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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 Impact
Rhea-AI Sentiment
End-of-Day
3.18%
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none
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Rhea-AI Summary
Marqeta reports Q1 2023 financial results, with total purchase volume crossing $50 billion, a $200 million share repurchase program, and expected annual expense reductions of $40-45 million. Net revenue increased by 31% YoY to $217 million, gross profit increased by 19% YoY to $89 million, and GAAP net loss was $69 million. Marqeta highlights its focus on embedded finance and recent business partnerships. The company plans to reduce operating expenses and aims for profitability. Guidance for Q2 2023 includes net revenue growth of 17-19% and gross profit growth of 1-3%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.51%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.45%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.79%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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partnership
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
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partnership
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.41%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
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management
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Marqeta Inc

Nasdaq:MQ

MQ Rankings

MQ Stock Data

2.80B
355.25M
1.05%
80.29%
2.6%
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.