With launch partners including consumer services such as DoorDash and Uber, and online marketplaces like Priceline and StubHub, Operator's introduction validates the potential value of generative AI taking agency on behalf of shoppers. OpenAI users can share their shopping preferences and buying credentials with AI agents, which will, in turn, autonomously peruse available options and buy on behalf of shoppers. Commerce is a $2.7 trillion part of our economy ' which is why more than $200 billion is spent by retailers, marketplaces and brands each year on new commerce-related technology to better capitalize on all this opportunity. As active participants in the commerce tech ecosystem over the past 25 years, my colleagues and I believe we have a unique vantage point to see what's coming ' and we're convinced that agentic AI is the next wave of innovation that will massively change the commerce landscape. To set some context: The first wave of modern digital disruption in retail was driven by the emergence of e-commerce and fueled by the rise of Amazon, launching in 1994 and achieving dominance in the 2000s. A decade or so later, in 2007, the iPhone introduction ushered in the next wave ' moving digital commerce from the desktop to the mobile smartphone, enabling shopping anyplace, anytime....
Good morning & happy Tuesday! Today's issue is all about financial technology giants and their latest financial results ' We're going to look into Visa's Q1 2025, and how the digital payments juggernaut shows accelerating growth despite FinTech disruption fears (breaking down their latest numbers, what they mean & what's next + bonus deep dive into Mastercard & co), and Nasdaq whose digital transformation is bearing fruit (a closer look at their Q4 2024, why valuation is a concern here + what to expect next). So let's jump straight into the interesting stuff '' Earnings time ' Finance behemoth Visa V 0.00%' just reported stronger-than-expected earnings for the first quarter of fiscal year 2025, with earnings per share (EPS) of $2.75, surpassing the forecast of $2.66. The company also outperformed revenue predictions, posting $9.51 billion against an anticipated $9.35 billion. In short, Visa's Q1 2025 results demonstrate the company's continued dominance in the global payments ecosystem, with robust growth across key metrics and strategic initiatives positioning it well for the future....
' Hey, Linas here! Welcome back to a ' weekly free edition ' of my daily newsletter. Each day I focus on 3 stories that are making a difference in the financial technology space. Coupled with things worth watching & most important money movements, it's the only newsletter you need for all things when Finance meets Tech. Adyen's Q3 2024: premium payments player hits growth speed bump, but long-term thesis remains intact '' [see how premium payments player hits growth speed bump and why long-term thesis remains intact + more bonus reads inside] Mercado Libre's Q3 2024: Latin America's e-commerce giant is trading growth for margins ''' [breaking down their Q3 2024 financials, what they mean, why I'm bullish on MELI 0.00%' & why you should be too] Block's digital payments empire continues to show strong fundamentals and execution excellence ''[deep dive into their Q3 2024 results, unpacking the most important numbers & whether Block is worth your time and money in 2024 and beyond] MoneyLion is a FinTech dark horse that's emerging as the "Amazon of Financial Services" '' [breaking down their latest numbers, what they mean and what's next & whether MoneyLion is worth your time and money in 2024 and beyond]...
Good morning! We're starting another great FinTech week on Tuesday but it's truly worth the wait ' Today we're looking at FIS whose core banking dominance and digital transformation continue to power growth (breaking down their latest key numbers, what they mean & whether FIS is worth your time and money in 2024 + bonus dive into FIS's competitor), and FinTech disruptor Marqeta, which is poised for continued growth (unpacking Marqeta's Q3 2024 financials, what they tell us & what's next). Let's just jump straight into the hot stuff ''...
