Key facts
- Chime increased its full-year revenue growth forecast.
- Chime cited strong demand for its digital banking products.
- Chime CFO Matt Newcomb is stepping down.
- Matt Newcomb served a decade-long tenure at Chime.
- Beyond Meat forecasts third-quarter revenue to surpass Wall Street estimates.
- Beyond Meat's forecast is supported by steady international demand.
- Beyond Meat's international demand counteracts a decline in U.S. sales.
- Beyond Meat reported a narrower adjusted loss per share in the second quarter.
Chime has revised its full-year revenue growth forecast upwards, surpassing Wall Street expectations. This optimistic outlook is attributed to strong demand for the company's digital banking products. Concurrently, Chime announced a significant leadership change: Chief Financial Officer Matt Newcomb is stepping down. Newcomb concludes a decade-long tenure with the company.