This year has seen a number of tech giants like Snap, Cloudera, and Roku, make the jump into public markets. Meanwhile, one lesser-known company, Alteryx, which made its IPO in March, is quietly raking in the gains. Dean Stoecker, CEO of Alteryx, an analytics platform for enterprises, joined Cheddar to explain what’s clicking for his company.
The company's stock is up significantly from its IPO price of $14 a share. Stoecker explains how Alteryx's uncoventional path to IPO set the analytics company up for a strong start. He says raising money is a weakness, not a strength. That's why it took him 14 years to take in investments, and 20 years to move into the public spotlight.
Stoecker says Alteryx is bringing the thrill back to analytics. The company has a giant list of customers, including Walmart and Boeing. The CEO breaks down how Alteryx is looking to change the way these companies interpret data.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!