Loading… Loading… Loading… Financial technology company PayPal Holdings PYPL reported third-quarter results after the market close Wednesday. Here are the key highlights. What Happened: PayPal reported third-quarter revenue of $7.4 billion, which was up 8% year-over-year. The revenue beat a Street consensus estimate of $7.38 billion, according to data from Benzinga Pro. The company reported
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“culture of fear” — The European Space Agency may have a bullying problem Ex-employees, ESA documents, and court cases point to longstanding problems. Tereza Pultarova – Nov 7, 2023 5:07 pm UTC Enlarge reader comments 79 with Alex has been passionate about space exploration since her childhood. (Pseudonyms are used, and some genders are obscured
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Voters are heading to the polls in several states across the US on Tuesday, in off-year elections that will be seen as an indicator of which way the political winds are blowing for President Joe
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Bitcoin (BTC) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies relative to their competitors, says MinerMetrics founder and analyst Jaran Mellerud. The key metric backing Mellerud’s claim is enterprise value-to-sales ratio — measuring a company’s value to its sales revenue. The higher the ratio, the more overvalued a
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Several large new-issues priced into a stronger market with munis seeing gains across the yield curve amid constructive secondary activity as U.S. Treasuries pared back some of Mondays losses and equities also improved. Triple-A yields fell three to five basis points while USTs made gains up to eight basis points out long. The two-year muni-to-Treasury
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Share Tweet By Billy Hallowell Editor November 6, 2023 A medical doctor saving lives following Hamas’ deadly Oct. 7 assault on Israel recently detailed some of the miraculous moments he’s seen in the one month since the terror attack killed 1,400 and left thousands injured. Listen to them on the latest episode of Quick Start ? Dr.
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Loading… Loading… Loading… St. Galler Kantonalbank (SGKB), Switzerlands fifth-largest cantonal bank, in partnership with SEBA Bank, launched digital asset custody and brokerage services for Bitcoin BTC/USD and Ethereum ETH/USD for its clients. The contract was signed in early 2023 post a short implementation project. The first set of customers will be wealth-management clients followed by
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Loading… Loading… Loading… Stablecoin issuer and payments firm, PayPal Holdings Inc PYPL said Thursday that it has received a subpoenafrom SECs Enforcement division regarding its PYUSD, USD-pegged stablecoin, as indicated in its Q3 earnings filing. The stablecoin was issued in August 2023 making the company the first major tech firm to support digital currencies for
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Loading… Loading… Loading… Tesla IncCEO and X ownerElon Musk participated at the AI Safety Summit in the U.K. on Thursday. A one-on-one discussion between U.K. Prime Minister Rishi Sunak andMusk was also live-streamed on X, formerly known as Twitter,to discuss all aspects of global growth and AI technology. Musk was also busy on X introducing
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