After eBay lowered its revenue guidance for the year and provided a lower-than-expected sales forecast for the third quarter, shares of the marketplace fell more...
TheStreet may have been focused on top-line shortfalls, but beyond the headline numbers, American Express (Amex) posted results for the second quarter that showed double-digit percentage...
Goldman Sach reported a surge in profit during the second quarter that overall exceeded Wall Street estimates, while also announcing that CEO Lloyd Blankfein will — after...
The Q2 earnings season has just kicked off, and it’s already helping shedding light on recent developments in the peer-to-peer (P2P) world — most notably,...
Netflix added 5.2 million subscribers in the second quarter of 2018, about 1 million below its 6.2 million forecast, a shortfall that spooked investors Monday...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Besides the PayPal story, coverage includes the latest on Zelle...
Continuing the recent string of earnings from big banks – a string that kicks off earnings season per tradition – Bank of America said loan...
Wells Fargo, which is working to recover from a series of regulatory scandals that have impacted trust with customers, reported lower than expected earnings and...
JPMorgan Chase reported second-quarter results that, while boosted by strong trading activity, also showed traction in its digital and mobile banking efforts. Get the Full...