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ayondo Comment: “Snap Inc’s Staying Power to be Tested with First Earnings Report”
Jordan Hiscott, Chief Trader at ayondo markets
“Snap Inc’s staying power to be tested with first earnings report”
“Given the expectations of technology companies at the moment, there will be a lot of interest in Snap Inc’s first earnings report tomorrow. The IPO was certainly a success, having priced at $17 initially before moving higher to $28.50. But its share price has since moved to the lower range of $20 – $23.
“In my opinion, for this set of earnings the market will be less focused on the loss per share and more of the increase in users generated. In addition, any indications on special projects, like augmented reality or video glass lens should be welcomed by the market.”
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Mastercard, NCR Atleos, and ITCard to Enhance Contactless Experiences at ATMs
Mastercard with NCR Atleos and ITCARD are enabling cash to be securely withdrawn at contactless ATMs
Paytently and Mastercard Partner to Launch Next- Generation Open Banking Payment Solution
Paytently has launched Paytently Open Banking powered by Mastercard Open Finance streamlining payments end-to-end
Botim Expands UAE-Ethiopia Financial Corridor With Commercial Bank of Ethiopia Partnership
botim announced a partnership with the Commercial Bank of Ethiopia to deliver secure, convenient remittance solutions for Ethiopians in the UAE
Onafriq and Visa Partner to Launch Visa Pay, Unlocking Interoperability Between Card and Mobile Money in the DRC
Onafriq has partnered with Visa to launch Visa Pay to expand digital financial access across the DRC
Jet2 Selects APEXX Global as Payment Orchestration Partner
Jet2 has selected APEXX Global as its exclusive Payment Orchestration Partner to optimise and future-proof its global payments infrastructure
Binance and Franklin Templeton to Develop Digital Assets Initiatives and Products
Binance and Franklin Templeton announced a collaboration to build digital asset initiatives and solutions tailored for a broad range of investors