Snap Inc. (SNAP) shares dropped nearly 25 percent in after-hours trading as investors learned the tech and social media company had missed the expectations for the first quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The last 12 months have undoubtedly been a difficult period for marketplace lending pioneer Lending Club. In the year since the firm was rocked by the dual blows of the sudden departure of its charismatic founding CEO Renaud Laplanche and revelations that the company had intentionally mislead...
Over 30,000 Berkshire Hathaway shareholders met in Omaha, Neb., this past weekend to gain insight on a number of topics from chairman and CEO Warren Buffett. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Square will open the market today with stocks about 6 percent more valuable than they were at opening yesterday. Investors were pleased with the better-than-expected revenue and earnings outcomes — and favorably impressed by Square’s higher-than-expected “take rate” and its surge in subscription services. Get...
Groupon, the daily deal website operator, reported first quarter earnings that showed a 5.5 percent decline in revenue in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Card issuer Mastercard posted results Tuesday morning that bested analyst estimates, buoyed by increased spending by consumers globally, driven across both debit and credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Shopify (SHOP) saw shares hit all-time highs upon the release of the eCommerce platform’s earnings report for Q1 2017. SHOP shares were trading up 7.86 percent to $83.33 in the early afternoon on Tuesday. Get the Full Story Complete the form to unlock this article...
Western Union posted results that were mixed, topping the quarter’s estimates slightly on the top line while missing on the bottom line, yet the outlook for the full year remains the same. Get the Full Story Complete the form to unlock this article and enjoy...
While there was no shortage of victory marches out of yesterday’s earnings, the team at Starbucks might be spiking its coffee with something a little stronger than espresso this morning. Its share price is down 4 percent as trading opens this morning, depressed by an earnings...
