Talk about raining on the parade. New Walmart CEO John Furner’s first earnings call was dampened by the news Thursday morning (Feb. 19) that it had been surpassed by Amazon in terms of total sales. That and a tepid forecast led to a lackluster start...
Etsy is joining the Prompt Economy in a big way. Its fourth-quarter results, reported Friday (Feb. 19), showed improving buyer engagement and its first positive year-over-year gross merchandise sales (GMS) comparison since 2023. The company is shifting capital and execution toward its core platform, positioning...
Klarna said in a fourth-quarter earnings report that it doubled its number of banking customers over the past year. During the fourth quarter, Klarna’s number of banking customers grew 101% year over year to reach 15.8 million, the company said in a Thursday (Feb. 19)...
Australian buy now, pay later firm Zip says it is seeing enthusiasm from American customers. The company reported earnings Thursday (Feb. 19) that showed revenue growth of 46.4% for Zip’s U.S. business. Growth during the company’s second quarter was “supported by a strong holiday trading period, which included the...
Generative artificial intelligence enabled Booking Holdings to reduce its customer service costs year over year, even as the company handled 10% more bookings, Booking Holdings Chief Financial Officer Ewout Steenbergen said Wednesday (Feb. 18). Speaking during the company’s quarterly earnings call, Steenbergen said the customer...
Investors were looking for answers during Carvana’s fourth quarter 2025 earnings call Wednesday (Feb. 18). And while they didn’t find them, the absence of a clear answer was, for many, answer enough. Carvana is facing fraud allegations and an investor lawsuit, making the biggest question...
Legalized sports betting triggered one of the fastest state-by-state commercial expansions in modern consumer tech. At least until prediction markets went over the heads of state regulators straight to the Commodity Futures Trading Commission (CFTC). But if the first chapter of online sports betting was defined by...
Airbnb used the quarter to reinforce a shift toward continuous product shipping rather than large feature launches. CEO Brian Chesky in the earnings call described a multiyear rebuild of the platform’s technical foundation, positioning Airbnb to move faster across pricing, supply quality and artificial intelligence....
Ahold Delhaize saw quarterly digital sales surge as more American consumers do their grocery-buying online. The supermarket conglomerate released earnings Wednesday (Feb. 11) showing revenues up 6.1%, driven in part by a 22.8% jump in online grocery sales in the U.S. The company, whose grocery...