Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Marqeta Processing Volumes Surge 32%
Marqeta Processing Volumes Surge 32%
August 07, 2024  |  Earnings

Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted...

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Robinhood Surfs Meme Stock Wave With Retail and Crypto
Robinhood Surfs Meme Stock Wave With Retail and Crypto
August 07, 2024  |  Earnings

On Monday (Aug. 5), the platform powering 24-7 trading for brokers like Robinhood went offline. The platform, Blue Ocean, is the infrastructure provider responsible for...

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Shopify: Retailers Demand More Omnichannel Features Unifying Digital and Physical
Shopify: Retailers Demand More Omnichannel Features Unifying Digital and Physical
August 07, 2024  |  Retail

As consumers demand a seamless experience across both eCommerce and brick-and-mortar channels, Shopify is seeing its customers expect more features that bring digital-like capabilities to...

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Lyft Launches Price Lock Subscription Amid Surge in Ridership
Lyft Launches Price Lock Subscription Amid Surge in Ridership
August 07, 2024  |  Earnings

Ride-hailing platform Lyft on Wednesday (Aug. 7) announced performance benchmarks in the second quarter, reflecting strong engagement from both riders and drivers. The company reported a record...

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FIS Sees Record Sign-Ups for Core Banking Products
FIS Sees Record Sign-Ups for Core Banking Products
August 07, 2024  |  Earnings

FIS says it is on pace to have a record year for sign-ups to its core banking offering. It’s a trend driven by “competitive takeaways” and...

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Coupang Prioritizes Deepening Customer Engagement Over Acquisition
Coupang Prioritizes Deepening Customer Engagement Over Acquisition
August 07, 2024  |  Earnings

Around the world, eCommerce companies look to grow their share of consumers’ overall retail spending. For Coupang, the real opportunity lies in boosting current customers’...

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Payoneer Pays $61 Million for HR/Payroll Platform Skuad
Payoneer Pays $61 Million for HR/Payroll Platform Skuad
August 07, 2024  |  Acquisitions

Small-business-focused FinTech Payoneer has acquired Singapore-based payroll/HR platform Skuad for $61 million. The deal is designed to bolster Payoneer’s efforts to serve as a “business-grade financial stack” for small...

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MoneyLion Continues to Play Winning Hand With Middle-Income Americans
MoneyLion Continues to Play Winning Hand With Middle-Income Americans
August 07, 2024  |  Digital-First Banking

The MoneyLion business model pivot continues. A year after posting substantial losses as a neobank, the financial services portal rode its new business model to...

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Airbnb: Travelers Delay Booking Accommodations Amid Macro Uncertainty
Airbnb: Travelers Delay Booking Accommodations Amid Macro Uncertainty
August 06, 2024  |  Travel Payments

Airbnb has seen shorter booking lead times in recent weeks, with customers around the world booking their accommodations closer to their expected time of arrival....

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