Robinhood’s stock fell 12% trading after the brokerage app reported a loss of $423 million for the fourth quarter, a Wall Street Journal report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For most businesses, the thought of doing $124 billion in sales in a year — or even a decade for that matter — would be considered a lofty achievement. For Apple, that feat took just 90 days. Get the Full Story Complete the form to...
Payment network Visa showed resilience in cross-border spend, and tap-to-pay gaining in key markets. Along the way, consumer spending on debit and credit cards has continued into the current quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In its forecast for 2022, Robinhood said it’s planning to expand its services by helping people invest as well as move money faster, according to a press release regarding the company’s fourth quarter earnings results. Get the Full Story Complete the form to unlock this...
Mastercard’s latest earnings results show double-digit gains in debit and credit spending, a rebound in cross-border activity — and contactless payments, increasingly, becoming the preferred way to pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In just half a year since its loyalty program’s nationwide launch, quick-service restaurant (QSR) giant McDonald’s is already becoming a leader in the space, leveraging its program to build direct digital relationships with customers that reduce the need for third-party marketplaces. Get the Full Story...
With a market value north of $2 trillion and a stable of nearly two dozen products that generated close to $52 billion in revenue in the past 90 days, the modern version of Microsoft is a beast unlike any other in the tech industry. Get...
Moving to split its consumer health and medical device/pharma units into two separate public companies, the Johnson & Johnson (JNJ) version of “divide and conquer” revolves around increased ability to funnel research and investment into these new centers of excellence. Get the Full Story Complete...
American Express posted fourth-quarter results that showed consumer spending on its card remained unabated through the holiday season. 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...