Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Is Afterpay headed for a US listing?

Published

on

Afterpay tells the market it will move for a US listing.

Popular buy now pay later platform Afterpay is looking at the potential of a US.

The company says the move comes “given the US market is now the largest contributor to our business and is expected to continue to grow strongly.”

But the company says it wants to keep its headquarters in Australia and has set no timeline for a board decision on the listing. 

Afterpay has also provided a quarterly update: underlying sales were up 104 per cent in the third quarter of FY21 against the prior comparable period. 

Underlying sales in the United States and United Kingdom were up 211 per cent and 277 per cent respectively on Q3 FY20 on a local currency basis. 

Afterpay also revealed rapid growth in the United Kingdom, where underlying sales were $500 million, up 246 per cent compared with the same quarter last year. It also launched in Spain, France and Italy during the quarter.

Additionally, the company said March 2021 exceeded December 2020 in sales to deliver “the second highest monthly underlying sales ever recorded,” with the US division becoming the first region to record more than $1b in underlying sales in a single month.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

Published

on

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.


US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#WallStreet #StockMarket #SP500 #DowJones #MarketRally #USMarkets #GlobalMarkets #TickerNews


Download the Ticker app

Continue Reading

Money

Dow hits record after U.S. military action in Venezuela

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

Published

on

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.


The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.

Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.

Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#DowJones #StockMarket #Venezuela #Maduro #OilPrices #EnergyStocks #Geopolitics #TickerNews


Download the Ticker app

Continue Reading

Money

Wall Street eyes further gains in 2026 as rate cuts fuel optimism

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

Published

on

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.


Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.

The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.

However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#WallStreet #StockMarket #USMarkets #InterestRates #Investing #MarketOutlook #Ticker #FinanceNews


Download the Ticker app

Continue Reading

Trending Now