Square Cl A News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Square cl a. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Square Cl A Today - Breaking & Trending Today

Vinod Khosla: Why the EV Industry Is So Valuable


Order Reprints
Electric vehicle makers, as a group, are worth more than traditional auto makers.
By about $100 billion. It’s an incredible feat for an industry that, measured by cars shipped, is actually still quite small. But the fact that batteries surpassed internal combustion engines makes perfect sense to an investor steeped in disruptive technology.
Vinod.
Close
Electric vehicle makers, as a group, are worth more than traditional auto makers.
From ....

Philip Fong , Getty Images , Motor Vehicles , Alternative Fuel Vehicles , Motor Vehicle Parts , Food Beverages , Consumer Goods , Food Products , Vehicle Engine Parts , Corporate Industrial News , Business Disruptive Innovation , North America , Impossible Foods , Square Cl A , Quantumscape Cl A , 002594 Sz , Vow3 Xe , Toyota Motor , 7203 To , Vinod Khosla , Industrial News , Disruptive Innovation , Vehicle Engine , Engine Parts , பிலிப் பொங் , கெட்டி படங்கள் ,

Visa and Plaid Scrap Merger. Wall Street Had Loved the Deal.


Daniel Acker/Bloomberg
Visa
and Plaid have called off their merger because of federal antitrust opposition to the deal.
The companies struck an agreement to merge a year ago, with Visa (ticker: V) agreeing to pay $5.3 billion for the payments-technology company. Plaid verifies and links accounts on apps like
PayPal Holdings
’ (PYPL) Venmo service with a user’s bank account. Visa and
Mastercard
(MA) had both invested in Plaid, which began in 2012.
But in November, the Justice Department sued to block the merger, arguing that Visa was a monopolist in online debit controlling 70% of transactions and that Plaid aimed to challenge Visa’s dominance. ....

Daniel Acker Bloomberg , Lisa Ellis , Al Kelly , Daren Fonda , Paypal Holdings , Justice Department , Visa Direct , Credit Types Services , Debit Cards , Credit Cards , Banking Credit , Financial Services , Financial Technology , Mobile Payment Systems , Electronic Payment Systems , Analysts 39 Comments Recommendations , Ownership Changes , Acquisitions Mergers Shareholdings , Anti Competition Issues , Acquisitions Mergers , Corporate Actions , Corporate Industrial News , Content Types , Factiva Filters , C Ampe Exclusion Filter , C Ampe Industry News Filter ,

Affirm IPO Prices at $49 a Share


abby Jones/Bloomberg
Affirm late Tuesday priced an offering of 24.6 million Class A shares at $49 each, above the recently increased target range of $41 to $44 a share. The original range was $33 to $38.
The IPO price values the consumer lender above $15 billion, once accounting for all outstanding shares and stock options.
The offering is led by Morgan Stanley, Goldman Sachs, and Allen & Co. Affirm will trade on Nasdaq under the symbol AFRM. Shares are set to begin trading Wednesday.
Affirm had revenue for the June 2020 fiscal year of $509.5 million, up 93% from a year ago, while losing $112.6 million. For the September quarter, revenue was $174 million, up about 98% from the comparable year-earlier period, with a loss of $15.3 million. ....

Jones Bloomberg , Ericj Savitz , Max Levchin , Morgan Stanley , Allen Co , Goldman Sachs , Eddie Bauer , Peloton Interactive , Jasmine Ventures , Khosla Ventures , Sports Equipment , Retail Wholesale , Clothing Stores , Specialty Retailing , Used Merchandise Stores , Travel Agencies , Consumer Goods , Leisure Arts Hospitality , Leisure Travel Goods , Sports Goods , Corporate Changes , Stock Listings , Financial Performance , Corporate Funding , Share Capital , Initial Public Offerings ,

It Could Be a Big Year for Bank Mergers. Here Are Names to Watch.


Order Reprints
Text size
Even banks that aren’t part of the merger bonanza can expect to see positive effects from a wave of consolidation.
Dreamstime
After a relatively dormant 2020, Wall Street expects a surge of bank mergers this year.
The economic impact of the coronavirus pandemic dampened much of the expected merger activity for 2020 even as it served to intensify the rationale for why banks should combine. Last year, amid the worry over low interest rates and potentially ballooning loan losses, banks were busy navigating through their own issues and less interested in acquiring banks that could potentially bring their own set of problems. But with many of the worst-case scenarios for the economy thankfully avoided, banks are coming out of the crisis feeling a renewed pressure to become more efficient. ....

Wall Street , Computers Consumer Electronics , Commercial Banking , Technical Services , Agro Chemicals , Basic Materials Resources , Business Consumer Services , Banking Credit , Financial Services , Financial Technology , Mobile Payment Systems , Electronic Payment Systems , Ownership Changes , Acquisitions Mergers Shareholdings , Acquisitions Mergers , Corporate Actions , Corporate Industrial News , Content Types , Factiva Filters , C Ampe Industry News Filter , Street Notes , M Amp A , Paypal Holdings , Truist Financial , Square Cl A , Synovus Financial ,

Why Synaptics Is One Analyst's Top 2021 Pick


by Wedbush
Based on recent momentum in the field and more design wins during the December quarter, we have an increased confidence in the CRNC story and its automotive opportunity. We believe the company is in a strong position to further penetrate original equipment manufacturers heading into 2021. Cerence is a leader in automotive speech, as the company has built significant market share of 80%-plus with over 1,000 patents and is installed in over 300 million vehicles. While in the near term the company’s fundamentals could be negatively impacted, given Covid-19 headwinds and a softer macro, we believe the stage is set for Cerence to experience a strong recovery into year-end, with clear momentum into 2021 as auto sales rebound and new design wins are launched. ....

Edward Jones , Wesco International , Cash App , Wall Street Analysts 39 Reports , Crude Oil Natural Gas Upstream Operations , Support Activities For Oil Gas , Financial Services , Fossil Fuels , Industrial Electronics , Industrial Goods , Analysts 39 Comments Recommendations , Information Technology , Corporate Industrial News , Content Types , Factiva Filters , C Ampe Exclusion Filter , Research Reports , Alphabet Cl A , Square Cl A , Analysts 39 Comments , Industrial News , Crude Oil , Natural Gas Upstream Operations , Support Activities For Oil , எட்வர்ட் ஜோன்ஸ் , வெஸ்கோ சர்வதேச ,