PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. However, despite a solid holiday quarter, the digital payments giant found stock trading concerns about its Q1...
Although Apple was the 2019 star of the Dow Jones Industrial Average, tech investor Paul Meeks calculates that the stock is worth much less than $290 a share. “I value the company at about $170 a share, believe it or not,” Meeks, the portfolio manager...
The World Bank has downgraded India’s GDP forecast due to a decrease in domestic demand. “India’s cyclical slowdown is severe,” the report said, according to Bloomberg. “In such a weak economic environment, structural issues surface and the weak financial sector is becoming a drag on...
Hopper has announced that more than 270,000 hotels in over 200 countries and territories across 1,600 major cities are now available to book directly through the app. The launch comes one year after the company rolled out the first-ever price prediction feature for hotels in...
January 30, 2020
PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. However, despite a solid holiday quarter, the digital payments giant found stock trading concerns about its Q1 forecasts. Chief Financial Officer John Rainey commented that there are […]
April 21, 2017
Two quarters into Al Kelly's tenure as CEO, Visa reported a 37.2 increase in total payments volume on now 3.1 billion total cards. As for digital, well, that made some news too.
April 02, 2020
The Congressional Budget Office (CBO) is anticipating a grim second quarter this year as the economy sputters amid coronavirus-related layoffs and business closures, CBO director Phill Swagel said in a blog on Thursday (April 2). Considering the disruption of daily business combined with a boost from the stimulus package, the CBO’s “very preliminary estimates” point […]
January 01, 2020
Although Apple was the 2019 star of the Dow Jones Industrial Average, tech investor Paul Meeks calculates that the stock is worth much less than $290 a share. “I value...
October 13, 2019
The World Bank has downgraded India’s GDP forecast due to a decrease in domestic demand. “India’s cyclical slowdown is severe,” the report said, according to Bloomberg. “In such a weak...
June 21, 2019
Hopper has announced that more than 270,000 hotels in over 200 countries and territories across 1,600 major cities are now available to book directly through the app. The launch comes...
