Citigroup reported higher-than-expected profits of $7.9 billion, or $3.62 per share, for the first quarter of this year compared to last year’s $2.5 billion, or $1.05 a share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Turns out that triple-digit stock market growth isn’t reserved for GameStop. Working in an unprecedented environment of SPAC hype, crypto-mania and retail trading explosions, Goldman Sachs posted record first-quarter profits and earnings Wednesday (April 14), keeping its old-school investment practices front and center, but leaving...
Wells Fargo reported Wednesday (April 14) results that showed approximately 6 percent growth in credit card-based spending, with notable growth of approximately 20 percent in debit card-based spending as economies recover from the pandemic. Get the Full Story Complete the form to unlock this article...
Just Eat Takeaway.com, a Netherlands-based food delivery service that operates in 23 countries, announced on Tuesday (April 13) that total orders for 2021’s first quarter were up 79 percent year over year to reach 200 million, that delivery orders were up 198 percent to 69...
The pandemic has seen many supermarkets temporarily emptied of toilet paper, alongside a boost in grocery shopping as customers’ work-from-home patterns have persisted. As the pandemic slowly subsides, consumers could end up cutting their supermarket spending. Get the Full Story Complete the form to unlock...
JPMorgan Chase posted results that showed that consumer spending is a continued tailwind as economies recover from the pandemic — and the shift to mobile banking is firmly entrenched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Every three months earnings season arrives, like clockwork. And every three months we get commentary from publicly traded firms’ management on the health of the U.S. consumer, and how things may be progressing, as we emerge from the long shadow of the pandemic. Get the...
Coinbase, preparing to go public next week on Nasdaq, posted first-quarter 2021 estimated net income of $730 million to $800 million on revenue of $1.8 billion, up from $322 million on revenue of $1.3 billion in 2020, The Wall Street Journal reported on Wednesday (April...
Payoneer announced its fourth-quarter and 2020 financial highlights, marking an increase in volume between the fourth quarters of 2019 and 2020 and the two years overall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
