News of New York

Tech Giants Apple and Amazon Earnings Await: Wall Street Braces for Explosive Week Ahead
31 July 2023
3871
Major Stock Moves Witness Monday's rising stock futures following the S&P 500's impressive month of gains. Stay tuned as Wall Street focuses on earnings from tech giants Apple and Amazon.com, along with the highly anticipated monthly U.S. jobs r...
Hedge Funds Dump Buzzing Reddit Stocks GM, PYPL, AVGO - What You Need to Know
3 July 2023
3865
WallStreetBets' Favorites The world of stock discussions on Reddit has become a prominent platform for investors. Today, we delve into the attention three stocks have captured: General Motors (NYSE: GM), PayPal Holdings (NASDAQ: PYPL), and Broadcom ...
Investors wary despite bank bailout: Dow Jones, S&P 500 and NASDAQ all down
18 March 2023
3720
US stock market falls Stocks ended the week with a decline as investors dealt with persistent banking issues in anticipation of the upcoming Federal Reserve meeting. The Dow Jones, S&P 500, and NASDAQ Composite all finished the day down. This f...
Stock market on Friday: Stocks end the week with losses
11 February 2023
4480
US stock market US stock indices fell for the third consecutive week in early trading on Friday. Since the start of the week, the Dow Jones has lost 1.1%, the S&P 500 2% and the Nasdaq Composite 2.7%. However, at the end of trading, the Dow Jon...
The stock market this week
31 January 2022
3480
Schedule for the week Stocks were very volatile last week and market analysts are predicting a further "transitional period". The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volati...
PayPal shares fall after disappointing forecasts
9 November 2021
3833
PayPal deal with Amazon Shares of PayPal (PYPL) fell nearly 3 percent in after-hours trading Monday after the company reported Q3 earnings below Wall Street expectations and gave a disappointing outlook. PayPal (PYPL), the payments g...
This week's events: reports, Investors Day and indices
8 November 2021
3761
Weekly Schedule U.S. inflation data for October and quarterly earnings reports from Coinbase (COIN), PayPal (PYPL), Palantir (PLTR) and Disney (DIS), as well as the Rivian IPO will be the focus of stock market participants this week. Stocks this we...
Pinterest shares up 13%
22 October 2021
3889
PayPal could buy Pinterest Shares of Pinterest (PINS) rose 12.8% on news of its potential acquisition by PayPal (PINS). Shares of PayPal fell nearly 5 percent Wednesday. Market analysts were divided on th...
Amazon will increase competition for Square, PayPal and Shopify with a new cash register system
10 September 2021
4111
Payment system from Amazon Shares in major digital payments companies Square (SQ) and PayPal (PYPL) as well as Shopify (SHOP) fell sharply on Wednesday following news that Amazon (AMZN) is preparing to offer online and offline retailers its new paym...
Twitter launches paid Super Follows to monetize followers
3 September 2021
4114
Monetising Twitter followers Twitter (TWTR) shares rose 1.6 per cent on Wednesday after the company announced the test launch of its Super Follows paid tweets feature. The feature will allow you to earn money from your&...
Trading stocks on PayPal can become source Income
2 September 2021
4138
Income from share trading PayPal is preparing to launch an equity trading platform, a continuation of its efforts to diversify and expand its business. PayPal already has a cryptocurrency trading option and is aiming to become a 'super app' for fina...
Threats to Robinhood's business grow from PayPal and the EU
31 August 2021
4094
Threat to business Robinhood shares fell 6.9 per cent on Monday amid news of competition threats from PayPal and regulatory risks to the company's business model from the US Securities and Exchange Commission (SEC). Sh...
Online lender Affirm shares up 36% on Amazon deal
30 August 2021
4055
Affirm & Amazon Fintech newcomer Affirm (AFRM), a consumer lending company, on Friday announced a partnership with Amazon (AMZN). A limited number of Amazon customers will be able to make instalment payments of $50 or more th...
SoftBank dumps shares in Microsoft, Facebook, Alphabet and Netflix
11 August 2021
4243
Stock sell-off Softbank, the world-renowned Japanese investment bank, published its financial report for the quarter ended 30 June on Tuesday. In addition to lower profits, Softbank's report showed a sell-off in shares in Microsoft, Facebook, Alphab...
New York Stock Exchange pre-market on Thursday
29 July 2021
3863
State of the stock market on Thursday Facebook (NASDAQ:FB) shares fell 3.1% on the New York Stock Exchange premarket on Thursday after the social media giant warned of a significant slowdown in revenue growth in the current third quarter and next. ...
PayPal wants to become a "super app"
11 May 2021
6643
PayPal is "super app" PayPal is preparing to introduce a number of new features in the third quarter as its management sees the company's future in the concept of a "super-app" with capabilities that go far beyond the payment function alone. PayPal...
Visa launches cryptocurrency payment option Stablecoin USD Coin
30 March 2021
4275
Payment in cryptocurrency Visa has announced that it will allow USD Cion, a cryptocurrency backed by a dollar, to be used for payments on its payment network. Visa has partnered with Crypto.com, a cryptocurrency transaction platform. The world's la...
Stripe has a market valuation of $95bn
17 March 2021
3765
New funding round Stripe, the international payment processing company, has raised $600m in funding and has a market valuation of around $95bn. higher than the valuation of Facebook or Uber on the eve of their IPOs. Stripe's millions of customers in...
PayPal aims to triple payment volume by 2025 with new financial services
13 February 2021
4216
PayPal shares and targets Shares in PayPal rose after the company announced plans to launch new financial services on its platform over the next two years, in particular stock trading and the creation of "high-yield savings ...
U.S. stock indices closed on the upside
5 February 2021
3689
U.S. indices U.S. stock indices ended Thursday's trading up strongly, with the S&P 500 reaching a record high. Traders assessed new company reports and statistical data. The Dow Jones Industrial Average index rose 332.26 points (1.08%) to 31055...
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Netflix
21 Mention
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