Chinese tech giant Alibaba says it will not spin off its cloud intelligence business. 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...
Consumers continue to face economic challenges, even as inflation takes a dip, and the punchline continues to show up in retail receipts. In reporting its third-quarter earnings on Wednesday (Nov. 15), Target said consumers are experiencing financial strain, prompting the retailer to adopt a cautious...
Online sports betting and iGaming in the United States will be a $30 billion total addressable market (TAM) in 2028, up from $20 billion this year, according to DraftKings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For the online car platforms that have promised to bring kicking the tires firmly into the digital age, profitability has been volatile, sometimes elusive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Sticking to the same DIY rhythm as the previous quarter, Home Depot continues to see consumers hammering away at small projects instead of diving into grand remodels that can drill a hole in their wallets. Get the Full Story Complete the form to unlock this...
Paysafe plans to launch a digital wallet for small and medium-sized businesses (SMBs). 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...
Pressures from a subdued housing market and dampened spending are impacting the home improvement industry. 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,...
Flutter, the parent company of online betting platform FanDuel, reportedly saw a setback in its stock value Thursday (Nov. 9) after revealing disappointing third-quarter earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In the wake of disappointing Q3 results, Groupon has found itself in a cost-cutting plan, with interim CEO Dusan Senkypl disclosing a shift towards a top-line first model. Acknowledging challenges in progressing cost structure improvements, Senkypl expressed concerns about the ongoing business challenges. Get the...
