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Retail And Regulators: Could PayPal's Bid To Become A Leading Online Brokerage Fall Under SEC Scrutiny?
Monday, September 27, 2021 - 1:37pm | 1157PayPal recently shocked the world of retail investing after it was revealed that the company is looking at rolling out its own stock trading platform. But as the US Securities and Exchange Commission (SEC) moves to tighten the screw on modern brokerages, are PayPal’s (NASDAQ: PYPL) plans...
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Key Earnings This Week Include Latest From Bellwethers Nike And FedEx
Monday, March 15, 2021 - 9:57am | 2715We begin the week near record highs, and major indices climbed the proverbial “wall of worries” to get here. From most of the things being reported, you’d think the market was getting absolutely annihilated, but the more people worry, the better it gets. The S&P 500 Index...
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Friday's Market Minute: Is Bitcoin At An Inflection Point?
Friday, January 22, 2021 - 11:04am | 427Bitcoin dropped 10% yesterday to the lowest levels in nearly two weeks, as overbought positions by momentum traders have triggered profit-taking or mean-reversion flows in the near-term. The pullback comes amid growing concerns that Bitcoin is perhaps a proxy, one kind of financial market bubble,...
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Tuesday's Market Minute: The Post-Pandemic Push
Tuesday, November 10, 2020 - 12:01pm | 482Monday’s market action in the four major indices identified a clear divide between the winners and losers at the eventual end of the pandemic: big tech stands to lose and the Blue Chips and small-cap names stand to gain. That was evident in where the indices closed on Monday after Pfizer Inc...
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Aside From Election, Lots Of Earnings Still Ahead With PayPal, Peloton, Uber And GM This Week
Monday, November 2, 2020 - 10:57am | 1904The market feels like a pogo stick, bouncing early Monday after suffering its worst week since March. This sudden enthusiasm the day before the election could reflect a feeling that whoever wins, one of the first things they’re likely to do is start spending a lot of money whether it’s...
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Monday's Market Minute: What To Watch Into Election Week
Monday, November 2, 2020 - 10:38am | 504This week there will be five major focal points. First and foremost, the U.S. elections: many expect the final result to be delayed, and potential for market volatility while we wait. Hold on to your hats: if 2016 is any indication of what we can expect, it could be a wild ride. Then, you have the...
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Visa To Acquire Payment Tech Provider Plaid For Twice Its Valuation
Tuesday, January 14, 2020 - 5:20am | 377Visa Inc. (NYSE: V) is acquiring a financial technology company for $5.3 billion, the company announced on Monday. What Happened The acquisition of Plaid, which provides the intermediary technology between banks and payment services like Transferwise, Acorns, and PayPal Holdings Inc.'s (NASDAQ...
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3 Social Media Stocks That Bucked The Short Interest Trend
Wednesday, January 14, 2015 - 5:34pm | 981By and large, short interest among the leading social media companies based in the United States dwindled between the December 15 and December 31 settlement dates. Yet, Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG), eBay Inc (NASDAQ: EBAY) and Twitter Inc (NYSE: TWTR) bucked that trend. Below is a...
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Peter Thiel on the U.S. Economy and Technology
Friday, September 24, 2010 - 2:45pm | 423Bloomberg's Margaret Brennan recently spoke with the head of Clarium Capital Management LLC, Peter Thiel, about the importance of technological innovation in the U.S. recovery. The full interview on Bloomberg Television's "InBusiness" can be found here. Mr. Thiel, who is a founding investor in...