Businesses and accountants are deploying the artificial intelligence-powered tools offered as part of Intuit Intelligence, Intuit Chairman and CEO Sasan Goodarzi said Tuesday (Aug. 25) during an earnings call. Intuit introduced Intuit Intelligence in October, describing it as a system that will unify a business’s...
Dick’s Sporting Goods is forecasting a slowdown in its footwear business amid changing consumer preferences. The retailer released quarterly earnings Tuesday (Aug. 25) showing a 4.6% uptick in comparable sales, driven in part by this summer’s World Cup tournament. However, comparable sales for the Dick’s Foot Locker business fell 3.6%,...
Alibaba is focusing on agentic commerce innovations as it spends heavily on artificial intelligence. The Chinese tech giant shared quarterly earnings results Thursday (Aug. 20) that showed revenue up 9% for the year, while its AI investments drove a 75% decline in net income. External...
Walmart’s affordability push is showing up in what shoppers are buying, with transactions and unit volumes rising as the retailer cut prices on everything from ground beef and groceries to fashion and school supplies. During a Thursday (Aug. 20) discussion of fiscal year 2027 second-quarter...
Second quarter results from Home Depot and Lowe’s offer perhaps the clearest evidence yet of how a prolonged period of elevated mortgage rates is changing where money flows inside the roughly $1 trillion U.S. home-improvement economy. Homeowners who are reluctant to move are also reluctant...
Target is seeing sales tick up amid a growth in digital traffic from artificial intelligence platforms. The retailer reported second-quarter 2026 earnings results Wednesday (Aug. 19) that showed guest traffic up 3.6% and comparable sales climbing 3.8%. Speaking during an earnings call, CEO Michael Fiddelke...
Klarna is getting consumers to use it for more than pay-in-four, but the second quarter also showed what happens to transaction growth when discretionary spending slows in a major market. By the numbers, released on Tuesday (Aug. 18), gross merchandise volume rose 18% year over...
Global freight is becoming more digital, and it’s happening just in time for artificial intelligence. That, at least, was the backdrop for Freightos’ second-quarter 2026 results, released Monday (Aug. 17). Transactions on the company’s digital freight marketplace reached 458,000, up 15%, while gross booking value,...
Blockchain-native capital marketplace Figure Technology Solutions saw its Consumer Loan Marketplace volume leap 132% to $4.3 billion in the second quarter as both prospects and investors saw the benefits of this platform for capital, CEO Michael Tannenbaum said Thursday (Aug. 13) during an earnings call....