Friday, February 11, 2022 11:43:46 UTC
Affirm's stock dropped 26% after the business unintentionally disclosed its own earnings on Twitter hours ahead of time. Before the tweet, they were up 10%.
The corporation made the decision to release its entire results report before the markets closed. An automated circuit breaker momentarily interrupted trading before it resumed. According to the report, sales for the quarter increased by 77 percent year on year to $361 million, with a net loss of $159.7 million compared to $26.6 million in Affirm's second fiscal quarter last year. Investors appeared to be particularly concerned about the prognosis for the third quarter and the whole year.(More)
@affirm @visa_us @affirm @mastercard
#afrm #affirmholdingsinc #affirm #stoploss #daytrade #scalp #options #twitter
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Wednesday, February 09, 2022 13:40:46 UTC
Stock responds positively when Apple officially launched "Tap to Pay" today, a new iPhone feature that will allow businesses to accept payments from their handsets.
The new approach will function simply tapping phones together or using contactless credit cards, with no additional hardware required. Stripe will be the first payment provider to offer the service this spring, alongside Shopify's Point-of-Sale app, with more platforms and applications to follow later this year.
The move pits Apple against Block and other finance businesses like as PayPal, Verifone, and Ingenico. Apple was keen to point out that it will not be able to see what is being purchased or who is purchasing it. Payment data, according to the tech giant, is encrypted and safeguarded by the same technology that makes Apple Pay private and secure.(More)
APPLE INC
Wednesday, February 09, 2022 13:40:46 UTC
Stock responds positively when Apple officially launched "Tap to Pay" today, a new iPhone feature that will allow businesses to accept payments from their handsets.
The new approach will function simply tapping phones together or using contactless credit cards, with no additional hardware required. Stripe will be the first payment provider to offer the service this spring, alongside Shopify's Point-of-Sale app, with more platforms and applications to follow later this year.
The move pits Apple against Block and other finance businesses like as PayPal, Verifone, and Ingenico. Apple was keen to point out that it will not be able to see what is being purchased or who is purchasing it. Payment data, according to the tech giant, is encrypted and safeguarded by the same technology that makes Apple Pay private and secure.
#aapl #amzn #shop #jpm #appleinc #huawei #iphone #ios #square #paypal #verifone
Monday, January 10, 2022 13:51:49 UTC
PayPal may launch its own stablecoin as part of its cryptocurrency effort, which was confirmed after proof of the move was found in its iPhone app.
PayPal isn't the first internet company to consider developing its own cryptocurrency. Diem is a stablecoin developed by Meta Platforms Inc., previously Facebook, and Visa Inc. has permitted a stablecoin backed by the US dollar to settle a transaction with the network.(More)
PAYPAL STABLECOIN POSSIBLE
Monday, January 10, 2022 13:51:49 UTC
PayPal may launch its own stablecoin as part of its cryptocurrency effort, which was confirmed after proof of the move was found in its iPhone app.
PayPal isn't the first internet company to consider developing its own cryptocurrency. Diem is a stablecoin developed by Meta Platforms Inc., previously Facebook, and Visa Inc. has permitted a stablecoin backed by the US dollar to settle a transaction with the network.
#pypl #sq #amzn #jpm #paypal #crypto #stablecoin #bitcoin #iphone #apple #facebook #meta
APPLE PREVAILS IN MONOPOLY CASE
12.9.21 12:44 PM UTC
Apple won a temporary reprieve in appeals court on judge-ordered App Store changes in the company's antitrust case with Epic Games Inc.
APPLE PREVAILS IN MONOPOLY CASE
Thursday, December 09, 2021 12:44:32 UTC
Apple won a temporary reprieve in appeals court on judge-ordered App Store changes in the company's antitrust case with Epic Games Inc.
#apple #epicgames #monopoly #antitrust #appstore #paypal #square