Home furnishings giant Wayfair is leaning into artificial intelligence (AI) amid an uptick in revenues. The company on Monday (Aug. 4) reported earnings showing revenue of $3.3 billion for the quarter, a 5% increase and Wayfair’s strongest metrics in four years. CEO Niraj Shah attributed the company’s gains in part to...
Jeff Bezos’ old maxim framed Amazon’s earliest days: “We’re not competitor‑obsessed, we’re customer‑obsessed.” Back then, a “customer” meant an online book buyer. Two decades later, that constituency is sprawling. It ranges from the home cook ordering spatulas, the chief technology officer spinning up cloud servers,...
Crypto is one of the least linear, most volatile, industries out there. That also holds true for crypto companies such as Coinbase. For example, Coinbase’s second-quarter 2025 earnings call Thursday (July 31) show a company treading a narrow path between innovation, compliance and resilience. On...
Apple is lighting a fire under its artificial intelligence (AI) efforts, pledging to “significantly” step up investments and dedicating more staff toward the development of Apple Intelligence features. During its fiscal third-quarter earnings conference call with analysts on Thursday (July 31), CEO Tim Cook said...
CVS is focusing heavily on technology-led care after posting solid Q2 earnings. “We are building momentum as we navigate what continues to be a dynamic and evolving environment,” Chief Executive David Joyner told analysts on an earnings call Thursday (July 31), crediting the company’s “diversified business” for offsetting swings in medical...
Some viral hits and a continuing investment in its platform drove double-digit growth in revenue and other key metrics for Roblox in the second quarter. While the growth of the online game platform and game creation system was broad-based, it also included five viral hits...
As global payments evolve, the companies and global networks supporting the landscape are evolving in turn. That was the key trendline shared Thursday (July 31) by Mastercard leadership during the company’s second-quarter earnings call. The company is increasingly positioning itself not only as a transaction...
Microsoft ended its fiscal year with a blowout fourth-quarter performance, driven by demand for cloud and artificial intelligence (AI) services that led to a 34% increase in Azure’s annual revenue to a record $75 billion. Enterprises accelerating their cloud migration as well as increased AI...
Etsy says a renewed focus on its app paid off in its most recent quarter. The eCommerce retailer released quarterly earnings Wednesday (July 30) showing sales creeping up 3.8% for the quarter and 2.3% for the half-year. Speaking during an earnings call, CEO Josh Silverman said the company’s performance during...