DraftKings is positioning itself not simply as a sportsbook operator, but as a nationwide sports commerce platform capable of acquiring, engaging and monetizing customers across multiple products. As company executives stressed to investors during a second-quarter 2026 earnings call Friday (Aug. 7), prediction markets are...
Five weeks into Takis Georgakopoulos’ tenure as CEO, Fiserv used the first quarterly report under its new leader to reset expectations for 2026. The payments and banking technology provider lowered its full-year revenue and earnings guidance Thursday, pointing to delayed client projects, weaker conditions in...
Priority Technology Holdings’ Payables segment led the company’s revenue growth in the second quarter, thanks to an increase in buyer-funded revenues, according to a presentation released Thursday (Aug. 6) in conjunction with an earnings call. Overall, Priority Technology Holdings’ connected commerce engine saw its second-quarter...
The latest earnings from Oscar Health and GoodRx show both companies dealing with a changing customer base. The former company reported half-year earnings Thursday (Aug. 6) showing record profitability for the first six months of 2026, with revenues surging 70% to $4.9 billion. Speaking during an earnings call, Oscar Health Chief...
Expedia Group entered the summer travel season with more than just strong demand, according to its recent earnings call. The company used its second-quarter results to argue that its strategy of pairing artificial intelligence (AI) investments with a fast-growing B2B business is giving it multiple...
Etsy CEO Kruti Patel Goyal said during a second-quarter earnings call Thursday (Aug. 6) that the company is applying artificial intelligence in three distinct ways: making Etsy more personal, making Etsy more discoverable, and learning how the next generation of shopping will work through native...
Online secondhand marketplace ThredUp is adjusting its marketing tactics while navigating a “K-shaped” economy. The company reported quarterly earnings Wednesday (Aug. 5) showing revenues of $90.8 million, up 17% from the same quarter last year. New buyers were up 13%, making it the strongest quarter on record for new...
For Chime Financial, direct deposit is proving to be the underwriting and repayment infrastructure for a growing lending business. That connection was clear in second-quarter results released after the markets closed Wednesday (Aug. 5). Instant Loan originations rose nearly 70% from the prior quarter to...
Block drew plenty of attention earlier this year when CEO Jack Dorsey announced plans to cut roughly 40% of the company’s workforce and put artificial intelligence at the center of its operations. The move made Block one of the most closely watched tests of a...