Browsing: earnings

Broadcom stock surges on record earnings fueled by AI boom, 10-for-1 stock split Source link

The $4.1 billion-asset Coastal Financial in Everett Washington is restating financial reports, although the changes don’t alter its bottom line. jdoms – stock.adobe.com Coastal Financial Corp.…

Dave outperformed fourth quarter expectations for 2024, driven by an increase in members and loan originations. The neobank brought in $33 million in adjusted earnings before interest,…

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBCBerkshire Hathaway on…

Jakub Porzycki/NurPhoto/Photographer: Jakub Porzycki/Nur Block is unifying its Afterpay, Cash App and Square units as part of a broader expansion strategy  that it projects will show…

Cameron Bready, CEO of Global Payments Global Payments contends its restructuring is showing signs of progress, but noted the benefits will become more apparent in the…

Chris Ratcliffe | Bloomberg | Getty ImagesShares of British bank Barclays sank in early Thursday trade, after the lender’s forward guidance failed to impress despite its…

Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of…

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid expected declines in net interest income.Net…

This news is developing. Please check back here for updates. PayPal CEO Alex Chriss has said it would take time for the company’s technology-focused strategy shift to…