Despite its status as a founder of the category, eBay has traditionally been viewed by the rest of eCommerce’s tech platforms as the industry’s red-headed stepchild. It was profitable but often viewed as a mature marketplace overshadowed by Amazon’s logistics network, Shopify’s merchant ecosystem and...
Toy-based films and adult collectors helped drive Mattel’s growth in the second quarter, Mattel Chairman and CEO Ynon Kreiz said during a Tuesday (Aug. 4) earnings call. Mattel’s net sales were 10% year over year in the second quarter, the global play and family entertainment company reported in a...
The agentic shopping shift is most visible at Shopify. Artificial intelligence (AI)-referred traffic to Shopify stores tripled year over year in the second quarter, and orders through those AI channels tripled right along with it. New buyer orders from AI channels are arriving at nearly...
Toast’s latest earnings suggest the restaurant technology company is entering a new phase. For years, the company focused on adding more restaurants to its platform and growing payments volume. This quarter, management made a different case: Toast believes artificial intelligence (AI) can deepen customer relationships,...
Circle’s latest earnings suggest USDC is beginning to separate from the crypto cycle just as autonomous software agents create a potentially new market for digital payments. But the company’s second quarter 2026 earnings call Wednesday (Aug. 5) exposed the central tension in its evolution from...
Digital lender Upstart saw loan originations jump 50% as it prepares to launch its bank. The company reported earnings Tuesday (Aug. 5) showing revenues of $365 million, a 42% increase over the same quarter in 2025. Loan originations came to $4.2 billion, with Upstart originating a record 558,000. During...
LoanDepot’s recent expansion into home equity lending paid off in the second quarter, driving unit volume growth of 25% and revenue growth of 18% compared to the first quarter, the company said in a Tuesday (Aug. 4) press release. Home equity lending was “a central...
Pinterest set out to reinvent itself as an artificial intelligence-driven shopping destination, and its second quarter results suggest the strategy is working. Revenue topped $1 billion for the fourth straight quarter, and monthly active users hit a record high, the 11th consecutive quarter of double-digit...
Marqeta’s second-quarter earnings call Tuesday (Aug. 4) highlighted embedded finance, multinational issuing, stablecoins and commercial payments as the company’s primary strategic growth initiatives, even as overall growth is expected to moderate in the second half. CEO Mike Milotich said customers want a single platform spanning...