BNPL

ASX heads higher, UK regulator reviews BNPL sector, Jeff Bezos standing down as Amazon (NYSE:AMZN) CEO The ASX200 (ASX:XJO) delivered a third straight day of gains, finishing 0.9% higher, with the rally broad-based but driven mainly by the banking and property sector which were 1.5% and 2.6% higher respectively. The oil price also hit a 12-month high…

Airbnb, one of the largest online home rental companies, made a spectacular debut on the Nasdaq last Thursday, with shares more than doubling to give a US$100 billion valuation on its first day of trade. Shares in Airbnb began trading on Thursday at US$146 per share (A$194), rising 115% above its IPO price of US$68,…

With less than a month left in 2020, broking firms, analysts and market economists start releasing their crystal-ball predictions for 2021. Most of these predictions are fairly stock-standard, such as “Goldman Sachs expects the S&P 500 to surge 19% from Monday’s close to 4,300 by the end of 2021, with gains tacking on an additional…

Part of the “financial wellness” app category, WeMoney is a must-have for those that are bad with their money or anyone, for that matter, who is looking to streamline and manage multiple bank accounts. Founder Dan Joveski is a former banker at NAB and has experience with start-ups after launching a company called SwitchMyLoan, which…

And just like that, pharmaceutical behemoth Pfizer (NYSE:PFE) seemingly comes through with the goods, announcing a 90% effective COVID-19 vaccine. Global markets rejoiced, punching the air in delight screaming ‘pandemic over’. First Joe Biden is elected, the US rejoices in happiness, and now this. It could not get any better. As Bob Marley would say,…

The last few months have been an IPO bonanza for investors after a flurry of small-cap tech companies listed on the ASX at a most opportune time. A recovery rally, together with a COVID-19 inspired move to digital, saw both the tech and healthcare sectors boom. Simple logic would tell you, that listing during a…

Investors ready themselves for Covid-normal And just like that, this crazy year is almost over. As we head into Christmas, Melburnians will breathe a sigh of relief after a marathon lockdown is lifted and the state readies for a “COVID-normal Christmas” – whatever that is. While markets largely shrugged off the COVID effect, it’s been…

It’s back: US markets down over 4%, dividends the story of the day, a deal with the devil The ASX 200 (ASX:XJO) finished another 0.8% higher, with everything but the IT, materials and utilities sectors adding to the rally. As reporting season comes to an end, dividend payments are driving daily movements with BHP Group…