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FinTech

Transferwise: Besser als Bitcoin?

Klar, die Frage ist auf einem derartigen Blog etwas provokant. Aber berechtigt: TransferWise ist nämlich das nächste europäische Fintech, das mit Alipay kooperiert. Und da Bitcoin in einigen chinesischen Apps wie WeChat usw. zensiert wird, ist Transferwise eines der ganz wenigen grossen Unternehmen, dessen Netzwerk nun ab sofort bis nach China hinein reicht! Und zudem ist eine Transaktion mit Transferwise inetwa gleich günstig wie eine Bitcoin-Transaktion zu „Stosszeiten“. Wer...

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Disney (DIS) Stock Lost Over 9% on Friday, Is in Red Today, Disney+ Is Launching in Europe

Disney (DIS) stock price is falling due to the poor performance of its “Onward” movie. COVID-19 is causing disruptions in the entertainment industry apparently. Meanwhile, Disney+ is launching in Europe.The Walt Disney Company (NYSE: DIS) stock price has dropped since the premiere of Pixar’s new feature-length “Onward”. Sources say that this is because of falling demand from the theaters across the United States and beyond. On Friday Disney stock fell to $85.98 (-9.43%) at the market’s close....

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Ripple’s XRP Is Not Used by Intermex for Its Mexican Remittances

Ripple’s XRP is not suitable for Mexican remittances, but it might be a good solution in the African market where Intermex has recently expanded. In February, we reported about Ripple‘s collaboration with Intermex (International Money Express, Inc), provider of remittance services to Latin America and the Caribbean corridor. Within the partnership, Intermex was to use Ripple’s On-Demand Liquidity (ODL) through RippleNet and “enable faster cross-border payments between the U.S. and Mexico.”...

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Microsoft (MSFT) Stock Was Over 6% Up in Premarket, Now It Is Also in Green

The S&P 500 closed Thursday nearly 27% below its February high, meaning it took just a matter of weeks for a bear market to roll around. Microsoft fell as well. This month, MSFT is lower by 24%. But yesterday, it started gaining again.The recent sell-off in Microsoft Corporation (NASDAQ: MSFT) seems like a huge buying opportunity. Since February 19, Microsoft stock has dropped 28% even though it makes no sense. Or does it?At the time of writing, Microsoft (MSFT) stock is trading at...

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Big Five Tech Companies Lost $1.3 Million in Combined Market Cap Over the Last Month

Top-five tech companies (Amazon, Apple, Alphabet, Microsoft and Facebook) have corrected anywhere between 25-30% over the last month’s global market crash. These companies have entered an official bear market after leading the 11-year bull market after the 2008 financial crisis.As on March 19 closing on the indices, the big five tech companies have lost a combined market cap of $1.3 trillion. These big five giants include Alphabet Inc (NASDAQ: GOOGL), Apple Inc (NASDAQ: AAPL), Microsoft...

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Amazon (AMZN) Stock Rises 2.78%, Amazon Prime Pantry Temporarily Closes Due to Coronavirus

Amazon’s business appears to be thriving these days. At the same time, hovering around $1,800 per share, Amazon (AMZN) stock is down about 17% from its recent high.Since coronavirus took its course, so did stock markets. Amazon.com Inc (NASDAQ: AMZN) stock has been pushed down together with the rest of the market. However, it seems the company has some secret cards in its sleeve. For now, when we look at the cash flow basis, the stock looks like a great buying opportunity. Yesterday, AMZN...

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Road to Efficient Cross-Border Payment Network

Both merchants and end-users of STICPAY can transfer funds across borders via an e-wallet service that offers a viable alternative to the flawed cross-border payment solutions.Cross-border transactions play a crucial role in the payment industry as the world economy is becoming progressively interconnected and global.The global remittance market’s growth is a decent indicator of the above-mentioned. According to a recent report, the revenue of cross-border transactions could nearly double in...

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Walmart (WMT) Stock Hits New Record, Adds 2.78% While the Whole Market Is in Red

For Walmart, the coronavirus outbreak has taken a beneficial turn, as the demand for some categories of goods and the number of deliveries have notably increased. This week, Walmart (WMT) stock cleared the 125.48 buy point.While the whole market is in the red because of coronavirus, Walmart Inc (NYSE: WMT) stock maintains its position. Moreover, it has managed to jump and reach a new high.On Wednesday, Walmart (WMT) stock got a second upgrade this week and cleared the 125.48 buy point. It...

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Uber Stock Loses Over 14% Today After Canceling Car Pools

Uber stock is falling after the firm confirmed that it was suspending carpool services as a result of COVID-19 despite a rally in the tech stocks.On March 17, the shares of Uber Technologies Inc (NYSE: UBER) closed lower 6.8% to $18.91 per share. But, as the coronavirus hit the global markets, other tech stocks rebounded. In the case of Uber, the shares dropped after the firm confirmed that it was suspending carpool services as a result of COVID-19. Today the fall continues and Uber stock is...

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Forget FANG, FAANG or MAGA: DAWN Is New Kid in Coronavirus-Fueled Panic Town

DAWN is the new Wall Street’s stock acronym that stands for Domino’s Pizza, Activision, Walmart, and Netflix. These stocks, as well as tech shares, are now worth investing in.Now the market is surrounded by coronavirus concerns. These fears are in the first place reflected in stocks that continue sliding. As a result of the downward movement, investors wonder which shares to buy to stay in the black and boost their fortune under the conditions given. And the answer is simple: DAWN.Obviously,...

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