16.77k followers • 14 symbols Watchlist by Yahoo Finance
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.
PayPal Holdings, Inc.
The Goldman Sachs Group, Inc.
CME Group Inc.
Advanced Micro Devices, Inc.
TD Ameritrade Holding Corporation
Interactive Brokers Group, Inc.
Cboe Global Markets, Inc.
Bitcoin Investment Trust
Paypal (PYPL) closed at $156.78 in the latest trading session, marking a -0.45% move from the prior day.
Microsoft (MSFT) closed the most recent trading day at $185.36, moving +0.24% from the previous trading session.
Western Union (NYSE: WU) is reportedly courting MoneyGram International (NASDAQ: MGI) in a takeover bid that would combine two of the largest money-transfer companies in the U.S. Bloomberg first reported the rumors, citing an anonymous source, who said Western Union has made an offer, but that the target company has not yet decided on its response. Such an acquisition would remove Western Union's chief direct competitor in the U.S. money-transfer space at a time when it faces other threats to its business from digital payments companies such as Paypal (NASDAQ: PYPL).
Facebook and PayPal have invested in the Indonesian ride-hailing and digital payment start-up Gojek, joining other tech giants Tencent and Google, the Jakarta-based company said Wednesday. The new investment "will support Gojek's mission to boost Southeast Asia's digital economy, with a focus on supporting payments and financial services in the region," it said in a statement.
With the economy reopening, smartphone sales rebounding in markets like China and more people spending time on their mobile phones, the semiconductor industry might benefit in the near term.
The cybersecurity specialist's fiscal third-quarter results exceeded expectations, but a closer look reveals a less rosy picture.
Facebook Inc messaging platform WhatsApp and PayPal Holdings Inc on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm's ongoing fundraising round. WhatsApp and PayPal did not disclose the size of the investment. A Gojek investor told Reuters the Facebook investment, the first for the firm in Southeast Asia, was "meaningful".
Facebook and PayPal have made investments in Gojek, joining Google and Tencent among other high-profile technology firms that have backed the five-year-old Southeast Asian ride-hailing startup that also offers food delivery and mobile payments. Facebook, for which it is the first investment in an Indonesia-based firm, and PayPal did not disclose the size of their checks. Gojek told TechCrunch that Facebook and PayPal were participating in its ongoing Series F financing round, which brings it total raise-to-date to over $3 billion.
Shares of various financial tech and e-commerce companies have jumped today after Visa (NYSE: V) disclosed some encouraging data regarding U.S. payments volumes, spurring hopes that the economy is starting to recover. U.S. spending is starting to recover.
Microsoft (NASDAQ: MSFT) is the odds-on favorite to be the first company to cross the $2 trillion market cap threshold according to Wells Fargo Securities analyst Philip Winslow, citing strong growth in Microsoft's Azure cloud computing business.
On Monday, the Congressional Budget Office warned that a full economic recovery could take as long as a decade. Shares of Visa (NYSE: V) managed to gain on Tuesday after the credit card giant released data that showed a rebound in spending last month. Meanwhile, Apple (NASDAQ: AAPL) stock was down slightly following reports of steep discounts for iPhones in China.
Domestic payments volume was down just 5% on a year-over-year basis in May, a marked improvement from April.
Here's why stocks continue to be in rally mode despite the horrors sweeping America right now.
The increasing prevalence of artificial intelligence and 5G technology are threatening to drive up energy consumption, putting the technology sector on par with the aviation industry in the amount of CO-2 it releases, according to a leading researcher at Gartner. While data centers, tasked with processing the world’s data, have made significant investments to reduce energy consumption over the last several years, David Cappuccio, Gartner VP of Research, says that dynamic is likely to shift dramatically with the growing use of analytics and machine learning.
Microsoft (NASDAQ: MSFT) has been involved in the news in some form or fashion for far longer than its longtime rival Apple (NASDAQ: AAPL), most prominently with its partnership with NBC for MSNBC that dates back to the mid-'90s; Microsoft exited that pact in 2012. More recently, the software giant revamped its mobile news offerings a couple years ago, including its Microsoft News platform, while still maintaining the MSN network. Meanwhile, Apple has continued to expand its Apple News platform, which now reaches 125 million people every month.