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

J.P. Morgan Adds Fractional Shares Capability to Self-Directed Investing Experience
J.P. Morgan Adds Fractional Shares Capability to Self-Directed Investing Experience
May 30, 2024  |  Banking

J.P. Morgan has enhanced its Self-Directed Investing experience, adding new features to provide clients with better tools and resources for making informed investment decisions. One...

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Rating Agencies Expect More Downgrades Among US Corporate Bonds
Rating Agencies Expect More Downgrades Among US Corporate Bonds
May 27, 2024  |  Business

Rating agencies reportedly expect a greater share of the lowest-quality investment-grade bonds to be downgraded than to be upgraded. That’s the first time this has...

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CE 100 Index Loses 2.4% as Peloton Offsets Chipmaker Momentum
CE 100 Index Loses 2.4% as Peloton Offsets Chipmaker Momentum
May 27, 2024  |  Connected Economy

Coming into the holiday-shortened trading week, the CE 100 Index lost 2.4%.  All pillars posted declines for the week that ended May 24. Peloton helped bring...

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CE 100 Up 1.6%, Led by Tencent’s Rally After Earnings
CE 100 Up 1.6%, Led by Tencent’s Rally After Earnings
May 20, 2024  |  Connected Economy

The CE 100 Index gathered 1.6% in a week that saw nine of the 10 pillars gain ground. The lone pillar to decline was the...

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What Does Nuvei’s Go-Private Deal Portend for FinTechs?
What Does Nuvei’s Go-Private Deal Portend for FinTechs?
May 14, 2024  |  Acquisitions

The FinTech landscape may be altered by go-private deals, as private equity firms and other corporates find value in the space — and where, arguably,...

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Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
May 13, 2024  |  Retail

As Shopify’s growth slows down, its buy now, pay later (BNPL) partner, Affirm, is feeling the burn. Per its earnings report Wednesday (May 8), Shopify...

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Making Sense of the State of Crypto in 2024
Making Sense of the State of Crypto in 2024
May 10, 2024  |  Cryptocurrency

There might be as many opinions about crypto as there are cryptocurrency tokens. And with tens of thousands of digital assets populating the crypto market,...

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CE 100 Index Rises 0.7% as Earnings Drive Lifestyle Categories
CE 100 Index Rises 0.7% as Earnings Drive Lifestyle Categories
May 06, 2024  |  Connected Economy

The CE 100 Index gained 0.7%, buoyed by continued earnings reports that boosted the fortunes of the Shop and Live pillars. Shares of Koninklijke Philips...

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FanDuel Picks NY Over London for Primary Listing
FanDuel Picks NY Over London for Primary Listing
May 01, 2024  |  Stock Index

FanDuel is reportedly preparing to switch its public listing to the U.S. markets. Shareholders in Flutter Entertainment, FanDuel’s Ireland-based owner, have voted to move the online betting group’s...

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