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November 27, 2021

PayPal Holdings Inc

Stripe co-founder says the $95 billion fintech giant is ‘very happy’ staying private

CNBC
CNBC – For more and to sign up click here Online payments giant Stripe is still in no rush to go public, with co-founder John Collison telling CNBC the company is happy staying private for now. “We’re very happy as a private company,” Collison said, speaking in an interview with......

Crypto start-up MoonPay hits $3.4 billion valuation as bitcoin fever reaches new heights

CNBC
CNBC – For more and to sign up click here MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency start-ups have raised record funding this year. It’s no surprise, then, that some major players in......

‘Criminals love buy now, pay later’: How fraudsters exploit popular interest-free payment plans

CNBC
CNBC – For more and to sign up click here The Klarna logo displayed on a phone screen. Jakub Porzycki | NurPhoto | Getty Images LONDON — Buy now, pay later services aren’t just popular among consumers. They’re also proving to be a hit with criminals. Fraudulent activity is on......

Cramer looks at tech stocks to own in AI, the metaverse, electric vehicles and fintech

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer bought “Mad Money” back to San Francisco for the first time in two years and talked about the four major innovations and the companies that justify tech as a leader in the stock market. 1. ‘Using artificial......

Jim Cramer recommends selling some stock to raise cash until the market is less confusing

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday advised investors to trim some stock positions in order to collect cash that can be deployed back into the market when there’s more certainty. The “Mad Money” host said he sees a number of contradictory......

PayPal stock is having its worst day in 20 months after a disappointing revenue forecast

CNBC
CNBC – For more and to sign up click here Dan Schulman, CEO, Paypal speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC PayPal shares plunged the most since the early days of the pandemic on Tuesday, after an earnings report in which......

PayPal issues disappointing revenue forecast for next year; announces Venmo deal with Amazon

CNBC
CNBC – For more and to sign up click here The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal reported revenue growth for the third quarter of 13% on Monday and said it’s teaming up with Amazon to let U.S.......

Stocks making the biggest moves after hours: Robinhood, TripAdvisor, PayPal & more

CNBC
CNBC – For more and to sign up click here TripAdvisor app Source: TripAdvisor Check out the companies making headlines in after hours trading: Roblox — Roblox shares surged 30% following the online gaming platform’s quarterly results. The company reported revenue of $637.8 million during the period, ahead of the......

Dow futures are little changed after a record close on Friday

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) on October 25, 2021 in New York City. Spencer Platt | Getty Images Stock futures idled in overnight trading after the major U.S. market indexes reached record highs......

Cramer’s week ahead: Strong earnings may help market overcome a historically tough period

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Friday looked ahead to next week’s key market events after the S&P 500 notched its seventh consecutive day of gains to close at a record-high 4,697.53. “We need to see if this rosy action can hold......

Pinterest beats on earnings and revenue even as monthly user number drops

CNBC
CNBC – For more and to sign up click here Benjamin “Ben'” Silbermann, co-founder and chief executive officer of Pinterest. Patrick T. Fallon | Bloomberg | Getty Images Pinterest on Thursday reported better-than-expected earnings and revenue for the third quarter despite a decline in monthly users. The company’s stock rose 6%......

Stocks making the biggest moves in the premarket: Pinterest, PayPal, Tesla and more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Pinterest (PINS) – Pinterest shares tumbled 13.2% in premarket trading after PayPal (PYPL) said it was not pursuing an acquisition of the social media company at this time.......

PayPal says it’s not looking to buy Pinterest right now; shares jump 5%

CNBC
CNBC – For more and to sign up click here The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images U.S. payments giant PayPal said Sunday that it is not currently interested in buying social media platform Pinterest. Responding to what it called “market rumors,”......

Now you can buy now, pay later for just about everything

CNBC
CNBC – For more and to sign up click here Why pay now when you can pay later? Whether it’s holiday gifts or groceries, it’s easier than ever to postpone payments on purchases. “Buy now, pay later,” or BNPL, lets shoppers break their purchases into equal installment payments, often interest-free,......

Facebook, Twitter and digital ad stocks drop sharply after Snap earnings

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CNBC – For more and to sign up click here Shares of Facebook and Twitter and other social media and digital advertising companies are sharply down in after-hours trading, after Snap reported it missed revenue expectations in the third quarter as Apple‘s iPhone privacy changes disrupted its advertising business. Snap......

Peter Thiel’s luxury New Zealand lodge opposed by environmental group

CNBC Real Estate
Billionaire Peter Thiel, PayPal co-founder and chairman of Palantir Technologies, during a news conference in Tokyo, Japan, on Nov. 18, 2019. Kiyoshi Ota/Bloomberg via Getty Images Peter Thiel’s proposed luxury lodge on New Zealand’s South Island has been criticized by a local environmental group who believe it is “inappropriate” for......

Affirm says crypto investing will soon be available to customers with savings accounts

CNBC
CNBC – For more and to sign up click here A shopper looks through clothes on her iPad device. Source: Twenty/20 Affirm, an online lender that helped popularize the “buy now, pay later” business model before moving deeper into banking, just became the latest fintech company to hop on the......

Mastercard enters ‘buy now, pay later’ battle with new installment loan program

CNBC
CNBC – For more and to sign up click here The MasterCard logo on a smartphone arranged in Saint Thomas, Virgin Islands. Gabby Jones | Bloomberg | Getty Images Mastercard is jumping into the competitive installment loan space by allowing banks and start-ups to ramp up their own “buy now,......

Coinbase dives deeper into banking by letting users deposit paychecks into their accounts

CNBC
CNBC – For more and to sign up click here Cryptocurrency exchange Coinbase is going deeper into traditional financial services, allowing users to deposit their paycheck directly into their online account. Coinbase said on Monday that U.S. users will be able to use the direct deposit service for any percentage......

The ultimate side hustle guide for 2021

CNBC
CNBC – For more and to sign up click here The Covid-19 pandemic has put millions of Americans out of work and many small retailers and restaurants out of business. At the same time, it has been a hotbed of innovation and new business creation. U.S. business formations rose by......

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