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Visa vs PayPal: The Post Earnings Winner
24/7 Wall St.21d agoneutral
Visa vs PayPal: The Post Earnings Winner

Visa crossed $4 trillion in global payments volume the same quarter PayPal brought in a new CEO to salvage branded checkout, and the two earnings reports could not paint a more different picture of where fintech power is actually concentrating.

Coinbase beats much of customer lawsuit over US token sales
Reuters21d agobullish
Coinbase beats much of customer lawsuit over US token sales

NEW YORK, July 30 (Reuters) - Coinbase won the dismissal on Thursday of much of a lawsuit in which customers accused the largest U. ‌cryptocurrency exchange of illegally selling securities without registering as an exchange or ‌broker-dealer.

🔎 Under the Radar: Teladoc Shares Tumble on Therapist Shortage
The Wall Street Journal21d agobearish
🔎 Under the Radar: Teladoc Shares Tumble on Therapist Shortage

Shares of Teladoc Health fell more than 25% Thursday after the telehealth company missed second-quarter revenue expectations and cut its full-year sales forecast. The pain is concentrated in BetterHelp, Teladoc's therapy and psychiatry platform, where revenue fell 12% to $212.6 million. Teladoc has pushed BetterHelp users toward insurance-covered therapy instead of cash-pay sessions.

Wells Fargo sees a massive number in Snowflake's future
TheStreet21d agoneutral
Wells Fargo sees a massive number in Snowflake's future

Wall Street does not usually turn on a stock this fast. Earlier this year, Snowflake (SNOW) was one of the names investors turned away from when they decided artificial intelligence might break the software business. SNOW stock fell hard, and the story around it was almost entirely about what ...

Exclusive-Ford CEO tells employees Chinese automakers could enter US market in next decade
Reuters22d agoneutral
Exclusive-Ford CEO tells employees Chinese automakers could enter US market in next decade

DETROIT, July 30 (Reuters) - Ford CEO Jim Farley told employees in a town hall on Thursday that the company is preparing for the possibility that Chinese automakers could enter the American market in the ‌next five to 10 years, even though the country has erected numerous trade barriers to cars from China, ‌according to three people who viewed the meeting. Farley has been among the most vocal about how competitive Chinese auto giants like BYD are in the industry.

Don't Expect a Big Stock Move After Apple's Earnings
Barrons.com22d agoneutral
Don't Expect a Big Stock Move After Apple's Earnings

Apple isn't a particularly volatile stock, and that will likely hold true after Thursday's earnings report. The stock hasn't swung by more than four percentage points after earnings since May 2024, even after some stellar results. A year ago, Apple beat estimates for earnings per share by 9.1%, and shares slipped 2.5% in response.

Wall Street week ahead: monthly jobs report, McDonald's and SpaceX earnings
Associated Press22d agoneutral
Wall Street week ahead: monthly jobs report, McDonald's and SpaceX earnings

Corporate earnings from big U.S. companies and closely-watched jobs reports are among the key updates for Wall Street this week. The latest batch of profit updates and forecasts could help give investors a clearer picture of how and where households are spending money amid stubbornly high inflation. Bleach and household products maker Clorox and hotel operator Marriott International report their latest results on Monday.

US stocks, bitcoin gain since Fed held rates steady at July FOMC meeting
Yahoo Finance Video22d agoneutralVIDEO
US stocks, bitcoin gain since Fed held rates steady at July FOMC meeting

Scott Melker discusses the Federal Reserve's latest decision to hold interest rates steady, examining Fed Chairman Kevin Warsh's remarks and how US stocks (^DJI, ^IXIC, ^GSPC) and crypto like bitcoin (BTC-USD) have reacted. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Samsung’s foldable preorder surge comes with a retail catch
TheStreet22d agobullish
Samsung’s foldable preorder surge comes with a retail catch

Samsung Electronics (SSNLF) may have discovered a huge new growth market for its priciest smartphones, and it's not just in the biggest cities of India. The company said its Galaxy Z Fold8 Ultra, Galaxy Z Fold8, and Galaxy Z Flip8 received more than 271,000 pre-orders in India within 72 hours of ...

Meta stock poised for a new losing streak: Earnings call takeaways
Yahoo Finance Video22d agoneutralVIDEO
Meta stock poised for a new losing streak: Earnings call takeaways

Meta (META) stock continues to plunge after the company reported its second quarter earnings results on Wednesday. Yahoo Finance Technology Editor Dan Howley and BD8 Capital Partners CEO and CIO Barbara Doran chat with Morning Brief host Julie Hyman about the results, the stock reaction, and their outlook for Meta.