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2026-09-10 19:20 1d ago
2026-09-10 13:29 1d ago
Yelp nasazuje GPT-Live-1 pro hlasovou AI
YELP Yelp
FMP Stock News 78
Original source text
Yelp Host, powered by Yelp’s trusted data and now enhanced with GPT-Live-1, transforms restaurant call handling with the most natural voice AI experience available

Hatch’s purpose-built business intelligence, now with GPT-Live-1, brings a new generation of advanced voice AI to help service businesses book more jobs

SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced that it has integrated OpenAI’s GPT-Live-1 into two of its AI-powered business tools: Yelp Host, its voice AI solution for restaurants, and Hatch, its AI communication platform for service businesses. Yelp Host and Hatch are among the first solutions to deploy GPT-Live-1, OpenAI's latest voice model featuring a full-duplex voice architecture, which enables conversations to include natural pauses, interruptions, and overlapping speech.

Yelp and Hatch are among the first to advance voice AI for restaurants and service pros with OpenAI's GPT-Live-1, enabling more natural conversations that can handle interruptions, adapt to tone, and support nearly any language.

Share By integrating GPT-Live-1 as the front-end voice layer—the technology that interacts directly with callers—within each product’s deep business data and purpose-built intelligence, Yelp Host and Hatch deliver more natural conversations with reliable call handling that understands business context and takes action. Callers can interrupt, change topics mid-sentence, or speak to people in the background, and the AI quickly adapts. The voice AIs can also detect the caller’s tone, such as excitement, frustration or impatience, and respond appropriately. By layering Yelp Host and Hatch’s language enhancements on top of GPT-Live-1, the voice AIs can also now automatically detect and respond to callers in nearly any language, so no customers are missed due to a language barrier.

Since launching in October 2025, Yelp Host has handled more than 1 million calls for restaurants. For service businesses, Hatch manages tens of millions of leads across voice, text, email, and web, representing billions of dollars of value attributed to its customers annually.

“We’re excited to be among the first to integrate GPT-Live-1 into Yelp Host and provide the leading AI voice solution for restaurants,” said Akhil Kuduvalli Ramesh, chief product officer at Yelp. “Powered by our reliable business data and frontier tech stack, Yelp Host’s value to restaurants is not only how it sounds, but how deeply it understands each restaurant’s operations. With GPT-Live-1, every call is more conversational and responsive. Yelp Host now gives restaurants an advanced voice AI that delivers exceptional guest experiences, captures revenue opportunities they may have otherwise missed, and helps staff focus on serving guests instead of answering the phone.”

“Hatch is among the first platforms to integrate OpenAI’s GPT-Live-1, and we’re thrilled to deliver a new, more natural real-time voice AI experience for service businesses,” said Chris Bache, co-founder and chief executive officer at Hatch. “Great voice AI requires more than a great voice model. We’ve dedicated years to building the intelligence that understands how service businesses operate, from technician availability and service areas to scheduling rules and emergency routing. GPT-Live-1 transforms how the conversation feels, and Hatch provides the operational intelligence that turns those conversations into booked jobs.”

“We’re bringing GPT-Live-1 to the API so developers can build more natural, powerful voice experiences by pairing it with their choice of models and tools,” said Teri Yu, multimodal product lead at OpenAI. “It’s exciting to see customers like Yelp and Hatch use these capabilities to solve everyday problems for local businesses—from handling reservation calls to scheduling repairs—and bring the benefits of AI to more people."

Yelp Host Delivers a More Capable Voice Experience for Restaurants

Yelp Host with GPT-Live-1 now provides the most advanced, natural-sounding voice experience available for restaurants. Yelp’s proprietary technology stack, trained on each restaurant's business and operational data—including business information on Yelp, reservation availability, food ordering, menu specials, seating areas, and more—differentiates Yelp Host and enables the solution to handle calls with skill and context so staff can focus on serving guests. In production testing at scale, initial results show an improvement in call-handling and a reduction in call transfers.

With the addition of GPT-Live-1, callers now experience a more natural conversational flow, improved turn-taking, and smoother handling of interruptions and background noise. This is reflected in more Yelp Host callers speaking in full, natural sentences during early testing, rather than short voice commands. GPT-Live-1 also delivers sharper post-call transcription accuracy, giving restaurant operators cleaner records of every conversation.

Hatch Elevates the Voice AI Experience for Service Businesses

Hatch's voice AI is built on the same operational logic service businesses already run on. Whether handling a customer service call or qualifying a lead, the agent diagnoses the issue quickly, verifies service area and job details, and uses real-time availability to book appointments. By bringing that operational intelligence together with GPT-Live-1, Hatch’s voice AI delivers more natural conversations that understand business context and result in more booked appointments, faster problem resolution, and higher customer satisfaction.

Hatch’s agents are designed to provide the level of service customers expect, from reaching out with annual service reminders to building new relationships with the tens of millions of leads businesses bring in from third-party sources.

Today's announcement reflects Yelp's broader efforts to deliver smarter, purpose-built AI tools that help local businesses grow and operate more efficiently. From Yelp Host handling reservations and food orders to Hatch powering lead conversion for service businesses, Yelp is building advanced voice AI solutions grounded in real business data that drive measurable results to help businesses succeed.

Additional Information and Assets

For more details about how GPT-Live-1 is enhancing Hatch’s voice AI product and Yelp Host, read the blog on Hatch here, view the Hatch product page here, and explore the Yelp Host product page here. Demos are available for download here. For further information about Yelp, visit the company's Fast Facts page.

About Yelp Inc.

Yelp Inc. (yelp.com) is a community-driven platform that connects people with great local businesses. Millions rely on Yelp to inform their spending decisions and get things done. By combining authentic human content with AI technologies, including Yelp Assistant, Yelp helps people move seamlessly from discovery to taking action, whether it’s requesting quotes from service pros, making reservations, ordering food, scheduling appointments, or connecting with the right businesses for their needs. Yelp was founded in San Francisco in 2004.

About Hatch

Hatch (usehatchapp.com), a Yelp company, is an AI-powered communications platform built for service businesses. By combining conversational AI with purpose-built operational intelligence, Hatch helps businesses turn customer demand into action across voice, text, email, and web. Its AI agent-powered CSRs engage leads, answer and qualify calls, nurture opportunities, and book appointments 24/7, all while integrating with the systems businesses rely on to run their operations. Hatch helps service businesses deliver exceptional customer experiences, convert more opportunities into booked jobs, and build lasting customer relationships. Hatch was founded in 2018 and joined Yelp in 2026.

Forward-Looking Statements

This press release contains forward-looking statements relating to, among other things, Yelp’s future product plans, including the ability of its investments and initiatives to drive profitable long-term growth and shareholder value, which are based on its current expectations, forecasts, and assumptions that involve risks and uncertainties.

Factors that could cause or contribute to such differences also include, but are not limited to, those factors that could affect Yelp’s business, operating results, and stock price included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Yelp’s most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q at yelp-ir.com or the SEC’s website at sec.gov.

More News From Yelp Inc.
2026-08-09 20:01 1mo ago
2026-08-09 14:04 1mo ago
Yelp zvýšil tržby, zisk klesl a výhled zúžil
YELP Yelp
FMP Stock News 78
Original source text
3 hot mid-caps set to report Q3 earningsYelp NYSE: YELP reported second-quarter revenue growth of 1% year over year as the company increased investment in artificial intelligence-driven products, data licensing and lead-management offerings while navigating what executives described as a challenging environment for local businesses.

Second-quarter net revenue rose to $376 million, exceeding the high end of the company’s outlook range by $8 million. Net income declined 28% from a year earlier to $32 million, or an 8% net income margin. Adjusted EBITDA fell 9% to $91 million, representing a 24% margin and coming in $16 million above the high end of Yelp’s outlook range.

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Are Dividend-Paying Office REITs Finally Staging A Comeback?Chief Executive Officer Jeremy Stoppelman said the company is advancing an AI transformation aimed at making local discovery more conversational, providing new tools for businesses and expanding Yelp’s content distribution through partnerships.

Advertising Revenue Reflects Local-Business Pressures Advertising trends remained pressured during the quarter. Services advertising revenue was flat year over year at $241 million, while restaurant, retail and other, or RR&O, advertising revenue declined 10% to $102 million.

Paying advertising locations fell 1% year over year to 510,000, as services locations remained flat and RR&O locations declined. Ad clicks decreased 5%, driven by fewer clicks in RR&O categories, though services-category clicks increased slightly. Average cost per click rose 1%, which Chief Financial Officer David Schwarzbach attributed to services clicks comprising a larger portion of total clicks.

Chief Operating Officer Jed Nachman said paying advertiser location trends showed improvement from the first quarter. Restaurant advertiser locations posted their strongest performance in several years, while services advertiser locations were flat. Still, Nachman said local businesses continue to contend with inflation, gas costs and other input-cost pressures, and the company does not expect a major turnaround in the broader local economy in the near term.

Other Revenue Nearly Doubles on AI Offerings Other revenue increased 98% year over year to a record $33 million. The growth reflected contributions from Hatch, Yelp’s lead-management business acquired in February, as well as growth in data licensing and food-order revenue.

Hatch’s annual revenue run rate reached $35 million in June, up 59% year over year. Stoppelman said Yelp significantly expanded the Hatch team during the second quarter to accelerate the product roadmap, though the expansion created what he described as an adjustment period during the quarter. The company saw improved trends in July.

Schwarzbach said Yelp is investing in Hatch across product, engineering and go-to-market functions as it seeks to scale what had been a startup operation. He said the company believes Hatch’s longer-term margin profile could resemble that of other subscription businesses, though Yelp intends to continue investing in the near term to pursue the market opportunity.

Yelp is targeting an annual run rate of $250 million in other revenue by the end of 2028. Schwarzbach said the company views AI-driven offerings, including Yelp Host, Hatch and data licensing, as important contributors to that objective.

Yelp Host, OpenAI Partnership Expand Product Reach Yelp Host, the company’s AI-powered call-answering service for restaurants, reached an annual run rate of 2.4 million calls handled in July, more than tripling from January. The company added support for 16 new languages and introduced an OpenTable integration that allows callers to book and manage reservations automatically through Yelp Host.

Yelp also added food-ordering functionality with point-of-sale integration, enabling restaurants to take pickup orders by phone without added fees. Stoppelman said the product has created positive synergies with Yelp’s restaurant sales efforts, which include Yelp Ads and Yelp Guest Manager, although he said it remains early and Yelp Host has not materially changed the company’s restaurant advertising business.

On the consumer side, Stoppelman said Yelp saw improvements in app installs and page views. Yelp Assistant, its conversational product across local categories, showed early positive engagement trends. In services, the assistant contributed to approximately 10% year-over-year growth in project submissions, according to the company.

Yelp also said its ratings and reviews began powering ChatGPT’s local experience in relevant categories through its OpenAI partnership. A Request a Quote integration with ChatGPT is expected to launch soon. Stoppelman said the relationship could become a meaningful distribution channel over time, though he characterized traffic and conversion data from the integration as too early to assess.

He said Yelp has also benefited from product work on search engine optimization, higher app downloads, partner-network traffic and what he described as positive Google algorithmic changes favoring user-generated content. Yelp’s paid traffic activity is relatively limited compared with its overall organic traffic, he said.

Outlook Calls for Continued Investment Yelp expects the difficult environment for local businesses to continue through the remainder of the year, weighing on advertising revenue across categories. For the third quarter, the company forecast net revenue of $365 million to $370 million and adjusted EBITDA of $70 million to $75 million.

For the full year, Yelp narrowed its revenue outlook to $1.460 billion to $1.470 billion and its adjusted EBITDA outlook to $315 million to $325 million. The company expects expenses to increase sequentially in the third quarter as it invests in its AI strategy, Hatch and consumer marketing.

Yelp repurchased $15 million of stock in the second quarter at an average price of $24.92 per share and approximately $25 million more in the third quarter, bringing year-to-date repurchases to about $200 million. The company said it has paused repurchases to pay down its revolving credit facility and expects to resume buybacks in 2027. Yelp had $339 million remaining under its existing repurchase authorization.

About Yelp (NYSE:YELP)Yelp is a digital platform that connects consumers with local businesses through user-generated reviews, ratings and multimedia content. The company's flagship offerings include the Yelp website and mobile applications for iOS and Android, where users can search for and discover restaurants, shops, service providers and other points of interest. In addition to crowd-sourced reviews and photographs, Yelp provides business profile pages featuring hours, contact information, menus and direct messaging capabilities.

Yelp generates revenue primarily through advertising services sold to small and medium-sized enterprises.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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2026-08-07 00:40 1mo ago
2026-08-06 20:12 1mo ago
Yelp ve 2. čtvrtletí překonal odhady zisku i tržeb
YELP Yelp
FMP Stock News 78
Original source text
Yelp (YELP - Free Report) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +93.75%. A quarter ago, it was expected that this online business reviews company would post earnings of $0.26 per share when it actually produced earnings of $0.36, delivering a surprise of +38.46%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Yelp, which belongs to the Zacks Internet - Content industry, posted revenues of $375.52 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.74%. This compares to year-ago revenues of $370.39 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Yelp shares have lost about 15.5% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for Yelp?While Yelp has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Yelp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.57 on $372.56 million in revenues for the coming quarter and $1.79 on $1.46 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Content is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Similarweb (SMWB - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 12.

This digital intelligence company is expected to post quarterly earnings of $0.03 per share in its upcoming report, which represents a year-over-year change of +200%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Similarweb's revenues are expected to be $75.5 million, up 6.4% from the year-ago quarter.