Earnings

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

This Week in AI: Politics, Policies and Payments
This Week in AI: Politics, Policies and Payments
October 27, 2023  |  artificial intelligence

As another week has gone by, generative artificial intelligence (AI) continues to work its way further and further into daily life. The only problem, from...

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Universal Music Group Sees Paid Subscriptions Rise as Consumers Tune In
Universal Music Group Sees Paid Subscriptions Rise as Consumers Tune In
October 27, 2023  |  Subscription Commerce

Universal Music Group (UMG) is seeing increased revenue from paid subscription platforms amid decreases from free, ad-supported streaming services, suggesting that consumers may increasingly be...

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Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
October 27, 2023  |  Earnings

In the parlance of these times, and as earnings season commentary has pointed out, time and again: Consumer credit is normalizing. The question remains, however,...

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JPMorgan CEO Jamie Dimon to Sell 1 Million Shares
JPMorgan CEO Jamie Dimon to Sell 1 Million Shares
October 27, 2023  |  Banking

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon and his family plan to sell 1 million shares of JPMorgan stock. They are doing so for financial diversification...

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Hasbro Revamps Games for Cost Efficiency, Including Jenga 
Hasbro Revamps Games for Cost Efficiency, Including Jenga 
October 26, 2023  |  Retail

Hasbro, the toy manufacturer, is echoing Barbie-maker Mattel in cautioning that the upcoming holiday season might be lackluster, reflecting a trend of cautious consumer spending...

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Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
October 26, 2023  |  Amazon

Amazon’s third quarter results showed a rebound in online sales, with a 7% growth rate doubled by the 14% gain in subscription-related revenues. Earnings materials...

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Capital One Reports Delinquency Rate Back to Pre-Pandemic Level
Capital One Reports Delinquency Rate Back to Pre-Pandemic Level
October 26, 2023  |  Consumer Finance

The delinquency rate in Capital One’s domestic card business continued to rise in the third quarter and has returned to its pre-pandemic level. The 30-day performing...

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Chipotle Taps Automation to Boost eCommerce Capacity Even as Digital Ordering Declines
Chipotle Taps Automation to Boost eCommerce Capacity Even as Digital Ordering Declines
October 26, 2023  |  eCommerce

Chipotle is testing automated technology to boost the capacity and efficiency of its makelines for eCommerce orders, even as consumers shift away from its digital...

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Bread Financial Reports Economic Pressures Driving Higher Delinquency Rate
Bread Financial Reports Economic Pressures Driving Higher Delinquency Rate
October 26, 2023  |  Earnings

Bread Financial Holdings reported that its credit card net loss rate in September was slightly lower than it was a year ago while its delinquency...

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