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This list will track the publicly traded companies that are making bets, big and small, on cryptocurrencies like bitcoin and ether. Yahoo Finance will update this list as new companies enter the crypto space.
Square, the payments company helmed by Jack Dorsey, has put its Terminal device in the hands of more than half the roving concessionaires in Washington Nationals ballpark in Washington, D.C.
Paypal (PYPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Microsoft (MSFT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Square (SQ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
BAML Survey: How Are Global Fund Managers Positioned?(Continued from Prior Part)Biggest tail risk In Bank of America Merrill Lynch’s April 2019 survey, the slowdown in China and the trade war tied for the biggest tail risk according to the
Wall Street’s top six banks posted a decidedly mixed set of results for the first quarter, with retail banks generally triumphing over their more capital markets focused rivals and dealmakers having a better time of it than traders. Investor reaction was most decisive against Goldman Sachs. Analysts attributed the fall to Goldman’s decision to defer a much-anticipated strategic update until early next year.
With the major financial markets closed for the day, volumes will be on the lighter side. U.S housing data will be the only numbers for the Dollar to respond to.
Zoom’s dizzying ascent -- its shares rose as much as 83 percent before closing up 72 percent -- left founder and Chief Executive Officer Eric Yuan lamenting the high price and the pressure it puts on the company. Just two years ago, Zoom was valued at only $1 billion in a private funding round. “The price is too high,’’ Eric Yuan said in an interview with Bloomberg TV.
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Intel’s exit from the 5G phone business On April 16, Intel (INTC) announced that it is planning to exit the 5G smartphone modem market, as it wants to put its
“The price is too high,’’ Eric Yuan said in an interview with Bloomberg TV on Thursday. Shares of the video-conferencing service rose as much as 83 percent above its initial public offering price, and closed up 72 percent at $62 at in New York, valuing the company at $15.9 billion. The jump in the shares puts Zoom’s valuation above that of two companies that raised more money in their recent IPOs.
Berkshire-Backed StoneCo Tumbles after ITUB Ups AnteStoneCoStoneCo (STNE) was trading down 27.6% as of 1:30 PM ET. The negative price action was driven by an announcement by Itaú Unibanco Holding (ITUB). Reuters reported, “Rede, Itaú’s card
The value of overall sales in March rose 1.6 percent, boosted by gains in motor vehicles and gasoline stations, after an unrevised 0.2 percent decrease the prior month, according to Commerce Department figures released Thursday. A Labor Department report released at the same time showed initial jobless claims fell last week to 192,000, the lowest since September 1969. Economists had projected an increase.
E*TRADE's (ETFC) first-quarter 2019 results reflect top-line strength, a benefit to provision for loan losses and lower expenses.
Starting Thursday and following a software update, users in the EU opening Google’s mobile app store will be presented with a choice of alternatives to Google search and Chrome. The Alphabet Inc. unit said options will vary by market, but Microsoft Corp.’s Bing and Norway’s Opera are notable competitors in the European search and browser market respectively.
FT subscribers can click here to receive #techFT every day by email. Online pinboard provider Pinterest went up on the boards of the New York Stock Exchange on Thursday and opened 25 per cent above its ...
Pinterest’s shares started trading on Thursday with some impressive credentials to buoy them up. The US social network claims half of users shop on its site and that eight out of 10 American mothers have an account on its virtual pinboard. Pinterest looks cute but it has still gone for a very immodest value of 15 times trailing revenue.
February’s employment report was mixed and in this week’s Reserve Bank of Australia minutes, the central bank didn’t sound too excited about the upcoming report. In the minutes, the RBA said that an uptrend in the unemployment rate would open the door to a rate cut.