less than economists consensus. That should be good for the markets. On Thursday, there were two stocks and one ETF with unusually active options worth checking out heading into the weekend.

3 Internet Stocks Heading Towards April Profits

3 Internet Stocks Heading Towards April Profits

The internet industry is experiencing significant growth due to the surge in internet penetration globally and rapid digitalization across multiple sectors, fueling demand for internet-based solutions. Thus, investors could consider buying top internet stocks Angi (ANGI), Upwork (UPWK), and Similarweb (SMWB) for substantial profits this month. Read more.

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Exploring the Best Freelancing Websites: Your Ultimate Guide for 2024

The freelancing industry is showing remarkable growth, with over one-third of the U.S. workforce now turning to freelance jobs, and the annual salary for the average freelancer is reported to be around $67,000.

World's first ethical hacking marketplace launched by Zerod

The world's first hacker marketplace for businesses launches. Find out why Zerod is shaking up the industry for pen-testing.

The gig economy has been steadily booming over the last decade. Millennials and Gen Zers helped it reach new heights in 2023

64 million Americans freelanced this year—an all-time high since freelancing platform Upwork began looking at such data a decade ago.

This Company's Strategic Pivot to AI Could Lead to Massive Profit Growth

There are many ways for a company to approach the use of AI. They can integrate it in their products, inform their own strategic business decisions (such as those made in the M&A arena) and they can use it to enhance their customers' experience. But few companies are embracing the…

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The Rise of Freelance and Part-Time Work in America: Reasons and Trends

The workforce is changing as more people choose to work part-time and freelance jobs; now, little more than one-third of us are employed in one of these roles.

3 Internet Stocks Outperforming Shopify (SHOP)

3 Internet Stocks Outperforming Shopify (SHOP)

Shopify (SHOP) reported higher earnings and revenue during the second quarter as it lowered costs and increased the prices of its services. Despite its positive outlook, the company will likely face headwinds from uncertain macroeconomic conditions and rising competition. However, given the internet industry’s long-term growth prospects, I have discussed…

3 Breakout Stocks That Should Be On Your Small-Cap Watchlist

3 Breakout Stocks That Should Be On Your Small-Cap Watchlist

Small-cap stocks have underperformed as a group this year, but Rocket Lab, Freshworks, and Upwork are a few standout names that growth-minded investors should be watching at current levels.

Risky Business? Upwork (UPWK) Stock Could Still Be a Contrarian Investor's Dream

Risky Business? Upwork (UPWK) Stock Could Still Be a Contrarian Investor's Dream

Although it’s only natural to question Upwork and its relatively aspirational business, both options sentiment and the broader fundamentals may point to upside for UPWK stock.

TikToker Shares How to Make Easy $124 a Day, Plus 3 Side Hustles For Easy Cash

TikToker Shares How to Make Easy $124 a Day, Plus 3 Side Hustles For Easy Cash

A TikToker may have found a golden opportunity by working for Amazon Flex, without actually doing any work.

One type of company is adopting generative A.I. faster than all others

One type of company is adopting generative A.I. faster than all others

Concerns about privacy, security, and accuracy may explain the difference.

Upwork (UPWK) and Fiverr (FVRR): Two Ways of Approaching the Same Problem

Upwork (UPWK) and Fiverr (FVRR): Two Ways of Approaching the Same Problem

While an argument can be made that either Upwork or Fiverr is superior to the other, the reality is that both UPWK and FVRR represent very similar investments.

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How to Hire a Remote Developer: Top Factors to Keep in Mind

Hiring a remote developer can be an excellent decision for several reasons. Firstly, it broadens your pool of potential candidates beyond the geographic limitations of your local area, enabling you to recruit the best talent from all over the world. This, in turn, can result in a more diverse and…

5 side hustles you can do from home that can earn you an extra $20,000 per year

Side hustles can help you explore your hobbies and pad your budget.

How To Empower Millions of Independent Workers

Deregulation can help the millions of people who prefer flexible, independent jobs.

Forget a return to office: we're living in the age of side hustles

Freelancing has reached an all-time high, especially among Gen Z and millennials.

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Are Cannabis Companies Paying Their Contractors?

Fully 36% of the American workforce freelanced in 2021, according to Upwork's 2021 Freelance Forward report, and they generated $1.3 trillion for the economy, a $100 million increase from 2020.

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Work therapy: can a cyber-commuter prepare a retail employee for life as a digital nomad?

Luisa Tulouna works at a market but wants to immerse herself in a culture she loves. Remote work is Diego Bejarano Gerke’s day job. In their session he tells her how to stop her dream becoming a logistical nightmare

Meta Remains Adamant On NFT Push In Contrast With Google, Apple To Secure Its Metaverse Ambitions

Meta Platforms, Inc (NASDAQ:META) pushed ahead with plans to launch access to digital collectibles to its 3 billion users amid the crypto meltdown, the Financial Times reports. Meta would in no way adjust its plans around so-called non-fungible tokens, said new fintech head Stephane Kasriel in an interview with FT. The efforts are…

Passive income: How you can make more money with little effort during the cost of living crisis

We're all looking for ways to bolster our pay packet while making money stretch further, so why not try out some of these insightful ideas?

7 Analysts Have This to Say About Upwork

Analysts have provided the following ratings for Upwork (NASDAQ:UPWK) within the last quarter:

Looking Into Upwork's Return On Capital Employed

Benzinga Pro data, Upwork (NASDAQ:UPWK) reported Q1 sales of $141.34 million. Earnings fell to a loss of $24.74 million, resulting in a 9.67% decrease from last quarter.

Upwork Stock Shines On Q1 Growth, Expects Strong Q2 Performance

Upwork Inc (NASDAQ:UPWK) reported first-quarter revenue growth of 24% year-over-year to $141.3 million, beating the consensus of $136.47 million. Marketplace revenue was $129.4 million (+24% Y/Y), and Managed services revenue was $11.9 million (+33% Y/Y). The gross margin was flat at 73%. Adjusted EBITDA loss was $(0.4) million, compared with adjusted EBITDA…

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