Results 1 - 10 of 16:

Kate Rooney / CNBC:
Square reports Q3 adjusted revenue of $431M, up 68% YoY, as gross payment volume rises 29% YoY to $22.5B; stock down 10%   —  - Wall Street analysts are expecting 11 cents per share and $413.9 million in revenue from the payments company, according to forecasts by Refinitiv.
Nov 7, 2018, 4:22 PMIn context
Kate Rooney / CNBC:
PitchBook/JMP Securities report: crypto M&A deals have surged over 200% this year with 115 deals having been announced, on pace to hit 145 by year's end   —  - Merger and acquisition activity for cryptocurrency companies has more than doubled in the past year amid a 54 percent slump in bitcoin prices …
Oct 19, 2018, 11:25 AMIn context
Kate Rooney / CNBC:
PayPal reports Q3 revenues of $3.68B, up 14% YoY, vs. $3.66B est., net income of $436M, up from $380M YoY   —  - Analysts had expected earnings of 54 cents per share and revenue of $3.66 billion, according to Refinitiv forecasts.  — Stifel analyst Scott Devitt expects investors to focus …
Oct 18, 2018, 4:27 PMIn context
Kate Rooney / CNBC:
Fidelity announces a new company called Fidelity Digital Asset Services that will handle cryptocurrency custody and trade execution for institutional investors   —  - Fidelity Investments, which administers more than $7.2 trillion in client assets, announced a new and separate company called Fidelity Digital Asset Services Monday.
Oct 15, 2018, 12:37 PMIn context
Kate Rooney / CNBC:
Robinhood launches its own independent trade clearing system that will allow it to settle and clear transactions, and custody assets   —  - Robinhood spent two years quietly building its own clearing system so it wouldn't have to rely on an external firm to clear and settle transactions, or custody assets.
Oct 10, 2018, 9:45 AMIn context
Kate Rooney / CNBC:
Square announces Square Installments to let small businesses offer monthly payment plans to their customers   —  - The move allows Square users to charge for big purchase by splitting them up into smaller, fixed monthly payments.  — “It's a seamless and transparent way to offer installment payments …
Oct 4, 2018, 11:50 AMIn context
Kate Rooney / CNBC:
Leaders from the cryptocurrency industry, Wall Street, and venture capital firms ask Congress for clearer regulations amid fears of innovation heading overseas   —  - Leaders from the cryptocurrency industry, Wall Street and venture capital firms met lawmakers in Washington Tuesday …
Sep 26, 2018, 10:25 PMIn context
Kate Rooney / CNBC:
Goldman Sachs CFO says reports about the company abandoning plans to open a cryptocurrency desk are “fake news”   —  - The price of bitcoin and other top cryptocurrencies tumbled after a report that the bank was ditching plans to launch a cryptocurrency trading desk.
Sep 6, 2018, 5:30 PMIn context
Kate Rooney / CNBC:
North American Securities Administrators Association says it's expanded its number of investigations into ICOs to 200 after starting in May with 70 active cases   —  - The North American Securities Administrators Association cracked down on fraud in initial coin offerings in May, and has since gone from 70 to 200 active investigations.
Aug 28, 2018, 4:40 PMIn context
Kate Rooney / CNBC:
Square Q2: adjusted revenues of $385M, up 60% YoY, $6M net loss, gross payment volume of $21.4B, up 30% YoY, $37M in revenue from Bitcoin trading in Cash app   —  - Square is best known as a credit card processor but also offers payment hardware, a peer-to-peer Cash App, small-business lending and cryptocurrency trading.
Aug 1, 2018, 6:05 PMIn context

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