Key Takeaways Shopify's merchant growth is driven by tools such as Shop Pay, Installments, and the Shop App. AI-powered features like Sidekick and Shop Inbox help merchants streamline operations and boost engagement. New alliances with platforms like TikTok and YouTube support SHOP's efforts to expand its merchant ecosystem.Shopify (SHOP) is benefiting from robust growth in its merchant base driven by its merchant-friendly tools, including Shop Pay, Shopify Pay Instalments, Sign in with Shop and the Shop ...

ToplineGreen Dot’s boffo first quarter earnings report suggests embedded banking could increase the company’s stock price as European rivals grow rapidlyPASADENA, CA - FEBRUARY 19, 2015: The Green Dot Corporation is a prepaid debit card and prepaid card ... More reloading company which targets "banked, underbanked and unbanked" customers located in Pasadena, California. (Photo by Gina Ferazzi/Los Angeles Times via Getty Images)Los Angeles Times via Getty Images Key FactsGreen Dot’s first quarter results rev ...

Core Viewpoint - The current operating environment for Bank of America is characterized by significant policy uncertainty, impacting consumer spending and overall economic health [6]. Group 1: Company Overview - Brian Moynihan has been the CEO of Bank of America for 15 years, focusing on responsible growth and adapting to changes in the operating environment [6]. - The company is actively assessing the macroeconomic factors affecting consumer behavior, including spending and deposits [7]. Group 2: Industry Context - The financial services industry is experiencing considerable changes due to evolving policies and economic conditions, which are crucial for understanding consumer health and spending patterns [6][7].

Key Takeaways AI Cloud revenue hit RMB6.7B, marking 42% growth and a rising share of Baidu Core revenue. Qianfan MaaS platform and ERNIE model upgrades are fueling scalable, cost-efficient AI adoption. Subscription-based sales now dominate cloud revenue, with Gen AI subscriptions growing triple digits.Baidu (BIDU) is beginning to see real traction from its years-long investment in artificial intelligence (AI), with AI Cloud emerging as a key driver of growth and profitability. While macro pressures and re ...

Hollywood is taking aim at the AI image generator Midjourney. On Wednesday, Disney and NBCUniversal's movie studios sued Midjourney, alleging its product ripped off their famous characters in properties ranging from Star Wars to The Simpsons.The media companies use colorful language in their 110-page copyright infringement lawsuit. They argue that Midjourney's tech amounts to a "virtual vending machine, generating endless unauthorized copies of Disney's and Universal's copyrighted works." They call Midjo ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A sign is displayed on a Google building at their campus in Mountain View, Calif., Sept. 24, 2019. Credit: AP Photo/Jeff Chiu, File Google has offered buyouts to another swath of its workforce across several key divisions in a fresh round of cost cutting coming ahead of a court decision that could order a breakup of its internet ...

DoorDash will pay $175 million to purchase advertising tech company Symbiosys.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The acquisition was announced Wednesday (June 11) as part of a larger update on the comp ...

NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for June 2025, July 2025 and August 2025. The distributions remain consistent with prior declared monthly distributions. The annualized total cash distribution is $1.34016 per share (17.4% annualized rate for Class R and 18.7% annualized rate for Class I), for distribution ...

U.S. stocks ticked higher at midday Wednesday, buoyed by signs of progress in U.S.-China trade negotiations and cooler-than-expected inflation data, both of which supported risk appetite.President Donald Trump announced that a new trade agreement with China had been reached, pending final signatures from him and Chinese President Xi Jinping.On the economic front, the Bureau of Labor Statistics reported that annual consumer inflation rose to 2.4% in May, slightly below the 2.5% forecast. Core inflation held ...

Meta-owned WhatsApp reportedly joined a legal challenge against the U.K. government’s demand that Apple allow it access to the company’s encrypted customer data.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Whats ...