Earnings

Earnings
AI Helps Lift YouTube and Google Cloud Subscriptions 5x Higher Than 2019’s Levels
January 30, 2024

For Alphabet, the artificial intelligence (AI) boon has helped boost subscriptions. 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...

Earnings
UPS Package Volume Drops 7.4% in ‘Difficult and Disappointing’ 2023
January 30, 2024

UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. 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...

Earnings
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its SoFi Money deposits came from direct deposit members. Get the Full Story Complete the form to unlock this article and...

Earnings
Amex: Millennial and Gen Z Spending Surges 15%, Delinquencies Up Slightly
January 26, 2024

The enthusiasm to tap into credit lines and to spend on experiences continues unabated — and has been illuminated in stark relief by the latest earnings report from American Express. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
Capital One Sees Positives in Consumer Segments Despite Charge-Off Challenges
January 25, 2024

Card delinquencies and charge-offs offer evidence of consumers struggling to meet their financial obligations. 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...

Earnings
Netflix Adds 13 Million Subscribers Even as Consumers Cut Back on Streaming
January 23, 2024

Netflix is strengthening its hold on the streaming category, gaining subscribers despite an industry-wide trend of many consumers canceling their media memberships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Earnings
United Airlines Sees Business Travel Returning Despite Industry Headwinds
January 23, 2024

The airline industry hasn’t had it easy in recent years. 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...

Earnings
Synchrony: Resilient Consumers Embrace ‘Pay Later’ Options as Credit Trends Normalize
January 23, 2024

Synchrony Financial posted fourth-quarter results that showed charge-offs increasing as management pointed to credit normalization in the months ahead, and said the firm was also gaining traction in Pay Later options offered at checkout. Get the Full Story Complete the form to unlock this article...

Earnings
Paytm Narrows Losses, Reduces Expenses With AI
January 19, 2024

Indian FinTech company Paytm beat analysts’ estimates and reported narrower losses in the latest quarter. 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,...