Earnings

Spotify shares pop on better-than-expected profit forecast

The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023.Brendan Mcdermid | ReutersSpotify shares rose in extended trading Tuesday after the Swedish music streaming company issued a profit forecast for the fourth quarter that topped estimates.Here's how the...

Market Insider

SPOT, CAVA, RIVN and more

Check out the companies making headlines in extended trading. Spotify Technology – Shares of the music-streaming service jumped about 8%. Total monthly active users for the third quarter came in at 640 million, reflecting an 11% jump from a year earlier and beating FactSet consensus estimates of 639.0 million....

Fintech

Knot Unveils MassSwitcher™: Instant Card-on-File Updates Across Multiple Merchants

New York, New York, November 12th, 2024, FinanceWireKnot, a leading fintech company specializing in card-on-file management, is proud to announce the launch of MassSwitcher™, an innovative solution that enables cardholders to update their card information across multiple merchant accounts instantly with a single login.MassSwitcher addresses the common challenge consumers...

Market Insider

SHOP, HON, GEV, TWLO & more

Check out the companies making headlines in midday trading. Shopify — Shares surged 26% after the e-commerce platform operator posted third-quarter operating income of $283 million, higher than the $122 million in the same quarter a year ago. Shopify's $2.16 billion revenue beat a FactSet estimate of $2.12 billion....

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08Nov

Powell and the Fed won’t be able to avoid talking about Trump forever

Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC. Kent Nishimura | Getty ImagesFederal Reserve Chair Jerome Powell dodged question after question at his Thursday news conference from a press...

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