Revenue/page/24 news and trends

Toast: AI-Powered Menu Upsell Tool Boosts Restaurant’s Average Order Volume 6%
Earnings // May 09, 2025

Artificial intelligence-powered tools for restaurants are showing promising early results, Toast said Thursday (May 8) during the company’s first-quarter earnings call. Toast, which provides a digital technology platform for restaurants and is expanding into other verticals, is piloting an AI agent and assistant called Sous...

Report: OpenAI Aims to Reduce Revenue Sharing With Microsoft
Artificial Intelligence // May 07, 2025

OpenAI is reportedly envisioning a future where it shares less revenue with longtime benefactor Microsoft. The artificial intelligence startup has an agreement with Microsoft to share 20% of its top-line revenue. However, OpenAI told investors it expects to share just 10% of its revenue with...

Mistral Debuts Corporate Chatbot Amid Threefold Rise in Revenue
Artificial Intelligence // May 07, 2025

French startup Mistral AI introduced a new chatbot for companies amid an uptick in revenue. Co-founder and CEO Arthur Mensch addressed the revenue growth in comments to reporters, Reuters reported Wednesday (May 7). “In the last 100 days, we have tripled our business, in particular...

FIS Goes All In on the Issuer
Earnings // May 06, 2025

Fidelity National Information Services (FIS) said during a Tuesday (May 6) first-quarter earnings report that it continues to see strong demand from banks to modernize their core banking systems. Executives pointed to the company’s pending acquisition of Global Payments’ issuing solutions unit as an event...

Interviews & Exclusives
FIS Goes All In on the Issuer

May 06, 2025
Fidelity National Information Services (FIS) said during a Tuesday (May 6) first-quarter earnings report that it continues to see strong demand from banks to modernize their core banking systems. Executives pointed to the company’s pending acquisition of Global Payments’ issuing solutions unit as an event that is expected to add cross-selling opportunities to those banks. […]

Debit Spend and Deposit Growth Drive Discover’s Final Standalone Quarter

April 24, 2025
Discover Financial Services posted first-quarter earnings results Thursday (April 24) that showed improving credit metrics, increased debit spending and higher deposits, ahead of its pending acquisition by Capital One. An...

Mews Founder Says It’s Time to Stop Treating Hotel Guests Like a Room Number 

March 13, 2025
The hospitality industry is built on service, but the hotel experience has remained largely unchanged for decades. Guests arrive at a front desk, provide identification, hand over a credit card...

45% of Executives Say Uncertainty Has Led to Diminished Profits

March 04, 2025
Middle-market companies are confronted with a volatile business environment that challenges their ability to make informed decisions and maintain competitive positions. According to the PYMNTS Intelligence eBook “10 Impact Statements,”...

Quick Reads
Toast: AI-Powered Menu Upsell Tool Boosts Restaurant’s Average Order Volume 6%

May 09, 2025
Artificial intelligence-powered tools for restaurants are showing promising early results, Toast said Thursday (May 8) during the company’s first-quarter earnings call. Toast, which provides a digital technology platform for restaurants and is expanding into other verticals, is piloting an AI agent and assistant called Sous Chef and an intelligence engine called ToastIQ. In prepared remarks […]

Report: OpenAI Aims to Reduce Revenue Sharing With Microsoft

May 07, 2025
OpenAI is reportedly envisioning a future where it shares less revenue with longtime benefactor Microsoft. The artificial intelligence startup has an agreement with Microsoft to share 20% of its top-line...

Mistral Debuts Corporate Chatbot Amid Threefold Rise in Revenue

May 07, 2025
French startup Mistral AI introduced a new chatbot for companies amid an uptick in revenue. Co-founder and CEO Arthur Mensch addressed the revenue growth in comments to reporters, Reuters reported...

Hasbro Anticipates Up to $300 Million Impact From Tariffs

April 24, 2025
Toy and gaming company Hasbro saw a revenue increase in the first quarter, but the ever-evolving tariff situation is making growth strategizing tricky. Net revenues reached $887 million in the...