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Tag: Investor Update

PSEG to Invest $21B for Net Zero Targets

Public Service Enterprise Group (PSEG) Inc. has raised its 5-year regulated capital spending plan to potentially reach $21 billion as it focuses on investing...

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American Airlines reports fourth quarter and full-year 2021 financial results

American Airlines Group Inc. today reported its fourth-quarter and full-year 2021 financial results, including: Fourth-quarter revenue of $9.4 billion, down 17% versus the same period in 2019 on a 13% reduction in total available seat miles (ASMs) versus the same period in 2019. Fourth-quarter net loss of $931 million, or ($1.44) per share. Excluding net […]

American Airlines Expects Pre-Tax Loss Of Up To $1.2 Billion

American Airlines released an investor update covering the fourth quarter of 2021. While the recovery has continued, American…

PayPal to Launch Crypto Wallet in Q3 This Year, CEO Reveals

Payment provider PayPal Holdings Inc. published its second-quarter financial report Wednesday. CEO of PayPal Dan Schulman said the company would launch a crypto...

PayPal’s crypto ‘super app’ set to roll out soon

Dan Schulman said the project was already "code complete" and planned to be fully ramped in the United States in the next several months.

QED Investors Has Busy Q2: Morris

The recently completed second quarter was a busy one for QED Investors, co-founder and managing partner Nigel Morris said in a recent investor...

Something Ventured Part 2: A New Type Of Tipping Point, Hiring And Slowing Down

Editor’s note: This profile is part of Something Ventured, an ongoing series by Crunchbase News examining diversity and access to capital in...

Get Ready for a Massive Paradigm Shift in the Auto Sector

The dream of an electric car future began to crystallize in 2010. That’s the year Tesla went public. Soon after, Tesla introduced its Model S...

Marketplace Lender Prosper Reports that 78% of Originations Rated AA-B in May 2021, with $13K Avg Loan Size

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared its Performance...

Marketplace Lender Prosper Reports Relatively Stable Loan to Income Ratio for April 2021

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, recently shared performance data...

PayPal says its crypto efforts are producing ‘really great results’ on earnings call

PayPal’s CEO believes crypto assets are forging a more equitable and inclusive financial system.

Secondary Market Watch-List: April

When investing, your capital is at risk. On the first Tuesday of every month, we launch yet another cycle on the Secondary Market!...

10 Tips to Make Your VCs Calmer, Happier — And On Your Side

Your VCs aren’t the boss. They should work for you.  You don’t need to do what they say, or have pre-pre-board meetings if...

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