The market is wrapping up a brutal quarter as investors search for a bottom in the fastest bear market ever amid the coronavirus crisis. The Dow Jones Industrial Average is on track to post its worst first quarter in history, but the recent sharp rebound raises the question if the worst is behind us. Here’s […]
Tag: Visa Inc
Second New York case, NYC-area schools close
A woman wears a face mask as she waits on the subway after the first confirmed case of coronavirus was announced in New York State in New York, March 2, 2020. Andrew Kelly | Reuters This is a live blog. Please check back for updates. All times below are in Eastern time. Global cases: At […]
Square emerges as coronavirus hedge after earnings
Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Square has been an outlier in this week’s payment stock wreckage. Shares of Mastercard, Visa, American Express and Paypal […]
Currencycloud raises $80 million in funding round backed by Visa
Visa Inc. credit and debit cards are arranged for a photograph in Washington, D.C., U.S., on Monday, April 22, 2019. Andrew Harrer | Bloomberg | Getty Images Financial technology start-up Currencycloud, which powers cross-border payments for a number of popular finance apps, has raised $80 million in a funding round backed by Visa. Based in […]
Visa to acquire fintech company Plaid in $5.3 billion deal
Plaid co-founders William Hockey and Zach Perret Source: Plaid Payments giant Visa is buying Silicon Valley start-up Plaid in a deal worth $5.3 billion, the companies announced Monday. Plaid’s API software, often referred to as the “plumbing” behind fintech companies, lets start-ups connect to users’ bank accounts. It’s well-known among financial technology developers, but the […]
Stocks making the biggest moves after the bell: GameStop, Cloudera and Visa
Pedestrians walk past a GameStop Corp. store in New York, U.S. Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Shares of GameStop fell more than 8% in extended trading after announcing holiday sales numbers that were down sharply from the previous year and lowering guidance. For a nine-week […]
