Global FinTech company OwlTing is preparing to launch a mobile app designed to facilitate remittances sent from the United States. The company submitted the OwlPay Cash app for review by the Apple App Store and Google Play, and plans to make the app available in those stores upon approval, it said in a Tuesday [...]The post OwlTing Challenges Remittance Heavyweights via Visa Direct appeared first on PYMNTS.com.
Micron tripled revenue, sold off on capex fear. The spend is building for a $100B HBM market with contracts already signed. Accenture beat and raised, hit a 52-week low. Record bookings don't print for 6–18 months. Alibaba: Quick Commerce war killed net income −66%. Cloud +36%.
WSM delivered record EPS, zero debt, 51.6% ROIC — and raised guidance twice in the year before beating it. Macy's posted its third consecutive positive comp; Bloomingdale's +9.9%. LULU lost 550 bps of gross margin to tariffs and discounting. Americas comps negative. GIS missed EPS by 12%
TME revenue +16%, margins expanding, paying users up, $5.4B cash. The business is working. Then they announced they're stopping quarterly user metric disclosure — same day free MAUs fell 5%. The market didn't separate the two. −25%.
After a busy first weekend, the Back Alley Bar and Restaurant at the Emo Inn is back and under new management, who have simple plans to keep it a local hotspot. Read Full Article →
