By DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers Wall Street ended a volatile week of trading Friday with a late-afternoon buying spree that gave the major stock indexes…
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Billionaire Chamath Palihapitiya says Visa and Mastercard will be the biggest business failures in 2022, losing out to altcoin-linked projects
Chamath Palihapitiya.Brian Ach/Getty Images for TechCrunch Visa and Mastercard will lose out to Web3-based payment projects in 2022, Chamath Palihapitiya said. Both companies are a “completely contrived duopoly that doesn’t…
Alibaba stock just suffered the biggest 5-day selloff in its history, but Susquehanna analyst stays ‘positive’
Shares of Alibaba Group Holding Ltd. bounced Wednesday, to put them on track to snap the worst five-day performance in their public history, as Susquehanna analyst Shyam Patil slashed his…