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October 22, 2021

Square Inc

Zoom and Five9 abandon $14.7 billion acquisition

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CNBC – For more and to sign up click here Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Cloud......

The ultimate side hustle guide for 2021

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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......

You can now get paid in bitcoin to use Twitter

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CNBC – For more and to sign up click here Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Twitter on Thursday announced......

Revolut, the $33 billion fintech player, is rolling out commission-free stock trading in the U.S.

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CNBC – For more and to sign up click here Revolut CEO Nikolay Storonsky speaks onstage at the TechCrunch Disrupt conference in San Francisco, California. Kimberly White | Getty Images Revolut, the global fintech player valued at $33 billion, will soon offer commission-free stock trading to U.S. customers for the......

How buy now, pay later became a $100 billion industry

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CNBC – For more and to sign up click here Klarna logos displayed on a laptop and phone screen. Jakub Porzycki | NurPhoto via Getty Images Buy now, pay later is having a moment. Millions of shoppers now use a buy now, pay later, or BNPL, service to finance their......

Stocks making the biggest moves in the premarket: Zoom Video, Robinhood, Designer Brands and more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly earnings of $1.36 per share, 20 cents a share above estimates. Revenue also beat forecasts and topped $1 billion for the......

PayPal is exploring a stock-trading platform for U.S. customers

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CNBC – For more and to sign up click here A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal is exploring a possible stock-trading platform. After rolling out the ability to trade cryptocurrencies last year, the payments giant has been......

Affirm shares soar after Amazon partnership that lets consumers buy expensive things in installments

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CNBC – For more and to sign up click here An Amazon employee sorts boxes before loading them onto trucks for shipping at Amazon.com’s fulfillment Center in Fernley, Nevada. Ken James | Bloomberg | Getty Images Shares of Affirm on Monday jumped more than 44% after the buy now, pay......

Robinhood says dogecoin accounted for 62% of crypto revenue in Q2

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CNBC – For more and to sign up click here Commemorative dogecoins on display in Yichang, China on May 14, 2021. Barcroft Media | Barcroft Media | Getty Images Robinhood said crypto accounted for more than half of all transaction-based sales in the second quarter, and 62% of crypto revenue......

Chime raises $750 million, earns big jump in valuation as another fintech moves closer to IPO

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CNBC – For more and to sign up click here Chime CEO Chris Britt Source: Chime Chime has raised a new $750 million Series G round of funding that values the fintech company at $25 billion — $10 billion higher than its last reported valuation of $15 billion from October......

This group of stocks is on the cusp of another breakout, Oppenheimer says

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CNBC – For more and to sign up click here Momentum stocks have picked up speed to begin the week. The MTUM ETF, which holds stocks such as Alphabet and Tesla, led markets on Monday and has beaten the S&P 500 in the early innings of August. This marks a......

Wall Street’s top analysts believe these stocks could be long-term winners

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CNBC – For more and to sign up click here Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018. Michael Nagle | Bloomberg | Getty Images Given the uncertain financial......

Why millennials and gen-Zs are jumping on the buy now, pay later trend

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CNBC – For more and to sign up click here All 21-year-old Taylor Emmi wanted was a cosmetic kit from makeup artist and social media star Jeffree Star after watching a video about the brand on YouTube in October 2019. So she took the $144 leap, and nearly two years......

Stocks making the biggest moves in the premarket: Square, Moderna, First Solar and more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Square (SQ) – The digital payments company agreed to buy Australia’s Afterpay for about $29 billion in stock, representing a roughly 30% premium for Afterpay shareholders. Square shares......

Why travel stocks could deliver some of this week’s most important earnings reports

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CNBC – For more and to sign up click here Travel stocks could headline this week’s flood of earnings reports, two traders say. The second-busiest week of earnings season will see companies across a host of industries release their quarterly results. Twenty-eight percent of the S&P 500 is scheduled to......

Square to buy Australia’s Afterpay in $29 billion deal as ‘buy now, pay later’ trend takes off

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CNBC – For more and to sign up click here Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Square plans......

July jobs report could be what gives the market its next big jolt in the week ahead

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE Friday’s jobs report could be a catalyst that helps determine whether markets are volatile or will trade like it’s the quiet dog days of August.......

Cathie Wood’s mission is bullish for thematic ETF investing, Amplify CEO says

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CNBC – For more and to sign up click here Ark Invest’s proven track record with thematic investing has boosted sentiment around the whole space, said Christian Magoon, CEO at Amplify ETFs. Led by Ark’s founder, CEO and chief investment officer, Cathie Wood, the firm’s actively managed ETFs have shown......

Consumers did great job paying down credit card debt during pandemic. That may be ending

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CNBC – For more and to sign up click here Santiaga | iStock | Getty Images Ask a consumer expert what would happen with credit card loan balances during a recession and the answer wouldn’t be that balances decline sharply and Americans avoid a wave of card delinquencies. But that’s......

Here’s how much money you’d have if you invested $1,000 in bitcoin 1, 5 and 10 years ago

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CNBC – For more and to sign up click here Bitcoin has had a rollercoaster few months. The world’s biggest cryptocurrency by market cap hit an all-time high above $63,000 in April, but lost 50% of its value over the next three months. The coin’s price dipped below $30,000 as......

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