Online brokers sink for the second day amid commission-free trades
Shares of online brokers plunged for the second consecutive day after the end of commissions for trading by major brokerage...
Finance
Wells Fargo appoints Charles Scharf as its new chief
Wells Fargo & Company (NYSE: WFC) announced the appointment of Charles W. Scharf as the new Chief Executive Officer and...
Mastercard or Visa: Which stock is a better investment option?
There isn’t much of a choice when it comes to owing a credit card, but it is important to make...
Square takes a hit as JPMorgan Chase launches same-day deposits
In a move that could wreck the market equations in the payment processing market, banking giant JPMorgan Chase (NYSE: JPM)...
Existing home sales rise to 5-month high in July, backed by low interest rates
Existing home sales rebounded in July after declining in the previous month as buyers sought to take advantage of the...
Earnings preview: Intuit to report a loss in Q4
Payroll solutions provider Intuit Inc. (NASDAQ: INTU) will report fourth-quarter financial results on Thursday, August 22, after the closing bell....
Qiwi beats big in Q2, raises guidance
Russian payment service provider Qiwi (NASDAQ: QIWI) on Monday reported better-than-expected second-quarter results, sending its shares up 2.5% during pre-market...
Qudian beats in Q2 despite slowdown in Chinese economy
Chinese fintech firm Qudian (NYSE: QD) on Friday reported second-quarter results that were better than the street projection, sending its...
Up next in Chinese stock earnings – Qudian
Following the earnings announcements of US-listed Chinese firms including JD.com (NASDAQ: JD), Tencent Music (NYSE: TME), Gogo (NASDAQ: GOGO) and...
What to expect from Overstock.com Q2 earnings?
Overstock.com (NASDAQ: OSTK) share has been on a roller coaster ride in the past 12 months. The stock reached a...
LendingClub posts narrower-than-expected loss in Q2
LendingClub Corporation (NYSE: LC) reported a narrower loss in the second quarter helped by improving customer acquisition and origination and...
Square beats Q2 estimates, will sell Caviar to DoorDash
Jack Dorsey-led fintech firm Square (NYSE: SQ) reported second-quarter revenues of $1.17 billion, up 44% year-over-year. On an adjusted basis, revenues...
Earnings: Mastercard Q2 profit, revenue top Street view
Credit card giant Mastercard (NYSE: MA) reported higher earnings and revenues for the second quarter, which also topped expectations. Second-quarter...
OnDeck Capital posts mixed bag in Q2
OnDeck Capital (NYSE: ONDK) reported second-quarter adjusted earnings of 9 cents per share, which was 3 cents lower than what...
Mastercard earnings preview: What to expect from credit card firm’s Q2 report
Mastercard (NYSE: MA) will be publishing financial results for the June-quarter Tuesday before the opening bell. The continuing e-commerce growth...
PayPal reports mixed bag of results for Q2; provides dismal revenue outlook
PayPal Holdings (NASDAQ: PYPL) surpassed Q2 earnings estimates, while its revenue fell short of the expectations. The digital payments platform...
Visa stock drops despite Q3 results surpassing estimates; lowers earnings guidance
Visa Inc (NYSE: V) surpassed Q3 2019 earnings and revenue estimates. The payment gateway firm reported adjusted EPS of $1.37...
Lockheed Martin continues strong run in Q2, raises guidance
Defense company Lockheed Martin (NYSE: LMT) on Tuesday reported second-quarter earnings that surpassed Wall Street expectations. The company reported Q2...
Earnings preview: PayPal to cash in on strong user base, volumes in Q2
PayPal Holdings (Nasdaq: PYPL) has stayed on a steady growth trajectory so far this year as the payment services platform...
Visa stock reaches new all-time high ahead of Q3 earnings results
Payment gateway firm Visa Inc (NYSE: V) is set to report its third quarter 2019 earnings results coming Tuesday after...
Earnings: American Express Q2 results beat on strong card member spending; reaffirms FY19 outlook
Revenues of credit card company American Express (NYSE: AXP) increased in the second quarter and surpassed the estimates, driving the...