Uber is set to report third-quarter earnings Thursday (Nov. 5) just as the company’s stock is soaring on the election victory of Proposition 22, a California referendum to exempt ridesharing companies from the state’s AB 5 gig worker law. Get the Full Story Complete the...
Cash App. Bitcoin. And, oh yes, gross dollar volumes — and some insight into how small businesses are faring amid the great digital shift, and in brick-and-mortar locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Meal kit delivery company HelloFresh doubled its orders in the third quarter and reached an all-time high of 5 million customers combined between the U.S. and the rest of the world, the company said in a Tuesday (Nov. 3) press release. Get the Full Story Complete the...
It was another quarter of record-breaking results for PayPal, which saw both record transactions and new customer enrollments in Q3. Total payment volume rose 36 percent to $247 billion, beating analyst estimates for $232 billion. PayPal is now reporting a run rate of approximately $1...
Snack food giant Mondelēz International reported on Monday (Nov. 2) as part of its third quarter earnings results that net revenues grew by 4.9 percent, fueled by 4.4 percent in organic net revenue growth. The company cited good sales of its cookies and chocolates amid...
Sportswear giant Under Armour reported a third-quarter profit of $38.9 million, partly driven by a revenue jump of 19 percent in the footwear category, the company said in a statement on Friday (Oct. 30). Get the Full Story Complete the form to unlock this article...
MoneyGram International Inc. reported on Friday (Oct. 30) as part of its earnings announcement that its online direct-to-consumer channel (MGO) saw 111 percent year-over-year transaction growth and 114 percent revenue growth in Q3. Get the Full Story Complete the form to unlock this article and...
Like Big Tech peers (Google among them), Facebook’s latest results show the tailwinds of eCommerce and the rebound in consumer spending buoying advertising revenues. But pressure lies ahead, in the form of tough comps and regulatory uncertainty – and perhaps in the form of Apple....
Apple outsold analyst expectations on services, iPads and Macs. But the iPhone missed analysts’ expectations as sales were down over 20 percent year over year because of the iPhone 12 release delay. Get the Full Story Complete the form to unlock this article and enjoy...
