STOCK TITAN

Marqeta Inc - MQ STOCK NEWS

Welcome to our dedicated news page for Marqeta (Ticker: MQ), a resource for investors and traders seeking the latest updates and insights on Marqeta.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Marqeta's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Marqeta's position in the market.

Rhea-AI Summary
Marqeta (MQ) achieves a significant milestone by processing over $1 billion in volume in a single day, following its impressive Q4 and Full Year 2023 earnings where it surpassed $200 billion in annual TPV. The company's modern card issuing platform demonstrates scalability and resilience, positioning it as a key player in the embedded finance solutions market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.91%
Tags
none
-
Rhea-AI Summary
Marqeta, Inc. (MQ) reported strong financial results for Q4 and full year 2023 with $62 billion in fourth quarter total processing volume, up 33% YoY, and $119 million in net revenue. Annual TPV was $222 billion, up 34%, generating $676 million in revenue. Despite a 42% decrease in Q4 net revenue due to the Cash App contract, the Company saw a 10% decrease in annual revenue. Marqeta reported a GAAP net loss of $40 million for Q4 and $223 million for the full year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.91%
Tags
earnings
-
Rhea-AI Summary
Marqeta partners with AffiniPay to launch MyCase Smart Spend, a comprehensive solution for law firms to manage expenses with a LawPay Visa SMB credit card embedded within the platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.95%
Tags
none
Rhea-AI Summary
Scott Shamberg, former global CEO of Publicis performance agency Performics, joins PlusMedia, LLC as President to enhance marketplace presence and drive revenue growth. With a background in digital marketing and experience with Fortune 100 brands, Scott aims to leverage his expertise in online and offline marketing to position PlusMedia as a leading omnichannel marketing performance firm.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.25%
Tags
none
-
Rhea-AI Summary
Marqeta (MQ) partners with Internet Travel Solutions (ITS) to launch a customizable Travel & Expense credit card platform for mid-sized businesses. With the rebound of business travel post-pandemic and the increasing demand for digital services, Marqeta's credit card solutions aim to streamline expenses and enhance operational efficiency for corporate clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.38%
Tags
none
-
Rhea-AI Summary
Marqeta, Inc. (NASDAQ: MQ) to Host Conference Call and Webcast to Discuss Q4 and Full Year 2023 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
earnings
Rhea-AI Summary
Marqeta (NASDAQ: MQ) appoints Alan Carlisle as Chief Compliance Officer, a veteran with over 25 years of experience in financial services and capital markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
none
-
Rhea-AI Summary
Marqeta (MQ) partners with Credi2 to create a card-led instalment platform for European banks. The partnership aims to meet the growing demand for flexible and seamless digital payment experiences, with the BNPL market forecasted to become a €300 billion industry in Europe by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
none
-
Rhea-AI Summary
Marqeta, Inc. (NASDAQ: MQ) to Host Investor Day and Conference Call on November 10, 2023, with CEO Simon Khalaf and CFO Mike Milotich. Investor Day materials to be published on the company's Investor Relations website at 4:30 ET. Webcast of the conference call will be available on https://investors.marqeta.com/
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
Tags
none
Rhea-AI Summary
Marqeta, Inc. (NASDAQ: MQ) reported $57 billion in total processing volume with net revenue of $109 million in Q3 2023. The company announced new business updates and a decrease in net revenue due to a contract renewal with Cash App, impacting gross profit and net loss.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.69%
Tags
earnings
Marqeta Inc

Nasdaq:MQ

MQ Rankings

MQ Stock Data

3.06B
355.25M
4.92%
80.29%
3.01%
Data Processing, Hosting, and Related Services
Information
Link
US
Oakland

About MQ

marqeta has re-engineered how payment cards, virtual cards and mobile authorization products should be developed and deployed. the marqeta platform, built from the ground up with no legacy infrastructure, provides the world’s first fully documented, open api issuer processor platform. companies can build, issue and deploy innovative payment, finance and commerce solutions with enormous control over what, where, and how purchases are authorized. adopters of the marqeta platform include leading financial services, e-commerce, retail, and social media brands. engineered in california, the marqeta platform integrates with visa, mastercard and discover and makes it easier than ever to make payments, receive payments, reward customers and create more efficient business processes. learn more at http://www.marqeta.com.