Supporters of US President Donald Trump participate in the Million MAGA March to protest the outcome of the 2020 presidential election, in front of the US Capitol on December 12, 2020 in Washington, D...
Tag: PayPal Holdings Inc
Freyr Battery, Stitch Fix, General Mills, Trupanion and more
General Mills’ Cheerios for sale on a store shelf. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Wednesday. Freyr Battery — Shares of the electric vehicle b...
Change Healthcare, Ford, PayPal, Humana and more
Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images Check o...
PayPal threatens to sever partnership with Phoenix Suns if owner Sarver returns
LOS ANGELES, CA – JUNE 30: Owner, Robert Sarver of the Phoenix Suns interviews after Game 6 of the Western Conference Finals of the 2021 NBA Playoffs on June 30, 2021 at STAPLES Center in Los An...
Netflix, Adobe, Wynn Resorts, Humana and more
Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming stock gaine...
PayPal is ‘clearly now at a turning point,’ its CEO says
“It’s an uncertain macroeconomic environment, but I think we finally got the guidance right, and we’re executing against that.” — PayPal CEO Dan Schulman Pandemic darling PayPal Holdings Inc. PYPL, -2...
JPMorgan (JPM) fintech deal to acquire Renovite to battle Stripe and Block
The main entrance at JPMorgan’s headquarters in New York City. Erik McGregor | LightRocket | Getty Images JPMorgan Chase has agreed to acquire a payments startup called Renovite to fend off thre...
Loeb reverses course on push to get Disney to spin off ESPN
Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ...
‘Forget the past three years’
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the marke...
Gilead Sciences, CVS, Electronic Arts and more
A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images Check out the companie...
PayPal, Airbnb, Match Group, Caesars and more
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in extended trading. Match Group — Shares of the da...
PayPal veteran Jim Magats is named CEO of MX, the startup that connects banks and fintech players
Jim Magats, former PayPal executive who is being named CEO of the startup MX Photo: Tom Cook MX, the startup competing against Plaid to help connect financial institutions and fintech players, is nami...
Chipotle, Microsoft, Alphabet and more
Signage is displayed outside a Chipotle Mexican Grill Inc. restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. Chipotle is scheduled to release earnings figures on July 22. David ...
Boeing, Hilton, Spotify, Garmin and more
Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a wider-than-expected quarterly loss with revenue that fell below consensus estimates. However, Boeing reported po...
New way to short Tesla with AXS Investments ETF
Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure ...
3 reasons why executives are leaving retailers from GameStop to Gap
Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers’ C-suites to stop anytime soon. Already this yea...
These companies hopped on the crypto train when times were booming. Which are exposed in a downturn?
During recent cryptocurrency booms, companies have been quick to jump on the trend, whether by reorienting their entire businesses around the buzzy theme, building meaningful crypto features alongside...
PayPal stock slips after downgrade: ‘Hard to ignore e-commerce woes’
PayPal Holdings Inc. PYPL shares have a “supportive” valuation after a recent slide, but the company may still face challenges stemming from pressure on the e-commerce industry, according to an analys...
There’s more pain coming for investors who own buy now, pay later plays, Jim Cramer says
CNBC’s Jim Cramer on Wednesday warned investors that if they own any buy now, pay later stocks, they should brace themselves for more damage to their portfolios. “These stocks never should...
Forget Klarna? Investors bet new startups will in ‘buy now, pay later’
Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn’t comment on “spe...
FCA investigates Wise CEO Kristo Kaarmann over tax default
Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images The CEO of £3.9 billion ($4.8 billion) fintech firm Wise is being investigated by U.K. regulators after tax authori...
Companies forced to weigh in on privacy, health care
Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginnin...
Brex drops small business customers as Silicon Valley adjusts to new reality
Brex Co-Founder & CEO Henrique Dubugras speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 02, 2019 in San Francisco, California. Steve Jennings | ...
Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on T...
Ethereum close to its major upgrade, but why has it fallen more than bitcoin?
This article has been updated to correct the identification of Citadel Securities. Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m w...
Apple’s latest fintech move has buy now, pay later industry on edge
Apple Pay Later will let users pay for things over four equal installments. Jakub Porzycki | Nurphoto | Getty Images AMSTERDAM — Apple’s move into the crowded “buy now, pay later” sp...
20 value stocks whose growth potential is overlooked by investors
After a years-long bull market in growth stocks, the beleaguered value strategy has outperformed this year, as rising interest rates apply pressure on equities. Below is a screen of large-cap value st...