HubSpot, headquartered in Cambridge, MA, specializes in providing sales and marketing software to small and midsize businesses, leveraging digital channels such as blogs, search engines and social media. Its diversified offerings include CRM and payment services, making it an attractive asset for Alphabet. The potential deal, reported earlier in April, would have been GOOGL's largest-ever acquisition, with HubSpot reportedly valuing about $35 billion at that time. For HubSpot, an acquisition by Alphabet cou ...

It's never pleasant for a shareholder to learn that a potential high-premium takeover of one of their investments has been scratched. Unfortunately for HubSpot (HUBS -12.12%) investors, that's exactly what happened on Wednesday. On the news, market players aggressively sold out of the shares, leaving HubSpot with a 12% decline in price on the day. Bloomberg reached out to Alphabet and HubSpot for comment; neither offered any. It is not clear how much the deep-pocketed Alphabet would have been willing to spe ...

HubSpot (HUBS) shares tumbled after reports that Google parent Alphabet (GOOGL) is no longer pursuing an acquisition of the customer relationship management (CRM) company. HubSpot Would Have Been Alphabet's Largest-Ever Acquisition HubSpot and Alphabet did not immediately respond to Investopedia's request for comment. HubSpot shares fell Wednesday after reports that Google parent company Alphabet is no longer interested in buying the customer relationship management company. Google stopped its efforts to bu ...

Meanwhile, Alphabet hasn't enjoyed 20% revenue growth since early 2022. It instead reported revenue growth of 15% year over year in its last fiscal quarter. Google itself has faced repeated accusations of violating anti-monopoly laws as a result of its deals with phone makers and browsing companies to make its search engine the default for customers. HubSpot is best known for developing software for small and medium-sized businesses for use in both marketing and customer acquisition. Experts speculated that ...

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According to Bloomberg, Alphabet was in talks with HubSpot earlier this year, "but the sides didn't reach a point of detailed discussions about due diligence," the report said, citing people with knowledge of the matter. Alphabet, meanwhile, hasn't topped 20% growth since early 2022. Revenue in the latest period rose 15% from a year earlier to $80.54 billion. Google is no stranger to competition regulation. The U.S. Justice Department and a collection of state attorneys general accused Google of violating a ...

On Friday, rumors of some kind of cyberattack against HubSpot began circulating on social media. When reached for comment, HubSpot spokesperson Camille Uzel told TechCrunch that on June 22 the company "identified a security incident that involved bad actors targeting a limited number of HubSpot customers and attempting to gain unauthorized access to their accounts." Do you have more information about the Evolve breach and how it's impacting partner companies? From a nonwork device, you can contact Lorenzo F ...

However, you don't have to invest in the latest trends. Buying and holding companies that operate in growing industries can still result in plenty of returns. While social media was innovative upon its introduction, it's easy to take it for granted. Social networks still have plenty of growth opportunities left as more users flock to their platforms. Meta Platforms (META) Meta Platforms (NASDAQ:META) has been a social media leader for decades. Facebook, Instagram and WhatsApp have billions of users and gene ...

This cloud-based marketing and sales software platform is expected to post quarterly earnings of $1.63 per share in its upcoming report, which represents a year-over-year change of +21.6%. Revenues are expected to be $618.14 million, up 16.8% from the year-ago quarter. HubSpot is a member of the Zacks Internet - Software industry. One other stock in the same industry, EverCommerce (EVCM) , finished the last trading session 2% higher at $10.02. EVCM has returned -5.1% over the past month. The uptrend is prim ...

A month has gone by since the last earnings report for HubSpot (HUBS) . Shares have added about 1.9% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is HubSpot due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. HubSpot Q1 Earnings Beat Estimates on Solid Revenues HubSp ...