There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.
Schlagwort-Archiv: CNBC
Paramount stock rises after strong earnings report, adding to blockbuster day
The media conglomerate reported a 38% increase in revenue and 63 million subscribers on Paramount+.
Amazon unveils buy now, pay later option from Affirm for small business owners
Amazon is rolling out its first buy now, pay later checkout option for small business owners via fintech player Affirm, CNBC has learned.
Fintech giant Revolut appoints new UK boss amid struggles to get banking license
Revolut has been struggling to get a banking license in the U.K., which the company first applied for in 2021.
UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China
The investment comes as the U.K. hosts its landmark AI safety summit, which is being held in Bletchley Park, the home of the World War II codebreakers.
DoubleLine’s Gundlach says interest rates are going to fall as recession arrives early 2024
„I do think rates are going to fall as we move into a recession in the first part of next year,“ Gundlach said on CNBC’s „Closing Bell“ on Wednesday.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in September.
Palantir shares pop 19% after its third-quarter results beat estimates
Palantir released third-quarter results that beat analysts‘ expectations on top and bottom lines.
Peloton shares sink on wider-than-expected loss, ‚bad news‘ for paid subscriptions
Peloton has been working to boost its membership numbers through a series of partnerships and posted higher than expected revenue on Thursday.
Eli Lilly results top estimates on Mounjaro strength but slashes full-year profit outlook
Eli Lilly reported revenue and adjusted earnings that topped expectations, lifted by $1.4 billion in sales from its blockbuster diabetes drug Mounjaro.