Stocks

Stocks are a type of security that gives stockholders a share of ownership in a company. Stocks also are called “equities.”

Source: investor.gov

Tencent Looks to Sell Stake in Food Delivery Firm Meituan
Tencent Looks to Sell Stake in Food Delivery Firm Meituan
August 16, 2022  |  Big Tech

China’s Tencent Holdings wants to sell most — if not all — of its stake in the food delivery platform Meituan as the government cracks...

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CE100 Index Adds 3.6% as ‘Fun’ Online Betting Names Gain Double Digits
CE100 Index Adds 3.6% as ‘Fun’ Online Betting Names Gain Double Digits
August 15, 2022  |  Connected Economy

Earnings reports are in full swing on Wall Street, and they dictated the way Connected Economy 100 (CE100™) Index names traded this past week. For...

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Court Allows Parts of Proposed Robinhood Class Action Case
Court Allows Parts of Proposed Robinhood Class Action Case
August 11, 2022  |  Legal

Investors will be allowed to pursue some of their claims against Robinhood Markets Inc. stemming from a 2021 GameStop frenzy, a federal judge in Miami...

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CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
August 08, 2022  |  Connected Economy

PYMNTS’ Connected Economy™ 100 Index (CE100 Index™) marched upward by 5.5% this past week, continuing a streak that now has extended to three straight weeks....

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Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
August 03, 2022  |  Earnings

For Robinhood, it may feel a bit like the clock is ticking. The latest quarter showed a precipitous decline in the platform’s core business, at...

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CE100 Index Jumps 8.9% in July as Sezzle, Amazon Lead Gains
CE100 Index Jumps 8.9% in July as Sezzle, Amazon Lead Gains
August 01, 2022  |  Connected Economy

A wild and wooly ride, indeed. But in the end, the PYMNTS Connected Economy™ 100 Index (CE100 Index™) managed to post positive 2.5% returns for...

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Alibaba Gets Closer to U.S. Delisting
Alibaba Gets Closer to U.S. Delisting
July 29, 2022  |  eCommerce

China’s Alibaba is getting closer to being removed from American stock exchanges in response to Beijing’s refusal to let U.S. inspectors examine the company’s audits....

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Australia’s BNPL Space Crushed by Rising Inflation, Interest
Australia’s BNPL Space Crushed by Rising Inflation, Interest
July 25, 2022  |  Buy Now Pay Later

The buy now, pay later (BNPL) space in Australia is feeling a big chill from the once sizzling hot market that’s now experiencing a lag...

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Why Payments Valuation Plunge Is as Irrational as Crypto Exuberance
Why Payments Valuation Plunge Is as Irrational as Crypto Exuberance
July 17, 2022  |  Cryptocurrency

Crypto has had a very bad year, with bitcoin’s 70% price collapse putting it in better shape than many of the other 10 largest cryptocurrencies,...

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