Mastercard Inc beat second-quarter profit estimates on Thursday but the world’s second-largest payments processor raised its full-year guidance for expenses, sending its shares 3 percent lower before the opening bell.
Amazon.com Inc forecast strong fall sales and posted a profit that was double Wall Street targets on Thursday thanks to the retailer’s younger, higher-earning businesses, including cloud computing and advertising.
Visa Inc, the world’s largest payments network, topped analysts’ estimates for third-quarter profit on Wednesday, as an expanding U.S. economy encouraged more people to spend using their credit and debit cards.
Facebook shares plummeted on Wednesday after executives said that profit margins would plummet for several years due to the costs of improving privacy safeguards and slowing usage in the biggest advertising markets.
The Milan-based shopping destination is set to open its first ever US location at NYC’s Seaport District, bringing its unique blend of fashion, art and cuisine to the historic waterfront neighbourhood in September 2018.
The CEO of Walmart India, Krish Iyer, announced that the business will open six stores in Uttar Pradesh which will bring its total in the area to 10 and solidify its focus on the region as a priority growth region.