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PayPal Holdings Inc

Apple, Goldman Sachs were planning a stock-trading feature for iPhones

by Ev Richard
Apple, Goldman Sachs were planning a stock-trading feature for iPhones

As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on an investing feature that would let consumers buy and sell …

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Categories Technology

Stocks making the biggest moves premarket: DASH, ARM, PYPL

by Adrian Jhonsan
Stocks making the biggest moves premarket: DASH, ARM, PYPL

A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in …

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Categories World

Fintech giant Wise allowed Russia sanctions target to withdraw money

by Adrian Jhonsan
Fintech giant Wise allowed Russia sanctions target to withdraw money

Wise CEO and co-founder Kristo Kaarmann. Wise British financial technology giant Wise allowed an individual on the Russian sanctions list to withdraw money, a U.K. government body said Thursday.   …

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Categories World

Buy now, pay later firm Klarna reduces losses by 67%, revenue up 21%

by Ev Richard
Buy now, pay later firm Klarna reduces losses by 67%, revenue up 21%

Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as the company dramatically cut costs in a bid toward profitability. …

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Categories Technology

Intuit’s Alex Chriss named new PayPal CEO

by Ev Richard
Intuit’s Alex Chriss named new PayPal CEO

PayPal‘s new CEO will be Alex Chriss, the executive who runs the small business and self-employed group at Intuit, members of PayPal’s board announced Monday. Chriss will take over for …

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Categories Technology

Jose Fernandez da Ponte, PayPal’s Crypto Chief, Addresses Challenges Against Tether and USDC

by Milton Acorn
Jose Fernandez da Ponte, PayPal’s Crypto Chief, Addresses Challenges Against Tether and USDC

On Monday, PayPal announced the launch of its own cryptocurrency token called PayPal USD, which is a stablecoin pegged to the US dollar. PayPal aims to tap into the growing …

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Categories Science

Major U.S. financial institution introduces first dollar-backed stablecoin in collaboration with PayPal

by Ev Richard
Major U.S. financial institution introduces first dollar-backed stablecoin in collaboration with PayPal

A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California. Justin Sullivan | Getty Images PayPal on Monday launched a U.S. dollar-backed stablecoin …

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Categories Technology

Top 10 Stock Market Highlights to Look out for on Friday, According to Jim Cramer

by Adrian Jhonsan
Top 10 Stock Market Highlights to Look out for on Friday, According to Jim Cramer

My top 10 things to watch Friday, August 4: 1. [Club name] Amazon’s (AMZN) second-quarter results on Thursday gave investors exactly what they wanted. The ecommerce giant dramatically brought down …

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Categories World

Apple struggles while Amazon soars

by Adrian Jhonsan
Apple struggles while Amazon soars

Freight semi trailers are docked at the Amazon warehouse in Palmdale, California, on July 25, 2023. Robyn Beck | Afp | Getty Images This report is from today’s CNBC Daily …

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Categories World

Stocks with Significant Midday Activity: Southwest Airlines (LUV), Qualcomm (QCOM), Roku (ROKU), The Clorox Company (CLX)

by Adrian Jhonsan
Stocks with Significant Midday Activity: Southwest Airlines (LUV), Qualcomm (QCOM), Roku (ROKU), The Clorox Company (CLX)

Southwest Airlines planes sit idle on the tarmac after Southwest Airlines flights resumed following the lifting of a brief nationwide stoppage caused by an internal technical issue, according to the …

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Categories World
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