While this would mark the largest rate hike since May 2000, it would serve to mitigate inflationary pressure on consumers now.
In the larger scheme of things, it would not surprise me to see investors taking more defensive or cautious positions now.
He notes, “The combination of our leading cloud communications platform with Twilio Segment’s #1 customer data platform gives Twilio an unparalleled view into the customer journey, and I’ve never been more excited about the future of the company than I am today.” As more workspaces opt for hybrid arrangements, demand for Twilio’s services could, in theory, persist.
Notably, CVS says that this is thanks to a growing demand for its prescriptions and non-Covid-related offerings across the board.
In detail, CVS notes that its bid to attract new customers, greater prescription filling volume, and more seasonal illness-related spending are key contributors to its current momentum.
On the whole, this would represent noticeably year-over-year declines for Block on the revenue and earnings per share fronts.
This includes efforts to cater to small-and-medium enterprises, bolstering services from its acquisitions, and optimizing its Cash App peer-to-peer payments platform.
Speaking of earnings, here are more major players stepping up to the plate for their latest earnings calls today.
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