Articles On Zip Co (ASX:Z1P)

Wall Street slides again Volatility was the theme of the week for US stocks, as a more hawkish central bank and Omicron virus weigh on investors’ minds ahead of the holiday season. On Friday, all three major US indexes finished in the red a...

Once a week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes b...

World Overnight SPI Overnight 7177.00 - 30.00 - 0.42% S&P ASX 200 7304.00 + 8.30 0.11% S&P500 4620.64 - 48.03 - 1.03% Nasdaq Comp 15169.68 - 10.75 - 0.07% DJ...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

The S&P/ASX 200 (ASX: XJO) benefitted from a strong overseas lead but managed to deliver a gain of just 0.1% on Friday. The ASX technology sector continues to be the largest drag, falling 3.9% for the day and 4.5% for the week, with ene...

The S&P/ASX 200 Index (ASX: XJO) looks set to end the trading week on a positive note after a pretty lacklustre few days. At the time of writing, the ASX 200 is up by 0.17% at 7,308 points. But let’s dive a little deeper and check out...

Friday is proving to be disastrous for the Openpay Group Ltd (ASX: OPY) share price, and the buy now, pay later (BNPL) sector in general. The industry’s pain comes amid the launch of an inquiry into BNPL companies by the United States’ Con...

Highlights The ASX 200 was trading 0.14% or 10.4 points to 7,308.3 in early trade. Gold stocks were shining in the morning session as the underlying commodity’s price shot up overnight. The Information Technology sector was spoiling t...

Much to the relief of ASX investors no doubt, the S&P/ASX 200 Index (ASX: XJO) is actually enjoying a day in the green so far this Friday. At the time of writing, the ASX 200 is up a healthy 0.49% at 7,331 points. That may come as a r...

At lunch on Friday, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a positive note. The benchmark index is currently up 0.55% to 7,335.6 points. Here’s what is happening on the ASX 200 today: Corporate Travel Manageme...

The Zip Co Ltd (ASX: Z1P) share price is tumbling as the United States puts pressure on buy now, pay later (BNPL) providers. Additionally, reports that talks of a merger with Sezzle Inc (ASX: SZL) hit the rocks are swirling on Friday. At t...

The Zip Co Ltd (ASX: Z1P) share price is currently down by around 7%. It’s not the only one in the buy now, pay later sector. There are clouds gathering about the BNPL industry in the US. Other declines include the Afterpay Ltd (ASX: APT) s...

ASX buy now, pay later (BNPL) shares including Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) are sinking this morning after US authorities launched an investigation into the sector. The United States-based Consumer Financial Protection...

Australian fintechs Afterpay and Zip Co are among several companies being scrutinised by US regulators over their policies of letting consumers buy products now, while paying for them later.

Buy Now Pay Later stocks will be looking over their shoulders after Washington-based US regulator the Consumer Financial Protection Bureau (CFPB) said it was looking into five US players including Zip Co, Affirm, Afterpay, Klarna and PayPal...

Tech stocks rout on Wall Street US tech stocks fell hard overnight as investors reassessed the Fed’s decision to hike rates next year. Tesla and Apple led the rout, down by 5% and 3.5% respectively as markets reassessed their near term pros...

The ASX technology sector once again dragged the market lower, falling 2.6% and pulling the S&P/ASX 200 (ASX: XJO) down 0.7% along with it. The biggest detractors were Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) which fell 3.1% an...

The Tech sector weighed heavily on the local index today and was down by more than 2.5%, dragging the ASX 200 lower by 0.70%. The fall came on the back of negative sentiment on the Nasdaq overnight, which fell by more than 1%. Investors hav...

The S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. In afternoon trade, the benchmark index is down 0.45% to 7,344.2 points. Four ASX shares that are falling more than most today are listed below. Here’s wh...

It’s a rough day on the market for the Sezzle Inc (ASX: SZL) share price despite silence from the company. In fact, the market hasn’t heard any news from the buy now, pay later (BNPL) company for nearly a fortnight. Yet its stock is slumpi...

Buy now, pay later (BNPL) companies were among the stock market darlings of 2020 – and nowhere more than in Australia, the birthplace of pioneering companies Afterpay and Zip Co. There are 15 BNPL companies listed on the Australian Securiti...

Finally some good news for the buy now, pay later provider. But will it translate into a better 2022 for shareholders?

The Tyro Payments Ltd (ASX: TYR) share price has had a tough time in recent months. But could the payments business be a buy? Since the start of 2021, Tyro shares have fallen around 14%. But over the last six months it has actually dropped...

Flight Centre Travel Group Ltd (ASX: FLT) shares are no stranger to topping lists. The company’s stock is often the ASX’s most shorted share, but it seems not everyone is bearish on its future. Trading platform, Superhero has looked back...

Unless ASX-listed BNPL shares experience a dramatic Christmas rally, the sector looks likely to underperform the S&P/ASX 200 Index (ASX: XJO) in 2021. This sort of performance almost seems uncharacteristic for companies like Afterpay...

The Zip Co Ltd (ASX: Z1P) share price is in focus. What is the outlook for the buy now, pay later company? It has been a tricky year for the BNPL business. Whilst the Zip share price only shows a 12% drop this calendar year, there has been...

Once a week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes b...

Highlights Vulcan Energy shares surged more than 5% following an acquisition news. Fortescue Metal fell over 2% after it announced the departure of its CEO. Westpac shares dipped 1% after it extended the date for share buyback. Apoll...

The ASX 200 closed Friday’s trading lower by 0.38%, but was still up 1.6% for the week. The local market was relatively quiet today as nervous investors awaited the key US CPI data to be released tonight (US time). Investors could be bracin...

Highlights The ASX 200 declined 0.5% by mid-session on Friday. Barring utilities, all sectors were bleeding in the red. Afterpay, Whitehaven Coal, Zip Co, Eagers Automotive, AMP topped the ASX losers’ chart. Fitch has downgraded Chin...

ASX buy now, pay later (BNPL) shares, such as Zip Co Ltd (ASX: Z1P), might find themselves short of funds in the new year, according to Grant Halverson, the founder and CEO of payments consultancy McLean Roche. In response, ASX BNPL giant...

The S&P/ASX 200 (ASX: XJO) couldn’t overcome weaker sentiment on Thursday, initially trading higher but ultimately falling 0.3% and breaking the 2% gains in recent days. Only two sectors posted positive returns, being utilities and heal...

World Overnight SPI Overnight 7368.00 – 10.00 – 0.14% S&P ASX 200 7384.50 – 20.90 – 0.28% S&P500 4667.45 – 33.76 – 0.72% Nasdaq Comp 15517.37 – 269.62 – 1.71% DJIA 35754.69 – 0.06 – 0.00% S&P500 VIX 21.58 + 1.68 8....

A payments expert has predicted that ASX buy now, pay later (BNPL) shares are going to have a tough year in 2022. One of the leading minds in the payments space has predicted that bad debts and losses will mount up next year. Prediction of...

Highlights Eroding some of the gains registered in the prior session, the ASX 200 closed lower in a flat day of trade, declining 0.3 per cent, partly wiping the 1.3 per cent gain from Wednesday. Sinusoidal trends continue in the Asian...

The ASX 200 finished lower by 0.28% today, as investors turn cautious ahead of the Fed’s CPI release this Friday (US time). Overnight, US and EU markets rose following Pfizer’s announcement that three doses of its jab could protect against...

The S&P/ASX 200 (ASX: XJO) continued its positive run on Wednesday, gaining another 1.3% with every sector of the market finishing higher. The standouts were the technology, communications and materials sector, which all gained 2.1%. Th...

Highlights The ASX 200 ended up today, gaining 91.50 points or 1.25%, hitting 7,405.40. The gains were broad-based, but strongest in iron ore miners, communications, and information technology. Asian and US markets recovered as fears...

Hopes that the new Omicron strain will have a less-pronounced impact on travel and consumer confidence have bolstered stocks this week. Scientists and vaccine makers are still assessing the severity of Omicron and how well existing vaccines...

Today, the S&P/ASX 200 Index (ASX: XJO) took a page out of Wall Street’s book by posting a broad market gain. At the closing bell, the benchmark index surged 1.25% higher to 7,405.4 points. There were minimal losers in today’s session,...

Highlights Mesoblast shares topped the ASX gainers’ chart on positive clinical data for cardiovascular disease. Zip Co extended rally for the second day on rating upgrade. Shares of Nickel Mines rose 4% on acquiring stake in the Oracl...

The Zip Co Ltd (ASX: Z1P) share price is lapping up the attention of investors today. Heading into the afternoon, the buy now, pay later (BNPL) provider is the best performing company in the S&P/ASX 200 Index (ASX: XJO). In specific t...

The recent price weakness for Zip Co (ASX:Z1P) (as well as other BNPL stocks) has brought the company’s share price back to a more palatable trading range for UBS bank. In a research note following Z1P’s Tuesday trading update, analysts Tom...

Highlights The ASX 200 jumped 60.7 points or nearly 0.81% to 7,374.6 in early trade. The IT sector was the top gainer, rising 2.07%, owing to a sizable gain in NASDAQ. A sharp rise in the prices of iron ore and crude oil helped commod...

ASX-listed buy now, pay later (BNPL) shares are squarely in focus today as the government announces new payment system reforms. The fear of regulation has long plagued the BNPL sector since Afterpay Ltd (ASX: APT) entered the scene in a m...

Treasurer Josh Frydenberg is going to introduce new payment laws that could affect newer key players like Apple (NASDAQ: AAPL), Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P). New payment laws According to reporting by various media, suc...

Positive news from the White House on the severity of the Omicron variant supported another surge in the S&P/ASX 200 (ASX: XJO) on Tuesday, which gained 1%, taking the winning streak to three straight days. Consumer-facing companies, pa...

World Overnight SPI Overnight 7376.00 + 22.00 0.30% S&P ASX 200 7313.90 + 68.80 0.95% S&P500 4686.75 + 95.08 2.07% Nasdaq Comp 15686.92 + 461.76 3.03% DJIA 35719.43 + 492.40 1.40% S&P500 VIX 21.89 – 5.29 – 19.46%...

ASX soars on tech with ZipCo up 10 per cent, Douglass's reaffirm Magellan stake despite split, Woodside to invest $7bn in new energy, and Avanteos guilty of dead client fees.

As China becomes more isolated and its growth slows, India offers much promise for ASX companies – but why haven’t they been taking it up? Unless you’ve been in iron ore, the past couple of years has been a difficult time for an ASX company...