Earnings

Earnings
BoA Reports 30% Jump in Virtual Assistant Usage
July 18, 2022

Americans are getting to know Bank of America’s Erica. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Earnings
Prologis Marks ‘Unprecedented’ Rise in Rental Growth
July 18, 2022

COVID-19 helped fuel strong demand for warehousing space, the world’s largest logistics and warehousing landlord said Monday (July 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Earnings
Bank Earnings Show Great Digital, Mobile Shift Is Unstoppable
July 15, 2022

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Earnings
Ericsson CEO: Extended Reality, APIs Will Drive 5G Growth ‘For Years’
July 15, 2022

Extended reality (XR) and application programming interfaces (APIs) will be among the uses driving demand for 5G infrastructure and capacity for years to come, Ericsson executives said Thursday (July 14) during the company’s quarterly earnings call. Get the Full Story Complete the form to unlock...

Earnings
JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
July 14, 2022

Reports of the death of consumer spending are greatly exaggerated — at least from the point of view of the nation’s largest lender, J.P. Morgan Chase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
JPMorgan Ups Loan Loss Reserves Amid Uncertain Consumer Outlook
July 14, 2022

JPMorgan Chase set aside $428 million in additional funds to cover bad loans and also temporarily shelved share buybacks as the country’s biggest bank posted a 28% drop in profits in the second quarter from a year earlier. Get the Full Story Complete the form...

Earnings
Pepsi Turns to Alcohol to Combat Inflation
July 12, 2022

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Earnings
Inflation Shifts Consumer Spending to Grocery, not Restaurants, Says General Mills
June 29, 2022

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Earnings
With CEO Under Cloud, Wise Reports Revenue Growth, ‘Business as Usual’
June 28, 2022

It’s been a mixed couple of days for Wise. Following Monday’s (June 27) news that the company’s co-founder and CEO, Kristo Käärmann, had been named as a tax defaulter by U.K. tax authority HM Revenue and Customs, Wise reported strong revenue and insisted that it...