This has been the year of reckoning for Big Tech stocks — even those of companies that have continued to grow sales by double digits. Below is a list of Read more
Tag: Electronic Payment Systems
Eat, drink and be merry: Here’s where shoppers have been spending the most money this holiday season
Restaurants are set to become the biggest winners of a holiday season that could turn out to be the most normalized since the onset of the pandemic. That’s according to Read more
Tesla’s stock drop has been bad. But this company has hurt investors even more.
Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it Read more
Visa CEO Al Kelly to step down from that role in February
Visa Inc. Chief Executive Al Kelly plans to step down from that role in February, to be replaced by Ryan McInerney, the company’s current president and a veteran of the Read more
7 little-known ways to maximize your credit cards
As prices on goods and services soar, every bit of value squeezed from credit cards helps. Perhaps paying an annual fee became less appetizing. Maybe you scaled back expenses in Read more
Consumers turn to credit cards, personal loans to get by during inflation: data
People are resorting to credit cards and unsecured personal loans to cope with the bite of high inflation, new data shows — all while borrowing costs rise and the U.S. Read more
Affirm earnings: What to expect
About a year ago, Affirm Holdings Inc. was sitting pretty. The company achieved a peak market value of $46.8 billion on Nov. 4, 2021, and it went on to announce Read more
Household balance sheets ‘remained strong’ and debt vulnerabilities are moderate, Fed survey finds
U.S. households balance sheets remained strong in the first half of this year as the debt-to GDP ratio edged down, a new study from the Federal Reserve said Friday. Household Read more
PayPal earnings forecast heads higher, but the stock is heading lower yet again
PayPal Holdings Inc.’s cost-savings story began to play out in the latest quarter as the company beat expectations and executives raised their full-year forecast on the bottom line, though they Read more
Block earnings: What to expect from Square parent company
Investors have already heard from Visa Inc. V, -2.70%, Mastercard Inc., and American Express Co. AXP, -3.08%, which all signaled healthy consumer-spending trends. Soon it will be Block Inc.’s SQ, Read more