FlowBank

876 days ago

#PayPal shares tumbled 10.5% yesterday after disappointing #quarterlyearnings, along with a shy 4th quarter #forecast

Estimates were missed, but not by much, with a $6.18 billion quarterly revenue compared to a $6.23 billion estimate. The stock has been through its worse day in over 20 months. Source: CNBC, Refinitv

#Stocks #Technology
#PayPal shares tumbled 10.5% after disappointing #quarterlyearnings, along with a shy 4th quarter #forecast

890 days ago

Concentration of #data in large platforms reduces competition and increases #risks of #hacking

Data is the new gold and companies around the world are going for the highly sought after commodity. From an international policy stand point, it will become increasingly important to find ways to require, and control for data security when moving data from one nation to the next. The IMF believes that policies that protect privacy can help lessen the unauthorized use of personal data. @IMF

#Technology

895 days ago

Fintech VC deals YTD have crowded out the rest

A record total of $39 billion in venture capital has been invested this year in financial startups like Chime, Carta and Varo, which all raised big rounds in the third quarter. @PitchBook #VC #Fintech

#Technology

911 days ago

Fintech unicorns or JP Morgan? Who do you bet on?

CB Insights graphic showcasing an interesting question: JPM or a Fintech index?

#Technology

913 days ago

Apple stock is down 9% since all-time high

Big Tech's stock market leadership is being threatened by rising rates. After a great rally during the pandemic, it seems that the bond market might be the thorn in the side that will slow them down. As a reminder, rising rates means that distance earnings gains become less valuable, making stocks often too expensive in terms of expected reward. Source: Bloomberg

#Stocks #Technology
Apple stock is down 9% since all-time high
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