Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.
Uber: 35% of Customers Use Multiple Services and Spend Three Times More
Uber: 35% of Customers Use Multiple Services and Spend Three Times More
August 06, 2024  |  Earnings

Uber marked a milestone in the second quarter, with 7.4 million monthly drivers and couriers globally, per the company’s earnings report released Tuesday (Aug. 6)....

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Dave’s ExtraCash Advance Program Grows by 37% Amid Continued Consumer Caution
Dave’s ExtraCash Advance Program Grows by 37% Amid Continued Consumer Caution
August 06, 2024  |  Earnings

Digital banking platform Dave said customers are increasingly turning to its ExtraCash offering. Originations for the cash advance program reached $1.2 billion for the company’s...

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Simon Property Group Remains Optimistic About Consumer Spending in Retail
Simon Property Group Remains Optimistic About Consumer Spending in Retail
August 05, 2024  |  Retail

While there are signs in the broader economy that a consumer-led recession could be on the way, real estate investment trust Simon Property Group remains...

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ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
August 05, 2024  |  Earnings

Amid revenue declines, ThredUp is not anticipating the financial pressure that consumers are feeling let up any time soon. The online consignment and thrift store...

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Budget-Strapped Shoppers Splurge on Small-Ticket Items, Scrimp on Major Purchases
Budget-Strapped Shoppers Splurge on Small-Ticket Items, Scrimp on Major Purchases
August 05, 2024  |  Retail

This week in paycheck-to-paycheck shopping news, retail brands are sharing that consumers are becoming less cautious in their spending on small purchases such as groceries,...

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Branded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
Branded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
August 05, 2024  |  Checkout Conversion

If there’s a common theme emerging among eCommerce platforms this earnings season, it’s that the last moments of a transaction are continually being refined and...

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Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
August 02, 2024  |  Earnings

In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...

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DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
August 02, 2024  |  Earnings

The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. And all three...

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Major Retailers Under Scrutiny After Amazon Forecasts Weak Sales
Major Retailers Under Scrutiny After Amazon Forecasts Weak Sales
August 02, 2024  |  Retail

Analysts are reportedly awaiting earnings reports from major retailers with interest after Amazon’s latest results “sent a chill” through the sector. Amazon reported its results...

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