Year: 2025
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Justin Sullivan | Getty Images At PayPal‘s first investor day in four years, CEO Alex Chriss will deliver a clear message to shareholders: Venmo isn’t just an easy way to split the dinner tab. Chriss, who took the helm in September 2023, is trying to spur a turnaround at the payments company, and Venmo is […]
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‘It’s the beginning’: Kremlin plays it cool ahead of more U.S. talks, says Biden ‘messed things up badly’
Russian President Vladimir Putin speaks with Kremlin spokesman Dmitry Peskov during a summit of leaders of nations, which are members of the Commonwealth of Independent States (CIS), in Moscow, Russia October 8, 2024. Sergei Ilnitsky | Via Reuters After its initial enthusiasm for the thawing of frozen relations, the Kremlin now appears to be playing […]
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Athenahealth to offer Abridge’s AI scribe to its network of thousands of doctors
A doctor looks at an AI-generated clinical note. Courtesy of Athenahealth Health-care software vendor Athenahealth on Tuesday said it will offer Abridge’s artificial intelligence scribing tool to its network of more than 160,000 clinicians. Athenahealth has developed an electronic health record, revenue cycle management tools and patient engagement tools for ambulatory care providers, which include […]
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Stocks making the biggest moves premarket: Eli Lilly, Keurig Dr Pepper, Home Depot, Chegg and more
Check out the companies making headlines before the bell. Hims & Hers Health — Shares tumbled 22%. While the telehealth provider posted a fourth-quarter earnings and revenue beat , it said it would no longer be able to sell compounded versions of weight loss drugs after the first quarter. This comes after the Food and […]
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Nvida to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for the quarter ended in January, which would be a 72% increase on an […]
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Unilever CEO Schumacher to step down after less than two years in the job
Tubs of Ben & Jerry’s ice cream in a store freezer. Bloomberg | Bloomberg | Getty Images Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday, with current CFO Fernando Fernandez set to take his place leading the company. Schumacher — who took the reins […]
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How digitally native companies like Rothy’s are growing profitably in a new era for retail
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO. Ming took the helm of the flats maker from co-founder Stephen Hawthornthwaite in January 2024. Under her direction, the company grew sales 17% to $211 million […]
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Eli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss drug access
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly on Tuesday released higher doses of its weight loss drug Zepbound in single-dose vials at as much as half its usual monthly list price to reach more patients without […]
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Bitcoin drops to a 3-month low below $90,000 in risk-off move
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell through the $90,000 level overnight, weakened by sell pressure in equities as the crypto market awaits its next catalyst. The price of bitcoin fell 6% […]
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Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects. For the full year ahead, the company said it expects total sales to grow by 2.8% and comparable sales, which takes out the impact of one-time factors like […]
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