MEGA MERGER: Zip (ASX:Z1P) and Sezzle (ASX:SZL) to team up for $491 million
Zip Co Ltd (ASX: Z1P) has agreed to merge with Sezzle Inc (ASX: SZL) for $491 million as the buy-now-pay-later (BNPL) land grab heats up.
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Apple Inc. (NASDAQ: AAPL) is one of the largest companies in the world thanks to its uber-popular consumer electronics like the iPhone, Macbook, and iPad. Over the years, Apple has moved into the services space with offerings such as iCloud, Apple Music, Apple News and Apple TV+ increasingly gaining traction.
Zip Co Ltd (ASX: Z1P) has agreed to merge with Sezzle Inc (ASX: SZL) for $491 million as the buy-now-pay-later (BNPL) land grab heats up.
US stock markets surged on Friday with the Nasdaq gaining 1.6%, the Dow Jones up 2.5% and the S&P 500 adding 2.2%.
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In a somewhat unexpected shift, the major US stock markets all finished higher on Thursday despite Russia’s attack on Ukraine.
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The Zip Co Ltd (ASX: Z1P) share price is down 81% but investors should be cautious jumping in because of the dramatic share price decline.
On this Australian Investors Podcast episode Dr Anirban Mahanti and Owen Rask tackle Apple Inc (NASDAQ:AAPL), PlaySide Studios Ltd (ASX:PLY), Alphabet Inc (NASDAQ:GOOGL), Commonwealth Bank of Australia (ASX:CBA), Twilio Inc (NYSE:TWLO), Nanosonics Ltd (ASX:NAN), Meta Systems Inc (NASDAQ:FB) and Computershare Ltd (ASX:CPU).
Meta Platforms (NASDAQ:FB) stock price crunched. Amazon (NASDAQ:AMZN) takes flight. Is this end of FANG stocks? Or…Are FANG stocks cheap?
All three US stock markets rallied on Friday as Apple (NASDAQ:AAPL) and Atlassian (NASDAQ:TEAM) shares soared on strong earnings reports.