Diamonds and Dogs

3/11/21

Bumble (BMBL) bubbles higher. The dating app is up 13% following earnings. The company lost a penny as sales rose 31% to $165.6 million. The founder and CEO Whitney Wolfe Herd, who is a billionaire thanks to their IPO, thinks 2021 is teed up to be a big year for the dating industry as people get vaccinated and go on the prowl for love.

Profit-taking in Oracle (ORCL). The world's second-largest software maker is down 7% following lackluster earnings and guidance. Oracle did increase thier quarterly dividend by 32 cents as the Board of Directors increased thier authorization for share repurchases by $20 billion.

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