Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
July 31, 2024  |  Earnings

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its...

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Pinterest Adds More Shoppable Video Content; Q2 Revenue Up 21%
Pinterest Adds More Shoppable Video Content; Q2 Revenue Up 21%
July 31, 2024  |  Social Commerce

As Pinterest looks to become a central figure in the social commerce space, the company is integrating more directly shoppable features across the platform to...

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Microsoft Bets Big on AI as Demand Surges Across Cloud and Software Businesses
Microsoft Bets Big on AI as Demand Surges Across Cloud and Software Businesses
July 30, 2024  |  artificial intelligence

Microsoft is doubling down on artificial intelligence (AI) as a driver of growth. During the company’s fiscal fourth-quarter earnings call on Tuesday (July 30), executives...

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LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
July 30, 2024  |  Earnings

LendingClub’s latest results noted growth in loan originations, a surge in repeat business — and cross-pollination efforts that management said reflect the ability to deepen,...

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Starbucks’ Mobile Outage Compounds Financial Woes as Q3 Sales Decline
Starbucks’ Mobile Outage Compounds Financial Woes as Q3 Sales Decline
July 30, 2024  |  Earnings

Some Starbucks customers faced a disruption on Tuesday (July 30) as the company’s mobile ordering system failed for the second time this month. The outage,...

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Western Union’s Digital Surge Offsets In-Store Decline
Western Union’s Digital Surge Offsets In-Store Decline
July 30, 2024  |  Earnings

The digital transformation of Western Union continues with the money-transfer company posting double-digit growth in global mobile and online transactions for the second quarter, despite...

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Procter & Gamble Records 4% Organic Sales Growth
Procter & Gamble Records 4% Organic Sales Growth
July 30, 2024  |  Earnings

Procter & Gamble announced a 4% organic sales growth for fiscal year 2024, continuing a streak of six consecutive years with at least a 4%...

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JetBlue Focuses on Leisure Routes on Road to Restore Profits
JetBlue Focuses on Leisure Routes on Road to Restore Profits
July 30, 2024  |  Earnings

JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. The airline released quarterly earnings Tuesday (July 30) showing a $25 million...

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PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024  |  Earnings

If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30)...

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