Tag: Financial Technology

Alibaba stock has taken a hit from China crackdown, but its earnings could be a different story

Alibaba Group Holding Ltd. will be looking to focus attention back onto its business Tuesday following a rough stretch for the broader Chinese internet sector....

PayPal stock slips as earnings beat expectations but outlook comes up short

PayPal Holdings Inc. topped profit expectations for its latest quarter, but it delivered a lower-than-expected outlook for the current quarter as eBay’s transition to managing...

Why online-travel giant Booking is getting into the fintech game

Add Booking Holdings Inc. to the list of e-commerce companies betting that a tighter control over the payments process will create a better experience for...

Identity thief used burner phones and Apple Pay to buy diamond-encrusted bitcoin medallion — and actual bitcoin too

It was almost every kind of modern-day financial swindle rolled into one. The mastermind behind an elaborate stolen credit-card scam that used bitcoin, burner phones...

My husband has $75K on his credit card and plans to spend $8K on sporting events. What can I do? Am I on the hook if he dies?

Dear Quentin, What steps can I take to protect myself from my husband’s financial decisions? We are both 47 and have a good income (together...

What to do when your digital assets take a dive

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies....

Cathie Wood’s ARK Invest is readying the first bitcoin ETF with 21Shares

ARK Invest is teaming up with 21Shares AG’s U.S. affiliate, which serves as the filer and issuer of the ARK 21Shares Bitcoin ETF. You can...

‘You would have to tread very carefully’: Like Peter Thiel, you too can turn your Roth IRA into a pot of gold — with some serious caveats

Peter Thiel transformed a tiny Roth IRA worth approximately $2,000 into a $5 billion tax-free behemoth, according to an article from the investigative news site...

Opinion: John McAfee was one of the original genius-but-bizarre CEOs — and Elon Musk should take note

The fantastical story of antivirus-software entrepreneur John McAfee in his later years should be a cautionary tale to other genius CEOs, especially Elon Musk. McAfee,...

This chart setup suggests bitcoin will crash to ‘single-digit’ thousands, fund manager says

The problem with coming up with a value of bitcoin is how can you arrive at one? As its critics point out, there is no...

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at...

Elon Musk’s crypto tweets have ‘destroyed lives,’ says video purportedly from Anonymous

Elon Musk has “destroyed lives” through irresponsible tweets that have recently roiled cryptocurrency markets, a group claiming to represent the hacker collective Anonymous said in...

Elon Musk breaks up with bitcoin? Cryptic tweet has some crypto bulls fearing the worst

Crypto bull Elon Musk on Thursday evening issued a cryptic tweet that many in the world of digital assets were interpreting as the billionaire’s breakup...

A ‘bloody crypto’ Memorial Day weekend? Some bitcoin bulls are dreading the long U.S. holiday break

Bullish investors in bitcoin aren’t all jazzed about the long U.S. Memorial Day holiday weekend ahead. The sun, the fresh air, barbecues, the first major...

Bitcoin Mining Operation Is Uncovered During U.K. Drug Bust

British police got a shock when they raided a suspected illegal cannabis farm this week: Instead of halogen lamps and weed, they found about 100...

Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million...

Nvidia sales hit records again amid chip shortage, and earnings outlook suggests more to come

Nvidia Corp. broke several quarterly sales records and forecast revenue growth as much as $1 billion above Wall Street estimates for the current quarter Wednesday,...

Bitcoin no longer ‘fringe asset’ — stock-market volatility rises after crypto’s ‘extreme’ moves, study says

Like it or not, stock-market traders need to keep an eye on bitcoin prices or risk getting whipsawed when the popular but volatile digital asset...

Crypto investor-protection talk heats up but lawmakers hope to allow buyers to ‘dogecoin to their heart’s content’

A bout of volatility in the past month in the crypto market has helped to reignite a push for increased scrutiny of the nascent digital-asset...

‘Where the crypto market goes from here is completely dependent on the stock market,’ says digital-asset tycoon Barry Silbert

Want to know where the crypto market goes from here? Barry Silbert, a power player in the digital-asset sector, says that investors ought to look...

Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’

Bitcoin prices on Sunday afternoon were in free fall anew, with the world’s No.1 crypto spiraling down more than 50% from a peak in around...

Amid bitcoin and dogecoin chaos, college students and graduates insist they’re going long on crypto

It’s not just Tesla CEO TSLA, -1.01% Elon Musk — the crypto correction is causing unease among college students and recent graduates. But if you’ve...

Weekend reads: What exactly is going on with big tech stocks?

After many years during which the most familiar technology companies pulled the entire stock market up with them, 2021 is turning out to be a...

Opinion: Why bitcoin’s bust and the ‘crypto cult’ threaten all investors

Traders who have been coordinating on social media to promote stratospheric prices in meme stocks, such as GameStop GME, -7.93%, and cryptocurrencies such as bitcoin...

Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price

Coinbase Global Inc. said Monday it plans to sell $1.25 billion of convertible debt, the same day its stock closed below its $250 reference price...