Markets
Apple Plans December ChatGPT Integration
Thursday 31st October - 8:38 pmApple outlined its artificial intelligence (AI) strategy during Thursday’s earnings call, announcing December plans for ...Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
Thursday 31st October - 4:04 pmIn the auto parts and retail industry, companies face unique challenges and opportunities as they ...Uber One Memberships Jump 78% as Company Eyes Non-City Growth
Thursday 31st October - 3:02 pmUber is looking beyond major cities for growth amid a jump in its membership program. The ...Roblox: Engaging Bigger Kids With Better Content Drives More Payments
Thursday 31st October - 2:24 pmYouth-focused video game and metaverse company Roblox is experience a growth spurt. Users over the ...Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
Thursday 31st October - 1:23 pmMastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid ...Coinbase Wants to Turn Every FinTech Into a Crypto Company
Thursday 31st October - 10:58 amThere are a handful of publicly listed cryptocurrency companies in the United States. These firms tend ...Booking Holdings Reports 40% Increase in ‘Connected Trip’ Transactions
Wednesday 30th October - 10:37 pmBooking Holdings is seeing early results from growth initiatives while also recording better-than-expected gains in ...Starbucks Plans Revival Strategy as Customer Visits Decline
Wednesday 30th October - 10:06 pmFacing declining customer visits, Starbucks is set to embark on a restorative journey to reclaim ...Meta’s Zuckerberg Touts AI Progress but Warns of ‘Serious Infrastructure’
Wednesday 30th October - 9:27 pmThe old saying is you’ve got to spend money to make money. For Meta, notching a ...Robinhood Reaches for More Wallet Share With New Products
Wednesday 30th October - 7:10 pmRobinhood Markets has made its name as a place for younger investors to day trade ...The CPG Playbook: Pivoting for Shifting Consumer Demands
Wednesday 30th October - 4:18 pmWith the fourth quarter now underway, major players in the consumer packaged goods (CPG) industry ...Fiverr Revenue Soars as Freelancers Seek Bigger Projects
Wednesday 30th October - 2:19 pmFiverr shares rocketed ahead by roughly 30% on Wednesday morning (Oct. 30) after third-quarter results ...Visa Direct Transactions Leap 38%, Tokens Pass 11.5 Billion Milestone
Tuesday 29th October - 9:39 pmVisa’s fiscal fourth quarter results underscored the payment network’s traction beyond card payments, as new ...Alphabet’s Pichai: AI Drives User Engagement and Growth; Monetization to Follow
Tuesday 29th October - 8:30 pmAlphabet held its quarterly earnings call today (Oct. 29) and like the past few such ...Snap Seeks Deeper Customer Engagement via Simplified Version of Snapchat
Tuesday 29th October - 7:46 pmIn a digital world where simplicity is king, Snap, the parent company of Snapchat, introduced ...Private-Label Card Trends May Signal Uneven Holiday Spending
Tuesday 29th October - 5:57 pmPrivate-label credit cards, or store cards, make up a small percentage of overall consumer credit. The ...PayPal Reports BNPL Bounce, More Focus on Financial Services
Tuesday 29th October - 3:48 pmWith its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the ...SoFi Money Accounts Surge 54% as Monetization Across All Products Continues
Tuesday 29th October - 3:03 pmSoFi Technologies’ cross-selling continues, and certain trends seem well in place as the interest rate ...Stride and Tesla Gain, but CE 100 Slips 1.4% Amid Market Volatility
Monday 28th October - 4:00 amAnd now earnings season is here, in full swing, and a series of double-digit advances ...Nasdaq CEO Expects IPOs to Pick Up Steam in 2025
Sunday 27th October - 10:31 pmWhile this year hasn’t seen an initial public offering (IPO) rebound, the CEO of Nasdaq ...US Airlines, Hotels Lean Into Digital Tools Amid Uptick in Corporate Travel
Friday 25th October - 5:31 pmAs business travel rebounds in the United States, airlines are reaping the benefits of renewed ...FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033
Friday 25th October - 4:00 amFor FinTechs in general, and the FinTech IPO Index in particular, this past week has ...CapOne CEO Says Consumers in ‘Good Shape’ as Card Purchases Surge
Thursday 24th October - 9:18 pmCapital One’s most recent quarterly earnings, posted Thursday (Oct. 24) after the bell, indicated that ...Connecting With Consumers: Hasbro and Mattel Embrace Digital Strategies
Thursday 24th October - 8:14 pmAs Hasbro and Mattel revamp their strategies, the toy industry is entering a phase driven ...KDP’s Ghost Acquisition and Coca-Cola’s AI Pivot to Personalized Ads Highlight Industry Strategies
Thursday 24th October - 4:08 pmKeurig Dr Pepper (KDP) and The Coca-Cola Company are adapting to changing consumer preferences. KDP’s ...WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
Thursday 24th October - 12:11 pmThe contemporary operating landscape is increasingly defined by both resilience and vulnerability. These two themes were ...Western Union’s Digital Business Sees 15% Growth in Transactions
Wednesday 23rd October - 9:55 pmWestern Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue ...LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
Wednesday 23rd October - 9:39 pmLendingClub’s latest quarterly results show an acceleration of loan originations, and banks have moved back ...Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
Wednesday 23rd October - 1:44 pmInvestment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth ...Fiserv Earnings Highlight Embedded Finance and Pay-by-Bank Pacts
Tuesday 22nd October - 8:18 pmFiserv’s latest third quarter results showed growth in its core point-of-sale solutions — and long-term ...Earnings Season Shows Consumer Pressures on Auto Loan Payments
Monday 21st October - 1:03 pmEarnings reports this season, particularly from banks, have taken note of the resilience in consumer ...Fifth Third Bancorp Sees 10% Jump in Commercial Payment Business
Friday 18th October - 4:13 pmFifth Third Bancorp continues to see positive results from its commercial payments operation. The Ohio-based lender ...Ally Financial Warns of ‘Choppy’ Quarters as Auto Income Falls
Friday 18th October - 4:07 pmAlly Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” In a third-quarter earnings presentation Friday (Oct. ...Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
Friday 18th October - 2:11 pmFor American Express, as has been a longstanding trend, it’s the younger consumers, cards in ...Subscription Economy Faces New Consumer Expectations, Regulatory Demands
Friday 18th October - 1:41 pmWhile Netflix raised membership prices in Japan, Italy, Spain, and parts of Europe, the Middle ...Procter & Gamble CFO Sees ‘Right Price Levels’ in US Market Amid Global Challenges
Friday 18th October - 1:32 pmRecent challenges in key markets, particularly China and the Middle East, have significantly impacted sales ...Discover CFO: Cautious Consumers Cause Slide in Card Volume
Thursday 17th October - 3:29 pmDiscover Financial Service’s third-quarter earnings results offered evidence that an acquisition by Capital One is ...Regional Banks Report Credit Quality Remained Strong in Q3
Thursday 17th October - 11:52 amFour regional banks said Thursday (Oct. 17) that credit quality remained strong in the third ...Balance Sheet Optimization, Expense Discipline, Digital Growth Define Truist’s Quarter
Thursday 17th October - 11:22 amAfter weathering volatility in recent years, banks can now deploy excess capital, signaling confidence in ...US Bancorp Sees Stable Card Delinquencies and Commercial Revenue Boost
Wednesday 16th October - 11:54 amUS Bancorp’s latest quarter showed continued growth in card balances, resilience in what it has ...Synchrony Says Digital Mix Delivering Against Consumer Demand for Choice, Flexibility
Wednesday 16th October - 11:00 amIn uncertain times, certainty pays off. And in uncertain times, many consumers tend to look ...Albertsons Sees 24% Growth in Digital Sales Amid Expanded Offerings
Tuesday 15th October - 6:33 pmAlbertsons Companies saw its digital sales increase 24% during a quarter in which its identical ...Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
Tuesday 15th October - 6:12 pmCitigroup’s earnings Tuesday (Oct. 15) echo the sentiment of other banks that have reported in ...Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
Tuesday 15th October - 5:57 pmInterest rate cuts might have been on the mind of the Wall St. analysts gathered ...PNC Expects Loan Growth After Fed’s Rate Cut
Tuesday 15th October - 5:39 pmPNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to ...LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
Tuesday 15th October - 4:53 pmLVMH saw quarterly sales dip amid an “uncertain economic and geopolitical environment.” The luxury retail giant ...As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
Tuesday 15th October - 1:54 pmAs is always the case when Wall Street heavy hitters weigh in with earnings, the ...Walgreens Rethinks Role of Pharmacy in Capturing Consumer Sales
Tuesday 15th October - 12:07 pmWalgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response ...UnitedHealth Commits to ‘Consumerization’ While Managing February’s Ransomware Fallout
Tuesday 15th October - 11:21 amCyberattacks can have a long impact, as UnitedHealth’s Tuesday (Oct. 15) earnings call revealed. In February ...JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
Friday 11th October - 4:33 pmAs 2024 draws to a close, and as evidenced by management remarks and data in ...BNY Clears Path for Cloud-Native Archer Acquisition
Friday 11th October - 10:01 amBNY is looking to add managed accounts and alternative and private market investment products as ...Delta’s Q3 Earnings Show 7% Growth in Corporate Travel
Thursday 10th October - 4:09 pmDelta Air Lines continues to demonstrate resilience in the business travel sector, building on strong ...Domino’s Says Value Remains Key to Growth in QSR Space
Thursday 10th October - 3:44 pmValue is the key to gaining share in the quick-service restaurant (QSR) space in today’s ...Thredd Says BNPL Growth Driven by Convenience, Flexibility and Transparency
Thursday 10th October - 2:02 pmPayments processor Thredd said Thursday (Oct. 10) that it saw year-over-year transaction growth of 20% in the ...Samsung Warns of Lower Earnings as Tech Giants Race to Meet Demand for AI
Wednesday 9th October - 6:18 pmWhen Samsung warned this week that its third-quarter profits would fall short of expectations, it ...ID.me Seeks $1.8 Valuation As ID Theft Threat Grows
Wednesday 9th October - 6:54 amID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News ...Dimon Says Regulators Make It Difficult for Companies to Go Public
Tuesday 8th October - 8:58 pmJPMorgan Chase CEO Jamie Dimon said Tuesday (Oct. 8) that regulators in the U.S. and the ...PepsiCo Adapts to Consumer Shift Toward Mini-Meals Amid Economic Pressures
Tuesday 8th October - 5:20 pmConsumer spending trends are evolving. Take, for example, eating habits. PepsiCo Tuesday (Oct. 8) reported ...Can Levi’s Win the D2C Game? Brand Bets Big on Direct Connection With Consumers
Monday 7th October - 5:34 pmLevi Strauss & Co. is evaluating the possible sale of its Dockers brand amid its ...Report: JPMorgan Chase Says Private-Equity Backed IPO Market Is Favorable
Wednesday 2nd October - 4:04 pmA top banker at JPMorgan Chase said that the initial public offering (IPO) market for ...PicPay Plans IPO Amid Brazil’s Digital Payments Revolution
Wednesday 2nd October - 10:34 amBrazilian digital bank PicPay is reportedly planning to go public in the U.S. next year. The company is ...With New CEO, Can Nike Just Do It Again? Not This Year
Tuesday 1st October - 10:11 pmThe consequences of its flawed direct-to-consumer (D2C) strategy continue to haunt Nike. As reported Tuesday ...Nike Faces Headwinds: Revenue Decline Looms Ahead of Tuesday’s Earnings
Monday 30th September - 3:30 pmAs Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. ...CarMax Focuses on Seamless Customer Experience to Grow Loyalty
Thursday 26th September - 3:06 pmAs CarMax adapts to a shifting automotive landscape, the company is focused on improving the ...Stitch Fix Hopes for Revenue Growth by 2026 as It Implements Transformation Strategy
Tuesday 24th September - 7:35 pmAs Stitch Fix, the online personal styling service, navigates a challenging retail landscape with a ...FedEx Tamps Down 2025 Outlook Despite Digital Transformation Efforts
Thursday 19th September - 7:56 pmIn some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, ...Darden Restaurants Faces Pressure to Improve Speed Amid Declining Sales
Thursday 19th September - 1:48 pmIn an increasingly fast-paced dining landscape, Darden Restaurants is under pressure to improve operational efficiency ...Rappi Expects to Be Ready for IPO in 12 Months
Monday 16th September - 8:56 pmRappi reportedly expects to be in a position to launch an initial public offering (IPO) ...Dollar General Looks to In-Store Experiences to Attract Consumers
Monday 16th September - 8:31 pmDollar General’s second-quarter results show the impact of inflation on its primary customer base, and ...Kohl’s Aims to Refine Its Image as a Top Value Hub for Families
Friday 13th September - 6:28 pmIn the face of a tough retail environment, Kohl’s is reshaping its identity to feature ...Adobe’s Firefly AI Hits 12 Billion Generations, Previews Video Creator
Friday 13th September - 6:02 pmAdobe’s Firefly Services are at the forefront of AI-driven innovation, now reaching a significant milestone ...Worldline Announces CEO Transition After Summer’s ‘Slow Trading Conditions’
Friday 13th September - 4:38 pmWorldline’s board of directors said Friday (Sept. 13) that Gilles Grapinet will step down as ...Car Payments Squeeze Consumers as Debt Mounts
Friday 13th September - 11:53 amThe money consumers saved during the pandemic has been spent. Savings are pressured, and credit ...FinTech IPO Index Breaks Even Despite Volatile Trading Week
Friday 13th September - 4:00 amEconomic data remained the key driving force behind stocks this past week, and the FinTech ...Mytheresa Leans into Digital Experiences and Global Events
Thursday 12th September - 4:21 pmFor Mytheresa CEO Michael Kliger, there was no doubt about his company’s performance during the fourth ...
Read More