Snap, the maker of a disappearing messenger app, may have to raise capital by the middle of next year, according to MoffettNathanson. The Wall Street firm wrote in a research note that the company is running out of cash. Get the Full Story Complete the form...
Bank of America Merrill Lynch was pounding the table on Apple Tuesday (Oct. 9), predicting the iPhone maker will see increased momentum thanks to the launch of its latest round of mobile devices. Get the Full Story Complete the form to unlock this article and...
Shares of Square dropped more than 8 percent on Monday (Oct. 8), as a bear on the Street said the firm is taking on credit risk that may be too easily dismissed. Might investors retrain their sights on tech upstarts that could be biting off...
Square‘s shares jumped 6 percent on Wednesday (Aug. 29) after an analyst raised its price on the company’s stock to $100 from $75. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies of consumers to shop via mobile devices and other computers. Get the Full Story Complete the form to unlock this...
Consider it one of the main lessons to come out of the second quarter earnings season: Hedging — as in preparing for currency fluctuations and other factors — is something that eCommerce firms need to embrace, too. Get the Full Story Complete the form to unlock...
Gap reported a 2 percent increase in comparable store sales for the second quarter as the retail chain’s revenue topped analyst estimates, though its stock was down in after-hours trading on Thursday (Aug. 23). Get the Full Story Complete the form to unlock this article...
A sigh of relief or a shrug of the shoulders? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Just a few months after an initial public offering (IPO) that was notable in the payments processing space, and a first day of trading that saw the stock go up 92 percent, Adyen’s first results as a publicly traded company released on Tuesday (Aug. 21)...
