Apple Pay

PayPal Holdings Inc. (NASDAQ: PYPL) has been on a roll with several new partnerships as the stock continues to trade at record highs. Over the past week, PayPal has signed new deals with Apple Inc. (NASDAQ: AAPL), Samsung Electronic (OTC: SSNLF), Visa Inc (NYSE: V)'s Visa Europe and JPMorgan Chase...

Monness Crespi Hardt analyst James Cakmak is now the most bullish Paypal Holdings Inc (NASDAQ: PYPL) analyst on the Street, reiterating a Buy rating and upping his price target from $54 to $70. The firm’s “top idea for 2017” has an average price target across analysts of around $...

A 10-year-old Australian boy and 82-year-old Japanese woman were among the hundreds of developers convened at Apple Inc. (NASDAQ: AAPL)'s 2017 WWDC conference Monday. “The Apple developer community has never been more vibrant,” CEO Tim Cook said during the keynote address. “We...

Issuing a note on Apple Inc. (NASDAQ: AAPL)'s services update, Credit Suisse derived five key conclusions. The firm also dwelled on options before Apple if it were to pursue inorganic growth and zeroed in on Netflix, Inc. (NASDAQ: NFLX) as the most likely option. Apple's services business includes...

Moneygram International Inc (NASDAQ: MGI) shares are up 9.0 percent on Thursday after Alibaba Group Holding Ltd (NYSE: BABA) payment affiliate Ant Financial agreed to purchase MoneyGram for $880 million. The merger is the latest step in Alibaba’s international expansion efforts. According to...

Consumers in Britain have made it clear that cash is not king. According to Finextra, UK consumers opt to reach for their credit cards or other alternative forms of payment in more than 50 percent of all transactions. Back in 2014, the market share of cash payments dipped below the 50 percent mark...

Ever since Apple Inc. (NASDAQ: AAPL) entered the payment apps in October 2014, other smartphone makers are also trying to get their share, such as Samsung Electronics' Samsung Pay. Now, both are fighting for the top position in the payment apps space among the smartphone makers. Auriemma...

The future of Apple is an unpredictable one. The tech company has fallen off 14 percent from its year-to-date high of $112.10 and now sits around $96.50. On Friday’s PreMarket Prep, Wedbush Securities’ Ian Winer gave his bullish and bearish cases for Apple Inc. (NASDAQ: AAPL). ‘...

The Apple Inc. (NASDAQ: AAPL) Worldwide Developers Conference (WWDC) 2016 began on June 13 in San Francisco and Bernstein analyst A.M. (Toni) Sacconaghi offered his key takeaways of the event. Sacconaghi said Apple's announcements were in line with investor and blog expectations. The Cupertino,...

Apple Inc. (NASDAQ: AAPL) detailed its expansion plan for Apple Pay at the Worldwide Developers Conference (WWDC). According to Josh Beck of Pacific Crest Securities, Apple's new plan for its mobile payment system resulted in it completing the "commerce trifecta" of boasting in-store, in-app and in...

Gene Munster of Piper Jaffray continues to view Apple Inc. (NASDAQ: AAPL)'s Apple Pay as a superior POS mobile payment solution and, with the dawn of availability in online channels, a legitimate threat to Paypal Holdings Inc (NASDAQ: PYPL)'s staying power. At Apple's WWDC developer conference...

At its annual developer conference, Apple Inc. (NASDAQ: AAPL) announced its much awaited “Apple Pay for Safari.” Bernstein’s Lisa D. Ellis maintained an Outperform rating on the company, with a price target of $135. Until now, Apple Pay had only been available for iPhones and...

Apple Inc. (NASDAQ: AAPL) began its Worldwide Developers Conference on Monday. Goldman Sachs’ Simona Jankowski maintained a Buy rating for the company, with a price target of $124. The analyst commented that the announcements made at the WWDC were in-line with broader expectations and were...

Facebook Inc (NASDAQ: FB)'s daily active user base dwarfs those of Twitter Inc (NYSE: TWTR) and Snapchat combined. As of the first quarter of 2016, Facebook boasts 1.65 billion users who log on to the platform at least once a month. With statistics like this, Facebook is clearly the king of social...

Ian Winer of Wedbush Securities was a guest on CNBC to discuss why he's still urging investors to "stay short" Apple Inc. (NASDAQ: AAPL)'s stock. According to Winer, Apple once had an "edge on everything" but bulls are now scrambling to change their thesis on Apple...