Block Doubles Down on Banking Base as FinTech Competition Grows
Jack Dorsey is no stranger to playing the long game.
But Block, the financial services and digital payments company formerly known as Square, missed Wall Street’s short-term estimates for its fourt...
Booking Holdings Leans Into GenAI to Ramp Up Travel Experiences
At the core of Booking Holdings’ long-term strategy is CEO Glenn Fogel’s belief in the impact of generative artificial intelligence (GenAI). He is looking to this technology as a cornerstone for ...
Amazon Overtook Walmart in Quarterly Revenue in Q4
Amazon overtook Walmart in quarterly revenue in the fourth quarter.
Walmart said Thursday (Feb. 20) that it earned $180.5 billion during the quarter, while Amazon said Feb. 6 that it brought in $187...
Rivian reports first quarter of ‘positive gross profit’
Rivian announced a significant milestone today, reporting its first “positive gross profit” in its fourth quarter earnings for 2024. It was a sign that the struggling company’s efforts to sl...
Tariff Storm Clouds Loom Over Walmart’s Low-Price Empire
As Walmart navigates a shifting trade landscape, the specter of new tariffs imposed by the Trump administration is casting a shadow over the retail giant’s hallmark promise: everyday low prices. Wit...
