$44.85
+0.64 (+1.45%)
As of Mar 25, 9:35 PM ET ·
PYPL News13 articles
Mastercard's $1.8B BVNK Acquisition Accelerates Corporate Blockchain Adoption
Mastercard has agreed to purchase BVNK for as much as $1.8 billion, marking a major push into stablecoin and blockchain payment infrastructure. The deal coincides with corporate pilots by Citi and Aon using tokenization for trade finance and insurance payments.
Technology
SoFi Stock Dips Amid Fintech Rally, Stablecoin Deal in Focus
SoFi Technologies shares fell 0.6% to $17.66, lagging a broader fintech rally. The company recently posted record quarterly revenue and announced a key stablecoin partnership with Mastercard.
Analysis
SoFi Shares Recover Slightly Amid Broad Fintech Caution
SoFi Technologies shares gained 1.1% in early Friday trading, partially recovering from a 4.5% decline the previous session. The stock remains significantly below its January peak amid cautious investor sentiment toward the fintech sector.
Markets
SoFi Shares Drop Amid Broader Fintech Selloff as Oil Rally Dents Rate Cut Hopes
SoFi Technologies shares declined approximately 3% on Thursday, underperforming a broader tech retreat. The drop coincided with oil approaching $100 per barrel, which renewed fears of persistent inflation and delayed interest rate cuts.
Markets
SoFi Stock Gains on Mastercard Stablecoin Partnership, CEO Purchase
SoFi Technologies advanced Wednesday, recovering from a prior session decline. The fintech's new stablecoin settlement partnership with Mastercard and a significant share purchase by CEO Anthony Noto were in focus.
Technology
SoFi Shares Dip Amid CEO Purchase and Mastercard Stablecoin Partnership
SoFi Technologies shares fell in late trading Tuesday, even after CEO Anthony Noto increased his stake and the company announced a Mastercard partnership for its stablecoin. The fintech sector broadly weakened.
Technology
Mastercard Advances Stablecoin Settlement with SoFi, Shares Gain After Hours
Mastercard shares gained 0.6% in extended trading following news of a partnership with SoFi Technologies to integrate stablecoin settlement into its global payments network. Investors await further strategic updates at an upcoming investor conference.
Technology
Circle Stock Retreats Amid Rate Uncertainty and Insider Transactions
Circle Internet Group's stock declined 3.9% to $92.38 in Tuesday's early session, reversing recent gains. The drop coincided with insider sales and broader pressure on crypto-linked assets as rate cut expectations adjusted.
Crypto
Visa Tops AI Maturity Index, Shares Gain Amid Market Slump
Visa shares advanced 1.1% to $316.53 on Thursday, outperforming a falling market after being ranked number one for AI maturity in the payments sector. Attention now turns to upcoming producer price data and Visa's quarterly earnings.
Technology
PayPal Gains Despite Price Target Cut as Leadership Transition Nears
PayPal shares advanced 1.7% to $41.12 Monday, even as Cantor Fitzgerald lowered its price target to $42. Investors are assessing the company's turnaround potential ahead of a CEO change on March 1.
Technology
Visa Shares Decline Amid Broader Payment Sector Weakness
Visa shares fell 1.7% to $326.04 in Monday trading, underperforming the S&P 500's gain. Mastercard also dropped, while PayPal advanced.
Markets
Visa Eyes Key Economic Data After Dow Tops 50,000
Visa shares edged higher Friday as the Dow Jones Industrial Average closed above 50,000 for the first time. Investor focus shifts to a deluge of delayed U.S. economic reports next week.
Markets
Visa Eyes Key Economic Data After Mixed Week, Launches Small-Business Initiative
Visa shares edged higher Friday, closing at $331.58, as traders await a deluge of delayed U.S. economic reports next week that could sway consumer spending and rate expectations.
Markets