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

PayPal Earnings and Outlook Lead CE100 Lower as Payment Firms Face Slowdown
PayPal Earnings and Outlook Lead CE100 Lower as Payment Firms Face Slowdown
November 07, 2022  |  Investments

Friday’s rally, where the broader indices were up more than 1.1%, was not enough to salvage a rocky week, as earnings continue to dominate. And...

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Neobanks Decimate Staff as They Chase Sustainable Profits
Neobanks Decimate Staff as They Chase Sustainable Profits
November 03, 2022  |  Banking

There’s an old business saying that holds that you can’t cut your way to profitability. Chime and its digital peers are going to put that...

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Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
November 03, 2022  |  Investments

Despite a continent-wide economic slowdown and comparatively deflated financial markets, Europe is on track to match last year’s record-breaking venture capital (VC) activity, which saw over...

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FinTech IPO Index Down 5.5% as 3Q Earnings Roll Out
FinTech IPO Index Down 5.5% as 3Q Earnings Roll Out
October 14, 2022  |  IPO

Even some double-digit surges in some of our beaten-down companies weren’t enough to keep the overall FinTech IPO index in positive territory this week. The...

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Circle’s USDC Inching Back After Dropping $10B in 3 Months
Circle’s USDC Inching Back After Dropping $10B in 3 Months
October 10, 2022  |  Cryptocurrency

After losing $10 billion in three months, Circle’s dollar-pegged stablecoin USD coin (USDC) is inching back following the coin’s rise that benefitted from Terra’s collapse...

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Coinbase Payments Outage Compounds Crypto Market’s Confidence Challenge
Coinbase Payments Outage Compounds Crypto Market’s Confidence Challenge
October 03, 2022  |  Cryptocurrency

The Coinbase exchange suffered what it called a “major outage” that left customers unable to handle payments and withdrawals with U.S. bank accounts on Sunday...

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Complaints to CFPB About Crypto Rose During Market Shakeup
Complaints to CFPB About Crypto Rose During Market Shakeup
September 30, 2022  |  Cryptocurrency

The Consumer Financial Protection Bureau (CFPB) has seen a surge in consumer complaints about cryptocurrency as the crypto market has turned more volatile. That’s according...

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Milan Payment Tech Firm Nexi Unveils Strategic Plan Including M&A
Milan Payment Tech Firm Nexi Unveils Strategic Plan Including M&A
September 27, 2022  |  Markets

Milan-based payment technology firm Nexi announced it would increase profits more than markets expected over the next three years and generate around 2.8 billion euros...

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US 8-Month Tech IPO Drought Is Longest in This Century
US 8-Month Tech IPO Drought Is Longest in This Century
September 18, 2022  |  IPO

The declines in the U.S. stock market that started early this year have scared off investors in technology startups and led to the longest stretch...

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