PayPal refrained from reiterating growth targets, trimmed its forecasts, and said it was shifting strategy away from growing its user base in its latest earnings. Dreamstime Text size PayPal Holdings ...
Tag: Technology
Cramer cheers Alphabet stock split, expects retail investors to buy in
CNBC’s Jim Cramer said Wednesday he expects retail investors will flock to shares of Alphabet in greater numbers after the Google parent completes its planned 20-for-1 stock split. “If the...
Here’s Why PayPal Stock Fell Down So Much Today
Text size PayPal stock is on pace for its worst percentage decline on record. Getty Images PayPal stock was in free-fall as investors—and Wall Street—reassessed the payments company after it issued a ...
Qualcomm stock slips following strong earnings and outlook
Qualcomm Inc. shares slipped in the extended session Wednesday as the chip maker’s quarterly results and outlook topped Wall Street estimates, but certain business segments fell short of expectations....
The Launch Of The ICICB Chain To Unravel A New Era Of Blockchain Technology
ICICB Group, a UAE-based financial services company headquartered in Dubai, unveiled that it will be launching the ICICB Chain. The ICICB Group aims to develop the “world’s best blockchain” that provi...
Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chairman resign
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
Crypto exchange FTX to buy Japanese rival Liquid
Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021....
Dynatrace Reports Strong Earnings. Why the Stock Is Falling Sharply.
Text size Dreamstime Shares of Dynatrace fell sharply after the software intelligence company posted earnings that beat expectations, but issued guidance that disappointed investors. Dynatrace (ticker...
Satellite internet tier at $500 per month
SpaceX has quietly rolled out a new, more powerful “premium” tier of its Starlink satellite internet service that’s targeted at businesses and enterprise customers. The new product, ...
PayPal Is Plunging. Wall Street Is Reassessing the Stock.
Text size PayPal stock pointed 19% lower in premarket trading Wednesday. Getty Images PayPal ‘s fourth-quarter earnings, and particularly its disappointing outlook, are spooking investors. Wall Street...
Washington Football Team officially renamed Washington Commanders
Washington quarterback Taylor Heinicke (4) throws a pass during the Kansas City Chiefs versus Washington Football Team National Football League game at FedEx Field on October 17, 2021 in Landover, MD....
Blockchain Among Technologies to Be Prioritized by Saudi Arabia’s IT Decision Makers in 2022 – Technology Bitcoin News
Blockchain is among six emerging technologies that will be prioritized by the Kingdom of Saudi Arabia (KSA)’s IT decision makers in 2022 and beyond, according to a recent study. Effect of Covid-19 The...
The ‘best job in America’ pays $145,000, has 14,000 job openings — and offers a generous work-life balance
A six-figure salary and the option to work from home? It sounds too good to be true. Job openings are rising, while workers continue to quit. The number of vacant jobs hit 10.9 million in December, up...
Crypto start-ups raised huge venture funding rounds in January
A bitcoin sculpture made from scrap metal is installed outside the BitCluster cryptocurrency mining farm in Norilsk, Russia, on Sunday, Dec. 20, 2020. Andrey Rudakov | Bloomberg | Getty Images Cryptoc...
Microsoft, Shell invest in LanzaJet, sustainable jet fuel start-up
The LanzaJet Freedom Pines Fuels plant in Soperton, Ga., is expected to begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol in 2023. Photo courtesy LanzaJe...
Astra expects to receive FAA license for Florida launch by Friday
The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as earl...
PayPal stock sinks after earnings as inflation, spending pressures weigh on outlook
PayPal Holdings Inc. largely matched expectations for its holiday quarter but shares plunged late Tuesday after the company delivered an earnings forecast that came up shy of expectations. Shares were...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...
Tesla to recall FSD Beta software that let drivers roll past stop signs
Tesla will recall software from 53,822 of its Model S, X, 3 and Y vehicles in the U.S. to eliminate a feature that let cars automatically roll through stop signs, according to records published today ...
Opinion: Biden borrows too much, while America’s economy hollows out
It’s easy to be distracted by Russia’s provocations in Ukraine and the Federal Reserve’s new war on inflation but as the economy recovers from the delta and omicron variants, difficult post-pandemic c...