Earnings

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

Microsoft Boosts Xbox Game Pass Engagement Even as Competition Escalates
Microsoft Boosts Xbox Game Pass Engagement Even as Competition Escalates
October 26, 2023  |  Subscriptions

As more entrants crowd the gaming subscription space, Microsoft is still growing engagement with its Xbox Game Pass membership program, suggesting that when it comes...

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Mastercard Says Consumer Spending Decelerates in October
Mastercard Says Consumer Spending Decelerates in October
October 26, 2023  |  Earnings

Mastercard has pointed to a “resilient” consumer, buoying the latest quarter’s results. But management noted on the conference call with analysts that spending is decelerating...

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Hershey Sees ‘Key Retailer’ Pulling Back Amid Digital Transformation
Hershey Sees ‘Key Retailer’ Pulling Back Amid Digital Transformation
October 26, 2023  |  Earnings

As grocers increasingly shift their focus to their digital and omnichannel businesses, Hershey is seeing one of its key business customers pull back as it...

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Barbie’s New Role: Picking up Mattel’s Toy Sales 
Barbie’s New Role: Picking up Mattel’s Toy Sales 
October 26, 2023  |  Retail

In the playful world of toys, Mattel wound up its engines and announced a 9% increase in its third-quarter 2023 net sales, reaching $1.92 billion,...

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Western Union Sees 3% Revenue Growth in Digital Business
Western Union Sees 3% Revenue Growth in Digital Business
October 25, 2023  |  Earnings

Western Union, a provider of cross-border money movement and payment services, has focused on digital conversion to enhance its services and improve customer experiences. The...

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LendingClub Promotes New Products to Offset Decline in Loan Originations
LendingClub Promotes New Products to Offset Decline in Loan Originations
October 25, 2023  |  Earnings

LendingClub saw loan originations continue to decline in the quarter ended Sept. 30 as bank investors remain cautious. In response, the firm is promoting new products...

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Meta’s AI Investments Ramp Up as Reality Labs Loses Billions 
Meta’s AI Investments Ramp Up as Reality Labs Loses Billions 
October 25, 2023  |  Meta

Artificial intelligence (AI) is the focal point in the year ahead for Facebook’s parent company Meta Platforms. “In terms of investment priorities,” CEO Mark Zuckerberg...

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Brands Discover Snap Ads Are Clicking With Users 
Brands Discover Snap Ads Are Clicking With Users 
October 25, 2023  |  Earnings

In June, Snapchat CEO Evan Spiegel said the company’s adoption of artificial intelligence (AI) could give their advertising strategy a major boost. At the time, Spiegel discussed the advancements of...

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Worldline Market Value Sinks on EU Economy
Worldline Market Value Sinks on EU Economy
October 25, 2023  |  Fintech Investments

Worldline shares reached record lows Wednesday (Oct. 25) as the company reduced its sales forecast. The French payments FinTech announced it anticipates organic revenue growth...

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