Microsoft reported robust growth in artificial intelligence (AI) demand for the second quarter, with gains seen throughout its Copilot and Azure operations and propelling revenue and earnings past Wall Street expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Deutsche Bank plans to continue cutting costs by reducing headcount, adding technology and possibly closing business units, executives said Thursday (Jan. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Tesla is at a crossroads, one that the electric vehicle (EV) maker with autonomy dreams may not be able to “full self-drive” (FSD) its way out of. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Amid a challenging quarter marked by declining sales and reduced customer traffic, Starbucks CEO Brian Niccol remains confident about the company’s strategic direction. Since assuming leadership four months ago, Niccol has emphasized enhancing customer experiences, operational improvements, and strategic investments as key components of Starbucks’...
LendingClub’s latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some improving credit metrics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The consumer financing landscape is a dynamic one, where both strategy and execution are the key guardrails of success for financial service businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Ahead of Starbucks’ first-quarter earnings call on Tuesday (Jan. 28), company officials are taking steps to address declining sales and traffic with a series of policy changes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
SoFi Technologies’ drive toward cementing its financial services ecosystem status continues — with gains across consumer-focused lending and direct deposits. The data also showed notable momentum in its tech platform, which is geared toward linking banks and FinTechs to various digital banking services. Get the...
Young consumers are keeping credit card spending buoyant, especially for American Express, which saw millennials and members of Generation Z increase their spending by double digits year over year in the fourth quarter. Get the Full Story Complete the form to unlock this article and...
