Tag: Financial Services

Allianz profit guidance disappoints despite record 2025

Allianz SE VNA O.N. (ALVG) on Thursday reported record operating profit for 2025 but issued 2026 guidance that fell short of analyst expectations, with the insurer targeting operating profit of €17.4 billion, plus or minus €1 billion, compared to consensus estimates of €18.1 billion.

Circle Internet Stock Jumps 17% After Earnings. Stablecoin Leader Stabilizes the Ship.

Shares of Circle Internet Group (CRCL) spiked Wednesday after the stablecoin company reported better-than-expected quarterly earnings.

Klarna’s Quarterly Revenue Tops $1 Billion for the First Time. The Stock Is Still Falling.

Klarna, the Swedish buy now, pay later provider, posted what it called its “first billion-dollar revenue quarter” on Thursday. The stock reaction indicates investors weren’t all that impressed.

Cadence beats quarterly profit and revenue estimates on strong AI-linked demand

Cadence Design Systems (CDNS) beat quarterly revenue estimates on Tuesday, as strong demand for complex artificial intelligence processors lifted sales of its chip design software.

NatWest profits rise 25% as bank strikes biggest deal in decades

NatWest’s pre-tax profits rose 25 per cent to £7.7bn last year, partly driven by a boost to its private banking and wealth division, setting the stage for its largest acquisition in 20 years.

SocGen’s weak trading revenue overshadows forecast-beating results

Societe Generale (SOGN) reported a sharp drop in investment banking trading revenue that underperformed rivals and overshadowed an overall forecast-beating fourth quarter, hitting its shares on Friday.

PayPal shares sink 17% after forecasting weak 2026 earnings; HP’s Enrique Lores named new CEO

PayPal issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, while naming HP’s Enrique Lores as its president and CEO.

Visa Beats Expectations on Stronger Spending. The Stock Is Falling.

Visa (V) reported better-than-expected adjusted earnings and revenue for its fiscal first quarter, boosted by strong card user spending.

Lazard shares rise as fourth quarter earnings beat estimates

On Thursday, Lazard Inc. (LAZ) reported fourth-quarter adjusted earnings and revenue that surpassed analyst expectations, driven by strong performance in both its main business segments.

Old Republic misses earnings estimates despite revenue growth

On Thursday, Old Republic International Corporation (ORI) reported fourth quarter earnings that fell short of analyst expectations, despite posting higher revenue.

Huntington Bancshares beats Q4 estimates, shares fall on acquisition costs

On Thursday, Huntington Bancshares Incorporated (HBAN) reported fourth-quarter adjusted earnings that exceeded analyst expectations.

Berkshire prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe

Berkshire Hathaway, with new CEO Greg Abel in charge, has taken a formal step toward unwinding a rare misstep by Warren Buffett.

Charles Schwab Earnings Are Lower Than Expected. The Stock Is Down.

A surge in investor activity boosted Charles Schwab (SCHW) profits in 2025, but the company’s fourth-quarter results fell just a tad short of Wall Street expectations.

Ally Financial shares fall 3% as investors focus on auto finance weakness

Ally Financial Inc. (ALLY) reported fourth quarter adjusted earnings that beat analyst expectations on Wednesday.

Apple Card Taken Over by JPMorgan. Why Goldman Has Exited the Credit Play.

JPMorgan Chase (JPM) is taking over the Apple (AAPL) credit-card program from Goldman Sachs—and the iPhone maker will be hoping a new partner brings about a change in fortunes for the co-branded program.

Visa and Mastercard report 4% growth in US holiday retail sales

Sales for U.S. retailers have increased by about 4% so far this holiday season as Americans balanced tighter budgets with a desire to upgrade gadgets and refresh wardrobes, according to preliminary figures released by Visa (V) and Mastercard (MA) on Tuesday.

Nasdaq Seeks SEC Approval for 23-Hour Trading During Weekdays

Nasdaq Inc. (NDAQ), the second-largest exchange in the US, is looking for regulatory approval to extend trading hours on its stock venues to 23 hours during the work week.

CME Group resumes trading after cooling issue at data centers

CME Group announced on Friday that its Globex futures and options markets pre-opened at 07:00 Central Time (1300 GMT) and opened at 07:30 CT, following an earlier trading halt caused by a cooling issue at its data centers.

Klarna to launch dollar-backed stablecoin as race in digital payments heats up

Swedish fintech firm Klarna on Tuesday said it will launch a U.S. dollar-backed stablecoin, becoming the latest major payments company to move deeper into digital assets as regulators tighten oversight of the sector.

Klarna Posts First Earnings Report Since Stock IPO. What Investors Should Know.

Klarna Group made its trading debut with a bang in September. Its third-quarter earnings report, the fintech’s first since going public, is putting investor interest to the test.