Visa Inc
Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financial sector in the past 12 months. The stock is down nearly 40% while the Financial Select Sector SPDR Fund is off by 12% over the […]
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Visa’s top crypto executive Terry Angelos leaves for Softbank-backed brokerage start-up DriveWealth
Terry Angelos, Visa’s global head of fintech and crypto. DriveWealth One of Visa’s top executives is leaving the payments giant for a brokerage technology start-up, CNBC has learned. Terry Angelos, Visa’s global head of fintech and crypto, will take over as chief executive officer of start-up DriveWealth next week. Angelos joined Visa seven years ago […]
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Singapore start-up Nium seeks up to $400 million in deals to take on Europe’s crowded fintech market
Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Images LONDON — Nium, a $2 billion digital payments start-up based out of Singapore, has big plans for its European business. The company, whose software helps […]
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Jim Cramer debuts new stock grading system, evaluates 6 major companies after earnings
CNBC’s Jim Cramer on Wednesday offered his thoughts on whether companies that recently reported their quarterly earnings are investable, leaning on his newly introduced grading system. “The chief reason this market has become so difficult is that we finally have not-so-hot earnings, yet Wall Street’s not adopting its usual posture of buying stocks that issue […]
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Stocks making the biggest moves midday: Microsoft, Visa, Enphase Energy, Boeing and more
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading. Enphase Energy — Shares jumped more than 8% after Enphase topped earnings expectations on the top and bottom lines. The energy company reported record revenues, and said it’s setting its sights […]
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Stocks making the biggest moves premarket: Microsoft, Boeing, Alphabet, Robinhood and more
A worker inspects a Boeing 737 MAX airliner at Renton Airport adjacent to the Boeing Renton Factory in Renton, Washington on November 10, 2020. Jason Redmond | AFP | Getty Images Check out the companies making headlines in early morning trading. Enphase Energy — Shares of the solar microinverter maker jumped more than 8% during […]
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Stocks making the biggest moves after hours: Alphabet, Robinhood, Meta and more
The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after the bell. Alphabet — Shares tumbled more than 6% in extended trading after Google’s parent company reported an earnings miss. The firm reported earnings of $24.62 per share […]
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Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin
Illustrative image of two commemorative bitcoins with a green background. Artur Widak | Nurphoto | Getty Images Stripe will allow businesses to pay their users via cryptocurrencies, starting with Twitter, in the latest sign of how large financial firms are warming to digital assets. The $95 billion online payments company said Friday it will start […]
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U.S. fintech Plaid taps Booking.com veteran to lead its European expansion
Ripsy Bandourian, head of Europe at Plaid. Plaid LONDON — Financial technology firm Plaid has hired Ripsy Bandourian, a long-time Booking.com executive, to head up its European operations. Bandourian joined Plaid last week and is working out of its Dutch offices in Amsterdam. She’ll be tasked with leading the San Francisco-based start-up’s expansion in continental […]
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This is one of Goldman’s best-performing stock portfolios this year for clients
The investment bank assembled a pool of stocks that would benefit from surging interest rates. Source
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