Twitter shares
Shares of (TWTR) rose for the first time (up 5.7%) on Monday following news of Jack Dorsey's departure and new CEO Parag Agrawal. Cathie Wood's Ark Invest fund bought 1.1 million shares in Twitter following the management change. Here...
Developments for the week
This week, the Fed will reveal details of its plan to cut bond purchases, and the U.S. government will release employment data for October. The U.S. reporting season will continue with earnings and revenue reports from ...
Shares Fall
Shares of payments systems giant Visa (V) fell sharply Wednesday amid a Wall Street Journal report that the U.S. Justice Department is looking into the financial incentives Visa gave to Square, Stripe and Pa...
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...
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...
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...
Square and Afterpay
US fintech company Square Inc, founded by Twitter founder Jack Dorsey, has entered into an agreement with Australian online payment merchant Afterpay Limited to swap shares worth $29bn, according to a statement from Squ...
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...
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...
Large BTC outflow
A record daily bitcoin (BTC) outflow from cryptocurrency exchanges is causing optimism that the price of the largest cryptocurrency by market capitalisation will continue its parabolic rise.
Bitcoin has risen more than 1...
New crypto service
Analysts predict that PayPal will grow due to the new Cryptocurrency service, as customers are showing high demand for it amid rising cryptocurrency prices. This will bring PayPal profit growth when&n...
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