PYMNTS-MonitorEdge-May-2024

stock market

A stock market, equity market or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses; these may include securities listed on a public stock exchanges.

Source: en.wikipedia.org

Adyen’s 44% Plunge Drives CE 100 Index Lower 
Adyen’s 44% Plunge Drives CE 100 Index Lower 
August 21, 2023  |  Connected Economy

All of the pillars are down — again. Companies are seeing double-digit plunges — again.  The CE 100 Index continued its slide, where all segments...

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Crypto Market Sell-Off: Bitcoin Hits Two-Month Low
Crypto Market Sell-Off: Bitcoin Hits Two-Month Low
August 18, 2023  |  Cryptocurrency

Bitcoin, the world’s most valuable cryptocurrency, experienced a significant drop below $26,000 on Thursday, marking its lowest level since June. This decline was part of...

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How the Fortunes of the Fortune 500 Have Changed Since 1996
How the Fortunes of the Fortune 500 Have Changed Since 1996
August 07, 2023  |  Connected Economy

The 69th annual Fortune 500 list was published earlier this summer, and most people paid it little mind. What was once considered a coveted benchmark...

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Alphabet Reduces Stakes in Robinhood, Duolingo and 23andMe
Alphabet Reduces Stakes in Robinhood, Duolingo and 23andMe
August 04, 2023  |  Connected Economy

Alphabet, Google’s parent company, has sold off portions of its shares in several publicly traded companies. Among them are the trading platform Robinhood, in which Alphabet...

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eToro’s Value Dips After $120 Million Secondary Share Sale
eToro’s Value Dips After $120 Million Secondary Share Sale
July 31, 2023  |  Markets

Trading platform eToro’s valuation has reportedly dropped following a $120 million secondary share sale. As CNBC reported Monday (July 31), the Israeli company had been valued at $3.5 billion...

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Regional Banks Report Stable or Higher Deposits
Regional Banks Report Stable or Higher Deposits
July 21, 2023  |  Banking

Regional banks are still facing a variety of pressures, but in terms of deposits they are doing better than they were three months ago. Second-quarter...

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Toast’s 15.5% Plunge Helps Lead FinTech IPO Index Lower for the Week
Toast’s 15.5% Plunge Helps Lead FinTech IPO Index Lower for the Week
July 21, 2023  |  IPO

Toast shares got scorched in a week that saw the FinTech IPO Index give up 0.3%. And earnings season has yet to begin in earnest...

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Public.com Debuts in UK Ahead of Investing Rival Robinhood
Public.com Debuts in UK Ahead of Investing Rival Robinhood
July 13, 2023  |  Business

Investing platform Public.com is reportedly set to launch in Great Britain. Co-CEO and Co-founder Leif Abraham told Bloomberg News in an interview posted Thursday (July 13) that the firm will let...

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China’s IPO Applications Plunge in First Half of 2023
China’s IPO Applications Plunge in First Half of 2023
July 10, 2023  |  IPO

So far, 2023 has not been a good year for the Chinese IPO (initial public offering) market. As Reuters reported Monday (July 10), IPO applications in that...

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