Angel Au-Yeung is a reporter for The Wall Street Journal and Yahoo Finance, with her work also being featured in Forbes. She specializes in covering the fintech industry, providing insights and analysis on topics such as stock market trends, partnerships, earnings reports, and the impact of buy-now-pay-later services.
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Angel Au-Yeung predominantly covers the fintech and stock market, with a strong emphasis on investment analysis and data-backed reporting. She frequently reports on earnings reports, CEO changes, as well as developments in the banking sector related to fintech.
Given her focus on investment analysis and citing data, Angel may be receptive to pitches from financial analysts or industry experts who can provide deep insights into market trends within the fintech sector. Additionally, sources with access to exclusive data or research that sheds light on emerging trends in stock performance could capture her attention.
As Angel's coverage attributes do not indicate a specific geographic focus, she appears to cover international finance news comprehensively.
This information evolves through artificial intelligence and human feedback. Improve this profile .
PayPal and Block said they would trim their expenses, as high interest rates have put many financial-tech companies in a tight spot.
Visa's shares closed at a record high Tuesday. The stock rose 0.9% in Tuesday's trading, finishing at $252.23 to set the first new high since July 2021, according to Dow Jones Market Data.The shares have have steadily risen since the company reported earnings a month ago, when it turned in strong
By: Angel Au-Yeung
Shares of Affirm Holdings, a payments platform best known for its buy now, pay later offering, were recently up 10%. + The rise is due in large part to a report from Adobe that said buy now, pay later transactions drove $760 million in online spending in Black Friday weekend sales, up 20% from last year.
Affirm Holdings is down 6% in Monday trading, days before the Federal Reserve will announce its decision on interest rates. The stock, however, has largely kept Wall Street happy this holiday season. Since Black Friday, the stock has rallied 50%.
By: Angel Au-Yeung
Consumers are flocking to installment loans for everything from holiday gifts and groceries to laser eye surgery.
Shares of Discover Financial Services fell 5% in after-hours trading Wednesday after it released its fourth-quarter earnings report, missing Wall
From fuel and groceries to hotels and airline tickets, consumers are putting more purchases on credit cards—and taking longer to pay them off.
Payments firm Block said Tuesday that it would be laying off employees at both its Square and Cash App units. CEO Jack Dorsey said during [an earnings call in November](https://www.wsj/business/block-ceo-jack-dorsey-stock-ca9e84ff) that he plans to cut around 1,000 jobs—just under 8% of its workforce—by the end of 2024. "Today we took meaningful and challenging steps towards our goal of constraining the company to 12,000 by the end of 2024," a Block spokeswoman said in a statement.
Payments firms Block and PayPal are getting smaller. PayPal said Tuesday that it would [cut its workforc](https://www.wsj/business/paypal-to-cut-global-workforce-by-9-amid-turnaround-plan-2eead26a)e by 9% this year, according to a letter to staff reviewed by The Wall Street Journal.
Shares of SoFi Technologies fell Tuesday after the financial services company said it plans to raise $750 million by issuing convertible senior notes due 2029. The stock was recently down about 14%.
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