Afterpay Ltd (ASX:APT) is the owner of the popular “buy now, pay later” app. Afterpay has over 9 million registered users worldwide, making it one of Australia’s true technology success stories. Afterpay is trying to emulate its outstanding success in Australia by expanding its reach into the UK, using the ‘Clearpay’ brand name, and into the USA, where it has signed major social influencers to endorse its service.
This week, Australia’s largest money business, Commonwealth Bank of Australia (ASX: CBA), handed in its report card.
Despite stellar headline numbers, a closer look at Commonwealth Bank of Australia (ASX: CBA) reveals stagnating revenues and profits.
The Zip Co Ltd (ASX:Z1P) share price could be put under pressure with Klarna’s latest plans to capture market share in Australia.
FY21 distributions fell for toll road developer and operator Transurban Group (ASX: TCL) as on-off COVID-19 restrictions restricted mobility.
The S&P/ASX 200 (ASX: XJO) charged 2% higher for the week while all three US benchmarks recorded weekly gains. Here are my key takeaways.
For Aussie tech investors, the biggest news since sliced bread came this month, in the form of a $39 billion offer from Square Inc (NYSE: SQ) for Afterpay Ltd (ASX: APT). Afterpay shareholders are now left wondering ‘what should I do?’
The S&P/ASX 200 (ASX:XJO) overcame another 8% fall in the iron ore price to deliver a 0.4% gain on Friday as REA (ASX:REA) reported results.
The Afterpay Ltd (ASX:APT) share price has continued to rise after receiving a takeover bid from fintech giant Square Inc (NASDAQ: SQ).
On the Australian Investors Podcast this week, 7Investing’s Anirban Mahanti and Owen Rask dissect Square’s (NYSE: SQ) Afterpay Ltd (ASX: APT) takeover, Volpara Health’s (ASX: VHT) latest results, and more.